Economics: Private and Public Choice
16th Edition
ISBN: 9781337642224
Author: James D. Gwartney; Richard L. Stroup; Russell S. Sobel
Publisher: Cengage Learning US
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Question
Chapter 26, Problem 10CQ
(a):
To determine
Impact of compulsory 8 hour early hours shift on hourly earnings.
(b):
To determine
Impact of splitting working hours on hourly earnings.
(c):
To determine
Impact of child care services on hourly earnings.
(d):
To determine
Impact of prestigious status of job on hourly earnings.
(e):
To determine
Impact of changing cities on hourly earnings.
(f):
To determine
Impact of out-of-town travel on hourly earnings.
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Students have asked these similar questions
Otherthingsbeingconstant,howwillthefollowinginfluence the hourly earnings of employees? Explain your answer.
The employee must work the midnight to 8:00 a.m. shift.
The job involves split shifts (work three hours, off
two hours, work three additional hours, and so on).
Theemployerprovideslow-costchildcareservicesonthe
premises.
The job is widely viewed as prestigious.
The job requires employees to move often from city
to city.
The job requires substantial amounts of out-of-town
travel.
To which of the following job characteristics could the hedonic wage function be applied?
a. the degree to which a job involves monotonous work
b. the degree to which the area surrounding the job location is safe
c. the degree to which a job involves strenuous work
d. the probability of being injured on the job
e. All of these can be represented with a hedonic wage function.
Other things constant, which of the following job characteristics would be most likely to result in a higher pay rate for the job? a.The job involves working in pleasant surroundings. b.The job is widely viewed as prestigious. c.The job requires substantial amounts of stressful out-of-town travel. d.The employer provides low cost child-care services on the premises.
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