Required Text
[Borjas] = Borjas, George J. Labor Economics. 5th ed. Boston, MA: McGraw-Hill/Irwin, 2010. ISBN: 9780073511368.
This edition differs little from the 4th edition, which you may also use, though note changes in chapter and section numbers:
Borjas, George J. Labor Economics. 4th ed. Boston, MA: McGraw-Hill/Irwin, 2008. ISBN: 9780073402826.
Optional and Supplementary Readings
Econometrics
[Angrist and Krueger] = Angrist, Joshua, and Alan Krueger. "Empirical Strategies in Labor Economics." Chapter 23 in The Handbook of Labor Economics. Vol. 3A. Edited by Orley C. Ashenfelter and David Card. San Diego, CA: Elsevier, Inc., 1999, pp. 1277-1366. ISBN: 9780444501875.
For a more advanced and detailed discussion than the Angrist and Krueger handbook chapter:
Angrist, Joshua, and Jörn-Steffen Pischke. Mostly Harmless Econometrics: An Empiricist's Companion. Princeton, NJ: Princeton University Press, 2009. ISBN: 9780691120355.
Microeconomic Theory
For a price theory review:
[Nicholson and Snyder] = Nicholson, Walter, and Christopher Snyder. Microeconomic Theory: Basic Principles and Extensions. 10th ed. Mason, OH: Thomson/South-Western, 2008. ISBN: 9780324585070.
For a relatively advanced text in applied consumer theory, still one of my favorites:
[Deaton and Muellbauer] = Deaton, Angus, and John Muellbauer. Economics and Consumer Behavior. New York, NY: Cambridge University Press, 1980. ISBN: 9780521296762.
Labor Topics
For specialized discussion of family and gender issues (differs little from the 5th edition):
[Blau, et al.] = Blau, Francine D., Marianne A. Ferber, and Anne E. Winkler. The Economics of Women, Men, and Work. 6th ed. Upper Saddle River, NJ: Prentice-Hall, 2009. ISBN: 9780136084259.
[Lang] = Lang, Kevin. Poverty and Discrimination. Princeton, NJ: Princeton University Press, 2007. ISBN: 9780691119540.
Readings by Topic
TOPICS | READINGS |
---|---|
Introduction: facts about employment and earnings; the supply and demand framework |
IntroductionGoldin, Claudia. "Labor Markets in the 20th Century." National Bureau of Economic Research Historical Working Paper No. 58, June 1994. Also available as [Borjas] chapter 1, including the Appendix; chapter 4. Empirical methods: regression and differences-in-differences[Angrist and Krueger] sections 1-2.2.2. [Angrist and Krueger] section 2.4. Application: do immigrants take jobs from natives?Johnson, George E. "The Labor Market Effects of Immigrants." Industrial and Labor Relations Review 33, no. 3 (April 1980): 331-341. 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. |
Labor supply |
Introduction[Borjas] chapter 2. [Nicholson and Snyder] chapters 2-5. (math and microeconomics review) [Deaton and Muellbauer] chapters 1-4 and 11. Application: welfare and earned income tax credit (EITC)
Eissa, Nada, and Jeffrey B. Leibman. "Labor Supply Response to the Earned Income Tax Credit." Quarterly Journal of Economics 111 (May 1996): 605-637. Application: intertemporal substitution on the road and at the ballpark[Borjas] section 12.6. Fehr, Ernst, and Lorenz Goette. "Do Workers Work More if Wages are High? Evidence from a Randomized Field Experiment." American Economic Review 97, no. 1 (March 2007): 298-317. 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. Income effects on labor supplyImbens, Guido W., Donald B. Rubin, and Bruce I. Sacerdote. "Estimating the Effect of Unearned Income on Labor Supply: Evidence from a Survey of Lottery Players." American Economic Review 91, no. 4 (September 2001): 778-794. Unemployment and unemployment insurance[Borjas] chapter 12. Ashenfelter, Orley. "What is Involuntary Unemployment?" Proceedings of the American Philosophical Society 122, no. 3 (June 1978): 135-138. Meyer, Bruce D. "Unemployment Insurance and Unemployment Spells." Econometrica 58, no. 4 (July 1990): 757-782. Woodbury, Stephen A., and Robert G. Spiegelman. "Bonuses to Workers and Employers to Reduce Unemployment: Randomized Trials in Illinois." American Economic Review 77, no. 4 (September 1987): 513-530. Ashenfelter, Orley, and Mark W. Plant. "Nonparametric Estimates of the Labor-Supply Effects of Negative Income Tax Programs." Journal of Labor Economics 8, no. 1, Part 2: Essays in Honor of Albert Rees (January 1990): S396-S415. Farber, Henry S. "Is Tomorrow Another Day? The Labor Supply of New York City Cabdrivers." Journal of Political Economy 113, no. 1 (2005): 46-82. Ashenfelter, Orley, Kirk Doran, and Bruce Schaller. "A Shred of Credible Evidence on the Long Run Elasticity of Labor Supply." Princeton University Industrial Relations Section Working Paper No. 551, September 2009. ( |
