Modern Labor Economics: Theory and Public Policy |
Contents
INTRODUCTION I | 1 |
OVERVIEW OF THE LABOR MARKET | 13 |
THE DEMAND FOR LABOR | 54 |
Copyright | |
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analysis assume average bargaining behavior Chapter compensating wage differentials demand curve demand for labor discrimination discussion earnings elasticity of demand employed employers employment levels estimates example expected factors Figure firm fringe benefits graduates higher wages hiring human capital theory immigrants incentives income effect incomes policies indifference curves investments isoprofit curves isoquant Jacob Mincer labor costs Labor Economics labor force labor market labor supply layoffs leisure less males marginal cost marginal product ment migration minimum wage nonunion occupations offer Orley Ashenfelter output overtime paid percent percentage period prediction present value price inflation profits public sector rate of return real wage receive reduce relative retirement risk schooling shift social studies substitution effect supply curve Table tend things equal tion unemployed unemployment rate union United utility wage increases wage inflation wage rate women workers