[C] Indicates that reading is available on EC 261A Course Website

[N] Indicates that reading is available at NBER website [www.nber.org]

[J] Indicates that reading is available at JSTOR website [www.jstor.org]

Readings with no designation must be obtained from the library.
 

*Blundell, R. and T. MaCurdy (1999), "Labor Supply: A Review of Alternative Approaches," in Handbook of Labor Economics, Vol. 3A, 1999, 1560-1695. [C]

*Heckman, J. (1993), "What Have We Learned about Labor Supply in the Last 25 Years?" American Economic Review, 83(2), May, 116-121. [J]

*Killingsworth, M. and J. Heckman (1986), "Labor Supply of Women," in Ashenfelter and Layard (eds.) Handbook of Labor Economics, Vol. 1, 1986. [C]

*Pencavel, J. (1986), "Labor Supply of Men: A Survey," in The Handbook of Labor Economics, Vol. 1, 1986. [C]

Angrist, J. and A. Krueger (1999), "Empirical Strategies in Labor Economics," chapter in The Handbook of Labor Economics, Vol. 3A, 1999, Section 3. [C]

Gronau, R.(1986), "Home Production—A Survey," in O. Ashenfelter and R. Layard, eds., The Handbook of Labor Economics, Volume I, Amsterdam: North-Holland, 1986.

Empirical Facts about and Trends in Labor Force Participation and Hours of Work

*Blundell, R. and T. MaCurdy (1999), "Labor Supply: A Review of Alternative Approaches," in Handbook of Labor Economics, Vol. 3A, 1999, Section 3. [C]

*Goldin, C. (1994), "Labor Markets in the Twentieth Century," NBER Historical Paper No. 58, June 1994. [N]

The Static Labor Supply Model: The Basic Theory and Econometrics

*Becker, G. (1965), "A Theory of the Allocation of Time," Economic Journal, 75:493-517. [J]

*Gronau, R. (1977), "Leisure, Home Production, and Work–The Theory of Allocation of Time Revisited," Journal of Political Economy 85, 1977, 1099-1123. [J]

*Heckman, J. (1974), "Shadow Prices, Market Wages, and Labor Supply." Econometrica, July 1974. [J]

*Heckman, J. (1979), "Sample Selection Bias as a Specification Error." Econometrica, 47, 1979, 153-162. [J]

*Moffitt, R., (1990), "The Econometrics of Kinked Budget Constraints," Journal of Economic Perspectives, 4(2), Spring 1990, pp. 119-139. [J]

Heckman, J. (1974), "Effects of Child-Care Programs on Women’s Work Effort," Journal of Political Economy, 82, S136-S163. [J]

Killingsworth, M. (1983), Labor Supply. Cambridge University Press, 1983, Chapters 3 and 4.

The Static Labor Supply Model: Empirical Applications

*Ashenfelter, O and M. Plant (1994), "Non-Parametric Estimates of the Labor Supply Effects of Negative Income Tax Programs," Journal of Labor Economics 8(1), part 2. [C]

*Ashenfelter, O. and J. Heckman (1974), "The Estimation of Income and Substitution Effects in a Model of Family Labor Supply," Econometrica, 42(1), January, 73-86. [J]

*Jacoby, H. (1993), "Shadow Prices and Peasant Family Labour Supply: An Econometric Application to the Peruvian Sierra," Review of Economic Studies, 60(4), October, 903-21. [J]

*Lemieux, T., B. Fortin, and P. Fréchette (1994), "The Effect of Taxes on Labor Supply in the Underground Economy," American Economic Review, 84, 231-254. [C]

*Mroz, Thomas (1987), "The Sensitivity of an Empirical Model of Married Women’s Hours of Work to Economic and Statistical Assumptions." Econometrica, 55(4): 765-799. [J]

Blundell, R., A. Duncan, and C. Meghir (1998), "Estimation of Labour Supply Responses using Tax Policy Reforms," Econometrica, 66(4), 827-61. [C]

Cogan, J. (1981), "Fixed Costs and Labor Supply." Econometrica, 49(4), 945-963. [J]

Eissa, N. (1996), "Labor Supply and the Economic Recovery Tax Act of 1981," in Empirical foundations of household taxation, M. Feldstein and J. Poterba, eds., University of Chicago Press, 5-32. See also Comment by J. Heckman, same volume.

