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LABOUR AND PERSONNEL ECONOMICS

Program

Updated A.Y. 2018-2019

Material
In the following pages you will find the detailed reading list for each topic. This list is indicative, and can be subject to some changes. In particular, further readings may be provided during the lectures. Readings marked with a * (or with Required Readings) represent compulsory reading, all other readings (or under Additional Readings) are just suggestions.
Introduction and Methods
- Borjas (chapter 1)
- Angrist, J. D. and A. B. Krueger (1999): “Empirical Strategies in Labor Economics”, in Handbook of Labor Economics, ed. Ashenfelter and Card, vol 3, North Holland, Amsterdam.

Labor Supply
- Borjas (chapter 2)
- Imbens, G. W., D. B. Rubin and B. Sacerdote (2001): “Estimating the Effect of Unearned Income on Labor Earnings, Savings, and Consumption: Evidence from a Survey of Lottery Players.” American Economic Review, 91, 778-94.*
- Eissa, N. and J. B. Liebman (1996): “Labor Supply Response to the Earned Income Tax Credit.” Quarterly Journal of Economics, 111, 605-37.* 
- Krueger, A. and S. Pischke (1992): “The Effect of Social Security on Labor Supply: A Cohort Analysis of the Notch Generation.” Journal of Labor Economics, 10, 412-437.*

Labor Demand
- Borjas (chapter 3)
- Hamermesh, D. S. (1986): “The Demand for Labor in the Long Run.” Handbook of Labor Economics, vol. 1, pp. 429-71.
- Acemoglu, D.; Autor, D. H. and D. Lyle (2004): “Women, War, and Wages: The Effect of Female Labor Supply on the Wage Structure at Midcentury.” Journal of Political Economy, 112, 497-551.*

Minimum Wage
- Borjas (chapter 3)
- Kennan, J. (1995): “The Elusive Effect of Minimum Wages.” Journal of Economic Literature.
- Card, D. and A.B. Krueger (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, D. and W. Wascher (2006): “Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research.” NBER WP 12663.*
- Allegretto, S., Dube, A., Reich, M. and B. Zipperer (2013): “Credible Research Designs for Minimum Wage Studies.” IZA DP 7638.

Payroll-taxes
- Borjas (chapter 4)
- Gruber, J. (1997): “The Incidence of Payroll Taxation.” Journal of Labor Economics, 15, 72-101.

Immigration
- Borjas (chapter 4)
- Card, D. (1990): “The Impact of the Mariel Boatlift on the Miami Labor Market.” Industrial and Labor Relations Review, 43, 245-57.*
- Borjas, G. J. (2003): “The Labor Demand Curve Is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market.” Quarterly Journal of Economics, 118, 1335-1374.*
- Ottaviano G. and G. Peri (2012): “Rethinking the Gains from Immigration: Theory and Evidence from the U.S.” Journal of the European Economic Association, 10, 152-197.*


Compensating Wage Differentials
- Borjas (chapter 5)
- Jonathan Lee and Laura Taylor: (2014) “Randomized Safety Inspections and risk exposure on the job: Quasi-experimental Estimates of the Value of a Statistical Life”, CES-WP-14-05*

Human Capital
- Borjas (chapter 6)
- Griliches Z. (1977) “Estimating the Returns to Schooling: Some Econometric Problems” Econometrica, Vol. 45, No. 1, pp. 1-22
- Ashenfelter, O. and C. Rouse (1998) “Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins”, The Quarterly Journal of Economics, Vol. 113, No. 1, pp. 253-284*
- Angrist, J. D. and A. B. Krueger (1991) “Does Compulsory School Attendance Affect Schooling and Earnings?” The Quarterly Journal of Economics Vol. 106, No. 4, pp. 979-1014*
- Card, D (1995) “Using Geographic Variation in College Proximity to Estimate the Return to Schooling”, In L.N. Christofides, E.K. Grant, and R. Swidinsky, editors, Aspects of Labor Market Behaviour: Essays in Honour of John Vanderkamp, University of Toronto Press, Toronto. http://davidcard.berkeley.edu/papers/geo_var_schooling.pdf*
- Griliches, Z. and M. William (1972): “Education, Income and Ability.” Journal of Political Economy, 80, 74-103.
- Ashenfelter, O. and A. B. Krueger (1994): “Estimates for the Economic Returns to Schooling for a New Sample of Twins.” American Economic Review, 84, 1157-1173.
- Altonji, J. G. and C. R. Pierret (2001): “Employer Learning and Statistical Discrimination.” Quarterly Journal of Economics,

Signaling
- Card, D. “The Causal Effect of Education on Earnings”, Handbook of Labour Economics, vol. 3, Chapter 30, eds. O. Ashenfelter and D. Card. http://davidcard.berkeley.edu/papers/causal_educ_earnings.pdf*
- Tyler, J., R. Murnane, J. Willet (2000) “Estimating the Signaling Value of the GED”, The Quarterly Journal of Economics, vol. 115, no.2, pp. 431-468. http://www.jstor.org/stable/pdfplus/2586999.pdf*
- Lang, K. And D. Kropp (1986)  “Human Capital Versus Sorting: The Effects of Compulsory Attendance Laws”, The Quarterly Journal of Economics, vol. 101, no.3, pp. 609-624. http://faculty.smu.edu/millimet/classes/eco7321/papers/lang%20kropp.pdf
- Jaeger, D. A. and M. E. Page (1996): “Degrees Matter: New Evidence on Sheepskin Effects in the Returns to Education.” Review of Economics and Statistics, 78, 733-740.

