rjvo2tlSNOtXJREMEVMOmKiOWlSVOl4WOyUcKYqTxLokTWcYNK2Ok4njUmWjAN7q1TdHJms3T5nkL4k5_hzAKw
Start mastering your classes. Access 3M+ class-specific study documents.

ECON 139 set 6 (24 pages)

Previewing pages 1-2, 23-24 of actual document. View the full content.
View Full Document

Previewing pages 1-2, 23-24 of actual document.

View the full content.
View Full Document
View Full Document

ECON 139 set 6

1245 views


Lecture number:
6
Pages:
24
Type:
Lecture Note
School:
University of California, San Diego
Course:
Econ 139 - Labor Economics
Edition:
1

Unformatted text preview:

Thank you for supporting the Associated Students Lecture Notes Service by purchasing A.S. Lecture Notes. In order to continue providing quality notes and services to you, you can fill out our survey online at www.tinyurl.com/ASLN-Survey. The survey will provide us with the feedback we need to improve our services and the quality of our notes. A.S. Lecture Notes is in the process of hiring note-takers for Fall Quarter 2015. Starting week 8, applications are available at the A.S. Lecture Notes Office, or online at www.lecturenotes.ucsd.edu. I encourage you to apply for the note-taker position or pass the word on to a friend. Why should you be a note-taker? Note-taking gives you the chance to meet and interact with professors. It is also a great addition to your resume. The hours are flexible, meaning you can prepare your notes on your own time, which is a definite bonus for the busy student lifestyle. The position pays $10.00/hour, which includes payment for class time and also the time it takes you to prepare your notes at home. In order to be a note-taker, you must have a cumulative grade point average of at least a 3.0. Also, upon being hired, note-takers must receive permission from the professor to take notes for his/her class. Please refer to the application for further information, or e-mail the A.S. Lecture Notes office at as-lecture- [email protected] Applications are due WEDNESDAY of FINALS WEEK by 5pm! Thank you in advance for considering this worthwhile opportunity. Sincerely, Haleigh McVey Manager, A.S. Lecture N ECON 139 SP ‘15 Antonovics 6 May 5, 2015 Compensating Wage Differentials Not All Jobs Are Created Equal • Risk of death or injury on the job. • Location. • Flexibility of hours. • Health benefits. • Pension plans. • Repetitiveness of tasks. • Weeks of vacation. • Risk of being laid off. Page 2 of 24 ECON 139 SP ‘15 Antonovics 6 5-5-15 1 Page 23 of 24 Estimates of the Returns to Schooling • Standard estimates control for: age, experience, gender, race and some measure of IQ. • Returns to an additional year of schooling estimated to be about 9%. • Still possible that there is some ability bias. Controlling for Ability Bias Studies Using Identical Twins •Ashenfelter and Krueger (1994): Survey twins at a “twins festival” in Ohio. – Ask twins about level of schooling and earnings. – Estimate that the returns to an additional year of school within twins is 12­16%. • Strange that returns increase. • Why do twins get different levels of schooling? Maybe one of them is more motivated. Twins are not actually identical, they make different decisions. Page 24 of 24



View Full Document

Access the best Study Guides, Lecture Notes and Practice Exams

Loading Unlocking...

Login

Join to view ECON 139 set 6 and access 3M+ class-specific study document.

or
We will never post anything without your permission.
Don't have an account?

Sign Up

Join to view ECON 139 set 6 and access 3M+ class-specific study document.

or

By creating an account you agree to our Privacy Policy and Terms Of Use

Already a member?