Hausman, J. A. (1980), "The Effect of Wages, Taxes, and Fixed Costs on Women’s Labor Force Participation." Journal of Public Economics, 14, 161-194. [C]

Juhn, C. (1992), "The Decline of Male Labor Market Participation: The Role of Declining Market Opportunities", Quarterly Journal of Economics, 79-122. [J]

Smith, J. and M. Ward (1985), "Time-Series Growth in the Female Labor Force", Journal of Labor Economics, Part 2, 1985, S59-S90.

The Life Cycle Labor Supply Model with Exogenous Wage Rates

*Blundell, R. and T. MaCurdy (1999), "Labor Supply: A Review of Alternative Approaches," in Handbook of Labor Economics, Vol. 3, 1999. [C]

*Browning, M., A. Deaton and M. Irish (1985), "A Profitable Approach to Labor Supply and Commodity Demand Over the Life-Cycle," Econometrica, 1985, 503-543. [J]

*Card, D. (1994), "Intertemporal Labor Supply: An Assessment," in C. Sims, ed., Advances in Econometrics Sixth World Congress, vol. II, Cambridge University Press, 1994. [C]

*Heckman, J. and T. MaCurdy (1980), "A Life Cycle Model of Female Labour Supply." Review of Economic Studies, 47(1), 47-74. [J]

*MaCurdy, T. (1981), "An Empirical Model of Labor Supply in a Life Cycle Setting," Journal of Political Economy, 89(6), 1059-1089. [J]

Heckman, J. (1976), "A Life Cycle Model of Earnings, Learning and Consumption." Journal of Political Economy, 84(4), part 2, August, S11-S44. [J]

Hotz, V. J., F. Kydland and G. Sedlacek (1988), "Intertemporal Preferences and Labor Supply," Econometrica, 57(2), 1988, 335-360. [J]

Killingsworth, M. (1983), Labor Supply, Chapter 5, 6.1, 6.6.

MaCurdy, T. (1983), "A Simple Scheme for Estimating an Intertemporal Model of Labor Supply and Consumption in the Presence of Taxes and Uncertainty," International Economic Review, June 1983, 265-289.

Rust, J., (1989), "A Dynamic Programming Model of Retirement Behavior," in The Economics of Aging, D. Wise, ed., University of Chicago Press, 1989, 359-98.
 

*Card, D. (1999), "The Causal Effect of Education on Earnings," chapter in The Handbook of Labor Economics, Vol. 3, 1999. [C]

*Rosen, S. (1977), "Human Capital: A Survey of Empirical Research." In Research in Labor Economics, ed., by R. G. Ehrenberg, Vol. 1, 1977, 3-40. [C]

*Weiss, Y., (1986), "The Determination of Life Cycle Earnings: A Survey," in Handbook of Labor Economics, Vol. I, O.Ashenfelter and R. Layard, ed., North-Holland, 1986. [C]

*Willis, R. (1986), "Wage Determinants: A Survey and Reinterpretation of Human Capital Earnings Functions", in Handbook of Labor Economics, Vol. I, O.Ashenfelter and R. Layard, ed., North-Holland, 1986. [C]

Human Capital Investment Models: Schooling, Work Experience and Earnings Functions

*Ben Porath, Y. (1967), "The Production of Human Capital and the Life Cycle of Earnings." Journal of Political Economy 75(4), part 1, August, 352-65. [J]

*Mincer, J., (1974), Education, Experience, and Earnings, New York: Columbia University Press, Chapter 1 and 2. [C]

*Rosen, S. (1977), "Human Capital: A Survey of Empirical Research." In Research in Labor Economics, ed., by R. G. Ehrenberg, Vol. 1, 3-40. [C]

Becker, G. (1993), Human Capital, 3^rd Edition, Chicago: University of Chicago Press.

