Includes bibliographical references (p. 292-300) and index.
Contents:
Ingenuity and creativity : David Card and Alan Krueger -- School quality, earnings, and black-white wage differences. Does school quality matter? : returns to education and the characteristics of public schools in the United States. School quality and black-white relative earnings : a direct assessment. School resources and student outcomes : an overview of the literature and new evidence from North and South Carolina. Experimental estimates of education production functions -- Minimum wages and employment demand. Using regional variation in wages to measure the effects of the federal minimum wage. Minimum wages and employment : a case study of the fast-food industry in New Jersey and Pennsylvania. A re-analysis of the effect of the New Jersey minimum wage with representative payroll data. Unexpected inflation, real wages, and employment determination in union contracts -- Concluding thoughts.
Summary:
"David Card and Alan B. Krueger have made substantial contributions to the field of Labor Economics. Their influential work focuses on policy-relevant issues and spans vast and important topics, including: unemployment, minimum wage, migration, measurement error, unions, wage differentials among various groups in the US, labor demand, social insurance, and technological change. Card and Krueger have also been extremely influential in econometrics methodology; they were at the forefront of employing an "experimental" approach in their research design and implementation. Both of these IZA prize winners have made significant methodological contributions on instrumental variable estimation, measurement error, regression discontinuity methods, and the use of "natural" experiments. This book provides an overview of their most important work and is divided two main parts: the first section focuses on school quality and the differences in wages across groups in the U.S.; the second part concentrates on the effect of changes in the minimum wage on employment and wage setting. In section introductions, Card and Krueger offer their insight into these two areas and discuss the historical context for their research. [Includes:] winners of the IZA Prize in Labor Economics in 2006; Includes the authors' most influential work on minimum wage, wage inequality, the role of unions, the effects of immigration on the labor market, and the effect of school quality on earnings; The authors' work has shaped the research agenda in labor economics and promoted the use of natural experiments "--Publisher's website.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.