FREE SHIPPING BOTH WAYS
ON EVERY ORDER!
LIST PRICE:
$194.40
Sorry, this item is currently unavailable.
Contemporary Labor Economics
ISBN: 9780073511320 | 0073511323
Edition: 8thFormat: Hardcover
Publisher: McGraw-Hill/Irwin
Pub. Date: 10/5/2007
Why Rent from Knetbooks?
Because Knetbooks knows college students. Our rental program is designed to save you time and money. Whether you need a textbook for a semester, quarter or even a summer session, we have an option for you. Simply select a rental period, enter your information and your book will be on its way!
Top 5 reasons to order all your textbooks from Knetbooks:
- We have the lowest prices on thousands of popular textbooks
- Free shipping both ways on ALL orders
- Most orders ship within 48 hours
- Need your book longer than expected? Extending your rental is simple
- Our customer support team is always here to help
Contemporary Labor Economics, 8e presents the "new" labor economics. In the past, study of labor was highly descriptive, emphasizing historical developments, facts, institutions, and legal considerations. Labor markets and unemployment was given some attention, but the analysis was typically minimal. This state of affairs has changed significantly in recent decades. Economists have achieved important breakthroughs in studying labor markets and problems. Labor economics is increasingly an applied field of micro and macro theory and has become a ... MORE
| Preface | p. iv |
| Labor Economics: Introduction and Overview | p. 1 |
| Labor Economics as a Discipline | p. 1 |
| The "Old" and the "New" | p. 3 |
| Economic Perspective | p. 4 |
| Gary Becker: Nobel Laureate | p. 6 |
| Overview | p. 6 |
| Lotto Winners: Who Quit? | p. 10 |
| Payoffs | p. 11 |
| The Theory of Individual Labor Supply | p. 14 |
| The Work-Leisure Decision: Basic Model | p. 14 |
| Sleep Time Linked to Earnings | p. 30 |
| Applying and Extending the Model | p. 31 |
| The Carnegie Conjecture | p. 35 |
| More Flexible Work Schedules | p. 37 |
| New Overtime Rules | p. 38 |
| The Labor Supply Impact of the Earned Income Tax Credit | p. 46 |
| Population, Participation Rates, and Hours of Work | p. 52 |
| The Population Base | p. 53 |
| Becker's Model: The Allocation of Time | p. 54 |
| The Changing Face of America | p. 55 |
| Participation Rates: Defined and Measured | p. 59 |
| Secular Trend of Participation Rates | p. 60 |
| Fewer Teens Have Summer Jobs | p. 61 |
| The Later Male Retirement Puzzle | p. 65 |
| Many Wives Outearn Their Husbands | p. 67 |
| The Power of the Pill | p. 70 |
| Family and Medical Leave Act of 1993 | p. 74 |
| Cyclic Changes in Participation Rates | p. 76 |
| Hours of Work: Two Trends | p. 78 |
| Time Stress | p. 80 |
| Labor Quality: Investing in Human Capital | p. 85 |
| Investment in Human Capital: Concept and Data | p. 86 |
| The Human Capital Model | p. 87 |
| Recessions and the College Enrollment Rate | p. 95 |
| Twins, Education, and Earnings | p. 97 |
| Higher Education: Making the Right Choices | p. 101 |
| Human Capital Investment and the Distribution of Earnings | p. 104 |
| Reversal of the College Gender Gap | p. 110 |
| On-the-Job Training | p. 112 |
| Criticisms of Human Capital Theory | p. 119 |
| How Much Is a Standardized Test Point Worth? | p. 123 |
| The Demand for Labor | p. 128 |
| Derived Demand for Labor | p. 128 |
| A Firm's Short-Run Production Function | p. 129 |
| Short-Run Demand for Labor: The Perfectly Competitive Seller | p. 134 |
| Short-Run Demand for Labor: The Imperfectly Competitive Seller | p. 136 |
| The Long-Run Demand for Labor | p. 139 |
| Why Has Manufacturing Employment Fallen? | p. 143 |
