Someone please help me with my labor economics homework?

[banys]

If anyone has time and can help me with any of these questions you can have my soul, or appreciation.. my choice :)

1. Explain and show graphically, for each of the following instances, whether the specified circumstances will cause a worker to want to increase or decrease the number of hours worked.

a. The wage rate increases and the substitution effect is greater than the income effect.
b. The wage rate increases and the income effect is greater than the substation effect.
c. The wage rate increases and the substation effect is equal to the income effect.

2. A recent surge in the number of discouraged workers has been identified.
a. Define the term discouraged worker and the discouraged worker effect.
b. Explain the discouraged worker effect on the unemployment rate
c. Explain who (in terms of age, gender, race, labor market experience, for example) might be a typical discouraged worker.

3. Efficiency wages are offered when monitoring workers efforts is difficult or costly.
a. What efficiencies are created by the efficiency wage? Explain and show graphically.
b. Explain who benefits from the provision of efficiency wage.
c. Why an efficiency wage is is not provided by all firms?

4. Married women have been participating in the labor force in larger numbers over the past decade.
a. List and explain two factors that can account for an increase in the participation rates of married women.
b. Using indifference curves and a budget constraint explain how each of the factors listed in (a) above might alter either the indifference curves or the budget constraint to make labor force participation more likely.
c. Explain whether the increase in female labor force participation is a cause for the decrease in male labor force participation.

5. Comment on each of the following statements from a perspective of an investment in human capital.
a. Older workers are less mobile geographically than younger workers.
b. An economic recession tends to stimulate college enrollments
c. The age earnings profiles indicate that people with more education earn more than people with less education; therefore, personal spending on education is always a good investment.

6. The amount of fringe benefits as a proportion of labor market compensation has been increasing over time.
a. Provide two reasons that explain the trend.
b. Explain why fringe benefits are not universally provided by all firms.
c. Explain how the provision of fringe benefits may help to reduce the amount of labor turnover.
7. Compensating wage premiums are provided in circumstances where employment may be unpleasant or dangerous.
a. Explain another reason that might require that a firm provide compensating wages.
b. What would be the effect on employment in a particular firm f compensating wages are justified, but not provided?
c. How does the provision of a compensating wage premium affect the unemployment

8. “Many of the lowest paid workers, for example short order cooks also have relatively poor working conditions” discuss whether this situation disproves the theory of compensating wage differentials, including in your answer.
a. The reason on purpose for any employer paying a compensative wage premium
b. Why minimum wage paying jobs do not provide compensation wage premiums
c. The relationship between minimum wage paying jobs, an investment in human capital and compensative wages.
9. In case where the characteristics of workers and jobs are heterogeneous, the hedonic theory of wage is useful
a. What is the hedonic theory of wage differentials?
b. Discuss the characteristics of a normal profit isoprofit curve for a firm providing different levels of safety on the job.
c. Combine an isoprofit curve with a workers map of indifference curves to explain how two individuals with identical stocks of human capital might be paid different wage rates.