Courses:

Labor Economics I >> Content Detail



Study Materials



Readings

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Recommended Texts


Ashenfelter, Orley, and R. Layard, eds. The Handbook of Labor Economics. Vols. Amazon logo 1 and Amazon logo 2. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564, ISBN: 0444878572.

Ashenfelter, Orley, and David Card, eds. The Handbook of Labor Economics. Vols. Amazon logo 3A, Amazon logo 3B, and Amazon logo 3C. Amsterdam, Netherlands: North-Holland, 1999. ISBN: 0444501878, ISBN: 0444501886, ISBN: 0444501894.

Amazon logo Borjas, George. Labor Economics. 2nd ed. Boston, MA: Irwin/McGraw Hill, 2000. ISBN: 0072311983.



Readings by Topic


Part One (Topics I to IV.D.) was taught by Prof. Joshua Angrist. Part Two (Topics IV.E. to VI.) was taught by Prof. Steve Pischke. The course did not cover in-depth Topics III.C., IV.B., and IV.C.


TOPICSREADINGS
I. Labor Market Statistics: Data Sources and Historical Overview

Angrist, Joshua, and Alan Krueger. "Empirical Strategies in Labor Economics." The Handbook of Labor Economics. Vol. 3A. 1999, chapter 23, sections 3 and 4, pp. 1278-1357.

Katz, Lawrence, and David Autor. "Changes in the Wage Structure and Earnings Inequality." The Handbook of Labor Economics. Vol. 3A. 1999, chapter 26, pp. 1463-1555.

Amazon logo Goldin, Claudia. "Labor Markets in the 20th Century." NBER Historical Working Paper no. 8, June 1994. Also in Engerman, Stanley, and Robert Gallman, eds. The Cambridge Economic History of the United States. Vol. 3. New York, NY: Cambridge University Press, 2000. ISBN: 0521553083.

U.S. Department of Labor, Bureau of Labor Statistics. How the Government Measures Unemployment, BLS Report 505, 1977.

———. Concepts and Methods Used in Labor Force Statistics from the CPS, BLS Report No. 463, Series P-20 No. 62, October 1976.

Lebergott, Stanley. Manpower in Economic Growth: The American Record Since 1800. New York, NY: McGraw-Hill, 1964.

Romer, Christina. "Spurious Volatility in Historical Unemployment Data." Journal of Political Economy 94, no. 1 (1986): 1-37.

Polivka, Anne. "Data Watch: The Redesigned Current Population Survey." Journal of Economic Perspectives 10, no. 3 (Summer 1996): 169-180. Also, see the CPS Web site and technical documentation for latest on post-redesign issues.

Farber, Henry. "The Changing Face of Job Loss in the United States, 1981-1995." Brookings Papers on Economic Activity: Microeconomics. 1997, pp. 55-128.

———. "What Do We Know about Job Loss in the United States? Evidence from the Displaced Workers Survey, 1984-2004." Economic Perspectives (Federal Reserve Bank of Chicago) QII (2005): 13-28.

Goldin, Claudia, and Robert Margo. "The Great Compression: The Wage Structure in the United States at Mid-century." Quarterly Journal of Economics 107, no. 1 (1992): 1-34.

Autor, David, and Mark Duggan. "The Rise in the Disability Rolls and the Decline in Unemployment." Quarterly Journal of Economics 118, no. 1 (2003): 157-205.

Acemoglu, Daron, David Autor, and David Lyle. "Women, War, and Wages: The Effect of Female Labor Supply on the Wage Structure at Mid-century." Journal of Political Economy 112 (2004): 497-551.

Autor, David, Lawrence Katz, and Melissa Kearney. "Trends in U.S. Wage Inequality: Re-Assessing the Revisionists." NBER Working Paper No. 11627, September 2005.

U. S. Bureaus of the Census and Labor Statistics. "Current Population Survey: Design and Methodology." Technical Paper 63RV. Washington, DC, March 2002. pp. 1-228. (PDF - 3.1 MB)#

II. The Neoclassical Labor Supply Model
A. Basics

Amazon logo Deaton, Angus, and John Muellbauer. Economics and Consumer Behavior. New York, NY: Cambridge University Press, 1980, especially chapter 4. ISBN: 0521296765.

Amazon logo Killingsworth, Mark. Labor Supply. New York, NY: Cambridge University Press, 1983, chapters 1, 2, and 7. ISBN: 0521299160.

