Modern Labor Economics Theory and Public Policy 11th Edition by Ronald Ehrenberg, Robert Smith 9780132540643, 0132540649

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ISBN 10: 0132540649
ISBN 13: 9780132540643
Author: Ronald Ehrenberg, Robert Smith

Modern Labor Economics: Theory and Public Policy (11th Edition) by Ronald Ehrenberg and Robert Smith offers an in-depth exploration of the economics of labor markets. Now in its 11th edition, this comprehensive textbook provides a blend of classical economic theory and contemporary research, making it an essential resource for students and professionals interested in understanding the factors that influence labor supply, demand, and employment.

The book covers a wide array of topics including wage determination, labor market discrimination, human capital, unemployment, and the role of government policies in shaping labor markets. The 11th edition has been updated with the latest data, case studies, and policy examples, reflecting the dynamic and ever-changing nature of labor economics. It also emphasizes the intersection of economic theory and real-world applications, presenting key labor market issues from both a theoretical and practical perspective.

Key Features:

• Thorough analysis of labor market theory: Offers a clear understanding of the fundamental concepts that govern labor economics, from labor supply and demand to wage determination.
• Public policy focus: Examines the impact of government policies on the labor market, such as minimum wage laws, taxation, unemployment insurance, and education.
• Current and relevant case studies: Provides real-world examples and data to illustrate how labor economics theories apply in contemporary settings.
• Accessible yet rigorous: Written for both undergraduate and graduate students, balancing technical detail with clear explanations.

This edition continues to serve as an essential textbook for those studying labor economics or public policy, offering valuable insights into the relationship between labor markets and government action.

Modern Labor Economics Theory and Public Policy 11th 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

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Labor Economics,Ronald Ehrenberg,Robert Smith