Modern Labor Economics: Theory and Public Policy

by Ehrenberg, Ronald G.; Smith, Robert Stewart

• ISBN13: 9780321050526
• ISBN10: 0321050525
• Edition: 7th
• Format: Hardcover
• Copyright: 1999-10-01
• Publisher: Addison-Wesley

Summary

Comprehensively surveying the field of labor economics, this market-leading textbook showcases both current and classic research. The authors develop the modern theory of labor market behavior, summarize empirical evidence that supports or contradicts each hypothesis, and illustrate the usefulness of various theories for public policy analysis. In addition to the policyexamples woven throughout the narrative, the text offers two or more boxed examples per chapter that illustrate the application of theory in a nontraditional, business, historical, or cross-cultural context. The Seventh Edition provides updated coverage and updated references to the professional literature throughout, as well as many new boxed policy examples and new end-of-chapter numerical problems. An all-new companion Web Site rounds out the teaching and learning resources of the supplements program.

Table of Contents

Detailed Contents	vii
Preface	xvii
Introduction	1	(24)
Overview of the Labor Market	25	(37)
The Demand for Labor	62	(43)
Labor Demand Elasticities	105	(39)
Quasi-Fixed Labor Costs and Their Effects on Demand	144	(34)
Supply of Labor to the Economy: The Decision to Work	178	(45)
Labor Supply: Household Production, the Family, and the Life Cycle	223	(28)
Compensating Wage Differentials and Labor Markets	251	(39)
Investments in Human Capital: Education and Training	290	(50)
Worker Mobility: Migration, Immigration and Turnover	340	(37)
Pay and Productivity: Wage Determination within the Firm	377	(38)
Gender, Race, and Ethnicity in the Labor Market	415	(57)
Unions and the Labor Market	472	(52)
Inequality in Earnings	524	(36)
Unemployment	560	(37)
Answers to Odd-Numbered Review Questions and Problems	597	(38)
Name Index	635	(6)
Subject Index	641