Essay Plans

Question 1

Under what circumstances can unions affect the wage & productivity of the firms in which they operate?

Answer 1

Question 2

a) What factors affect deviation in investment in human capital over lifetime?
b) Explain why its hard to obtain unbiased estimates of marginal rate of return to education using OLS, explain how labour economists have attempted to overcome this

Answer 2

Question 3

Explain how compensating wage differentials can be used to estimate the value of a human life and the challenges of estimation

Answer 3

Question 4

a) What are the reasons for unemployment?
b) What are the assumptions of Job Seeking Theory?

Answer 4

Question 5

What is the effect of unionisation on the economy?

Answer 5

Question 6

Does increasing national minimum wage have a detrimental effect on employment rate?

Answer 6

Question 7

Explain the optimal stopping rule.

Answer 7

Question 8

Explain the determinants of union density, how it has changed over time and why has this change occurred?

Answer 8

Question 9

Does increasing unemployment benefit impact the duration of unemployment?

Answer 9

Question 10

What are the determinants of Reservation wage?

Answer 10

Question 11

Does behaviour change over the unemployment spell?

Answer 11