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LABOR ECONOMICS
This unique four volume set contains the most influential papers in labour economics. The collection is comprehensive and contains the most important theoretical and empirical contributions for understanding the economics of labour. They are a must for researchers, lecturers and students interested in studying the fundamental papers in the field.
More Information
Critical Acclaim
Contributors
Contents
More Information
This unique four volume set contains the most influential papers in labour economics. The collection is comprehensive and contains the most important theoretical and empirical contributions for understanding the economics of labour. They are a must for researchers, lecturers and students interested in studying the fundamental papers in the field.
Critical Acclaim
‘. . . the editors did a fine job in selecting important and influential papers.’
– Joachim Wagner, Kyklos
– Joachim Wagner, Kyklos
Contributors
Contributors include: J.M. Abowd, K.G. Abraham, D.J. Aigner, J.G. Altonji, J.D. Angrist, K.J. Arrow, G.S. Becker, Y. Ben-Porath, B.R. Bergmann, G. J. Borjas, C. Brown, J.N. Brown, K. Burdett, G.G. Cain, D. Card, B.R. Chiswick, J. Currie R.G. Ehrenberg, C. Gilroy, Z. Griliches, R. Gronau, H. S. Farber, R.B. Freeman, R.E. Hall, J.C. Ham, D.S. Hamermesh, J. Heckman, B. Holmstrom, G.E. Johnson, B. Jovanovic, L. Katz, N.M. Kiefer, A. Kohen, A.B. Krueger, T. Lancaster, E.P. Lazear, J.S. Leonard, T.E. MaCurdy, S. McConnell, J.M. McDonald, J.L. Medoff, J. Mincer, D.T. Mortensen, T.A. Mroz, K.M. Murphy, K.J. Murphy, G.R. Neumann, R.L. Oaxaca, W.Y. Oi, J.H. Pencavel, A. Rees, J. Roback, S. Rosen, T.J. Sargent R.A. Shakotko, C. Shapiro, G. Solon, R. M. Solow, J.P. Smith, R.S. Smith, M.A. Spence, G.J. Stigler, J.E. Stiglitz, L.H. Summers, R. H. Topel, F.R. Welch, R.J. Willis
Contents
VOLUME ONE
ACKNOWLEDGEMENTS
PART I
WAGE DETERMINATION
1. Jacob Mincer (1958), ‘Investment in Human Capital and Personal Income Distribution’
2. Yoram Ben-Porath (1967), ‘The Production of Human Capital and the Life Cycle of Earnings’
3. Gary S. Becker and George J. Stigler (1974), ‘Law Enforcement, Malfeasance, and Compensation of Enforcers’
4. Michael Spence (1973), ‘Job Market Signaling’
5. James J. Heckman (1976), ‘A Life-Cycle Model of Earnings, Learning, and Consumption’
6. Edward P. Lazear (1981), ‘Agency, Earnings Profiles, Productivity, and Hours Restrictions’
7. James K. Medoff and Katharine G. Abraham (1980), ‘Experience, Performance, and Earnings’
8. Alan B. Krueger and Lawrence H. Summers (1988), ‘Efficiency Wages and the Inter-Industry Wage Structure’
9. Joshua D. Angrist (1990), ‘Lifetime Earnings and the Vietnam Era Draft Lottery: Evidence from Social Security Administrative Records’
10. Orley Ashenfelter (1978), ‘Estimating the Effect of Training Programs on Earnings’
PART II
ECONOMICS OF EDUCATION
11. Robert J. Willis and Sherwin Rosen (1979), ‘Education and Self-Selection’
12. Thomas E. MaCurdy and John H. Pencavel (1986), ‘Testing between Competing Models of Wage and Employment Determination in Unionized Markets’
13. James N. Brown and Orley Ashenfelter (1986), ‘Testing the Efficiency of Employment Contracts’
14. George E. Johnson (1970), ‘The Demand for Labor by Educational Category’
15. Sherwin Rosen (1968), ‘Short-run Employment Variation on Class-I Railroads in the U.S., 1947-1963’
16. Lawrence F. Katz and Kevn M. Murphy (1992), ‘Changes in Relative Wages, 1963-1987: Supply and Demands Factors’
