Book Cover
Author McConnell, Campbell R.

Title Contemporary labor economics / Campbell R. McConnell, Stanely L. Brue, David A. Macpherson
Edition Fifth edition
Published Boston : Irwin/McGraw-Hill, [1999]


Location Call no. Vol. Availability
 W'PONDS  331 Mcc/Cle 1999  AVAILABLE
Description xix, 649 pages : illustrations ; 25 cm
Contents Machine derived contents note: 1 Labor Economics: Introduction and Overview -- Labor Economics as a Discipline, The "Old" and the "New", Economic Perspective, Overview, Payoffs -- 2 The Theory of Individual Labor Supply -- The Work-Leisure Decision: Basic Model, Applying and Extending the Model -- 3 Population, Participation Rates, and Hours of Work -- The Population Base, Becker's Model: The Allocation of Time, Participation Rates: Defined and Measured, Secular Trend of Participation Rates, Cyclical Changes in Participation Rates, Hours of Work: Two Trends -- 4 Labor Quality: Investing in Human Capital -- Investment in Human Capital: Concept and Data, The Human Capital Model, Human Capital Investment and the Distribution of Earnings, On-the-Job Training, Criticisms of Human Capital Theory -- 5 The Demand for Labor -- Derived Demand for Labor, A Firm's Short-Run Production Function, Short-Run Demand for Labor: The Perfectly Competitive Seller, Short-Run Demand for Labor: The Imperfectly Competitive Seller, The Long-Run Demand for Labor, The Market Demand for Labor, Elasticity of Demand, Determinants of Labor Demand, Real-World Applications -- 6 Wage Determination and the Allocation of Labor -- Theory of a Perfectly Competitive Labor Market, Wage and Employment Determination: Monopoly in the Product Market, Monopsony, Unions and Wage Determination, Bilateral Monopoly, Wage Determination: Delayed Supply Responses -- 7 Alternative Pay Schemes and Labor Efficiency -- Economics of Fringe Benefits, Theory of Optimal Fringe Benefits, The Principal-Agent Problem, Pay for Performance, Efficiency Wage Payments, Deferred Payment Schemes, Labor Market Efficiency Revisited -- 8 The Wage Structure -- Perfect Competition: Homogenous Workers and Jobs, The Wage Structure: Observed Differentials, Wage Differentials: Heterogeneous Jobs, Wage Differentials: Heterogeneous Workers, The Hedonic Theory of Wages, Wage Differentials: Labor Market Imperfections -- 9 Mobility, Migration and Efficiency -- Types of Labor Mobility, Migration as an Investment in Human Capital, The Determinants of Migration: A Closer Look, The Consequences of Migration, Capital and Product Flows, U.S. Immigration Policy and Issues -- 10 Labor Unions and Collective Bargaining -- Why Unions?, Labor Unionism: Facts and Figures, Unionism's Decline, Are Unions Maximizers?, Collective Bargaining: A Complex Transaction, A Model of the Bargaining Process -- 11 The Economic Impact of Unions -- The Union Wage Advantage, Efficiency and Productivity, Firm Profitability, Distribution of Earnings, Other Issues: Inflation, Unemployment, and Income Shares -- 12 Government and the Labor Market: Employment, Expenditures, and Taxation -- Public-Sector Employment and Wages, The Military Sector: The Draft Versus the Voluntary Army, Nonpayroll Spending by Government: Impact on Labor, Labor Market Effects of Publicly Provided Goods and Services, Income Taxation and the Labor Market -- 13 Government and the Labor Market: Legislation and Regulation -- Labor Law, Minimum-Wage Law, Occupational Health and Safety Regulation, Government as Rent Provider -- 14 Theories of Labor Market Discrimination -- Discrimination and Its Dimensions, Taste-for-Discrimination Model, Market Power: The Monopsony Model, Theory of Statistical Discrimination, The Crowding Model: Occupational Segregation -- 15 Women, Blacks and the Labor Market -- Gender and Racial Differences, Cause and Effect: Nondiscriminatory Factors, Antidiscrimination Policies and Issues -- 16 Job Search: External and Internal -- External Job Search, Internal Labor Markets -- 17 The Personal Distribution of Earnings -- Describing the Distribution of Earnings, Explaining the Distribution of Earnings, Mobility Within the Earnings Distribution, Rising Earnings Inequality -- 18 Labor Productivity: Wages, Prices, and Unemployment -- The Productivity Concept, Importance of Productivity Increases, Long-Run Trend of Labor Productivity, Cyclical Changes in Productivity, Productivity and Employment, The Productivity Slowdown -- 19 Employment and Unemployment -- Employment and Unemployment Statistics, Macroeconomic Output and Employment Determination, Frictional Unemployment, Structural Unemployment, Demand-Deficient Unemployment, The Distribution of Unemployment, Reducing Unemployment: Public Policies
Notes Previous ed.: 1995
Bibliography Includes bibliographical references and indexes
Subject Labor economics -- United States.
Labor economics.
Author Brue, Stanley L., 1945-
Macpherson, David A., 1960-
LC no. 98029110
ISBN 007046040X (alk. paper)