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Modern Labor Economics
Theory and Public Policy

By Ronald G. Ehrenberg, Robert S. Smith
Edition 13rd Edition
First Published 31 July 2017
eBook Published 31 July 2017
Pub. location New York
Imprint Routledge
Pages 776 pages
eBook ISBN 9781351590136
Subjects Economics, Finance, Business & Industry


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ABOUT THIS BOOK

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.

TABLE OF CONTENTS
[tr]Chapter  1 | 27 pagesIntroduction
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  2 | 37 pagesOverview of the Labor Market
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  3 | 38 pagesThe Demand for Labor
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  4 | 39 pagesLabor Demand Elasticities
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  5 | 41 pagesFrictions in the Labor Market
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  6 | 48 pagesSupply of Labor to the Economy: The Decision to Work
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  7 | 38 pagesLabor Supply: Household Production, the Family, and the Life Cycle
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  8 | 42 pagesCompensating Wage Differentials and Labor Markets
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  9 | 50 pagesInvestments in Human Capital: Education and Training
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  10 | 38 pagesWorker Mobility: Migration, Immigration, and Turnover
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  11 | 43 pagesPay and Productivity: Wage Determination Within the Firm
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  12 | 59 pagesGender, Race, and Ethnicity in the Labor Market
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  13 | 57 pagesUnions and the Labor Market
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  14 | 44 pagesUnemployment
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  15 | 33 pagesInequality in Earnings
By Ronald G. Ehrenberg, Robert S. Smith


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Chapter  16 | 32 pagesThe Labor-Market Effects of International Trade and Production Sharing
By Ronald G. Ehrenberg, Robert S. Smith


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