Course Description
This is a graduate course in labor economics. The course will focus on covering theory and evidence on inequality, wage structure, skill demands, employment, job loss, and early-life determinants of long-run outcomes. Particular areas of focus are: (1) wage determination, including the Roy model, equalizing wage …
This is a graduate course in labor economics. The course will focus on covering theory and evidence on inequality, wage structure, skill demands, employment, job loss, and early-life determinants of long-run outcomes. Particular areas of focus are: (1) wage determination, including the Roy model, equalizing wage differentials, and models of discrimination; (2) the roles played by supply, demand, institutions, technology and trade in the evolving distribution of income.
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![People stand on a highway overpass at night holding lighted signs that spell out "Raise the Min Wage."](/courses/14-662-labor-economics-ii-spring-2015/ec0332cdd12b0e3808ede3c1a59e0532_14-662s15.jpg)
Protesters from Wisconsin Jobs Now and Occupy Riverwest raise awareness about the need to increase the state’s minimum wage. (Image by Wisconsin Jobs Now on Flickr. CC BY-NC.)