School Quality
- Card, D. and A. Krueger (1992) “Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States”, The Journal of Politcal Economy, vol. 100, no. 1, pp. 1-40. http://davidcard.berkeley.edu/papers/school-quality.pdf*
- Krueger, A. “Experimental Estimates of Education Production Functions”, The Quarterly Journal of Economics, vol. 114, no. 2, pp. 497-532. http://www.jstor.org/stable/2587015?origin=JSTOR-pdf
- Angrist, J. And V. Lavy (1999) “Using Maimonides Rule to Estimate the Effect of Class Size on Scholastic Achievement”, The Quarterly Journal of Economics, vol. 114, no. 2, pp. 533-575.http://www.mitpressjournals.org/doi/abs/10.1162/003355399556061*
- Angrist, J., Battistin E., D. Vuri (2014) “In a Small Moment: Moral Hazard and Class Size in Italian Elementary School”, NBER WP 20173

More on college investment
- Christopher Avery and Sarah Turner. 2012. “Student Loans: Do College Students Borrow Too Much--Or Not Enough?” Journal of Economic Perspectives, 26(1): 165–92
- Hoxby, “The Return to Attending a More Selective College: 1960 to the Present,” in Forum Futures: Exploring the Future of Higher Education”, eds. Maureen Devlin and Joel Meyerson (Jossey-Bass Inc., 2001): 13-42.
- Hoekstra M. (2009) “The Effect of Attending the Flagship State University on Earnings: A Discontinuity-Based Approach”, Review of Economics and Statistics 2009, 91 (4):  717-724*
- Cadena and Keys (2013) “Can Self-Control Explain Avoiding Free Money? Evidence from Interest-Free Student Loans”, Review of Economics and Statistics 95 (4), 1117-1129
- Deming, Goldin and Katz (2012) “The For-Profit Postsecondary School Sector: Nimble Critters or Agile Predators?” Journal of Economic Perspectives—Volume 26, Pages 139–164
- Lang, K. and Weinstein, R. (2013) “The Wage Effects of Not-for-Profit and For-Profit Certifications: Better Data, Somewhat Different Results,” Labour Economics: 230-43.
- Hoxby, Caroline, and Christopher Avery. forthcoming. "The Missing "One-offs": The Hidden Supply of High-Achieving, Low Income Students," Brookings Papers on Economic Activity. (Also NBER Working Paper 18586.)
- Bettinger, Eric, Bridget Long, Phil Oreopoulos and Lisa Sanbonmatsu, (2012) "The Role of Simplification and Information: Evidence from the FAFSA Experiment.”  Quarterly Journal of Economics 127 (3), 1205-1242.
- Caroline Hoxby and Sarah Turner. 2013. “Expanding College Opportunities for High-Achieving, Low Income Students”, SIEPR Discussion Paper 12-014*

 

Discrimination
- Borjas (chapter 9)

Facts
- Bertrand, Goldin and Katz, (2010) “Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors”, American Economic Journal: Applied Economics 2: 228–255*
- Neal, Derek and Johnson, William. (1996) " The Role of Premarket Factors in Black-White Wage Differences", Journal of Political Economy, Vol. 104, No. 5, pp. 869-895
- Fryer R, Levitt S. (2004) “Understanding The Black-White Test Score Gap in the First Two Years of School”, The Review of Economics and Statistics. 86(2): 447–464

Theory
- Hamermesh and Biddle, (1994) “Beauty and the Labor Market”, The American Economic Review, Vol. 84, No. 5, (Dec., 1994), pp. 1174-1194
- Phelps, (1972) “The Statistical Theory of Racism and Sexism”, The American Economic Review, Vol. 62, No. 4, pp. 659-661
- Arrow, K.J., (1973). The Theory of Discrimination. In: Ashenfelter, O., Rees, A. (Eds.), Discrimination in Labor Markets. Princeton University Press, pp. 3–33.
- Aigner, D., Cain, G., (1977) “Statistical Theories of Discrimination in the Labor Market” Ind. Labor Relat. Rev. 30 (2), 175–187

Empirics
- Kerwin Kofi Charles & Jonathan Guryan, (2008). "Prejudice and Wages: An Empirical Assessment of Becker's The Economics of Discrimination," Journal of Political Economy, University of Chicago Press, vol. 116(5), pages 773-809
- Sandra E. Black and Philip E. Strahan (2001) “The Division of Spoils: Rent-Sharing and Discrimination in a Regulated Industry” The American Economic Review Vol. 91, No. 4, pp. 814-831 
- Levine, R., A. Levkov and Y. Rubinstein (2009), Racial Discrimination and Competition, Working Paper 14273
- Goldin  C. and C. Rouse (2000) Orchestrating Impartiality: The Impact of "Blind" Auditions on Female Musicians, American Economic Review , vol 90 (4): 715-741*
- Marianne Bertrand and Sendhil Mullainathan (2004) “Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination”, The American Economic Review, Vol. 94, No. 4, pp. 991-1013*

Incentive Contracts
- Borjas (chapter 11)
- Lazear, E. P., (2000): “Performance Pay and Productivity.” American Economic Review, 90, 1346-1361.*
- Falk, A., and A. Ichino (2006) “Clean Evidence on Peer Effects.” Journal of Labor Economics 24, no. 1: 39-57.
- Mas, A and E. Moretti, (2009), “Peers at Work”, American Economic Review 99(1), 112-45
- Bandiera, O., I. Barankay, and I. Rasul. (2005) “Social Preferences and the Response to Incentives: Evidence from Personnel Data.” Quarterly Journal of Economics 120, no. 3: 917-962*