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Modern Labor Economics: Theory and Public Policy, 9/E
ISBN-10: 0321305035
ISBN-13: 9780321305039
Publisher: Prentice Hall
Copyright: 2006
Format: Cloth; 672 pp
Published: 04/26/2005
Description
This text is the product of the authors' three decades experience in teaching labor market economics and conducting research aimed at influencing public policy.
The authors develop the modern theory of labor market behavior, summarize empirical evidence supporting or contradicting each hypothesis, and illustrate the usefulness of various theories for public policy analysis. Theory is presented within context – nontraditional, business, historical, and cross-cultural –through numerous detailed policy examples in each chapter. This thoroughly revised Ninth Edition includes updated material throughout, plus new chapters on frictions in the labor market, and a new boxed feature focused on empirical techniques.
Features
- Integrates the policy applications of modern economic theory.
- Extensive coverage of labor economics is focused on the critical elements for a cogent, cohesive, and streamlined presentation.
- The latest data, events, and literature in the field, particularly in immigration and child care issues.
- Discussion and review questions, sorted from easy to difficult, allow students to apply what they've learned to specific policy issues.
- Boxed Examples illustrate an application of each chapter's theory in a nontraditional, historical, business, or cross-cultural setting. These examples look at captivating topics like the wages of vendors in sports stadiums and the bias in selection of musicians by symphony orchestras.
- End of Chapter Reading Lists refer students to more advanced sources of study.
New To This Edition
- Updated coverage of the latest data and recent events in labor economics is integrated throughout the text.
- NEW Chapter 5, Frictions in the Labor Market, looks at fixed costs facing employers. It explores the Law of One price, employer side concerns like adding workers or increasing hours, and employee issues such as training.
- NEW emphasis on empirical evidence. Empirical feature boxes highlight studies and research issues such as natural experiments, cross section, time series, and fixed effects. Empirical issues will be introduced in early chapters, and later chapters will build upon the basic concepts adding complexity as the book progresses.
- NEW discussion of job training and human capital from the perspectives of employers and employees in Chapter 9.
Table of Contents
1. Introduction.
2. Overview of the Labor Market.
3. The Demand for Labor.
4. Labor Demand Elasticities.
5. Frictions in the Labor Market.
6. Supply of Labor to the Economy: The Decision to Work.
7. Labor Supply: Household Production, the Family, and the Life Cycle.
8. Compensating Wage Differentials and Labor Markets.
9. Investments in Human Capital: Education and Training.
10. Worker Mobility: Migration, Immigration, and Turnover.
11. Pay and Productivity: Wage Determination Within the Firm.
12. Gender, Race, and Ethnicity in the Labor Market.
13. Unions and the Labor Market.
14. Inequality in Earnings.
15. Unemployment.
Answers to Odd-Numbered Review Questions and Problems.
Name Index.
Subject Index.
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Ehrenberg & Smith
©2012 | Prentice Hall | Cloth; 672 pp | Instock
ISBN-10: 0132540649 | ISBN-13: 9780132540643
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Ehrenberg & Smith
©2006
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Prentice Hall
|
On-line Supplement
|
Live
ISBN-10: 0321334604 |
ISBN-13: 9780321334602
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| | | More Info |
Websites and Online Courses
Ehrenberg & Smith
©2006
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Prentice Hall
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On-line Supplement
|
Live
ISBN-10: 0321334604 |
ISBN-13: 9780321334602
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