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Modern Labour Economics
Chapter 6 Supply of Labour to the Economy: The Decision to Work
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Table 6.1 – Labour Force Participation Rates of Females in Canada over 15 Years of Age, by Marital Status, (percent)
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Table 6.2 – Labour Force Participation Rates for Males and Females in Canada by Age, (percent)
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Table 6.3 – Labour Force Participation Rates of Women and Older Men, Selected Countries, 1965-2000
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Table 6.4 – Part-time and Multiple Job Holding in Canada and the United States, 1985-1995 (percent)
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Figure 6.1 – An Individual Labour Supply Curve Can Bend Backward
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Figure 6.2 – Two Indifference Curves for the Same Person
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Figure 6.3 – An Indifference Curve
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Figure 6.4 – Indifference Curves for Two Different People
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Figure 6.5 – Indifference Curves and Budget Constraints
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Figure 6.6 – The Decision Not to Work is a “Corner Solution”
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Figure 6.7 – Indifference Curves and Budget Constraint (with an increase in nonlabour income)
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Figure 6.8 – Wage Increase with Substitution Effect Dominating
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Figure 6.9 – Wage Increase with Income Effect Dominating
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Figure 6.10 – Wage Increase with Substitution Effect Dominating: Isolating Income and Substitution Effects
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Figure 6.11 – The Size of the Income Effect is Affected by the Initial Hours of Work
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Figure 6.12 – Reservation Wage with Fixed Time Costs of Working
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Figure 6.13 – Budget Constraint with a “Spike”
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Figure 6.14 – Income and Substitution Effects for the Basic Welfare System
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Figure 6.15 – The Basic Welfare System: A Person Not Choosing Welfare
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Figure 6.16 – The Welfare System with a Work Requirement
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