17. Daniel S. Hamermesh (1989), ‘Labor Demand and the Structure of Adjustment Costs’
18. Charles Brown, Curtis Gilroy and Andrew Kohen (1982), ‘The Effect of the Minimum Wage on Employment and Unemployment’
19. David Card (1992), ‘Using REGIONAL VARIATION in Wages to Measure the Effects of the Federal Minimum Wage’
VOLUME 2
ACKNOWLEDGEMENTS
PART I
UNEMPLOYMENT
1. Dale T. Mortensen (1977), ‘Unemployment Insurance and Job Search Decisions’
2. Tony Lancaster (1979), ‘Econometric Methods for the Duration o Unemployment’
3. Ronald G. Ehrenberg and Ronald L. Oaxaca (1976), ‘Unemployment Insurance, Duration of Unemployment, and Subsequent Wage Gain’
4. Robert H. Topel (1983), ‘On Layoffs and Unemployment Insurance’
5. Gary Solon (1985), ‘Work Incentive Effects of Taxing Unemployment Benefits’
6. Orley Ashenfelter (1980), ‘Unemployment as Disequilibrium in a Model of Aggregate Labor Supply’
7. Carl Shapiro and Joseph E. Stiglitz (1984), ‘Equilibrium Unemployment as a Worker Discipline Device’
PART II
JOB SEARCH, TURNOVER AND MOBILITY
8. Dale T. Mortensen (1970), ‘Job Search, the Duration of Unemployment, and the Phillips Curve’
9. Boyan Jovanovic (1979), ‘Job Matching and the Theory of Turnover’
10. Kenneth Burdett (1978), ‘A Theory of Employee Job Search and Quit Rates’
11. Robert E. Hall and Edward P. Lazear (1984), ‘The Excess Sensitivity of Layoffs and Quits to Demand’
12. Zvi Griliches (1977), ‘Estimating the Returns to Schooling: Some Econometric Problems’
13. David Card and Alan B. Krueger (1992), ‘Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States’
14. Orley Ashenfelter and John Ham (1979), ‘Education, Unemployment, and Earnings’
15. Joshua D. Angrist and Alan B. Krueger (1991), ‘Does Compulsory School Attendance Affect Schooling and Earnings?’
PART III
EMPLOYMENT RELATIONSHIPS AND CONTRACTS
16. Edward P. Lazear (1979), ‘Why Is There Mandatory Retirement?’
17. Bengt Holmstrom (1982), ‘Moral Hazard in Teams’
18. Edward P. Lazear and Sherwin Rosen (1981), ‘Rank-Order Tournaments as Optimum Labor Contracts’
19. Kevn J. Murphy (1985), ‘Corporate Performance and Managerial Remuneration: An Empirical Analysis’
20. James N. Brown (1989), ‘Why Do Wages Increase with Tenure? On-the-Job Training and Life-Cycle Wage Growth Observed Within Firms’
VOLUME 3
ACKNOWLEDGEMENTS
PART I
DISCRIMINATION AND THE BLACK-WHITE WAGE CAP
1. Kenneth J. Arrow (1973), ‘The Theory of Discrimination’
2. Dennis J. Aigner and Glen G. Cain (1977), ‘Statistical Theories of Discrimination in Labor Markets’
3. Barbara R. Bergmann (1971), ‘The Effect on White Incomes of Discrimination in Employment’
4. Orley Ashenfelter (1972), ‘Racial Discrimination and Trade Unionism’
5. Ronald Oaxaca (1973), ‘Male-Female Wage Differentials in Urban Labor Markers’
6. Jonathan S. Leonard (1984), ‘The Impact of Affirmative Action on Employment’
7. James P. Smith and Finis R. Welch (1989), ‘Black Economic Progress After Myrdal’
PART II
COMPENSATING WAGE DIFFERENTIALS
8. Sherwin Rosen (1974), ‘Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition’
9. John M. Abowd and Orley Ashenfelter (1981), ‘Anticipated Unemployment, Temporary Layoffs, and Compensating Wage Differentials’
10. Robert S. Smith (1979), ‘Compensating Wage Differentials and Public Policy: A Review’
12. Nicholas M. Kiefer and George R. Neumann (1979), ‘An Empirical Job-Search Model, with a Test of the Constant Reservation-Wage Hypothesis’
