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    Modern Labor Economics

    ISBN-10: 0321311531
    ISBN-13: 9780321311535
    Author(s): Robert S. Smith, Ronald G. Ehrenberg
    Description: This text is the product of the authors' three decades experience in teaching labor market economics and conducting research aimed at influencing public policy. The authors develop the modern theory of labor market behavior, summarize empirical  More...
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    Publisher: Addison-Wesley Educational Publishers Inc
    Pages: 672
    Size: 6.41" wide x 7.78" long x 0.81" tall
    Weight: 1.716

    This text is the product of the authors' three decades experience in teaching labor market economics and conducting research aimed at influencing public policy. The authors develop the modern theory of labor market behavior, summarize empirical evidence supporting or contradicting each hypothesis, and illustrate the usefulness of various theories for public policy analysis. Theory is presented within context nontraditional, business, historical, and cross-cultural through numerous detailed policy examples in each chapter. This thoroughly revised Ninth Edition includes updated material throughout, plus new chapters on frictions in the labor market, and a new boxed feature focused on empirical techniques.

    Introduction
    Overview of the Labor Market
    The Demand for Labor
    Labor Demand Elasticities
    Frictions in the Labor Market
    Supply of Labor to the Economy: The Decision to Work
    Labor Supply: Household Production, the Family, and the Life Cycle
    Compensating Wage Differentials and Labor Markets
    Investments in Human Capital: Education and Training
    Worker Mobility: Migration, Immigration, and Turnover
    Pay and Productivity: Wage Determination Within the Firm
    Gender, Race, and Ethnicity in the Labor Market
    Unions and the Labor Market
    Inequality in Earnings
    Unemployment
    Answers to Odd-Numbered Review Questions and Problems
    Name Index
    Subject Index

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