Overview

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. 　 This new edition continues to offer: a balance of relevant, contemporary examples; coverage of the current economic climate; introduction to basic methodological techniques and problems; tools for review and further study. In addition to providing updated data and examples throughout, the thirteenth edition offers greater coverage of inequality, healthcare policy, and labor-replacing technologies. The text is also supported by a full range of companion online materials.

Full Product Details

Author:   Ronald G. Ehrenberg ,  Robert S. Smith
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Edition:   13th New edition
Weight:   1.792kg
ISBN:  

9781138218154

ISBN 10:   1138218154
Pages:   752
Publication Date:   09 August 2017
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

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

Reviews

'Modern Labor Economics incorporates current policy issues while maintaining a strong focus on economic theory. The summaries of seminal academic works are indisputably important for bolstering student knowledge, and the inclusion of real-world applications makes the research far more comprehensible to a broader audience.' - Dr. Tongzhe Li, Department of Applied Economics and Statistics, University of Delaware, USA.

Author Information

Ronald G. Ehrenberg is the Irving M. Ives Professor of Industrial and Labor Relations and Economics at Cornell University, USA. Robert S. Smith is the Associate Dean for Academic Affairs in the School of Industrial and Labor Relations at Cornell University, USA.

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