Labor EconomicsLabor Economics, 5e is a well-received text that blends coverage of traditional topics with modern theory and developments into a superb Labor Economics book. The Fifth Edition builds on the features and concepts that made the first four editions successful, updating and adding new content to keep the text on the cusp of recent events in the Labor Economics field. The new edition continues to be the most concise book in the market, enabling the instructor to teach all relevant material in a semester-long class. Despite the book’s brevity, the instructor will find that all of the key topics in labor economics are efficiently covered in the Fifth Edition. Thanks to updated pedagogy, new end-of-chapter material, and even stronger instructor support, the Fifth Edition of Labor Economics remains one of the most relevant textbooks in the market. |
From inside the book
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Page 40
... person's earnings capacity and the number of hours spent sleeping . More highly educated persons , for example , sleep less - an additional four years of school decreases sleep time by about one hour per week . Simi- larly , a 20 ...
... person's earnings capacity and the number of hours spent sleeping . More highly educated persons , for example , sleep less - an additional four years of school decreases sleep time by about one hour per week . Simi- larly , a 20 ...
Page 42
... person to enter the labor market . Holding the reservation wage constant , the theory also implies that high - wage persons are more likely to work . A rise in the wage rate , therefore , increases the labor force participation rate of ...
... person to enter the labor market . Holding the reservation wage constant , the theory also implies that high - wage persons are more likely to work . A rise in the wage rate , therefore , increases the labor force participation rate of ...
Page 344
... Persons with Puerto Rican Ancestry That Moved to Puerto Rico 0.447 0.069 0.401 0.086 0.364 0.121 0.304 0.189 ... persons born abroad ) and the second genera- tion ( i.e. , persons born in the United States who have at least one parent ...
... Persons with Puerto Rican Ancestry That Moved to Puerto Rico 0.447 0.069 0.401 0.086 0.364 0.121 0.304 0.189 ... persons born abroad ) and the second genera- tion ( i.e. , persons born in the United States who have at least one parent ...
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age-earnings profile allocate American Economic Review average benefits budget line compensating competitive correlation David Card discrimination dollars earnings efficiency wage elasticity employers equals equilibrium estimate evidence firm hires firm's force participation rate groups high school higher household human capital immigrants impact implies income effect indifference curve industry input isocost isoprofit curve isoquant Journal of Economics Journal of Labor Journal of Political labor demand curve Labor Economics labor force participation labor market labor supply curve marginal cost marginal product migration minimum wage native number of workers particular payroll tax percent persons Political Economy present value profits Quarterly Journal rate of return reduces relative result return to schooling risky job sector shifts slope Statistics studies substitution effect supply curve Suppose typically unemployed unemployment rate union utility value of marginal wage differential wage gap wage increase wage rate wages and employment women