Abbott, Michael, and Orley Ashenfelter. "Labor Supply, Commodity Demand and the Allocation of Time." Review of Economic Studies 43, no. 3 (1976): 389-411.

Ashenfelter, Orley, and James Heckman. "The Estimation of Income and Substitution Effects in a Model of Family Labor Supply." Econometrica 42, no. 1 (1974): 73-86.

Amazon logo Pencavel, John. "Labor Supply of Men: A Survey." In The Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1987, pp. 3-102. ISBN: 0444878564.

Amazon logo Blundell, Richard, and Thomas MaCurdy. "HOLE." The Handbook of Labor Economics. Vol. 3A. 1999, chapter 27. ISBN: 0444501878.

Amazon logo Killingsworth, Mark, and James Heckman. "Female Labor Supply: A Survey." In The Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986, chapter 2, pp. 103-204. ISBN: 0444878564.

Ashenfelter, Orley. "What is Involuntary Unemployment?" Proceedings of the American Philosophical Society 122, no. 3 (June 1978): 135-138.

Heckman, James J. "Shadow Prices, Market Wages and Labor Supply." Econometrica 42, no. 4 (July 1974): 679-94.

Imbens, Guido, Donald Rubin, and Bruce Sacerdote. "Estimating the Effect of Unearned Income on Labor Supply: Evidence from a Survey of Lottery Players." American Economic Review 91, no. 4 (2001): 778-794.

B. Tax and Transfer Programs

Moffitt, Robert. "Welfare Programs and Labor Supply." NBER Working Paper No. 9168, September 2002.

Eissa, Nada, and Jeffrey Leibman. "Labor Supply Response to the Earned Income Tax Credit." Quarterly Journal of Economics 111, no. 2 (May 1996): 605-637.

Amazon logo Killingsworth, Mark. Labor Supply. New York, NY: Cambridge University Press, 1983, chapter 6. ISBN: 0521299160.

Amazon logo Ashenfelter, Orley. "The Labor Supply Response of Wage Earners." In Welfare in Rural Areas. Edited by John Palmer and Joseph Pechman. Washington, DC: Brookings Institution, 1978, pp. 109-148. ISBN: 0815768958.

Greenberg, David, and Harlan Halsey. "Systematic Misreporting and Effects of Income Maintenance Experiments on Work Effort: Evidence from the SIME-DIME." Journal of Labor Economics 1, no. 4 (October 1983): 380-407.

Ashenfelter, Orley. "Determining Participation in Income-Tested Social Programs." Journal of the American Statistical Association 78, no. 383 (September 1983): 517-525.

Ashenfelter, Orley, and Mark Plant. "Non-Parametric Estimates of the Labor Supply Effects of Negative Income Tax Programs." Journal of Labor Economics 8, no. 1, part 2 (1990): S397-S415.

Plant, Mark. "An Empirical Analysis of Welfare Dependence." American Economic Review 74, no. 4 (September 1984): 673-684.

Blank, Rebecca. "Evaluating Welfare Reform in the United States." Journal of Economic Literature 40, no. 4 (December 2002): 1105-1166.

Blundell, Richard, Alan Duncan, and Costas Meghir. "Estimating Labor Supply Responses Using Tax Reforms." Econometrica 66, no. 4 (1998): 827-861.

Card, David, and Dean Hyslop. "Estimating the Effects of a Time-Limited Earnings Subsidy For Welfare-Leavers." Econometrica 73, no. 6 (November 2005): 1723-1770.

C. The Life-Cycle Model

Lucas, Robert E., Jr., and Leonard Rapping. "Real Wages, Employment, and Inflation." Journal of Political Economy 77, no. 5 (September-October 1969): 721-754.

Amazon logo Becker, Gary, and Gilbert Ghez. The Allocation of Time and Goods Over the Life-Cycle. New York, NY: Columbia University Press, 1975. ISBN: 0870145142.

MaCurdy, Thomas. "An Empirical Model of Labor Supply in a Life-Cycle Setting." Journal of Political Economy 89, no. 6 (December 1981): 1059-1085.

Altonji, Joseph. "Intertemporal Substitution in Labor Supply: Evidence from Micro Data." Journal of Political Economy 94, no. 3, part 2 (June 1986): S176-S215.

Browning, Martin, Angus Deaton, and Margaret Irish. "A Profitable Approach to Labor Supply and Commodity Demands Over the Life-Cycle." Econometrica 53, no. 3 (May 1985): 503-543.

