Chapter 1 Introduction
1.1 An Economic Story of the Labor Market
1.2 The Actors in the Labor Market
1.3 Why Do We Need a Theory?
1.4 The Organization of the Book Appendix: An Introduction to Regression Analysis Chapter 2 Labor Supply
2.1 Measuring the Labor Force
2.2 Basic Facts about Labor Supply
2.3 The Worker’s Preferences
2.4 The Budget Constraint
2.5 The Hours-of-Work Decision
2.6 To Work or Not to Work?
2.7 The Labor Supply Curve
2.8 Estimates of the Labor Supply Elasticity
2.9 Labor Supply of Women
2.10 Policy Application: Welfare Programsand Work Incentives
2.11 Policy Application: The Earned Income Tax Credit Chapter 3 Topics in Labor Supply
3.1 Labor Supply over the Life Cycle
3.2 Labor Supply over the Business Cycle
3.3 Retirement
3.4 Policy Application: The Decline in Work Attachment among Older Workers
3.5 Household Production
3.6 Fertility Chapter 4 Labor Demand
4.1 The Production Function
4.2 The Employment Decision in the Short Run
4.3 The Employment Decision in the Long Run
4.4 The Long-Run Demand Curve for Labor
4.5 The Elasticity of Substitution
4.6 Policy Application: Affirmative Action and Production Costs
4.7 Marshall’s Rules of Derived Demand
4.8 Factor Demand with Many Inputs
4.9 Overview of Labor Market Equilibrium
4.10 Policy Application: The Employment Effects of Minimum Wages
4.11 Adjustment Costs and Labor Demand
4.12 Rosie The Riveter as an Instrumental Variable Chapter 5 Labor Market Equilibrium
5.1 Equilibrium in a Single Competitive Labor Market
5.2 Competitive Equilibrium across Labor Markets
5.3 Policy Application: Payroll Taxes and Subsidies
5.4 Policy Application: Payroll Taxes versus Mandated Benefits
5.5 Policy Application: Immigration
5.6 The Cobweb Model
5.7 Noncompetitive Labor Markets: Monopsony
5.8 Noncompetitive Labor Markets: Monopoly
Chapter 6 Compensating Wage Differentials
6.1 The Market for Risky Jobs
6.2 The Hedonic Wage Function
6.3 Policy Application: How Much Is a Life Worth?
6.4 Policy Application: Safety and Health Regulations
6.5 Compensating Differentials and Job Amenities
6.6 Policy Application: Health Insurance and the Labor Market Chapter 7 Human Capital
7.1 Education in the Labor Market: Some Stylized Facts
7.2 Present Value
7.3 The Schooling Model
7.4 Education and Earnings
7.5 Estimating the Rate of Return to Schooling
7.6 Policy Application: School Construction in Indonesia
7.7 Policy Application: School Quality and Earnings
7.8 Do Workers Maximize Lifetime Earnings?
7.9 Schooling as a Signal
7.10 Postschool Human Capital Investments
7.11 On-the-Job Training
7.12 On-the-Job Training and the Age-Earnings Profile
7.13 Policy Application: Evaluating Government Training Programs Chapter 8 The Wage Structure
8.1 The Earnings Distribution
8.2 Measuring Inequality
8.3 The Wage Structure: Basic Facts 2
8.4 Policy Application: Why Did Wage Inequality Increase?
8.5 The Earnings of Superstars
8.6 Inequality across Generations Chapter 9 Labor Mobility
9.1 Geographic Migration as a Human Capital Investment
9.2 Internal Migration in the United States
9.3 Family Migration 3
9.4 Immigration in the United States
9.5 Immigrant Performance in the U.S. LaborMarket 3
9.6 The Decision to Immigrate
9.7 Policy Application: The Economic Benefits from Immigration
9.8 Job Turnover: Facts
9.9 The Job Match 3
9.10 Specific Training and Job Turnover
9.11 Job Turnover and the Age-Earnings Profile Chapter 10 Labor Market Discrimination
10.1 Race and Gender in the Labor Market
10.2 The Discrimination Coefficient
10.3 Employer Discrimination
10.4 Employee Discrimination
10.5 Customer Discrimination
10.6 Statistical Discrimination
10.7 Measuring Discrimination
10.8 Policy Application: Determinants of the Black-White Wage Ratio
10.9 Policy Application: Determinants of the Female-Male Wage Ratio
10.10 Discrimination Against Other Groups Chapter 11 Labor Unions
11.1 Unions: Background and Facts
11.2 Determinants of Union Membership
11.3 Monopoly Unions
11.4 Policy Application: Unions and ResourceAllocation
11.5 Efficient Bargaining
11.6 Strikes 4
11.7 Union Wage Effects
11.8 The Exit-Voice Hypothesis
11.9 Policy Application: Public-Sector Unions Chapter 12 Incentive Pay
12.1 Piece Rates and Time Rates
12.2 Tournaments
12.3 Policy Application: The Compensation of Executives
12.4 Work Incentives and DelayedCompensation
12.5 Efficiency Wages Chapter 13 Unemployment
13.1 Unemployment in the United States
13.2 Types of Unemployment
13.3 The Steady-State Rate of Unemployment
13.4 Job Search
13.5 Policy Application: Unemployment Compensation
13.6 The Intertemporal Substitution Hypothesis
13.7 The Sectoral Shifts Hypothesis
13.8 Efficiency Wages Revisited
13.9 Implicit Contracts
13.10 Policy Application: The Phillips Curve
13.11 Policy Application: Why Does Europe have High Unemployment?
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