现代劳动经济学课后伊兰伯格课后习题答案.docx
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现代劳动经济学课后伊兰伯格课后习题答案
Instructor'sManual
toaccompany
Ehrenberg&Smith
ModernLaborEconomics:
Theory&PublicPolicy
EighthEdition
RobertS.Smith
CornellUniversity
RobertM.Whaples
WakeForestUniversity
LawrenceWohl
GustavusAdolphusUniversity
Copyright2003Addison-Wesley,Inc.
Allrightsreserved.PrintedintheUnitedStatesofAmerica.Nopartofthisbookmaybeusedorreproducedinanymannerwhatsoeverwithoutwrittenpermissionfromthepublisher,excepttestingmaterialsandtransparencymastersmaybecopiedforclassroomuse.Forinformation,addressAddison-WesleyHigherEducation,PearsonPLC75ArlingtonStreet,Suite300,Boston,Massachusetts02116.
ANOTETOTHEINSTRUCTOR
ThisInstructor'sManualisintendedtosummarizethecontentoftheeightheditionofModernLaborEconomics:
TheoryandPublicPolicyinawaythatexplainsourpedagogicalstrategy.Summarizedbriefly,webelievethatlaboreconomicscanbebestlearnedifstudentsare
(1)abletoseethe"bigpicture"earlyon,sothatnewconceptscanbeplacedinperspective;
(2)movedcarefullyfromconceptstheyalreadyknowtonewones;(3)motivatedbyseeingthepolicyimplicationsorinherentlyinterestinginsightsgeneratedbytheconceptsbeingtaught.Tothislastend,wediscusspolicyissuesineverychapterand,inaddition,employ"boxedexamples"todemonstrateinhistorical,cross-cultural,orappliedmanagerialsettingsthepoweroftheconceptsintroduced.
Thetextisdesignedtobeaccessibletostudentswithlimitedbackgroundsineconomics.Wedoemploygraphicanalysesandequationsaslearningaidsinvariouschapters;however,wearecarefultoprecedetheirusewithverbalexplanationsoftheanalysesandtointroducetheseaidsinastep-by-stepfashion.Tohelpstudentsintheapplicationofconceptstovariousissues,wehaveprintedanswerstotheodd-numberedreviewquestionsforeachchapteratthebackofthebook.
Wehavealsoendeavoredtoputtogetheratextthat,whileaccessibletoall,isacomprehensiveandup-to-datesurveyofmodernlaboreconomics.Thereare9chapterappendicesdesignedtobeusedwithmoreadvancedstudentsingeneratingadditionalinsights.
InthefirstpartofthisInstructor'sManual,wepresentabriefoverviewandthegeneralplanofModernLaborEconomics.Wethenpresentachapter-by-chapterreviewoftheconceptspresentedinthetext.Inthediscussionofeachchapterwelistthemajorconceptsorunderstandingscovered,andinsomecasessuggesttopicsorsectionsthatcouldbeeliminatediftimemustbeconserved.Wealsopresentouranswerstotheeven-numberedreviewquestionsattheendofeachchapter.
AnimportantpartofthisInstructor'sManualarethesuggestedessayquestionsrelatedtoeachchapter.Wepresentafewsuggestedessayquestionsforeachchapter.
TableofContents
Clickonthechaptertitletojumpdirectlytothatpage.
OverviewoftheText1
Chapter1Introduction4
Chapter2OverviewoftheLaborMarket8
Chapter3TheDemandforLabor14
Chapter4LaborDemandElasticities20
Chapter5Quasi-FixedLaborCostsandTheirEffectsonDemand26
Chapter6SupplyofLabortotheEconomy:
TheDecisiontoWork32
Chapter7LaborSupply:
HouseholdProduction,theFamily,andtheLifeCycle37
Chapter8CompensatingWageDifferentialsandLaborMarkets45
Chapter9InvestmentsinHumanCapital:
EducationandTraining51
Chapter10WorkerMobility:
Migration,Immigration,andTurnover57
Chapter11PayandProductivity62
Chapter12Gender,Race,andEthnicityintheLaborMarket68
Chapter13UnionsandtheLaborMarket77
Chapter14InequalityinEarnings84
Chapter15Unemployment88
OVERVIEWOFTHETEXT
INTRODUCTION/REVIEW:
Chapters1and2
Chapter1-Introduction
Appendix1A-StatisticalTestingofLaborMarketHypotheses
Chapter2-OverviewoftheLaborMarket
Chapters1and2introducebasicconceptsoflaboreconomics.Theyarewrittentobeaccessibletostudentswithoutbackgroundsinintermediatetheory,andcan,therefore,beusedasbuildingblockswhenaprofessormust"beginatthebeginning."Ifthecourseisbeingtaughttoeconomicsmajorswithintermediatemicroeconomicsasaprerequisite,thesechaptersmaybeskippedorskimmedquicklyasareview.
AnappendixtoChapter1introducesthestudenttoeconometrics.Thepurposeofthisappendixistopresentenoughofthebasiceconometricconceptsandissuestopermitstudentstoreadpapersemployingordinaryleastsquaresregressiontechniques.WestronglyrecommendassigningAppendix1Aincoursesrequiringstudentstoreadempiricalpapersinthefield.Wealsorecommend(infootnote3oftheappendix)anintroductoryeconometricstextthatcouldbeassignedbyinstructorswhowishtogobeyondourintroductorytreatment.
