The best—and worst—places to be a working woman

Economics everywhere:

Inequality 0 |  1  |  2

Mechanisms and methods for cost-benefit / cost-effectiveness analysis of specific education programmes

Teacher's pay IDEA

• Borjas: Labor Economics: Labor Demand, Chapter 3;
• Borjas: Labor Economics: Labor Unions, Chapter 10;
• Card D. and Krueger A. (1994) ‘Minimum Wages and Employment: A Case Study of the Fast Food Industry in New Jersey and Pennsylvania’, American Economic Review 84: 772–793.

• Neumark, David; Wascher, William (December 2000). "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment". The American Economic Review 90 (5): 1362–96. doi:10.1257/aer.90.5.1362.
• Eriksson, T. and M. Pytlikova (2004): "Firm-level Consequences of Large Minimum Wage Increases in the Czech and Slovak Republics". Labour. Vol. 18, No.1, pp. 75-103.

• The Economist  http://www.economist.com/news/leaders/21659741-global-movement-toward-much-higher-minimum-wages-dangerous-reckless-wager
• OECD/IZA World of Labor Seminar: Minimum Wages – Impacts and Institutional  http://www.iza.org/conference_files/WoLSeminar_1/viewProgram?conf_id=2668
• IZA WOrld of labour on employment effects of minimum wages: Http://wol.iza.org/articles/employment-effects-of-minimum-wages
• VoxEU:  Minimum wages: the effects on employment and labour-force turnover http://www.voxeu.org/article/minimum-wages-and-jobs-new-evidence

ES5: Margins, Interaction Effects, and Exporting Stata Output / Generating Random Data
Tentative time: Wed. 25 Nov. 2015, materials 

ES6: Applied Stata: Estimating the Human Capital Model using Artificial Data
Tentative time: Monday. 30 Nov. 2015 … 10:30am Computer Lab, materials
ES7: Introduction to Stata Programming 
Tentative time: Monday 7 Dec. 2015 … 10:30am Computer Lab, materials

• Does wealth inequality matter for growth? The effect of billionaire wealth, income distribution, and poverty. Journal of Comparative Economics, Volume 43, Issue 3, August 2015, Pages 505–530, Download here.

• Borjas (5th edition) Chapter 8 on Labor Moibility, pp. 349-356 on job search and turnover.
• Borjas (5th edition)  Chapter 12 on Unemployment, pp. 504-518 on search and equilibrium unemployment.

• Looking into the Black Box: A Survey of the Matching Function, Petrongolo, Barbara, and Christopher A. Pissarides. 2001. "Looking into the Black Box: A Survey of the Matching Function." Journal of Economic Literature, 39(2): 390-431.

• Explain the essence of the scientific issue/topic/question (choose topic narrow enough!) and why it is important "to know"
• Review the most important studies (highly cited, publishe d by top journals etc.). Doing so, make sure you clarify:
• The essence of the model used and its assumptions.
• The character of data used for empirical analysis.
• Identification strategy used.
• Add your own critical insight throughout the text or at the concluding section. Your own critical insight should:
• Question simplifications of the model / assumptions
• Question defficiencies of data and identification strategy used
• Provide reasonable suggestions of possible ways to overcome criticised settbacks.

DO NOT MISS! Labor econ stars at CERGE-EI!

CERGE-EI cordially invites you to a conference titled "Labor Economics and Its Public Policy Impact on Economic Growth" which will be held on Saturday, 21 November, 2015 at 1:30 pm.  The conference will host distinguished academic speakers such as Alan Krueger (former Chairman of President Barack Obama’s Council of Economic Advisers), Henry Farber (Professor, Princeton University), Klaus F. Zimmermann (Director, IZA), Jan Švejnar (Columbia University, CERGE-EI) as well as key policy makers in the Czech Republic — Andrej Babiš (Ministry of Finance) and Michaela Marksová (Ministry of Labor and Social Affairs).  We are also excited to announce that Christopher Sims (2011 Nobel Prize Laureate in Economics) will be attending the conference.

Should you have any questions about the event, please don’t hesitate to contact Přemysl Pela, Deputy Director for Development & Public Relations, at 724 093 896 or by email premysl.pela@cerge-ei.cz.

• Thomas E. MaCurdy, An Empirical Model of Labor Supply in a Life-Cycle Setting ,  Vol. 89, No. 6, Dec., 1981. Stable URL: http://www.jstor.org/stable/1837184 
• Just for curiosity, look how people wriote papers 35 years ago. Mainly pages 1069-1073
• 9_Handnotes_Labor_supply_over_time_Thomas_MaCurdy.pdf
  

Nov 4, 2015 (9:00am at Computer Lab)

Exercise session 
materials for “Regression Diagnostics”
Slides from the session

Income inequality

Lec_LE_Inequality_Fall2015.pdf

Reading list:

Mandatory:

•       Borjas: Labour Economics: The wage structure, Chapter 7;

Optional:

•       Thomas Lemieux, Bentley MacLeod and Daniel Parent, (2009): “Performance Pay and Wage Inequality.” Quarterly Journal of Economics 124(1), February 2009, 1-49

•       Card, D. and DiNardo, J. (2002). ‘Skill biased technological change and rising wage inequality: Some problems and puzzles’, Journal of Labor Economics, 20, pp. 733–783.