Ashenfelter, Orley. "Macroeconomic and Microeconomic Analyses of Labor Supply." Carnegie-Rochester Conference on Public Policy 21 (1984): 117-156.

Angrist, Joshua. "Grouped-Data Estimation and Testing in Simple Labor Supply Models." Journal of Econometrics 47, no. 2 (1991): 243-266.

Amazon logo Card, David. "Intertemporal Labor Supply: An Assessment." In Advances in Econometrics Sixth World Congress. Edited by Christopher Sims. Vol. II. New York, NY: Cambridge University Press, 1994, pp. 49-78. ISBN: 0521444608.

Devereux, Paul J. "Small Sample Bias in Synthetic Cohort Models of Labor Supply." Forthcoming in The Journal of Applied Econometrics (University College Dublin Working Paper WP06/06, May 2006).

Oettinger, Gerald S. "An Empirical Analysis of the Daily Labor Supply of Stadium Vendors." Journal of Political Economy 107, no. 2 (April 1999): 360-392.

Farber, Henry. "Is Tomorrow Another Day? The Labor Supply of New York City Cab Drivers." Journal of Political Economy 113, no. 1 (February 2005): 46-82.

Fehr, Ernst, and Lorenz Goette. "Do Workers Work More if Wages are High? Evidence from a Randomized Field Experiment." University of Zurich, Institute for Empirical Research in Economics Working Paper 125, September 2005.

D. Household and Family Models

Amazon logo Becker, Gary S. A Treatise on the Family. Cambridge, MA: Harvard University Press, 1981. ISBN: 0674906969.

Becker, Gary, and H. G. Lewis. "On the Interaction between the Quantity and Quality of Children." Journal of Political Economy 82, no. 2, part 2 (March-April 1973): S279-S288.

Becker, Gary, and Nigel Tomes. "Child Endowments and the Quantity and Quality of Children." Journal of Political Economy 84, no. 4, part 2 (August 1976): S143-S162.

Bronars, Stephen, and Jeff Grogger. "The Economic Consequences of Unwed Motherhood: Using Twins as a Natural Experiment." American Economic Review 84, no. 5 (December 1994): 1141-1156.

Browning, Martin. "Children and Household Economic Behavior." Journal of Economic Literature 30, no. 3 (September 1992): 1434-1475.

Goldin, Claudia. "Career and Family: College Women Look to the Past." NBER Working Paper No. 5188, July 1995.

Gronau, Reuben. "Leisure, Home Production and Work-The Theory of the Allocation of Time Revisited." Journal of Political Economy 85, no. 6 (December 1977): 1099-1124.

Grossbard-Shechtman, Shoshana. "A Theory of Allocation of Time in Markets for Labour and Marriage." Economic Journal 94, no. 376 (December 1984): 863-882.

Angrist, Joshua, and William Evans. "Children and their Parents' Labor Supply: Evidence from Exogenous Variation in Family Size." American Economic Review 88, no. 3 (June 1998): 450-477.

Angrist, Joshua. "How Do Sex Ratios Affect Marriage and Labor Markets? Evidence from America's Second Generation." Quarterly Journal of Economics 117, no. 3 (August 2002): 997-1038.

Gronau, Reuben. "Sex-Related Wage Differentials and Women's Interrupted Labor Careers-The Chicken or the Egg." Journal of Labor Economics 6, no. 3 (July 1988): 277-301.

Amazon logo ———. "Home Production--A Survey." Chapter 4 in The Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564.

Amazon logo Montgomery, Mark R., and Trussell James. "Models of Marital Status and Childbearing." In The Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986, pp. 205-271. ISBN: 0444878564.

Rosenzweig, Mark, and Kenneth Wolpin. "Testing the Quantity-Quality Fertility Model: The Use of Twins as a Natural Experiment." Econometrica 48, no. 1 (January 1980): 227-240.

Willis, Robert. "What Have We Learned from the Economics of the Family?" American Economic Review 77, no. 2 (May 1987): 68-81.

Chiappori, Pierre-Andre, Bernard Fortin, and Guy Lacroix. "Marriage Market, Divorce Legislation, and Household Labor Supply." Journal of Political Economy 110, no. 1 (February 2002): 37-72.

Becker, Gary. "A Theory of Marriage: Part I." Journal of Political Economy 81, no. 4 (July-August 1973): 813-846.

