Labor Economics

  • 22 Posts
  • 1 Sections
  • 1 Types
Ability and Earnings
Labor Economics Econometrics
How differences in skill and other productive traits affect wages, and why that complicates estimates of the return to education.
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Active Labour Market Policies
Labor Economics Public Finance
Programs that try to improve employment outcomes by helping workers find jobs, build skills, or become cheaper to hire.
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Advisory, Conciliation and Arbitration Service (ACAS)
Labor Economics Economics
A UK public body that helps employers and workers resolve disputes at lower cost than prolonged conflict or litigation.
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Affirmative Action
Labor Economics
Policies designed to reduce persistent gaps in opportunity and representation for historically disadvantaged groups.
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Age-Earnings Profile
Labor Economics
The typical pattern by which earnings rise, level off, and sometimes decline across a worker's life cycle.
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Aid to Families with Dependent Children
Public Finance Labor Economics
A former U.S. means-tested cash assistance program whose structure raised classic questions about welfare support and work incentives.
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American Federation of Labor and Congress of Industrial Organizations (AFL-CIO)
Labor Economics
A U.S. labor federation that coordinates affiliated unions' organizing, advocacy, and policy work.
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Annual Population Survey
Labor Economics Statistics
A large U.K. household survey used to estimate employment, unemployment, and related social and labor-market outcomes.
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Apprenticeship
Labor Economics Economics
A paid training arrangement that combines work experience with structured skill formation.
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Assisted Area
Development Economics Labor Economics
A region targeted for government support because of persistent economic disadvantage or weak labor-market conditions.
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Automation
Labor Economics
Using machines, software, or algorithms to perform tasks with limited human intervention, affecting productivity and labor markets.
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Average Earnings Scheme
Risk Management Labor Economics
A pension scheme in which benefits are based on average earnings rather than only final salary.
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Backward-Bending Supply Curve
Labor Economics Microeconomics
A labor supply curve that slopes up at lower wages but bends backward at higher wages as income effects outweigh substitution effects.
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Bargaining
Microeconomics Labor Economics
A process in which parties negotiate over how to divide gains from exchange or cooperation.
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Bargaining Power
Labor Economics Microeconomics
The ability of a party in negotiation to secure a larger share of the gains from agreement.
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Beveridge Curve
Labor Economics Macroeconomics
The Beveridge curve plots unemployment against job vacancies and is used to study labor-market tightness and matching efficiency.
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Blue-Collar Worker
Labor Economics Economics
A blue-collar worker is a worker whose job is centered on manual, technical, production, maintenance, or transport tasks.
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Bonus
Labor Economics Economics
A bonus is pay given in addition to base wages or salary, usually to reward performance, retention, or a specific outcome.
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Equal Employment Opportunity Commission
Labor Economics
A U.S. federal agency that enforces anti-discrimination laws in employment (hiring, pay, promotion, and firing).
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Escalator Clause
Labor Economics Macroeconomics
A contract clause that adjusts wages, rents, or prices over time using an inflation index (such as the CPI).
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Pendulum Arbitration
Labor Economics
An approach to arbitration where the arbitrator selects either one of the proposals without modification, designed to discourage unreasonable demands from both parties.
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Temporary Assistance to Needy Families (TANF)
Public Finance Labor Economics
A U.S. cash-assistance and welfare-to-work program for low-income families with children, administered largely by states.
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