•       John Van Reenen, Guy Michaels and Ashwini Natraj (2014): ” Has ICT Polarized Skill Demand? Evidence from Eleven Countries over 25 Years, Review of Economics and Statistics

•       Eriksson, T., Pytlikova, M. and F. Warzynski (2013): "Increased Sorting and Wage Inequality in the Czech Republic: New Evidence Using Linked Employer-Employee Dataset." Economics of Transition,

•       Autor, D. & Wasserman, M. (2013) “Wayward Sons” http://www.thirdway.org/publications/662

•       Bell & Van Reenen (2014) “Bankers’ pay and extreme wage inequality in the UK”, Economic Journal

•       Journal of Economic Perspectives (2013) Special Issue on The Top 1% http://www.aeaweb.org/articles.php?doi=10.1257/jep.27.3

•       Van Reenen, J. (2011) “Wage Inequality, Technology and Trade: 21stCentury evidence”, Labour Economics http://cep.lse.ac.uk/pubs/download/occasional/op028.pdf

Popular media and policy reports on Income Inequality:

•          IHNED dialog about inequality in the Czech Republic (in Czech):

http://dialog.ihned.cz/machacek/c1-61661470-jaka-rizika-tkvi-v-rostoucich-nerovnostech-prijmu-bohatych-a-chudych

•          Blog VOX by John Van Reenen on US income inequality.

http://www.voxeu.org/article/inequality-and-us-election-elephant-room

• Borjas: Labour Economics; Chapter 9 Labor market discrimination.
• M. Bertrand and S. Mullainathan. (2004) “Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment in Labor Market Discrimination,” AER 94 (Sept), pp. 991-1013.

• G. Becker (1957), The Economics of Discrimination, University of Chicago Press.
• Kevin Lang & Jee-Yeon K. Lehmann, 2012. "Racial Discrimination in the Labor Market: Theory and Empirics," Journal of Economic Literature, vol. 50(4), pp. 959-1006
• M. Bertrand. (2010) “New Perspectives on Gender,” Handbook of Labor Economics, vol. 4B, 1543-90.
• D. Hamermesh and J. Biddle. (1994) "Beauty and the Labor Market," AER 84 (December).
• J. Altonji and R. Blank. (1999) “Race and Gender in the Labor Market.” In O. Ashenfelter and D. Card, eds., Handbook of Labor Economics, vol. 3C, 3143-259.
• M. Niederle and L. Vesterlund. (2007) “Do Women Shy Away from Competition? Do Men Compete to Much?” Quarterly Journal of Economics 122 (August), 1067-1101.

• Get the economic essence out of the HBLE Chapter 4 Home production — A survey, Pages 273-304, Reuben Gronau
• Reuben Gronau, 1997. The Theory of Home Production: The Past Ten Years, Journal of Labor Economics, Vol. 15, No. 2 (Apr., 1997), p.197-205

• Introduction: Borjas (5th edition; pp 236-273 on human capital)
• George Psacharopoulos and Harry A. Patrinos: Returns to Investment in Education: A Further Update (find on web)
• The Production of Human Capital and the Life Cycle of Earnings: Variations on a Theme, Jacob Mincer, Journal of Labor Economics, Vol. 15, No. 1, Part 2: Essays in Honor of Yoram Ben-Porath (Jan., 1997), pp. S26-S47 (Jstor)
• Weiss, Andrew (1995). Human Capital vs. Signalling Explanations of Wages. Journal of Economic Perspectives 9(4), 133-154.[ link]

• Ashenfelter presentation on demand_labor 10-15.doc  (older version Notes on labor demand (Orley Ashenfelter)

• Svejnar, Basu, Estrin. 2005. EMPLOYMENT SETTING IN ENTERPRISES  UNDER COMMUNISM AND IN TRANSITION: EVIDENCE FROM CENTRAL EUROPE AND RUSSIA, Labor Relations Review

• Changes in the Labor Supply Behavior of Married Women: 1980–2000, Francine D. Blau and Lawrence M. Kahn, Source: Journal of Labor Economics, Vol. 25, No. 3 (July 2007), pp. 393-438, Jstor
• Association Changes in Labor Force Participation in the United States: Chinhui Juhn and Simon Potter, The Journal of Economic Perspectives, Vol. 20, No. 3 (Summer, 2006), pp. 27-46, Jstor

• STATA 13 (25 floating licenses, installed on the computers in the Computer Room and on F&R computers). To utilize STATA 13 on your PC, please copy the shortcut Stata13 from \\fbox\serverapp\stata13 and paste on your desktop. The shortcut launches executable Stata13 from the server on your PC.
• Complete Stata Manuals are on-line here