Heckman, J. (1975), "Estimates of a Human Capital Production Function Embedded in a Life Cycle Model of Labor Supply." In N. Terleckyj, (ed.), Household Production and Consumption, 1975.

Keane, M. and K. Wolpin (1996), "Career Decisions of Young Men." mimeo, U. of Penn, July 1996.

Estimating the Returns to Education

*Angrist, J. and A. Krueger, (1991), "Does Compulsory Schooling Attendance Affect Schooling and Earnings?" Quarterly Journal of Economics, 106(4), November, 979-1014. [J]

*Ashenfelter, O. and A. Krueger, (1994), "Estimates of the Economic Return to Schooling from a New Sample of Twins", American Economic Review, 84(5), December, 1157-73. [C]

*Ashenfelter, O. and D. Zimmerman (1994), "Estimates of the Returns to Schooling from Sibling Data: Fathers, Sons, and Brothers," Review of Economics and Statistics, LXXIX(1), February, 1-9. [C]

*Card, D. (1999), "The Causal Effect of Education on Earnings," chapter in The Handbook of Labor Economics, Vol. 3, 1999. [C]

*Griliches, Z. (1977), "Estimating the Returns to Schooling: Some Econometric Problems," Econometrica, 45(1), January, pp. 1-22. [J]

*Griliches, Z. (1979), "Sibling Models and Data in Economics: Beginnings of a Survey," Journal of Political Economy 87, October, S37-S64. [J].

*Kane, T., C. Rouse, and D. Staiger (1999), "Estimating Returns to Schooling when Schooling is Misreported," Unpublished manuscript, Princeton University. [C]

Angrist, J. and A. Krueger, (1999), "Empirical Strategies in Labor Economics," in The Handbook of Labor Economics, volume III, Section 2. [C]

Bound, J., D. Jaeger, and R. Baker (1995), "Problems with Instrumental Variables Estimation when the Correlation between the Instruments and the Endogenous Explanatory Variable is Weak," Journal of the American Statistical Association, June 1995, 443-50.

Card, D. (1995), "Earnings, Schooling, and Ability Revisited," in: S. Polachek, ed. Research in Labor Economics 14, 23-48.

Goldin, C. and L. Katz (1999), "The Returns to Skill in the United States Across the Twentieth Century," NBER Working Paper 7126, May. [N]

Griliches, Z. and W. Mason (1972), "Education, Income and Ability," Journal of Political Economy 1972, pp. S74-S103. [J]

The Effects of Quality of Education on Earnings

*Card, D. and A. Krueger (1992), "Does School Quality Matter: Returns to Education and Characteristics of Public Schools in the United States," Journal of Political Economy February 1992. [J]

*Heckman, J., A. Layne-Farrar, and P. Todd (1996), "Human Capital Pricing Equations with an Application to Estimating the Effect of Schooling Quality on Earnings," Review of Economics and Statistics, November 1996, 562-610. [C]

*Krueger, A. (1999), "Experimental Estimates of Education Production Functions," Quarterly Journal of Economics, May 1999, 497-532. [C]

Card, D. and A. Krueger (1992), "School Quality and Black-White Relative Earnings: A Direct Assessment," Quarterly Journal of Economics, 117(1), 1992, 151-200. [J]

The Roy Model: The Theory of Self-Selection

*Borjas, G. (1987), "Self-Selection and the Earnings of Immigrants," American Economic Review, 77(4), September, 531-553. [J]

*Heckman, J. and G. Sedlacek (1985), "Heterogeneity, Aggregation, and Market Wage Functions: An Empirical Model of Self-Selection in the Labor Market," Journal of Political Economy, 93(6), December, 1077-1125. [J]

*Maddala, G. S. (1983), Limited-Dependent and Qualitative Variables in Economics, New York: Cambridge University Press, 257-290. [C]

*Neal, D. And S. Rosen (1999), "Theories of the Distribution of Labor Earnings," in Handbook of Income Distribution, forthcoming. [C]