13. Katharine G. Abraham and Henry S. Farber (1987), ‘Job Duration, Seniority, and Earnings’
14. Joseph G. Altonji and Robert A. Shakotko (1987), ‘Do Wages Rise with Job Seniority?’
PART III
UNIONS, ARBITRATION AND THE RESOLUTION OF DISPUTES
15. Albert Rees (1963), ‘The Effects of Unions on Resource Allocation’
16. Richard B. Freeman (1980), ‘The Exit-Voice Tradeoff in the Labor Marker: Unionism, Job Tenure, Quits, and Separations’
17. Orley Ashenfelter and George E. Johnson (1969), ‘Bargaining Theory, Trade Unions, and Industrial Strike Activity’
18. David Card (1990), ‘Strikes and Wages: A Test of an Asymmetric Information Model’
19. Henry S. Farber (1978), ‘Individual Preferences and Union Wage Determination: The Case of the United Mine Workers’
20. Henry S. Farber (1983), ‘The Determination of the Union Status of Workers’
21. Richard B. Freeman (1984), ‘Longitudinal Analyses of the Effects of Trade Unions’
22. John M. Abowd (1989), ‘The Effect of Wage Bargains on the Stock Market Value of the Firm’
23. Ian M. McDonald and Robert M. Solow (1981), ‘Wage Bargaining and Employment’
24. George E. Johnson (1990), ‘Work Rules, Featherbedding, and Pareto-optimal Union-Management Bargaining’
25. Janet Currie and Sheena McConnell (1991), ‘Collective Bargaining in the Public Sector: The Effect of Legal Structure on Dispute Costs and Wages’
VOLUME 4
PART I
LABOR SUPPLY
1. Orley Ashenfelter and James Heckman (1974), ‘The Estimation of Income and Substitution Effects in a Model of Family Labor Supply’
2. James Heckman (1974), ‘Shadow Prices, Market Wages, and Labor Supply’
3. Reuben Gronau (1977), ‘Leisure, Home Production, ad Work - the Theory of the Allocation of Time Revisited’
4. Thomas E. MaCurdy (1981), ‘An Empirical Model of Labor Supply in a Life-Cycle Setting’
5. Joseph G. Altonji (1986), ‘Intertemporal Substitution in Labor Supply: Evidence from Micro Data’
6. Orley Ashenfelter (1983), ‘Determining Participation in Income-Tested Social Programs’
7. John C. Ham (1986), ‘Testing whether Unemployment Represents Intertemporal Labour Supply Behaviour’
8. Thomas A. Mroz (1987), ‘The Sensitivity of an Empirical Model of Married Women’s Hours of Work to Economic and Statistical Assumptions’
PART II
LABOR DEMAND
9. Walter Y. Oi (1962), ‘Labor as a Quasi-Fixed Factor’
10. Thomas J. Sargent (1978), ‘Estimation of Dynamic Labor Demand Schedules under Rational Expectations’
11. David Card (1990), ‘Unexpected Inflation, Real Wages, and Employment Determination in Union Contracts’
11. Charles Brown (1980), ‘Equalizing Differences in the Labor Market’
12. Jennifer Roback (1982), ‘Wages, Rents, and the Quality of Life’
PART III
MIGRATION
13. Jacob Mincer (1978), ‘Family Migration Decisions’
14. George J. Borjas (1985), ‘Assimilation, Changes in Cohort Quality, and the Earnings of Immigrants’
15. George J. Borjas (1987), ‘Self-Selection and the Earnings of Immigrants’
16. Barry R. Chiswick (1978), ‘The Effect of Americanization on the Earnings of Foreign-born Men’
ACKNOWLEDGEMENTS
PART I
WAGE DETERMINATION
1. Jacob Mincer (1958), ‘Investment in Human Capital and Personal Income Distribution’
2. Yoram Ben-Porath (1967), ‘The Production of Human Capital and the Life Cycle of Earnings’
3. Gary S. Becker and George J. Stigler (1974), ‘Law Enforcement, Malfeasance, and Compensation of Enforcers’
4. Michael Spence (1973), ‘Job Market Signaling’
5. James J. Heckman (1976), ‘A Life-Cycle Model of Earnings, Learning, and Consumption’
6. Edward P. Lazear (1981), ‘Agency, Earnings Profiles, Productivity, and Hours Restrictions’
7. James K. Medoff and Katharine G. Abraham (1980), ‘Experience, Performance, and Earnings’
8. Alan B. Krueger and Lawrence H. Summers (1988), ‘Efficiency Wages and the Inter-Industry Wage Structure’
9. Joshua D. Angrist (1990), ‘Lifetime Earnings and the Vietnam Era Draft Lottery: Evidence from Social Security Administrative Records’
10. Orley Ashenfelter (1978), ‘Estimating the Effect of Training Programs on Earnings’
PART II
ECONOMICS OF EDUCATION
