The Measurement of Labor Cost : National Bureau of Economic Research Studies in Income and Wealth - Jack E. Triplett

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The Measurement of Labor Cost

By: Jack E. Triplett (Editor)

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Hardcover | 1 September 1983 | Edition Number 1

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Measuring costs of labor as a portion of total production costs has never before been treated so thoroughly or so thoughtfully. Moreover, contrary to most recent labor research, this book focuses on the demand side--the employer's point of view--and the behavior studied is employer behavior.
An introductory essay by the editor provides a useful guide to current thought in the analysis of labor cost. Other papers give new insights into problems encountered in accounting for the nonwage elements of labor compensation, the effect of pensions and other benefits, and the wage-measurement questions raised by incomes policies. In addition, there is a wealth of valuable new data on labor costs in the United States.
Labor economists, statisticians, econometric modelers, and advisers to government and industry will welcome this up-to-date and comprehensive treatment of the costs of production.

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You Can Find This Book In

Non-Fiction Economics Labour Economics Microeconomics

Prefatory Note
Introduction: An Essay on Labor Cost
Overview: Concepts, Methodology, and Data
The Fixed Employment Costs of Specialized Labor Walter

Structural Estimation in Implicit Markets
Analysis of Labor Cost: Data Concepts and Sources

Measures of Aggregate Labor Cost in the United States
Sectoral Measures of Labor Cost for the United States, 1948-1978
The Size Distribution of Wage and Nonwage Compensation: Employer Cost versus Employee Value

New Measures of Labor Cost: Implications for Demand Elasticities and Nominal Wage Growth

Intermetropolitan Wage Differentials in the United States George

Imputing Income in the CPS: Comments on "Measures of Aggregate Labor Cost in the United States"
Pensions and Benefits as Labor Cost Components
Estimating Wage-Fringe Trade-Offs: Some Data Problems

Fringe Benefits in Employee Compensation

The Effect of Pension Plans on the Pattern of Life Cycle Compensation

Labor Cost Measures and Economic Policy Analysis
Measuring Labor Compensation in Controls Programs
Wage Measurement Questions Raised by an Incomes Policy
Data
Appendixes
Current and Historical Availability of BLS Wage, Price, and Productivity Series by SIC Industries
Sectoral Labor Input
Labor Cost Series, Manufacturing and Private Business, 1953-1980
List of Contributors
Author Index
Subject Index
Table of Contents provided by Publisher. All Rights Reserved.

The Measurement of Labor Cost

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