DRE XX52 Topics in Search Theory II

DRE XX52 Topics in Search Theory II

Course code: 
DRE XX52
Department: 
Economics
Credits: 
3
Program of study: 
Doktorgradsstudium
Course coordinator: 
Espen Rasmus Moen
Product category: 
PhD
Portfolio: 
PhD Economics courses
Semester: 
2021 Autumn
Active status: 
Planned
Teaching language: 
English
Course type: 
One semester
Introduction

The aim of the course is to give the students in-depth understanding of search models of the labor market, and how to simulate and structurally estimate such models. 

Learning outcomes - Knowledge

The course aims to take the students to the research frontier in search theorey and structural estimation of search models. 

Learning outcomes - Skills

The students are expected to be able to construct and solve search models, solve the models analytically and estimate the models using indirect inference and other estimation techniques.-

General Competence

Understand how search frictions influence and shape price determination and the allocation of resources in markets, particularly the labor market. Understand how search models can be estimated.

Course content

In the first part of the course, extensions of the basic search models of the labor market are presented, including the DMP model with on-the-job search and with endogenous job destruction, as well as the Burdett-Mortensen model and the Postel-Viney Robin model of on-the-job search with extensions. In the second part of the course, the  course presents techniqes for estimating the models using indirect inference.

Teaching and learning activities

Students are required to participate in class – both in discussions and by presenting models/material from the reading lists.6 lecture hours will be used for exercises and for giving direct feedback to students. 

Software tools
No specified computer-based tools are required.
Qualifications

Enrollment in a PhD programme is a general requirement for participation in PhD courses at BI Norwegian Business School.
External candidates are kindly asked to attach confirmation of enrollment in a PhD programme when signing up for a course. Other candidates may be allowed to sit in on courses by approval of the course leader. Sitting in on a course does not permit registration for the course, handing in exams or gaining credits for the course. Course certificates or confirmation letters will not be issued for sitting in on courses.

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
DRE XXXX1
Grading scale:
Pass/fail
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
100No30 Hour(s)Individual
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:No
Grouping (size):Individual
Duration:30 Hour(s)
Comment:
Exam code:DRE XXXX1
Grading scale:Pass/fail
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Teaching on Campus
35 Hour(s)
Specified learning activities (including reading).
Student's own work with learning resources
35 Hour(s)
Teaching on Campus
15 Hour(s)
Sum workload: 
85

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 3 ECTS credit corresponds to a workload of at least 80 hours.