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ECON 246 Labor Economics I
Course Level (s)
The demand for workers and hours of work, substitution among different types of labor in production, technological change, adjustment costs, restrictions on layoffs. The supply of labor, hours of work, participation, life-cycle models of behavior, welfare programs. Wage differentials by schooling, age, cohort, gender, and race. Changes in these wage differentials and differences across countries. Income inequality. Employment contracts and turnover. Models of labor union behavior. Bargaining. Worker-owned enterprises.
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| Pencavel |
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