Handbook of Labor Economics, Volume 2

Front Cover
Orley Ashenfelter, Richard Layard, David Edward Card
Elsevier, 1986 - Business & Economics - 3713 pages
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The Handbook brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. It serves as an introduction to what has been done in this field, while at the same time indicating possible future trends which will be important in both spheres of public and private decision-making.
Part 1 is concerned with the classic topics of labor supply and demand, the size and nature of the elasticities between the two, and their impact on the wage structure. This analysis touches on two fundamental questions: what are the sources of income inequality, and what are the disincentive effects of attempts to produce a more equal income distribution?
The papers in Part II proceed from the common observation that the dissimilarity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labor markets. And the last
section of the Handbook deals explicitly with the role of institutional structures (e.g. trade unions) that now form an important part of modern labor economics.
 

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Contents

Chapter 14
789
Chapter 14
791
References
843
SUPPLY OF LABOR
849
Chapter 15
851
References
916
Chapter 16
923
Models where firms set wages
958
Chapter 2
1085
The Economics of Strikes
1091
Escaping the Hicks paradox
1101
Early empirical studies of strike activity
1112
Measurement without theory
1121
The seasonality of strikes
1129
Chapter 20
1139
Chapter 3
1140

Chapter 17
997
The nature of employment fluctuations
1003
Theories of employment and unemployment fluctuations
1011
Conclusions
1031
A Survey
1039
Chapter 18
1041
Chapter 19
1042
The structure of bargaining and the efficiency of labor contracts
1047
The bargaining problem
1055
Size and composition of the union
1069
Conflicting goals of membership and leadership
1079
Chapter 20
1141
Appendix
1176
The Role of Microdata
1178
Chapter 21
1183
The secondary sector
1195
Models of earnings mobility over the life cycle
1203
References
1215
Chapter 22
1241
References
1260
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