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Some workers bargain with prospective employers before accepting a job. Others face a posted wage as a take-it-or-leave-it opportunity. Both modes of wage determination have generated large bodies of research. We surveyed a representative sample of US workers to inquire about the wage...
Persistent link: https://www.econbiz.de/10010815855
The authors describe a new, Web-based survey instrument that may serve as an aide for teachers and as an interactive exercise for high school economics students. The questionnaire asks students about their involvement with the economy, inquiring about employment, consumption, and living...
Persistent link: https://www.econbiz.de/10005405144
The author argues that the recent controversy over the effect of the minimum wage on employment offers an opportunity for teaching introductory economics. Research findings on the minimum wage could be used to motivate alternative models of the labor market, such as monopsony and search models,...
Persistent link: https://www.econbiz.de/10005405152
Persistent link: https://www.econbiz.de/10005600562