Home production and the decision to work; the economics of the family |
IntroductionGronau, 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. [Borjas] section 9.12. [Blau, et al.] chapter 4. Empirical methods: instrumental variables[Angrist and Krueger] section 2.2.3. Angrist, Joshua, and Alan Krueger. "Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments." Journal of Economic Perspectives 15, no. 4 (Fall 2001): 69-85. Application: children and their parents' labor supplyAngrist, Joshua, and William N. Evans. "Children and Their Parent's Labor Supply: Evidence from Exogenous Variation in Family Size." American Economic Review 88, no. 3 (June 1998): 450-477. |
The demand for labor, minimum wages, monopsony |
Introduction[Borjas] chapter 3. [Nicholson and Snyder] chapters 9-11. Applications: minimum wages and labor supply shiftsCard, 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. Angrist, Joshua. "Short-Run Demand for Palestinian Labor." Journal of Labor Economics 14, no. 3 (July 1996): 425-453. |
Human capital, education, and training |
Introduction[Borjas] chapter 6. Applications: the economic returns to all sorts of human capitalAngrist, Joshua, and Alan Krueger. "Does Compulsory School Attendance Affect Schooling and Earnings?" Quarterly Journal of Economics 106, no. 4 (November 1991): 979-1014. 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. Krueger, Alan. "How Computers Have Changed the Wage Structure." Quarterly Journal of Economics 108, no. 1 (February 1993): 33-60. DiNardo, John E., and Jörn-Steffen Pischke. "The Returns to Computer Use Revisited: Have Pencils Changed the Wage Structure Too?" Quarterly Journal of Economics 112, no. 1 (February 1997): 291-303. Applications: education productionAngrist, Joshua, and Victor Lavy. "Using Maimonides Rule to Estimate the Effects of Class Size on Academic Achievement." Quarterly Journal of Economics 114, no. 2 (May 1999): 533-575. 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, Daniel Lang, and Philip Oreopoulos. "Incentives and Services for College Achievement: Evidence from a Randomized Trial." American Economic Journal: Applied Economics 1, no. 1 (January 2009): 136-163.
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. ———. "School Quality and Black-White Relative Earnings: A Direct Assessment." Quarterly Journal of Economics 107, no. 1 (February 1992): 151-200. Welch, Finis. "Black-White Differences in Returns to Schooling." American Economic Review 63, no. 5 (December 1973): 893-907. Krueger, Alan. "Experimental Estimates of the Education Production Functions." Quarterly Journal of Economics 114, no. 2 (May 1999): 497-532. Angrist, Joshua, and Victor Lavy. "New Evidence on Classroom Computers and Pupil Learning." Economic Journal 112, no. 482 (October 2002): 735-765. |
The wage structure |
[Borjas] chapter 7. Lemieux, Thomas. "The Changing Nature of Wage Inequality." Journal of Population Economics 21, no. 1 (January 2007): 21-48. Autor, David, Lawrence Katz, and Melissa Kearney. "Trends in U.S. Wage Inequality: Re-Assessing the Revisionists." Review of Economics and Statistics 90, no. 2 (May 2008): 300-323. Also available as National Bureau of Economic Research Working Paper No. 11627, September 2005.
|
Discrimination |
Introduction[Borjas] chapter 9. [Blau, et al.] chapter 7. [Lang] chapters 10-14. Application: the effects of anti-discrimination policyHeckman, James, and Brook Payner. "Determining the Impact of Federal Antidiscrimination Policy on the Economic Status of Blacks: A Study of South Carolina." American Economic Review 79, no. 1 (1989): 138-177. Acemoglu, Daron, and Joshua Angrist. "Consequences of Employment Protection? The Case of the Americans with Disabilities Act." Journal of Political Economy 109, no. 5 (October 2001): 915-957. |
Unions and bargaining |
Introduction[Borjas] chapter 10.
Union relative wage effects
DiNardo, John, and David S. Lee. "Economic Impacts of New Unionization on U.S. Private Sector Employers: 1984-2001." Quarterly Journal of Economics 119, no. 4 (November 2004): 1383-1442. Ashenfelter, Orley, and George E. Johnson. "Bargaining Theory, Trade Unions, and Industrial Strike Activity." American Economic Review 59, no. 1 (March 1969): 35-49. |