Gelbach, Jonah. "Public Schooling for Young Children and Maternal Labor Supply." American Economic Review 92 (March 2002): 307-322.

Kearney, Melissa. "Is There an Effect of Incremental Welfare Benefits on Fertility Behavior? A Look at the Family Cap." Journal of Human Resources 39, no. 2 (2004): 295-325.

Black, Sandra, Paul Devereux, and Kjell Salvanes. "The More the Merrier? The Effect of Family Size and Birth Order on Children's Education." Quarterly Journal of Economics 120, no. 2 (May 2005): 669-700.

Angrist, Joshua, Victor Lavy, and Analia Schlosser. "New Evidence on the Causal Link between the Quantity and Quality of Children." IZA Discussion Paper 2075, April 2006.

III. Labor Demand, Immigration, Minimum Wages, and Unions
A. Labor Demand and Immigration

Amazon logo Hamermesh, Daniel. "The Demand for Labor in the Long Run." Chapter 8 in Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564.

Amazon logo ———. Labor Demand. Princeton, NJ: Princeton University Press, 1993, chapters 2-3, pp. 18-136. ISBN: 0691042543.

Amazon logo Nickell, Stephen. "Dynamic Models of Labour Demand." Chapter 9 in Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564.

Amazon logo Varian, Hal. Microeconomic Analysis. 3rd ed. New York, NY: Norton, 1992. ISBN: 0393957357.

Card, David. "Unexpected Inflation, Real Wages, and Employment Determination in Union Contracts." American Economic Review 80, no. 4 (September 1990): 669-688.

Angrist, Joshua. "Short-Run Demand for Palestinian Labor." Journal of Labor Economics 14, no. 3 (July 1996): 425-453.

Card, David. "The Impact of the Mariel Boatlift on the Miami Labor Market." Industrial and Labor Relations Review 43, no. 2 (January 1990): 245-257.

Angrist, Joshua, and Adriana Kugler. "Protective or Counter-Productive? Labor Market Institutions and the Effect of Immigration on EU Natives." Economic Journal 113, no. 488 (June 2003): F302-F331.

Borjas, George. "The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market." Quarterly Journal of Economics 118, no. 4 (November 2003): 1335-1374.

Cortes, Patricia. "The Effect of Low-Skilled Immigration on Prices: Evidence from CPI Data." MIT Department of Economics, mimeo, November 2005.

B. Minimum Wages

Amazon logo Brown, Charles. "Minimum Wages, Employment, and the Distribution of Income." Chapter 32 in Handbook of Labor Economics. Vol. 3B. Amsterdam, Netherlands: North-Holland, 1999. ISBN: 0444501886.

Amazon logo Card, David, and Alan Krueger. Myth and Measurement: The New Economics of the Minimum Wage. Princeton, NJ: Princeton University Press, 1995. ISBN: 0691048231.

———. "Minimum Wages and Employment: A Case Study of the Fast-food Industry in New Jersey." American Economic Review 84, no. 4 (September 1994): 772-793.

Dickens, Richard, Stephen Machin, and Alan Manning. "The Effects of Minimum Wages on Employment: Theory and Evidence From Britain." Journal of Labor Economics 17, no. 1 (January 1999): 1-22.

Kennan, John. "The Elusive Effects of Minimum Wages." Journal of Economic Literature 33, no. 4 (December 1995): 1949-1965.

Amazon logo Manning, Alan. Monopsony in Motion: Imperfect Competition in Labor Markets. Princeton, NJ: Princeton University Press, 2003. ISBN: 0691123284.

C. Unions

Amazon logo Freeman, Richard, and James Medoff. What Do Unions Do? New York, NY: Basic Books, 1985. ISBN: 0465091326.

Amazon logo Lewis, H. Gregg. Union Relative Wage Effects: A Survey. Chicago, IL: University of Chicago Press, 1986. ISBN: 0226477215.

Amazon logo Farber, Henry. "The Analysis of Union Behavior." In Handbook of Labor Economics. Vol. 2. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878572.

Jakubson, George. "Estimation and Testing of the Union Wage Effect Using Panel Data." Review of Economic Studies 58, no. 5 (1991): 971-991.

Brown, James, and Orley Ashenfelter. "Testing the Efficiency of Employment Contracts." Journal of Political Economy 94, no. 3 (June 1986): S40-S87.

