Degree Year

1982

Document Type

Thesis

Degree Name

Bachelor of Arts

Department

Economics

Advisor(s)

Luis Fernandez
Hirschel Kasper

Keywords

Labor, Economics, Unemployment, Wages

Abstract

The most disturbing and difficult empirical problems of labor economics revolve around the absence of crucial information; the wage an unemployed person would receive if he or she were working. The most controversial policy problem of labor economics is embodied in the question; when is unemployment a problem? The goal of this paper is to propose a methodology for studying the first problem that sheds some light on the second.

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Economics Commons

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