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

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Routledge, Apr 20, 2016 - Business & Economics - 688 pages
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For one-semester courses in labor economics at the undergraduate and graduate levels, this book provides an overview of labor market behavior that emphasizes how theory drives public policy.

Modern Labor Economics: Theory and Public Policy, Twelfth Edition gives students 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 Ronald Ehrenberg and Robert Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, the text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market.

This text provides a better teaching and learning experience for you and your students. It will help you to:

Demonstrate concepts through relevant, contemporary examples: Concepts are brought to life through analysis of hot-button issues such as immigration and return on investment in education.

Address the Great Recession of 2008: Coverage of the current economic climate helps students place course material in a relevant context.

Help students understand scientific methodology: The text introduces basic methodological techniques and problems, which are essential to understanding the field.

Provide tools for review and further study: A series of helpful in-text features highlights important concepts and helps students review what they have learned.

 

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Contents

CHAPTER 1 INTRODUCTION
1
CHAPTER 2 OVERVIEW OF THE LABOR MARKET
25
CHAPTER 3 THE DEMAND FOR LABOR
59
CHAPTER 4 LABOR DEMAND ELASTICITIES
95
CHAPTER 5 FRICTIONS IN THE LABOR MARKET
130
THE DECISION TO WORK
168
HOUSEHOLD PRODUCTION THE FAMILY AND THE LIFE CYCLE
211
CHAPTER 8 COMPENSATING WAGE DIFFERENTIALS AND LABOR MARKETS
245
WAGE DETERMINATION WITHIN THE FIRM
361
CHAPTER 12 GENDER RACE AND ETHNICITY IN THE LABOR MARKET
399
CHAPTER 13 UNIONS AND THE LABOR MARKET
450
CHAPTER 14 UNEMPLOYMENT
502
CHAPTER 15 INEQUALITY IN EARNINGS
539
CHAPTER 16 THE LABORMARKET EFFECTS OF INTERNATIONAL TRADE AND PRODUCTION SHARING
567
Answers to OddNumbered Review Questions and Problems
595
Name Index
645

EDUCATION AND TRAINING
282
MIGRATION IMMIGRATION AND TURNOVER
327

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About the author (2016)

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

Robert C. Smith is Associate Dean for Academic Affairs in the School of Industrial and Labor Relations at Cornell University, USA

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