DiNardo, John, and David Lee. "Economic Impacts of New Unionization on Private Sector Employers: 1984-2001." Quarterly Journal of Economics 119, no. 4 (November 2004): 1383-1442.

IV. Human Capital, Education, and Training
A. Schooling, Experience, and Earnings

Amazon logo Mincer, Jacob. Schooling, Experience, and Earnings. New York, NY: NBER, 1974. ISBN: 0870142658.

Amazon logo Becker, Gary. Human Capital. 3rd ed. Chicago, IL: University of Chicago Press, 1993. ISBN: 0226041204.

Amazon logo Willis, Robert J. "Wage Determinants." Chapter 10 in The Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564.

Willis, Robert J., and Sherwin Rosen. "Education and Self-Selection." Journal of Political Economy 87, no. 5, part 2 (October 1979): S7-S36.

Amazon logo Freeman, Richard. "Demand for Education." Chapter 6 in The Handbook of Labor Economics. Vol 1. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564.

Griliches, Zvi. "Estimating the Returns to Schooling: Some Econometric Problems." Econometrica 45, no. 1 (January 1977): 1-22.

Griliches, Zvi, and William Mason. "Education, Income and Ability." Journal of Political Economy 80, no. 3, part 2 (May-June 1972): S74-S103.

Angrist, Joshua, and Alan Krueger. "Does Compulsory Schooling Attendance Affect Schooling and Earnings?" Quarterly Journal of Economics 106, no. 4 (November 1991): 979-1014.

Card, David. "Earnings, Schooling, and Ability Revisited." In Research in Labor Economics 14 (1995): 23-48.

Amazon logo ———. "The Causal Effect of Education on Earnings." Chapter 30 in The Handbook of Labor Economics. Vol. 3A. Amsterdam, Netherlands: North-Holland, 1999. ISBN: 0444501878.

Freeman, Richard. "Overinvestment in College Training." Journal of Human Resources 10, no. 3 (Summer 1975): 287-311.

Angrist, Joshua. "Lifetime Earnings and the Vietnam Era Draft Lottery: Evidence from Social Security Administrative Records." American Economic Review 80, no. 3 (June 1990): 313-336.

Angrist, Joshua, and Daron Acemoglu. "How Large are the Social Returns to Education? Evidence From Compulsory Attendance Laws." NBER Macro Annual 15 (2000).

Angrist, Joshua. "The Economic Returns to Schooling in the West Bank and Gaza Strip." American Economic Review 85, no. 5 (December 1995): 1065-1087.

Card, David, and Alan Krueger. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States." Journal of Political Economy 100, no. 1 (February 1992): 1-40.

Altonji, Joseph, and Robert Shakotko. "Do Wages Rise with Job Seniority?" Review of Economic Studies 54, no. 3 (July 1987): 437-459.

Topel, Robert. "Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority." Journal of Political Economy 99, no. 1 (February 1991): 145-176.

Altonji, Joseph, and Nicolas Williams. "Do Wages Rise with Job Seniority? A Reassessment." Industrial and Labor Relations Review 58, no. 3 (April 2005): 370-397.

Jacobson, Louis, Robert LaLonde, and Daniel Sullivan. "Earnings Losses of Displaced Workers." American Economic Review 83, no. 4 (September 1993): 685-709.

von Wachter, T., and S. Bender. "In the Right Place at the Wrong Time: The Role of Firms and Luck in Young Worker's Careers." American Economic Review 96, no. 5 (December 2006): 1679-1705.

B. Training Evaluations

Amazon logo Angrist, Joshua, and Alan Krueger. "Empirical Strategies in Labor Economics." Chapter 23 in The Handbook of Labor Economics. Vol. 3A. Amsterdam, Netherlands: North-Holland, 1999. ISBN: 0444501878.

Ashenfelter, Orley. "Estimating the Effect of Training Programs on Earnings." Review of Economics and Statistics 60, no. 1 (February 1978): 47-57.

Ashenfelter, Orley, and David Card. "Using the Longitudinal Structure of Earnings to Estimate the Effect of Training Programs on Earnings." Review of Economics and Statistics 67, no. 4 (November 1985): 648-660.

Card, David, and Daniel Sullivan. "Measuring the Effect of Subsidized Training on Movements In and Out of Employment." Econometrica 56, no. 3 (May 1988): 497-530.

LaLonde, Robert. "Evaluating the Econometric Evaluations of Training Programs with Experimental Data." American Economic Review 76, no. 4 (September 1986): 604-620.

