BOCCONI UNIVERSITY, 2008 – 2009
This course aims at providing the basic analytical tools needed to understand the role of different institutions in shaping the labor market. We will study both the goals and effects of different labor market institutions such as the regulation of permanent and temporary employ- ment, the minimum wage, or welfare benefits. A particular emphasis will be devoted to the political economy approach: in other words, the analysis will focus on the winners and losers of different institutions and reforms, in order to understand their political support and feasibility. The theoretical discussion will be complemented by the institutional and statistical analysis of the European and U.S. labor markets.