Modern Labor Economics

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Product details:

• ISBN 10: 1138218154
• ISBN 13: 978-1138218154
  
• Author: Ronald G. Ehrenberg, Robert S. Smith
  

Modern Labor Economics: Theory and Public Policy, now in its thirteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers 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 Ehrenberg and Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market.

Table contents:

Part 1. Introduction
Part 2. Overview of the Labor Market
Part 3. The Demand for Labor
Part 4. Labor Demand Elasticities
Part 5. Frictions in the Labor Market
Part 6. Supply of Labor to the Economy: The Decision to Work
Part 7. Labor Supply: Household Production, the Family, and the Life Cycle
Part 8. Compensating Wage Differentials and Labor Markets
Part 9. Investments in Human Capital: Education and Training
Part 10. Worker Mobility: Migration, Immigration, and Turnover
Part 11. Pay and Productivity: Wage Determination Within the Firm
Part 12. Gender, Race, and Ethnicity in the Labor Market
Part 13. Unions and the Labor Market
Part 14. Unemployment
Part 15. Inequality in Earnings
Part 16. The Labor-Market Effects of International Trade and Production Sharing

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