Readings and Sources
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Source for HW #2
Vaillancourt, Francois, "The Private and Total Returns to Education in Canada", Canadian Journal of Economics 28,
1995,532-54, available from JSTOR.
Original Articles on Key Concepts Covered in the Class
Which articles will be covered on the in-class exam will be determined by Reading Week are indicated in this font. Articles not covered are indicated in this font.
The
methodology and general conclusions of Vallancourt can appear on the essay exam as representative of the "human capital" interpretation of earnings and education (otherwise I would have to add another source article.)
Diamond, Peter A. "Wage Determination and Efficiency in Search Equilibrium,"
The Review of Economic Studies, Vol. 49, No. 2. (Apr., 1982), pp. 217-227, available from
JSTOR
- McCall, J. J. "Economics of Information and Job Search,"
The Quarterly Journal of Economics, Vol. 84, No. 1. (Feb., 1970), pp. 113-126. Available from JSTOR.
- Nash, John F. "The Bargaining Problem,"
Econometrica, Vol. 18, No. 2. (Apr., 1950), pp. 155-162, available from
JSTOR.
- Roy, A. D. "Some Thoughts on the Distribution
of Earnings" Oxford Economic Papers 3, 1951, 135-146,
available from JSTOR
- Smith, Adam, The Wealth of Nations. The full text is available from Project Gutenberg or Bibliomania
- CHAPTER VIII. OF THE WAGES OF LABOUR.
- CHAPTER X. OF WAGES AND PROFIT IN THE DIFFERENT EMPLOYMENTS OF LABOUR AND
STOCK.
- Spence, Michael, "Job Market Signalling," Quarterly
Journal of Economics 87, 1973, 355-374, available from
JSTOR
Some Supplementary Articles
Weiss, Andrew. "Human Capital vs. Signalling Explanations of Wages,"
The Journal of Economic Perspectives, Vol. 9, No. 4. (Autumn, 1995), pp. 133-154. Available from JSTOR.
Fitzgerald, Terry. 1998. “An Introduction to the Search Theory of Unemployment,”
Federal Reserve Bank of Cleveland Economic Review QIII, pp. 2-15. Available as a
PDF.