THEDEMANDFORLABOR:
Chapters3-5
Chapter3-TheDemandforLabor
Appendix3A-GraphicDerivationofaFirm'sLaborDemandCurve
Chapter4-LaborDemandElasticities
Appendix4A-InternationalTradeandtheDemandforLabor:
CanHigh-WageCountriesCompete?
Chapter5-Quasi-FixedLaborCostsandTheirEffectsonDemand
Thedemandforlaborisdiscussedfirstprimarilybecausewebelievethatthesupplyoflaborisamorecomplextopicinmanyways.Beforeanalyzingthelabor/leisurechoiceandhouseholdproduction,wefirstintroducestudentstotheemployersideofthemarket.Forinstructorswhodesiretocovertopicsconcernedwiththedecisiontoworkfirst,however,wenotethatChapters6and7,whichdealswiththatdecision,areself-contained.Therefore,nothingwouldbelostifChapters6and7weretaughtaheadofChapters3,4,and5.
InChapter3theprincipalquestionanalyzediswhydemandcurvesslopedownward.InChapter4wemovetoadiscussionoftheelasticityofdemand,andanalyzethedeterminantsofthepreciserelationshipbetweenwagesandemployment.Theconceptsareusedtoanalyzehowtechnologicalchangeandforeigntradeaffectlabordemand.Finally,Chapter5analyzesthequasi-fixednatureofmanylaborcostsandthewaysthesecostsaffectthedemandforlabor.
SUPPLYOFLABORTOTHEECONOMY:
Chapters6and7
Chapter6-SupplyofLabortotheEconomy:
TheDecisiontoWork
Chapter7-LaborSupply:
HouseholdProduction,theFamily,andtheLifeCycle
Chapters6and7analyzethedecisionofanindividualtoworkforpay.Thetraditionalanalysisofthelabor/leisurechoiceisgiveninChapter6,whileinChapter7thedecisiontoworkforpayisplacedinthecontextofhouseholdproduction.TheessentialfeaturesofthedecisiontoworkforpayareincludedinChapter6.Inone-quartercoursesorcoursesinwhichtimeisscarce,Chapter7couldbeskipped;however,doingsowouldeliminateanalysesoffamilylaborsupplydecisionsaswellaslaborsupplydecisionsinthecontextofthelifecycle.
Asnotedabove,Chapters6and7aredesignedtobeself-containedfortheconvenienceofinstructorswhowishtoteachlaborsupplyaheadoflabordemand.
FACTORSAFFECTINGTHECHOICEOFEMPLOYMENT:
Chapters8-10
Chapter8-CompensatingWageDifferentialsandLaborMarkets
Appendix8A-CompensatingWageDifferentialsandLayoffs
Chapter9-InvestmentsinHumanCapital:
EducationandTraining
Appendix9A-A"Cobweb”ModelofLaborMarketAdjustment
Appendix9B-AHedonicModelofEarningsandEducationalLevel
Chapter10-WorkerMobility:
Migration,Immigration,andTurnover
Oncetheyhavedecidedtoseekemployment,prospectiveworkersencounterimportantchoicesconcerningtheiroccupationandindustry,aswellasthegenerallocationoftheiremployment.Chapters8through10analyzethesechoices,withChapters8and9focusingonindustry/occupationalchoiceandChapter10onthechoiceofaspecificemployerandthelocationofemployment.Moreparticularly,Chapter8presentsananalysisofjobchoicewithinthecontextofjobsthatdifferalongnonpecuniarydimensions.Chapters9and10analyzeissuesaffectingworkerinvestmentsinskillacquisition(Chapter9)andjobchange(Chapter10),andbothemploytheconceptsofhumancapitaltheory.Allthreechapterscontainappendicesofinteresttoinstructorswhowishtoteachmoreadvancedmaterial.
ANALYSESOFSPECIALTOPICSINLABORECONOMICS:
Chapters11-15
Chapter11-PayandProductivity
Chapter12-Gender,Race,andEthnicityintheLaborMarket
Appendix12A-Estimating"ComparableWorth"EarningsGaps:
An
ApplicationofRegressionAnalysis
Chapter13-UnionsandtheLaborMarket
Appendix13A-ArbitrationandtheBargainingContractZone
Chapter14-InequalityinEarnings
Appendix14A-LorenzCurvesandGiniCoefficients
Chapter15-Unemployment
Havingpresentedbasicconceptsandanalyticaltoolsnecessarytounderstandthedemandandsupplysidesofthelabormarket,wenowmovetoanalysesofspecialtopics:
compensation,discrimination,unions,inequality,andunemployment.Acompleteanalysisofallthesetopicsrequiresanunderstandingofbehavioronboththedemandandsupplysidesofthemarket,andthesechaptersarebuiltupontheprecedingten.Nonewanalyticaltoolsareintroducedinthesechapters.
Thechaptersonunionism(Chapter13)anddiscrimination(Chapter12)dealwithissuestypicallycoveredinlaboreconomicscourses,buttheyaremorecomprehensivethanmostothertexts.ItshouldbenotedthattheappendixtoChapter12includesanapplicationofregressionanalysis.Thechapteroninequalityisuniqueandcanbeskippedwithoutalossincoverageofconventionalmaterial;however,itiswritteninawaythatprovidesareviewofmaterialinpreviouschapters.
CHAPTER1-INTRODUCTION
Becausethetextbookstresseseconomicanalysisasitappliestothelabormarket,s