Modern Labor Economics: Theory and Public Policy |
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Page 368
... Average hourly earnings of manufacturing production workers during the year ( in dollars ) . ( 3 ) Average monthly earnings of full - time state- and local - govern- ment ( SLG ) employees in October of the year ( in dollars ) . ( 4 ) ...
... Average hourly earnings of manufacturing production workers during the year ( in dollars ) . ( 3 ) Average monthly earnings of full - time state- and local - govern- ment ( SLG ) employees in October of the year ( in dollars ) . ( 4 ) ...
Page 394
... average , than whites . Further , it may well be that the average quality of school- ing received by blacks is lower than the average for whites.3 We know that earn- ings rise with both education and experience , so that some of the ...
... average , than whites . Further , it may well be that the average quality of school- ing received by blacks is lower than the average for whites.3 We know that earn- ings rise with both education and experience , so that some of the ...
Page 443
... average unemployment rate during the period . estimated average unemployment rate using equation ( 15.2 ) and mean value of transition probabilities for that group . = estimated average unemployment rate of the group relative to the ...
... average unemployment rate during the period . estimated average unemployment rate using equation ( 15.2 ) and mean value of transition probabilities for that group . = estimated average unemployment rate of the group relative to the ...
Contents
Introduction | 1 |
Overview of the Labor Market | 12 |
The Demand for Labor | 48 |
Copyright | |
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analysis average behavior capital Chapter constraint costs decisions decline demand curve demand for labor discrimination discussion earnings elasticity of demand employed employment levels equilibrium estimates example expected factors federal Figure firm firm's fringe benefits hiring hourly human-capital immigration incentives income effect incomes policies indifference curves individuals industries investment isoquants Jacob Mincer Labor Economics labor force labor market labor supply layoffs leisure less marginal cost marginal product ment minimum wage nonunion occupational Orley Ashenfelter output overtime paid pension percent percentage period present value price inflation profits programs public employees Public Sector rate of wage real wage reduce relative rise risk shift studies substitution effect supply curve Suppose Table teenagers tend theory things equal U.S. Government Printing unem unemployed unemployment rate union members United utility W₁ wage increases wage inflation wage rate white males women