Heckman, James, and V. Joseph Hotz. "Choosing Among Alternative Nonexperimental Methods for Estimating the Impact of Social programs: The Case of Manpower Training." Journal of the American Statistical Association 84, no. 408 (December 1989): 862-874.

Dehejia, Rajeev, and Sadek Wahba. "Causal Effects in Non-experimental Studies: Re-evaluating the Evaluation of Training Programs." Journal of the American Statistical Association 94, no. 448 (December 1999): 1053-1062.

Amazon logo Orr, Larry L., Howard S. Bloom, Stephen H. Bell, Fred Doolittle, Winston Lin, and George Cave. Does Training for the Disadvantaged Work? Washington, DC: The Urban Institute, 1996. ISBN: 0877666474.

Burghardt, John, et al. "Does Job Corps Work? Summary of the National Job Corps Study." Princeton, NJ, Mathematica Policy Research, Inc., June 2001. (PDF)#

Smith, Jeffrey, and Petra Todd. "Reconciling Conflicting Evidence on the Performance of Propensity Score Matching Methods." American Economic Review 91, no. 2 (May 2001): 112-118.

———. "Does Matching Overcome Lalonde's Critique of Nonexperimental Estimators?" Journal of Econometrics 125, nos. 1-2 (March-April 2005): 305-353.

Dehejia, Rajeev. "Practical Propensity Score Matching: A Reply to Smith and Todd." Journal of Econometrics 125 (March-April 2005): 355-364.

Smith, Jeffrey, and Petra Todd. "Rejoinder." Journal of Econometrics 125 (March-April 2005): 365-375.

Angrist, Joshua. "Estimating the Labor Market Impact of Voluntary Military Service Using Social Security Data on Military Applicants." Econometrica 66, no. 2 (March 1998): 249-288.

C. School Inputs, Incentives and Peer Effects

Angrist, Joshua, and Victor Lavy. "Using Maimonides' Rule to Estimate the Effect of Class Size on Scholastic Achievement." Quarterly Journal of Economics 114, no. 2 (May 1999): 533-575.

Krueger, Alan. "Experimental Estimates of Education Production Functions." Quarterly Journal of Economics 114, no. 2 (May 1999): 497-532.

Angrist, Joshua, and Jonathan Guryan. "Does Teacher Testing Raise Teacher Quality? Evidence from State Certification Requirements." NBER Working Paper No. 9545, March 2003.

Angrist, Joshua, and Victor Lavy. "The Effect of High School Matriculation Awards: Evidence from Randomized Trials." NBER Working Paper No. 9389, December 2002.

Angrist, Joshua, Eric Bettinger, Erik Bloom, Elizabeth King, and Michael Kremer. "Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment." American Economic Review 92, no. 5 (December 2002): 1535-1558.

Angrist, Joshua, Eric Bettinger, and Michael Kremer. "Long-Term Consequences of Secondary School Vouchers: Evidence from Administrative Records in Colombia." American Economic Review 96, no. 3 (2005): 847-862. Also, NBER Working Paper No. 10713.

Angrist, Joshua, and Kevin Lang. "Does School Integration Generate Peer Effects? Evidence from Boston's Metco Program." American Economic Review 94, no. 5 (December 2004): 1613-1634.

Gould, Eric, Victor Lavy, and M. Daniele Paserman. "Does Immigration Affect the Long-term Educational Outcomes of Natives? Quasi-Experimental Evidence." Hebrew University Department of Economics, mimeo, November 2005.

D. Other Human Capital and Schooling Topics

Bleakley, Hoyt, and Aimee Chin. "Language Skills and Earnings: Evidence from Childhood Immigrants." Review of Economics and Statistics 86, no. 2 (May 2004): 481-496.

Angrist, Joshua, and Victor Lavy. "The Effect of a Change in Language of Instruction on the Returns to Schooling in Morocco." Journal of Labor Economics 15 (January 1997): S48-S76.

Angrist, Joshua, Aimee Chin, and Ricardo Godoy. "Is Spanish-Only Schooling Responsible for the Puerto Rican Language Gap?" NBER Working Paper No. 12005, February 2006. (forthcoming in Journal of Development Economics.)

Angrist, Joshua, and Victor Lavy. "New Evidence on Classroom Computers and Pupil Learning." Economic Journal 112, no. 482 (October 2002): 735-765.

