Teacher
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LEVRERO ENRICO SERGIO
(syllabus)
I. THE LABOUR MARKET
- The peculiarity of the labour market - Changes in employment and its composition - The measure of labour unemployment and underemployment - Time and piece wages - Wage differentials - The share of wages in national income - Trade unions and collective bargaining II. THEORETICAL MODELS - The neoclassical theory of wages and employment - Employment and wages in the Keynesian model - The IS-LM model - From the Beveridge curve to the Phillips curve - The interpretations of the Phillips curve - The search theory and the theory of human capital - The new-Keynesian economics - Imperfection competition, NAIRU and distributive conflict - Alternative theories of wages and employment - Subsistence wage, surplus wage and the competition in the labour market III..EMPIRICAL ANALYSIS AND LABOUR POLICIES - The European strategy for employment - The reforms of the labour market in Italy and Europe - Welfare systems and financial capitalism - Measures against poverty: basic income and schemes of job-guarantee - Wages and labour productivity - Wage share and employment - Potential output, NAIRU and structural deficit - Innovations, productivity and working time
(reference books)
P. Tridico, ECONOMIA DEL LAVORO. Analisi macroeconomica, evidenze empiriche e politiche del lavoro" Mondadori Università, 2019. ES. Levrero, Lectures slides and notes
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