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Handbook of Labor Economics : v.2 - Orley C. Ashenfelter

Handbook of Labor Economics

v.2

By: Orley C. Ashenfelter (Editor), Richard Layard (Editor)

Hardcover

Published: 15th February 1987
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The Handbook brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. It serves as an introduction to what has been done in this field, while at the same time indicating possible future trends which will be important in both spheres of public and private decision-making.
Part 1 is concerned with the classic topics of labor supply and demand, the size and nature of the elasticities between the two, and their impact on the wage structure. This analysis touches on two fundamental questions: what are the sources of income inequality, and what are the disincentive effects of attempts to produce a more equal income distribution?
The papers in Part II proceed from the common observation that the dissimilarity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labor markets. And the last
section of the Handbook deals explicitly with the role of institutional structures (e.g. trade unions) that now form an important part of modern labor economics.

The quality of the papers of this volume is uniformly high. The editorial objectives have been achieved, and I expect that this handbook will become the standard reference work for many of the most important areas of labour economics. The Economic Journal The two very substantial and thorough volumes of this handbook together present a comprehensive survey of the state of the art in labour economics. The first volume deals with the supply of and demand for labour as well as problems of the wage structure; the second volume treats equilibrium, friction and institutional structures of the labour market. International Review of Social History

Labor Market Equilibrium and Friction
The employment relationship: Job attachment, work effort, and the nature of contracts
Job search and labor market analysis
The natural rate of unemployment: Explanation and policy
Cyclical fluctuations in the labor market
The Institutional Structures of the Labor Market
The analysis of union behavior
The economics of strikes
Union relative wage effects
Segmented labor markets
Public sector labor markets
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780444878571
ISBN-10: 0444878572
Series: Handbooks in Economics : Book 2
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 482
Published: 15th February 1987
Country of Publication: US
Dimensions (cm): 24.64 x 17.27  x 3.56
Weight (kg): 1.02
Edition Number: 4