11. Robert J. Willis and Sherwin Rosen (1979), ‘Education and Self-Selection’
12. Thomas E. MaCurdy and John H. Pencavel (1986), ‘Testing between Competing Models of Wage and Employment Determination in Unionized Markets’
13. James N. Brown and Orley Ashenfelter (1986), ‘Testing the Efficiency of Employment Contracts’
14. George E. Johnson (1970), ‘The Demand for Labor by Educational Category’
15. Sherwin Rosen (1968), ‘Short-run Employment Variation on Class-I Railroads in the U.S., 1947-1963’
16. Lawrence F. Katz and Kevn M. Murphy (1992), ‘Changes in Relative Wages, 1963-1987: Supply and Demands Factors’
17. Daniel S. Hamermesh (1989), ‘Labor Demand and the Structure of Adjustment Costs’
18. Charles Brown, Curtis Gilroy and Andrew Kohen (1982), ‘The Effect of the Minimum Wage on Employment and Unemployment’
19. David Card (1992), ‘Using REGIONAL VARIATION in Wages to Measure the Effects of the Federal Minimum Wage’
VOLUME 2
ACKNOWLEDGEMENTS
PART I
UNEMPLOYMENT
1. Dale T. Mortensen (1977), ‘Unemployment Insurance and Job Search Decisions’
2. Tony Lancaster (1979), ‘Econometric Methods for the Duration o Unemployment’
3. Ronald G. Ehrenberg and Ronald L. Oaxaca (1976), ‘Unemployment Insurance, Duration of Unemployment, and Subsequent Wage Gain’
4. Robert H. Topel (1983), ‘On Layoffs and Unemployment Insurance’
5. Gary Solon (1985), ‘Work Incentive Effects of Taxing Unemployment Benefits’
6. Orley Ashenfelter (1980), ‘Unemployment as Disequilibrium in a Model of Aggregate Labor Supply’
7. Carl Shapiro and Joseph E. Stiglitz (1984), ‘Equilibrium Unemployment as a Worker Discipline Device’
PART II
JOB SEARCH, TURNOVER AND MOBILITY
8. Dale T. Mortensen (1970), ‘Job Search, the Duration of Unemployment, and the Phillips Curve’
9. Boyan Jovanovic (1979), ‘Job Matching and the Theory of Turnover’
10. Kenneth Burdett (1978), ‘A Theory of Employee Job Search and Quit Rates’
11. Robert E. Hall and Edward P. Lazear (1984), ‘The Excess Sensitivity of Layoffs and Quits to Demand’
12. Zvi Griliches (1977), ‘Estimating the Returns to Schooling: Some Econometric Problems’
13. David Card and Alan B. Krueger (1992), ‘Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States’
14. Orley Ashenfelter and John Ham (1979), ‘Education, Unemployment, and Earnings’
15. Joshua D. Angrist and Alan B. Krueger (1991), ‘Does Compulsory School Attendance Affect Schooling and Earnings?’
PART III
EMPLOYMENT RELATIONSHIPS AND CONTRACTS
16. Edward P. Lazear (1979), ‘Why Is There Mandatory Retirement?’
17. Bengt Holmstrom (1982), ‘Moral Hazard in Teams’
18. Edward P. Lazear and Sherwin Rosen (1981), ‘Rank-Order Tournaments as Optimum Labor Contracts’
19. Kevn J. Murphy (1985), ‘Corporate Performance and Managerial Remuneration: An Empirical Analysis’
20. James N. Brown (1989), ‘Why Do Wages Increase with Tenure? On-the-Job Training and Life-Cycle Wage Growth Observed Within Firms’
VOLUME 3
ACKNOWLEDGEMENTS
PART I
DISCRIMINATION AND THE BLACK-WHITE WAGE CAP
1. Kenneth J. Arrow (1973), ‘The Theory of Discrimination’
2. Dennis J. Aigner and Glen G. Cain (1977), ‘Statistical Theories of Discrimination in Labor Markets’
3. Barbara R. Bergmann (1971), ‘The Effect on White Incomes of Discrimination in Employment’
4. Orley Ashenfelter (1972), ‘Racial Discrimination and Trade Unionism’
5. Ronald Oaxaca (1973), ‘Male-Female Wage Differentials in Urban Labor Markers’
6. Jonathan S. Leonard (1984), ‘The Impact of Affirmative Action on Employment’
7. James P. Smith and Finis R. Welch (1989), ‘Black Economic Progress After Myrdal’
PART II
COMPENSATING WAGE DIFFERENTIALS
8. Sherwin Rosen (1974), ‘Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition’
9. John M. Abowd and Orley Ashenfelter (1981), ‘Anticipated Unemployment, Temporary Layoffs, and Compensating Wage Differentials’
10. Robert S. Smith (1979), ‘Compensating Wage Differentials and Public Policy: A Review’
12. Nicholas M. Kiefer and George R. Neumann (1979), ‘An Empirical Job-Search Model, with a Test of the Constant Reservation-Wage Hypothesis’
