Modern Labor Economics: Theory and Public Policy |
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Contents
INTRODUCTION | 1 |
Plan of the Text | 11 |
THE DEMAND FOR LABOR | 54 |
Copyright | |
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analysis assume average bargaining behavior Chapter compensating wage differentials decisions decline demand curve demand for labor discrimination discussion distribution earnings elasticity of demand employed employers estimates example expected factors Figure firm fringe benefits higher wages hiring human capital theory immigrants incentives income effect incomes policies indifference curves individual industries investments isoprofit curves isoquant labor costs Labor Economics labor force labor market labor supply layoffs leisure less males marginal cost marginal product ment minimum wage nonunion occupational 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 unem unemployed unemployment rate union United utility wage increases wage inflation wage rate women workers