Table of Contents

Part One

1. Introduction to Labor Economics

• 1.1 Tipping Busboys
• 1.2 Labor Economics
• 1.3 Economic Detection
• 1.4 Data
• 1.5 Empirical Methods
• 1.6 For Your Toolbox

2. Labor Markets

• 2.1 Competitive Labor Market
• 2.2 Minimum Wage
• 2.3 Taxes, Subsidies, and Employer Mandates
• 2.4 Multiple Competitive Labor Markets
• 2.5 Monopsony

3. Labor Supply

• 3.1 Motivating Evidence
• 3.2 Hours of Work
• 3.3 Applications
• 3.4 Whether to Work
• 3.5 Family Labor Supply and Home Production
• 3.6 Market Labor Supply

4. Labor Demand

• 4.1 Short-Run Labor Demand
• 4.2 Long-Run Labor Demand
• 4.3 Market Labor Demand

Part Two

5. Job Attributes

• 5.1 Market for Work on Dirty Jobs
• 5.2 Model of Compensating Wage Differentials
• 5.3 Workday and Job Choice
• 5.4 Employee Benefits

6. Schooling

• 6.1 Schooling as an Investment in Human Capital
• 6.2 Estimating the Rate of Return to Schooling
• 6.3 Schooling as a Signal of Ability
• 6.4 Application: Schooling and the Workweek

7. Training, Turnover, and Migration

• 7.1 General Training
• 7.2 Applications
• 7.3 Specific Training
• 7.4 Matching Models of Turnover
• 7.5 Migration

8. Discrimination

• 8.1 Measuring Wage Gaps
• 8.2 Identifying the Effects of Discrimination
• 8.3 Modeling Discrimination
• 8.4 Can Discrimination Survive in the Long Run?
• 8.5 U.S. Anti-Discrimination Policy

9. Unions

• 9.1 Historical Context
• 9.2 Models of Unions
• 9.3 Applications

10. Wage Inequality

• 10.1 Measuring Wage Inequality
• 10.2 Economic Models of Wage Inequality
• 10.3 Application: Increasing Wage Inequality
• 10.4 Technology and Jobs in the Long Run

Part Three

11. Compensation Strategies

• 11.1 Introduction to Compensation
• 11.2 Performance Pay
• 11.3 Efficiency Wage and the Threat of Dismissal
• 11.4 Compensation of Chief Executive Officers

12. Unemployment

• 12.1 Disequilibrium Unemployment
• 12.2 Steady-State Unemployment
• 12.3 Job Search
• 12.4 Applications
• 12.5 Unemployment in the Macroeconomy