Programme

The Summer School starts on Tuesday 2nd July in the morning and ends on Thursday 4th July in the afternoon.


  Download the booklet of the summer school (including the final programme)  

 DAY-1     Directed search   (P.A. Gautier)

In this module, we will study the latest theories of “directed search”, with applications to the labour and housing market. In these models, the price plays a key role in ‘guiding’ the search for a trading partner. For example, in the labour market a higher posted wage attracts more applicants, and decreases the time a firm needs to fill its vacancy. Particular attention will be paid to how the meeting technology affects wages, market segmentation and sorting patterns. By the end of this module, students should be able to combine elements of directed search theory in order to shed light on key issues in labour, housing, financial and other markets.

 DAY-2     Sorting in the labour market   (J. Eeckhout)

In this module, we will explore recent theories explaining the matching of workers and firms. Sorting of workers with different abilities with firms differing in their productivities can have important consequences for income inequality and aggregate productivity in an economy. By the end of this module, students should be familiar with the main models of sorting in labour markets and be able to assess their empirical validity.
 

 DAY-3     Empirical models of search   (B. Decreuse and C. Schluter)

In this module, we will go through some of the most recent advances in the empirical analysis of search and matching models. The advantages and limitations of different structural and reduced-form approaches will be discussed in applications to U.S. and European local labour markets. We will assess the relevance of large micro databases and of the associated big data techniques. By the end of the module, students should be familiar with cutting-edge empirical methods to study search patterns and outcomes in labour, housing and other markets.

 Workshop 

Each day, lectures are followed by students’ presentations of their own research or of a paper chosen from a reading list. Students are strongly encouraged to present their own work during the Summer School. This is a unique opportunity to have focussed and valuable feedback from peers and from distinguished faculty. Candidates who do not intend to present their own work are asked to present a paper chosen from a reading list to be shared with registered students in due course.

 

At the conclusion of the Summer School, participants will receive a certificate of attendance outlining the number of hours attended. Interested students should check with their universities to see if these hours are transferable into ECTS credits.

 

 

 

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