Handbook of Labor Economics by R Layard

Handbook of Labor Economics by R Layard

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Summary

Brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. This book intends to serve as an introduction to what has been done in this field, and indicates possible future trends in both spheres of public and private decision-making.

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Handbook of Labor Economics by R Layard

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 highThe 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
Stefano Castriota is Professor of Economics at the University of Pisa and a Certified Sommelier.
SKU Unavailable
ISBN 13 9780444878571
ISBN 10 0444878572
Title Handbook of Labor Economics
Author R Layard
Series Handbooks In Economics
Condition Unavailable
Binding Type Hardback
Publisher North Holland
Year published 1987-02-01
Number of pages 520
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.