13. Katharine G. Abraham and Henry S. Farber (1987), ‘Job Duration, Seniority, and Earnings’
14. Joseph G. Altonji and Robert A. Shakotko (1987), ‘Do Wages Rise with Job Seniority?’
PART III
UNIONS, ARBITRATION AND THE RESOLUTION OF DISPUTES
15. Albert Rees (1963), ‘The Effects of Unions on Resource Allocation’
16. Richard B. Freeman (1980), ‘The Exit-Voice Tradeoff in the Labor Marker: Unionism, Job Tenure, Quits, and Separations’
17. Orley Ashenfelter and George E. Johnson (1969), ‘Bargaining Theory, Trade Unions, and Industrial Strike Activity’
18. David Card (1990), ‘Strikes and Wages: A Test of an Asymmetric Information Model’
19. Henry S. Farber (1978), ‘Individual Preferences and Union Wage Determination: The Case of the United Mine Workers’
20. Henry S. Farber (1983), ‘The Determination of the Union Status of Workers’
21. Richard B. Freeman (1984), ‘Longitudinal Analyses of the Effects of Trade Unions’
22. John M. Abowd (1989), ‘The Effect of Wage Bargains on the Stock Market Value of the Firm’
23. Ian M. McDonald and Robert M. Solow (1981), ‘Wage Bargaining and Employment’
24. George E. Johnson (1990), ‘Work Rules, Featherbedding, and Pareto-optimal Union-Management Bargaining’
25. Janet Currie and Sheena McConnell (1991), ‘Collective Bargaining in the Public Sector: The Effect of Legal Structure on Dispute Costs and Wages’
VOLUME 4
PART I
LABOR SUPPLY
1. Orley Ashenfelter and James Heckman (1974), ‘The Estimation of Income and Substitution Effects in a Model of Family Labor Supply’
2. James Heckman (1974), ‘Shadow Prices, Market Wages, and Labor Supply’
3. Reuben Gronau (1977), ‘Leisure, Home Production, ad Work - the Theory of the Allocation of Time Revisited’
4. Thomas E. MaCurdy (1981), ‘An Empirical Model of Labor Supply in a Life-Cycle Setting’
5. Joseph G. Altonji (1986), ‘Intertemporal Substitution in Labor Supply: Evidence from Micro Data’
6. Orley Ashenfelter (1983), ‘Determining Participation in Income-Tested Social Programs’
7. John C. Ham (1986), ‘Testing whether Unemployment Represents Intertemporal Labour Supply Behaviour’
8. Thomas A. Mroz (1987), ‘The Sensitivity of an Empirical Model of Married Women’s Hours of Work to Economic and Statistical Assumptions’
PART II
LABOR DEMAND
9. Walter Y. Oi (1962), ‘Labor as a Quasi-Fixed Factor’
10. Thomas J. Sargent (1978), ‘Estimation of Dynamic Labor Demand Schedules under Rational Expectations’
11. David Card (1990), ‘Unexpected Inflation, Real Wages, and Employment Determination in Union Contracts’
11. Charles Brown (1980), ‘Equalizing Differences in the Labor Market’
12. Jennifer Roback (1982), ‘Wages, Rents, and the Quality of Life’
PART III
MIGRATION
13. Jacob Mincer (1978), ‘Family Migration Decisions’
14. George J. Borjas (1985), ‘Assimilation, Changes in Cohort Quality, and the Earnings of Immigrants’
15. George J. Borjas (1987), ‘Self-Selection and the Earnings of Immigrants’
16. Barry R. Chiswick (1978), ‘The Effect of Americanization on the Earnings of Foreign-born Men’