| The Market Demand for Labor | p. 143 |
| Comparative Advantage and the Demand for Labor | p. 146 |
| Elasticity of Labor Demand | p. 146 |
| Determinants of Demand for Labor | p. 152 |
| Offshore Outsourcing of White-Collar Jobs | p. 156 |
| Real-World Applications | p. 156 |
| Occupational Employment Trends | p. 158 |
| Isoquant-Isocost Analysis of the Long-Run Demand for Labor | p. 164 |
| Isoquant Curves | p. 164 |
| Isocost Curves | p. 166 |
| Least-Cost Combination of Capital and Labor | p. 167 |
| Deriving the Long-Run Labor Demand Curve | p. 168 |
| Wage Determination and the Allocation of Labor | p. 171 |
| Theory of a Perfectly Competitive Labor Market | p. 171 |
| The Fall and Rebound of Real Earnings, 1979-2006 | p. 177 |
| Wage and Employment Determination: Monopoly in the Product Market | p. 181 |
| Monopsony | p. 183 |
| Unions and Wage Determination | p. 187 |
| Pay and Performance in Professional Baseball | p. 188 |
| The WTO, Trade Liberalization, and Labor Standards | p. 191 |
| Has Deunionization Increased Earnings Inequality? | p. 197 |
| Bilateral Monopoly | p. 198 |
| NAFTA and American Labor | p. 201 |
| Wage Determination: Delayed Supply Responses | p. 201 |
| Do Medical Students Know How Much Doctors Earn? | p. 204 |
| Alternative Pay Schemes and Labor Efficiency | p. 210 |
| Economics of Fringe Benefits | p. 210 |
| Theory of Optimal Fringe Benefits | p. 213 |
| Does Health Insurance Cause "Job Lock"? | p. 219 |
| The Principal-Agent Problem | p. 220 |
| Pay for Performance | p. 221 |
| Why Is There Academic Tenure? | p. 223 |
| Participant Direction in Pension Plans | p. 229 |
| Efficiency Wage Payments | p. 232 |
| What Is a Good CEO Worth? | p. 233 |
| The Ford Motor Company's $5 per Day Wage | p. 236 |
| Labor Market Efficiency Revisited | p. 238 |
| The Wage Structure | p. 243 |
| Perfect Competition: Homogeneous Workers and Jobs | p. 243 |
| The Wage Structure: Observed Differentials | p. 244 |
| Wage Differentials: Heterogeneous Jobs | p. 247 |
| The Economics of the Oldest Profession | p. 250 |
| Wage Inequality and Skill-Biased Technological Change | p. 254 |
| Smoking Is Bad for Your Financial Health | p. 256 |
| Wage Differentials: Heterogeneous Workers | p. 256 |
| Do Former College Athletes Earn More Than Nonathletes? | p. 259 |
| The Hedonic Theory of Wages | p. 260 |
| Compensating Pay for Shift Work | p. 264 |
| Placing a Value on Human Life | p. 266 |
| Wage Differentials: Labor Market Imperfections | p. 266 |
| Mobility, Migration, and Efficiency | p. 275 |
| Types of Labor Mobility | p. 275 |
| Migration as an Investment in Human Capital | p. 277 |
| Determinants of Occupational Tenure | p. 278 |
| The Determinants of Migration: A Closer Look | p. 279 |
| The Consequences of Migration | p. 283 |
| Capital and Product Flows | p. 293 |
| U.S. Immigration Policy and Issues | p. 295 |
| Human Trafficking | p. 297 |
| What Jobs Do Illegal Aliens Hold? | p. 301 |
| Labor Unions and Collective Bargaining | p. 305 |
| Why Unions? | p. 305 |
| Labor Unionism: Facts and Figures | p. 306 |
| A Divorce in the Union Movement | p. 312 |
| Unionism's Decline | p. 315 |
| Should the Right to Hire Permanent Strikebreakers Be Rescinded? | p. 319 |
| Will the Internet Help Revive Unions? | p. 323 |
| What Do Unions Want? | p. 324 |
| Strikes and the Bargaining Process | p. 328 |
| The Economic Impact of Unions | p. 335 |
| The Union Wage Advantage | p. 335 |
| A Tale of Two Industries | p. 343 |
| The Highest-Paid Blue-Collar Workers | p. 344 |
| Efficiency and Productivity | p. 346 |
| Labor Strife and Product Quality | p. 351 |
