Labor supply
Study participation, hours and job choice under wages, taxes, household constraints and non-wage job attributes.
Subject
Purpose
Work and earnings studied through labor supply, human capital, matching, bargaining, firms, institutions and wage inequality.
Structure
Components → constraints → flows → control → failure
Labor economics connects worker choices and skills to employer demand, institutions and firm-specific wage setting rather than assuming a single anonymous market.
Study participation, hours and job choice under wages, taxes, household constraints and non-wage job attributes.
Estimate returns to education, experience and training while separating selection from causal productivity effects.
Model unemployment and vacancies as outcomes of costly search and imperfect matching rather than simple excess supply.
Examine monopsony, bargaining and firm heterogeneity as sources of wage dispersion among similar workers.
Study minimum wages, unions, discrimination and labor regulation through both direct and equilibrium effects.
wage ≠ worker productivity
unemployment ≠ voluntary nonwork
education premium ≠ causal return
How much wage dispersion reflects worker skill versus firm-specific pay?
When can a minimum wage raise employment under employer market power?
Which designs isolate discrimination from unobserved productivity differences?
Administrative matched employer-worker data, natural experiments and transparent identification strategies are especially valuable; selection into jobs and education is central.