E. The Signaling Model of Schooling

Spence, Michael. "Job Market Signalling." Quarterly Journal of Economics 87, no. 3 (August 1973): 355-374.

Amazon logo Gibbons, Robert. Game Theory for Applied Economists. Reprint ed. Princeton, NJ: Princeton University Press, 1992, section 4.2.B. ISBN: 0691003955.

Weiss, Andrew. "Human Capital versus Signalling Explanations of Wages." Journal of Economic Perspectives 9, no. 4 (Fall 1995): 133-154.

Layard, Richard, and George Psacharopoulos. "The Screening Hypothesis and the Returns to Education." Journal of Political Economy 82, no. 5 (September/October 1974): 985-998.

Lang, Kevin, and David Kropp. "Human Capital versus Sorting: The Effects of Compulsory Attendance Laws." Quarterly Journal of Economics 101, no. 3 (August 1986): 609-624.

Riley, John. "Testing the Educational Screening Hypothesis." Journal of Political Economy 87, no. 5, part 2 (October 1979): S227-S252.

Tyler, John, Richard Murnane, and John Willett. "Estimating the Labor Market Signaling Value of the GED." Quarterly Journal of Economics 115, no. 2 (May 2000): 431-468.

Bedard, Kelly. "Human Capital versus Signalling Models: University Access and High School Dropouts." Journal of Political Economy 109, no. 4 (August 2001): 749-775.

F. On-the-job Training

Acemoglu, Daron, and Jörn-Steffen Pischke. "Why Do Firms Train." Quarterly Journal of Economics 113, no. 1 (February 1998): 78-118.

———. "The Structure of Wages and Investment in General Training." Journal of Political Economy 107, no. 3 (June 1999): 539-572.

———. "Beyond Becker: Training in Imperfect Labor Markets." Economic Journal 109, no. 453 (February 1999): F112-142.

Autor, David. "Why do Temporary Help Firms Provide Free General Skills Training?" Quarterly Journal of Economics 116, no. 4 (November 2001): 1409-1448.

Acemoglu, Daron, and Jörn-Steffen Pischke. "Minimum Wages and On-the-job Training." Research in Labor Economics 22 (2003): 159-202.

Pischke, Jörn-Steffen. "Continuous Training in Germany." Journal of Population Economics 14, no. 3 (September 2001): 523-548.

———. "Comments on 'Workplace Training in Europe' by Bassanini, et al." mimeographed, 2005.

Prendergast, Canice. "The Role of Promotion in Inducing Specific Human Capital Acquisition." Quarterly Journal of Economics 108, no. 2 (May 1993): 523-534.

Lazear, Edward. "Firm-Specific Human Capital: A Skill-Weights Approach." NBER Working Paper No. 9679, May 2003.

V. Labor Demand and Related Topics
A. Labor Demand

Amazon logo Hammermesh, Daniel. "The Demand for Labor in the Long Run." Chapter 8 in The Handbook of Labor Economics. Vol. 1. Amsterdam, Netherlands: North-Holland, 1986. ISBN: 0444878564.

Amazon logo Cahuc, Pierre, and André Zylberberg. Labor Economics. Cambridge, MA: MIT Press, 2004, chapter 7, section 3.1 and 3.2. ISBN: 026203316X.

Card, David. "Unexpected Inflation, Real Wages, and Employment Determination in Union Contracts." American Economic Review 80, no. 4 (September 1990): 669-688.

Anderson, Patricia. "Linear Adjustment Costs and Seasonal Labor Demand: Evidence from Retail Trade Firms." Quarterly Journal of Economics 108, no. 4 (November 1993): 1015-1042.

B. Monopsony

Boal, William, and Michael Ransom. "Monopsony in the Labor Market." Journal of Economic Literature 35 (March 1997): 86-112.

Sullivan, Daniel. "Monopsony Power in the Market for Nurses." Journal of Law and Economics 32 (October 1989): S135-S178.

Staiger, Douglas, Joanne Spetz, and Ciaran Phibbs. "Is There Monopsony in the Labor Market? Evidence from a Natural Experiment." NBER Working Paper No. 7258, July 1999.

Amazon logo Manning, Alan. Monopsony in Motion: Imperfect Competition in Labor Markets. Princeton, NJ: Princeton University Press, 2003, chapter 4. ISBN: 0691113122.