| Unions and Investment | p. 357 |
| Firm Profitability | p. 357 |
| Distribution of Earnings | p. 359 |
| Other Issues: Inflation, Unemployment, and Income Shares | p. 363 |
| Government and the Labor Market: Employment, Expenditures, and Taxation | p. 368 |
| Public Sector Employment and Wages | p. 369 |
| What Do Government Workers Do? | p. 371 |
| Public Sector Unions: Are They Unique? | p. 374 |
| The Military Sector: The Draft versus the Voluntary Army | p. 375 |
| Nonpayroll Spending by Government: Impact on Labor | p. 378 |
| Private Military Companies | p. 379 |
| Labor Market Effects of Publicly Provided Goods and Services | p. 381 |
| Income Taxation and the Labor Market | p. 384 |
| Who Pays the Social Security Payroll Tax? | p. 391 |
| Government and the Labor Market: Legislation and Regulation | p. 394 |
| Labor Law | p. 394 |
| Minimum Wage Law | p. 399 |
| Living Wage Laws | p. 405 |
| Occupational Health and Safety Regulation | p. 407 |
| The Effect of Workers' Compensation on Job Safety | p. 415 |
| Government as a Rent Provider | p. 416 |
| Lawyers Attempt to Disbar Competition from Software | p. 420 |
| Labor Market Discrimination | p. 425 |
| Gender and Racial Differences | p. 425 |
| The Gender Pay Gap: An International Comparison | p. 427 |
| Discrimination and Its Dimensions | p. 432 |
| It Pays to Be Good-Looking | p. 434 |
| Taste for Discrimination Model | p. 435 |
| Competition and Discrimination | p. 439 |
| Theory of Statistical Discrimination | p. 440 |
| The Crowding Model: Occupational Segregation | p. 442 |
| Women's Entry into Selected Professions | p. 448 |
| Cause and Effect: Nondiscriminatory Factors | p. 449 |
| The Gender Pay Gap: Slowing Convergence | p. 453 |
| Antidiscrimination Policies and Issues | p. 454 |
| Orchestrating Impartiality | p. 457 |
| Job Search: External and Internal | p. 463 |
| External Job Search | p. 464 |
| Job Search and the Internet | p. 466 |
| Internal Labor Markets | p. 471 |
| Are Long-Term Jobs Vanishing? | p. 472 |
| The Distribution of Personal Earnings | p. 483 |
| Describing the Distribution of Earnings | p. 483 |
| Explaining the Distribution of Earnings | p. 489 |
| Mobility within the Earnings Distribution | p. 497 |
| Cross-Country Differences in Earnings Mobility Across Generations | p. 498 |
| Government Employment and the Earnings Distribution | p. 499 |
| Rising Earnings Inequality | p. 500 |
| Labor Productivity: Wages, Prices, and Employment | p. 508 |
| The Productivity Concept | p. 508 |
| Importance of Productivity Increases | p. 512 |
| Long-Run Trend of Labor Productivity | p. 516 |
| Is Public Capital Productive? | p. 519 |
| Cyclic Changes in Productivity | p. 521 |
| Productivity and Employment | p. 524 |
| A "New Economy"? | p. 530 |
| Employment and Unemployment | p. 536 |
| Employment and Unemployment Statistics | p. 536 |
| New Data on Job Gains and Losses | p. 543 |
| Macroeconomic Output and Employment Determination | p. 545 |
| Frictional Unemployment | p. 547 |
| Structural Unemployment | p. 549 |
| Downsizing and College Graduates | p. 551 |
| The Danish Flexicurity Model | p. 552 |
| Demand-Deficient Unemployment | p. 553 |
| The Distribution of Unemployment | p. 556 |
| Reducing Unemployment: Public Policies | p. 559 |
| Information Sources in Labor Economics | p. 565 |
| Sources of Labor Statistics | p. 565 |
| Applications, New Theories, Emerging Evidence | p. 573 |
| Textbooks and Research Surveys | p. 579 |
| Glossary | p. 581 |
| Answers to "Your Turn" Questions | p. 596 |
| Name Index | p. 600 |
| Subject Index | p. 607 |
| Table of Contents provided by Ingram. All Rights Reserved. |
