Syllabus
LABOR SUPPLY
ü Key terms, framework, resources
ü Labor supply model, non-linear price lines, participation, tax-ben schemes
ü Home production, interpersonal transfers, allocation of (non)market time
ü Labor supply over life-cycle
ü Retirement and aging; early retirement plans
ü Family and work; Family policies
MODELS OF WAGE STRUCTURES
ü Human capital and competing models
ü Differentials on labor markets by gender and ethnicity, discrimination
ü Changes in wage structures, income inequality
ü Incentive pay, efficiency wages
LABOR DEMAND
ü Static and dynamic labor demand
ü Theory of firm (standard, state owned, coops, labor managed)
OTHER SPECIFIC ISSUES
ü Job turnover, matching and search, unemployment duration
ü Economics of Migration