*Roy, A. (1951), "Some Thoughts on the Distribution of Earnings, Oxford Economic Papers. [C]

*Siow, A. (1984), "Occupational Choice under Uncertainty," Econometrica, 52(3), May, 631-646. [J]

*Willis, R. (1986), "Wage Determinants: A Survey and Reinterpretation of Human Capital Earnings Functions", in Handbook of Labor Economics, Vol. I, O.Ashenfelter and R. Layard, ed., North-Holland. [C]

*Willis, R. and S. Rosen (1979), "Education and Self-Selection," Journal of Political Economy 87(5), part 2, October, S7-S36. [J]

Heckman, J. and B. Honore (1990), "The Empirical Content of the Roy Model," Econometrica, 58(5), 1121-49. [J]

Heckman, J., L. Lochner, and C. Taber (1998), "Explaining Rising Wage Inequality: Explorations with a Dynamic General Equilibrium Model of Labor Earnings with Heterogeneous Agents," Review of Economic Dynamics, 1998. [C]
 

*Becker, G. (1960), "An Economic Analysis of Fertility, in Demographic and Economic Change in Developed Countries, Princeton: Princeton University Press, 209-240. [C]

*Becker, G. and H. G. Lewis (1973), "On the Interaction between the Quantity and Quality of Children," Journal of Political Economy, 81(2), Part 2, Mar-Apr, S279-S288. [J]

*Hotz, V. J., J. Klerman, and R. Willis (1997), “The Economics of Fertility in Developed Countries,” in Handbook of Population and Family Economics, M. Rosenzweig and O. Stark, eds., Elsevier Science, 276-348. [C]

*Rosenzweig, M. and K. Wolpin (1980a), “Testing the Quantity-Quality Fertility Model: The Use of Twins as a Natural Experiment,” Econometrica, January, 48(1), 227-40, [J]

*Rosenzweig, M. and K. Wolpin (1980b), “Life-Cycle Labor Supply and Fertility: Causal Inferences from Household Models,” Journal of Political Economy, 88(2), April, 328-48. [J]

*Schultz, T. P. (1997), “Demand for Children in Low Income Countries,” in Handbook of Population and Family Economics, M. Rosenzweig and O. Stark, eds., Elsevier Science, 349. [C]

*Willis, R. (1973), "A New Approach to the Economic Theory of Fertility Behavior," Journal of Political Economy, 81(2), Part 2, Mar-Apr, S14-S64. [J]

Browning, M., (1992), "Children and Household Economic Behavior," Journal of Economic Literature, 30(3), 1434-75. [J]

Dynamic Life Cycle Models

*Hotz, V. J., J. Klerman, and R. Willis (1997), “The Economics of Fertility in Developed Countries,” in Handbook of Population and Family Economics, M. Rosenzweig and O. Stark, eds., Elsevier Science, 276-348. [C]

*Hotz, V. J. and R. A. Miller (1988), "An Empirical Analysis of Life Cycle Fertility and Female Labor Supply", Econometrica, Vol. 56 No. 1 (January 1988): 91-118. [J]

*Rosenzweig, M. and T. P. Schultz (1985), "The Demand for and Supply of Births: Fertlity and Its Life Cycle Consequences," American Economic Review, 75(2), December, 992-1015. [J]

*Wolpin, K. (1984), "An Estimable Dynamic Stochastic Model of Fertility and Child Mortality," Journal of Political Economy, 92(5), October, 852-74. [J].