C. Minimum Wages

Amazon logo Brown, Charles. "Economics of the Minimum Wage." Chapter 32 in The Handbook of Labor Economics. Vol. 3A. Amsterdam, Netherlands: North-Holland, 1999. ISBN: 0444501878.

Amazon logo Card, David, and Alan Krueger. Myth and Measurement: The New Economics of the Minimum Wage. Princeton, NJ: Princeton University Press, 1995. ISBN: 0691048231.

Card, David. "Using Regional Variation to Measure the Effect of the Federal Minimum Wage." Industrial and Labor Relations Review 46, no. 1 (October 1992): 22-37.

Neumark, David, and William Washer. "Employment Effects of Minimum and Subminimum Wages: Panel Data on State Minimum Wage Laws." Industrial and Labor Relations Review 46, no. 1 (October 1992): 55-81.

Card, David, Lawrence Katz, and Alan Krueger. "Comment on D. Neumark and W. Washer, Employment Effects of Minimum and Subminimum Wages: Panel Data on State Minimum Wage Laws." Industrial and Labor Relations Review 47, no. 3 (April 1994): 487-496.

Neumark, David, and Willaim Washer. "Employment Effects of Minimum and Subminimum Wages: Panel Data on State Minimum Wage Laws, Reply." Industrial and Labor Relations Review 47, no. 3 (April 1994): 497-512.

Card, David, and Alan Krueger. "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania." American Economic Review 84, no. 4 (September 1994): 772-793.

Baker, Michael, Dwayne Benjamin, and Shuchita Stanger. "The Highs and Lows of the Minimum Wage Effect: A Time-Series Cross-Section Study of the Canadian Law." Journal of Labor Economics 17, no. 2 (April 1999): 318-350.

VI. Turnover, Matching, Learning, and the Returns to Tenure

Hall, Robert. "The Importance of Lifetime Jobs in the U.S. Economy." American Economic Review 72, no. 4 (September 1982): 716-724.

Stevens, Ann Huff. "The More Things Change, The More They Stay the Same: Trends in Long-term Employment in the United States, 1969-2002." NBER Working Paper No. 11878, December 2005.

Amazon logo Farber, Henry. "Mobility and Stability: The Dynamics of Job Change in Labor Markets." Chapter 37 in The Handbook of Labor Economics. Vol. 3B. Amsterdam, Netherlands: North-Holland, 1999. ISBN: 0444501886.

Jovanovic, Boyan. "Job Matching and the Theory of Turnover." Journal of Political Economy 87, no. 5 (October 1979): 972-990.

———. "Firm Specific Capital and Turnover." Journal of Political Economy 87, no. 6 (December 1979): 1246-1260.

Lazear, Edward. "Job Security Provisions and Employment." Quarterly Journal of Economics 105, no. 3 (August 1990): 699-726.

Altonji, Joseph, and Robert Shakotko. "Do Wages Rise With Seniority?" Review of Economic Studies 54, no. 3 (July 1987): 437-459.

Abraham, Katharine, and Henry Farber. "Job Duration, Seniority, and Earnings." American Economic Review 77, no. 3 (June 1987): 278-297.

Topel, Robert. "Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority." Journal of Political Economy 99, no. 1 (February 1991): 145-176.

Altonji, Joseph, and Nicolas Williams. "Do Wages Rise with Job Seniority? A Reassessment." Industrial and Labor Relations Review 58, no. 3 (April 2005): 370-397.

Topel, Robert, and Michael Ward. "Job Mobility and the Careers of Young Men." Quarterly Journal of Economics 107, no. 2 (May 1992): 439-479.

Jacobson, Louis, Robert LaLonde, and Daniel Sullivan. "Earnings Losses of Displaced Workers." American Economic Review 83, no. 4 (September 1993): 685-709.

Harris, Milton, and Bengt Holmström. "A Theory of Wage Dynamics." Review of Economic Studies 49, no. 3 (July 1982): 315-333.

Chiappori, Pierre-Andre, Bernard Salanie, and Julie Valentin. "Early Starters Versus Late Beginners." Journal of Political Economy 107, no. 4 (August 1999): 731-760.

Farber, Henry, and Robert Gibbons. "Learning and Wage Dynamics." Quarterly Journal of Economics 111, no. 4 (November 1996): 1007-1047.

Beaudry, Paul, and John DiNardo. "The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from Micro Data." Journal of Political Economy 99, no. 4 (August 1991): 665-688.

Matching and Wage Growth (PDF)


 








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