Learning objectives#
Methods#
Students explain how a Roy model can be used to learn about important economic parameters
Students explain why the treatment of heterogeneity matters in this particular application of the Roy model
Content#
Students list typical views of government activity as it affects households’ budget sets directly
Students explain why labour supply elasticities are an absolutely crucial parameter for policy evaluation (ex post, but even more so ex ante).
Students explain why symmetric reforms can have different effects depending on who is affected by them
Personal#
Students work through a complex paper.
Social#
Students discuss complex economic and methodological issues with their peers