Recent Developments in Labor Economics (International Library of Critical Writings in Economics)
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`This collection of papers offers new perspectives on the classic topics of labor economics, drawing on analyses of labor markets around the world. The papers use ingenious methods to capture how the interplay between market forces and institutions determines labor market outcomes. As a compendium of recent "must read" research contributions, this volume belongs in the library of all labor economists.' - Robert J. Flanagan, Stanford University, US `A fine collection of modern classics which have shaped and altered our thinking about labor economics. Even in times of internet access to many journals, these are three volumes that deserve to be placed on your book shelves as standard references.' - Claus Schnabel, University of Erlangen-Nuremberg, Germany `In this 3 volume collection of papers John Addison covers 13 topics and includes 70 papers published between 1984 and 2006. These papers, almost all of which are empirically based, are designed to give a flavour of the increasingly sophisticated techniques that have been used to tease out the underlying relationships in areas ranging from labour demand to personnel economics. Labour economists will find it most helpful to have so many outstanding recent papers readily available in these three volumes.' - P.J. Sloane, University of Wales Swansea, UK This comprehensive set of papers charts the main developments in contemporary labor economics, with an emphasis on issues of measurement. Topics covered in the first volume include the effects of adjustment costs on employment and the modeling of family choice in labor supply. Key themes explored in the second volume include the role of unobserved worker characteristics in obscuring the tradeoff between wages and benefits, payment systems in circumstances where results are verifiable and nonverifiable, formal unemployment duration analysis, and sex biased hiring. The third volume tackles some of the more controversial themes in modern labor economics. The editor has provided an insightful new introduction which gives a comprehensive overview of the themes discussed.
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