Describes a class experiment where students search a hypothetical job market for jobs paying wages in a known range but with an unknown wage distribution. The experiment is divided into three "trials", each one introducing different variables (unemployment insurance, search costs, and recession). Includes experiment instructions and a…

Two studies illustrate how omitting faculty rank as a predictor variable from gender equity studies of faculty salaries can lead to incorrect conclusions about gender discrimination. One uses hypothetical data constructed so there is no gender difference in salary, but omission of academic rank skews the results. The second uses data from a…

The rationale for high school dropout reduction programs rests mainly on evidence that graduates are more successful than dropouts in the labor market. It is not evident, however, whether this difference is attributable to the diploma itself or to underlying characteristics that affect both graduation and labor market success. This paper estimates…