Labor EconomicsThis updated edition includes research in the field of labour economics and blends coverage of traditional topics with modern theory and developments. It also incorporates policy examples, allowing students to understand links between theory and reality, and a leaner presentation of the theory. |
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Page 268
... earnings is contami- HS ' nated by the presence of OJT . In other words , the human capital model predicts that the correlation between earnings and schooling is weak at the beginning of the working life , is strongest at the overtaking ...
... earnings is contami- HS ' nated by the presence of OJT . In other words , the human capital model predicts that the correlation between earnings and schooling is weak at the beginning of the working life , is strongest at the overtaking ...
Page 317
... earnings profiles of each of the immigrant cohorts is parallel to the age - earnings profile of the native population . There is no wage convergence between immigrants and natives in our hypothetical example . Suppose we now have access ...
... earnings profiles of each of the immigrant cohorts is parallel to the age - earnings profile of the native population . There is no wage convergence between immigrants and natives in our hypothetical example . Suppose we now have access ...
Page 335
... earnings profile . As noted earlier , young men who quit their jobs experience substantial increases in their wages ... earnings profile , as illus- trated in Figure 9-14 . As drawn , the wage level increases substantially at ages t and ...
... earnings profile . As noted earlier , young men who quit their jobs experience substantial increases in their wages ... earnings profile , as illus- trated in Figure 9-14 . As drawn , the wage level increases substantially at ages t and ...
Contents
Labor Supply | 20 |
Topics in Labor Supply | 69 |
Labor Demand | 103 |
Copyright | |
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age-earnings profile allocate American Economic Review black workers budget line compensation contract contract curve correlation David Card decline discrimination dollars earnings efficiency wage employers equals equilibrium estimate evidence firm hires firm's high school higher household human capital illustrated in Figure immigrants impact implies income effect indifference curve input investments isocost isoprofit curve isoquant Jacob Mincer Journal of Economics Journal of Labor Journal of Political labor demand curve Labor Economics labor force participation labor market Labor Relations Review marginal cost marginal product migration minimum wage move native nonunion number of workers offer particular percent persons present value profits rate of return reduces relative reservation wage result retirement risky job sector shifts slope Statistics studies substitution effect supply curve Suppose typically unemployed unemployment rate union wage utility value of marginal wage differential wage gap wage increase wage rate white workers women