Modern Labor Economics: Theory and Public PolicyThis sixth revised edition maintains a strong orientation towards child support assurance programs and US public sector training. It uses current empirical research and boxed examples. Includes up-to-date topics such as union effects on employment, productivity and profits. |
Contents
Some Basic Concepts | 3 |
Chapter | 12 |
Appendix 1A Statistical Testing of Labor Market Hypotheses | 17 |
Copyright | |
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analysis analyze average behavior Chapter compensating wage differentials costs decisions decline demand for labor discrimination discussed earnings economists employ employee benefits employers estimated example Figure firm firm's hiring hourly household human capital immigrants incentives income effect indifference curves Industrial and Labor inputs investment isoprofit curve isoquants Journal of Economic labor demand curve Labor Economics labor force participation labor market Labor Relations Review labor supply curve layoffs leisure less lower marginal cost marginal product marginal revenue ment minimum wage monopsony MRPL normative economics occupations offer output paid Pareto efficiency percent period ployers prediction present value profits programs quit rates real wage reduce relatively rise risk scale effect sector shift skilled slope studies substitution effect Table teenagers tend theory things equal tion unemployed unemployment rate union United unskilled utility W₁ wage increases wage rate women workers