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Would you expect greater employer flexibility in hiring and assigning workers to increase or decrease unemployment in Mexico? Explain.]
Explain what effect you would expect this taxation of UI benefits to have on the unemployment rate.
What is the wage rate in both sectors before unionization? How many employees will be hired in each sector?
What can be said about the relative wage advantage of unionized workers and the absolute effect of the union on its members' real wage?
Why might members of the Dog Catchers' International be more wary of the targeted wage increase?
Suppose that employer concession schedule is W = 1 + .02S and the union resistance curve. Determine the length of the strike and the percentage wage increase.
Workers illegally dismissed may sue their employers. What are the likely consequences of this German law for the ability of German unions to raise wages?
What would you expect the impact of this act to be on the demand for labor in the shipping industry and ability of unions to push up the wages of US seafarers?
What is union's rationale for seeking a union standards clause? Under what conditions will a union standards clause most likely be sought by a labor union?
Draw the old and new budget constraints (clearly labeled) associated with the UI program, and analyze the work incentives of this proposed change.
Analyze the work-incentive effects of tax reforms that lower marginal tax rates while keeping total tax revenues constant.
Draw an arbitrary budget constraint for a person, assuming that he or she receives no government subsidies.
Draw the new budget constraint. Analyze which workers in France are better off under the 2002 law. Are any worse off? Explain.
A firm wants to offer paid sick leave to its workers. Compare the work-incentive effects of the two options, both immediately and in the long run.
What would be the change in work incentives associated with this change in the way workers' compensation payments were calculated?
Discuss the likely effects of each option on the hours of work among lawyers. (It would help to draw the constraints created by each option.).
A firm is considering hiring a worker and providing the worker with general training. How much will the training firm pay the worker in the training period?
Suppose a firm's labor supply curve is E = 5W, where W is the hourly wage. Express the total hourly labor cost associated with any given level of employment.
Trainees are not paid during the training period. Analyze the likely effects on wages, employment, and hours of work associated with adopting this program.
Use economic theory learned in this course to analyze the effects of the hours cap on skill formation and employment levels.
The manager of a major league baseball team argues. Analyze the manager's reasoning by using economic theory.
Assuming the total premiums paid by employers remain the same, what are the labor market implications of this proposed change in way in which health financed?
How will its employment level be affected in the long run? Explain, being sure to define what you mean by the short run and the long run!
Discuss the creation of a compensating wage differential for these jobs using ordinary supply and demand concepts.
At what level of income does the subsidy end? How many hours of work would this be? Discuss the effect of program participation on work incentives.