Heckman, J. and R. Willis (1975), "Estimation of a Stochastic Model of Reproduction: An Economic Approach," in N. Terleckyj, (ed.), Household Production and Consumption, 1975. [C]

Hotz, V. J. and R. Miller (1993), "Conditional Choice Probabilities and the Estimation of Dynamic Models," Review of Economic Studies, 60(3), No. 204, July, 497-530. [J]

Economic Models of Teenage and Out-of-Wedlock Childbearing

*Hotz, V. J., S. McElroy, and S. Sanders (1997), "The Costs and Consequences of Teenage Childbearing for the Mothers and the Government," in Kids having Kids: The Economic Costs and Social Consequences of Teen Pregnancy, ed. by R. Maynard, Urban Institute Press, 1997, pp. 55-94. [C]

*Willis, R. (1999), "A Theory of Out-of-Wedlock Childbearing," Journal of Political EconomJournal of Political Economy, forthcoming. [C]

Akerloff, G., J. Yellen, and M. Katz (1996), "An Analysis of Out-of-Wedlock Childbearing in the United States," Quarterly Journal of Economics, 111(2), 277-317. [C]

Bronars, S., and J. Grogger (1994), "The Economic Consequences of Unwed Motherhood: Using Twins as a Natural Experiment," American Economic Review 84, December, 1141-1156.

Neal, D. (1999), "The Economics of Family Structure," Unpublished manuscript, University of Wisconsin, July. [C]
 

*Becker, G. (1974), "A Theory of Marriage, Part II," Journal of Political Economy, 82(2), Part 2, Mar-Apr, S11-S26. [J]

*Becker, G., E. Landes, and R. Michael (1977), "An Economic Analysis of Marital Instability," Journal of Political Economy, 85(6), December, 1141-1188. [J]

*Lundberg, S., and R. Pollak (1996), "Bargaining and Distribution in Marriage," Journal of Economic Perspectives, 10(4), Fall, 139-58. [C]

*Thomas, D. (1990), "Intra-Household Resource Allocation: An Inferential Approach," Journal of Human Resources, 25(4), Fall, 635-64. [C]

*Weiss, Y. (1997), "The Formation and Dissolution of Families: Why Marry? Who Marries Whom? And What Happens Upon Divorce," in Handbook of Population and Family Economics, M. Rosenzweig and O. Stark, Amsterdam: Elsevier Science, 81-124. [C]

Johnson, W. R. and J. Skinner (1986), "Labor Supply and Marital Separation," American Economic Review, 76(3), June, 455-469. [J]

McElroy, M. (1990), "The Empirical Content of the Nash-Bargained Household Behavior", Journal of Human Resources, 25, 559-553.

McElroy, M. and M. J. Horney (1081), "Nash Bargained Household Decisions," International Economic Review, 22(2), June, 333-49.

Stapleton, D. (1991), "Implicit Marriage Markets with Collective Goods," Unpublished manuscript, Lewin-VHI.

Weiss, Y. and R. Willis (1985), "Children as Collective Goods and Divorce Settlements," Journal of Labor Economics, 3(3), July, 268-92. [C]
 

*Bergstrom, T. (1989), "A Fresh Look at the Rotten Kid Theorem and other Household Mysteries," Journal of Political Economy, 97(5), 1138-1159. [J]

*Bergstrom, T. (1997), "A Survey of Theories of the Family," in Handbook of Population and Family Economics, M. Rosenzweig and O. Stark, eds., Vol. I, 1997, 21-78. [C]

*Chiappori, P. (1988), "Rational Household Labor Supply," Econometrica, 56, 63-90. [J]

*Chiappori, P. (1992), "Collective Labor Supply and Welfare," Journal of Political Economy, 100(3), 437-67. [J]

*Hao, L., V. J. Hotz, and Z. Jin (1999), "Games Daughters and Parents Play: Teenage Childbearing, Parental Reputation, and Strategic Transfers," Unpublished manuscript, September 1999. [C]

*Willis, R., (1987), "What Have We Learned from the Economics of the Family?" American Economic Review 77, May, 68-81. [J]

Browning, M., F. Bourguignon, P. A. Chiappori and V. Lechene (1994), "Incomes and Outcomes," Journal of Political Economy, 102(6), December, 1067-1096.

Bruce, N. and M. Waldman (1990), "The Rotten-Kid Theorem Meets the Samaritan’s Dilemna," Quarterly Journal of Economics, 105(1), 155-165. [J]

Hirshleifer, J. (1997), "Shakespeare Versus Becker on Altruism: The Importance of Having the Last Word," Journal of Economic Literature, XV, 500-502. [J]