Modern Labor Economics: Theory and Public Policy (International Student Edition)

Front Cover
Routledge, Jul 28, 2017 - Business & Economics - 768 pages

Modern Labor Economics: Theory and Public Policy, now in its thirteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels.

It offers a thorough overview of the modern theory of labor market behavior, and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action.

Experienced educators for nearly four decades, co-authors Ehrenberg and Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market.

This new edition continues to offer:

  • a balance of relevant, contemporary examples;

  • coverage of the current economic climate;

  • introduction to basic methodological techniques and problems;

  • tools for review and further study.

In addition to providing updated data and examples throughout, the thirteenth edition offers greater coverage of inequality, healthcare policy, and labor-replacing technologies. The text is also supported by a full range of companion online materials.

 

Selected pages

Contents

Contents
The Labor Market
Normative Economics
Normative Economics
Problems
Overview of the Labor Market
1 Real Wages across
The Demand for Labor
Labor Demand Elasticities
Frictions in the Labor Market
Household Production the Family
Compensating Wage Differentials and Labor
Education
Migration Immigration
Wage Determination
Gender Race and Ethnicity in the Labor Market

Applications of the Theory
Review Questions
Selected Readings
The ShortRun Demand for Labor When Both
The Demand for Labor in Competitive
Labor Demand When the Product Market
Employment Subsidies as a Device
Problems
Unions and the Labor Market
Unemployment
Inequality in Earnings
The LaborMarket Effects of International Trade
Answers to OddNumbered Review Questions
Name Index
Subject Index

Other editions - View all

Modern Labor Economics: Theory and Public Policy
Ronald G. Ehrenberg,Robert S. Smith
Limited preview - 2017
Modern Labor Economics: Theory and Public Policy
Ronald G. Ehrenberg,Robert Smith
Limited preview - 2017
Modern Labor Economics: Theory and Public Policy
Ronald G. Ehrenberg,Robert Stewart Smith
No preview available - 2018
View all »

Common terms and phrases

American Economic analysis applicants associated assume average behavior benefits capital cause chapter characteristics comparable compensation constant constraint contract costs countries decisions demand curve differentials discrimination discussed earnings Economic effect elasticity employed employers employment equal estimated Evidence example expected experience fall Figure firm given greater higher hiring household Human immigrants incentives income increase individuals Industrial investment Journal Journal of Economic labor demand labor force labor market labor supply laws less lower marginal measured minimum wage move observe occupations offer output paid percent period person possible prediction preferences problem profits programs receive reduce Relations relatively represents Research result returns Review rise risk schooling sector shift skilled social Statistics substitution effect suggests Suppose Table tend theory unemployed union United utility wage rate women workers

About the author (2017)

Ronald G. Ehrenberg is the Irving M. Ives Professor of Industrial and Labor Relations and Economics at Cornell University, USA.

Robert S. Smith is Professor of Economics in the School of Industrial and Labor Relations and Stephen H. Weiss Presidential Fellow at Cornell University, USA.

Bibliographic information

TitleModern Labor Economics: Theory and Public Policy (International Student Edition)
AuthorsRonald G. Ehrenberg, Robert S. Smith
Edition13, illustrated
PublisherRoutledge, 2017
ISBN1351595261, 9781351595261
Length768 pages
Subjects ›  › 

Business & Economics / Economics / General
Business & Economics / Labor / General
  
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