Modern Labor Economics
- ISBN-10
- 0673181057
- ISBN-13
- 9780673181053
- Series
- Modern Labor Economics
- Category
- Business & Economics / Labor / General
- Pages
- 580
- Language
- English
- Published
- 1985
- Publisher
- Pearson Scott Foresman
- Authors
- Robert Stewart Smith, Ronald Gordon Ehrenberg
Description
This edition of the introductory text in labor economics develops the modern theory of labor market behavior, summarizes empirical evidence that supports or contradicts each hypothesis, and illustrates the usefulness of the theory for public policy analysis. It presents an overview of demand and supply in labor markets, and deals with labor supply issues, compensation, unionism, public sector labor markets, discrimination, and the macroceonomic issues of inflation and unemployment. The edition provides new discussions of implicit contracting and asymmetric information; selectivity bias in rates of return to education; sex differences in the choice of college majors; firm size and gender effects on quit rates; the effects of union on profitability; and determinants of retirement age. It also includes analyses of state fair employment practice laws and Title VII of the Civil Rights Act. ISBN 0-673-18105-7 : $26.95.
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