The article seems to hint at the fact that this is the result of too low minimum wages and too high inequality in the us. Part 1 is devoted to searchmatching models, part 2 to efficiencywage models, and part 3 to urban ghettos and labor markets. Lets begin by looking at what economics is in general study of interactions between decision makers, which occur in markets, for goods and services or commodities. Urban locations and labour market evolutions are explained by yves zenou in terms of frictions in the labour market. Econ 250a, labor economics university of california. Current issues are now on the chicago journals website. Urban labor economics, by yves zenou, journal of regional. This book studies the links between urban economics and labor economics. This refers to original highquality theoretical and applied contributions on both microeconomic and macroeconomic laborrelated topics. The iza journal of labor economics publishes scientific articles in all areas of labor economics. Volume 35, number s1 july 2017 on the economics of education, training, and labor markets. Based on his persistent research work over the past twenty years, zenou has done a great job of presenting a unified theory of urban labor economics, in which land markets and labor markets are linked in.
Yves zenou, stockholm university, research institute of industrial economies. Borjas, problem 39 a in a competitive labor market, labor supply equals labor demand. In the graph, indicate the new equilibrium number of labor hours employed h0. We first present a benchmark model in which firms set efficiency wages to prevent shirking and to compensate workers for commuting. A comprehensive graduatelevel text and professional reference covering all aspects of labor economics. The role of employment interruptions and parttime work for the rise in wage inequality.
This type of idea is fundamental in urban economics and has given rise to a lively literature in the last 20 years. The aim of this book is to study the links between urban economics and labor economics. Chapter 1 investigates under what conditions wealthy, highskilled landowners wind up worse off when they use housing regulations to make their communities harder for poorer, lowskill workers to move into. Urban labor economics by yves zenou cambridge core. It is the only textbook available for advanced graduate students in the field, and it will be widely used.
In the past decades, behavioural economics has become an influential and important field of economics. Appendices deal with the basic urban economics monocentric model without. The mechanisms of spatial mismatch paris school of economics. Request pdf on jul 1, 2012, eleonora patacchini and others published urban labor economics. Many issues in urban economics can be analyzed in a new and deeper way when the labor market is introduced. The incidence of employment interruptions and temporary parttime work has grown strongly among fulltime workers, yet little is known about the impact on wage inequality.
So, if the wage increases by 5%, the marginal productivity of the last worker increases by 5%. I find that intercity mobility rates of natives and earlier immigrants are insen sitive to immigrant inflows. Perspectives on labour economics for development edited by sandrine cazes and sher verick. Borjas harvard university mc graw hill education economics. Different models of urban labor economic theory are examined in the initial two parts of this book. Collective bargaining in germany takes place at either the industry or firm level. Journal of urban economics vol 48, issue 2, pages 185. Us inner cities experience poor labour market outcomes because they are disconnected from. An empirical examination of some competing theories f the urban wage premium, journal of urban economics 60, 961. Labor and population economics department of applied. This dissertation answers three questions in urban and labor economics.
Housing is typically our biggest expenditure, followed by transportation whose. In particular, the iza journal of labor economics encourages submissions in subject areas that are closely. To understand that, its helpful to know a few things. Zenou, journal of economic geography, volume 10, issue 6, november 2010. Course outline lectures lecture 1 lecture 2 revised lecture 3 lecture 4 lecture 5 lecture 6 lecture 7 lecture 8 local labor markets. This is a useful starting place, and for most practical purposes quite su. The importance of labor economics is reflected in a current socioeconomic issues and problems, b. The first chapter is a collaborative work with bernd fitzenberger and karsten kohn. Labor economics is the only textbook available for advanced graduate students in the field, and it will be widely used. This syllabus is designed for a 16 week semesterlength graduate course that meets twice per week.
Additional bibliography an additional reading list mainly journal articles and reports will be distributed during the course. Uses of human capital the standard approach in labor economics views human capital as a set of skillscharacteristics that increase a workers productivity. Handbook of game theory with economic applications 4, 95163, 2015. Since 1983, the journal of labor economics jole has presented international research on issues affecting social and private behavior, and the economy. Most downloaded journal of urban economics articles elsevier. Based on his persistent research work over the past twenty years, zenou has done a great job of presenting a unified theory of urban labor economics, in which land markets and labor markets are linked in an integrated manner. So there is an article circulating online citing a study by the national lowincome housing coalition stating that a fulltime worker earning minimum wage cant afford to rent a onebedroom apartment anywhere in the us.
This refers to original highquality theoretical and applied. Contemporary labor economics web site delemeesters home page home page. The relative scarcity of labor and other productive resources provides an incentive for society to use such resources efficiently. This landmark graduatelevel text combines depth and breadth of coverage with recent, cuttingedge work in all the major areas of modern labor economics. Part 1 is devoted to searchmatching models, part 2 to efficiency wage. Citescore values are based on citation counts in a given year e. Pdf on nov 29, 2007, yves zenou and others published urban labor economic theory find, read and cite all the research you need on researchgate. My thesis combines three distinct papers in labor economics.
Urban labor economics, by yves zenou article in journal of regional science 511. Journal of urban economics spatial dimensions of labor. Youre talking about iza journal of labor economics. Based on his persistent research work over the past twenty years, zenou has done a great job of presenting a unified theory of urban labor economics, in which. In this chapter we scrutinize the effects of union density and of collective bargaining coverage on the distribution of wages both in the covered and the uncovered sector. We show that both wages and unemployment depend on commuting costs, and that housing prices as well as location are based on workers. Labour economics is devoted to publishing international research on empirical, theoretical and econometric topics that are of particular interest to labour economists.
As such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance. Graduate labor economics syllabus mitch downey note. Angrist, joshua and alan krueger 1999, empirical strategies in labor economics, in handbook of labor economics, volume 3a, northholland, chapter 23. Interest in behavioural economics derives from unease with standard economic models that are based on restrictive assumptions, which confine the nature of human motivation. Economics, pages 127766, will be referred to repeatedly throughout the.
In this paper survey some recent developments in urban labour economic theory. Urban economics is the economic study of urban areas. Topic 1 introduction to labour economics professor h. Labor market institutions, wages, and investment cesifo economic studies, vol.
If you need a fast decision, inquiries journal offers expedited processing of your submission for a small fee. Introductory econometrics, and, of course, the handbook of labor economics hle. Contents chapter 1 introduction to labor economics 1 11 an economic story of the labor market 2 1 2 the actors in the labor market 3 1 3 why do we need a theory. Labor market impacts of higher immigration david card, university of california, berkeley this article uses 1990 census data to study the effects of immigrant inflows on occupationspecific labor market outcomes. The labor and population economics field focuses on studying the various theoretical and empirical aspects of labor markets and the employment relationship. In the field of urban economics, this is exactly the kind of book that i have been waiting for. Mare, 2001, cities and skills, journal of labor economics 19, 31642.
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