Question
1.Explain the theoretical effect of the minimum wage on employment, wages, and earnings in a growing economy. What are the expected effects on the uncovered
1.Explain the theoretical effect of the minimum wage on employment, wages, and earnings in a growing economy. What are the expected effects on the uncovered sectors?
2.Discuss the major empirical estimates of the employment effects of the minimum wage. Also, explain whether (or not) the minimum wage flights poverty.
3.Discuss the effects of minimum wage legislation under monopsony
4.Analyze the effects of mandated employer provision of health insurance, on employment and wages, especially the effects on part-time employment.
5.Analyze why part-time employment has grown as a share of total employment over the past three or four decades.
6.Differentiate between general training and specific training investment for employees. Which type of training will employers be more likely to provide for their workers, and why?
7.What are the implication of the theory of training investments on layoff behavior of firms, on labor productivity over the business cycle, and minimum wage effects on the training investments provided by firms?
8.Under the topic of hiring investments of firms, discuss the nature and respective roles of the use of credentials (or signals) and internal labor markets in hiring workers. Discuss the major benefits and costs of these types of arrangements.
9.Discuss the major trends in labor force participation and hours of work, especially relating to the changes for men versus those for women.
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