Economics of Wage Determination

Economics of Wage Determination PDF Author: Heinz König
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 400

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Labor Markets and Wage Determination

Labor Markets and Wage Determination PDF Author: Clark Kerr
Publisher: Univ of California Press
ISBN: 9780520030701
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
USA. Compilation of essays on labour market analysis and wage determination after 1946 - discusses the disaggregation of the labour market, effects of trade unionism on wage determination and income distribution, the impact of wage policy restraints on labour relations, etc. References and statistical tables.

Labour Market Economics (Routledge Revivals)

Labour Market Economics (Routledge Revivals) PDF Author: D Sapsford
Publisher: Routledge
ISBN: 1135045585
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
First published in 1981, Labour Market Economics develops the basic economic theory of introductory courses within the context of labour market analysis and applies it both to particular features and special problems of the subject. The author begins by outlining the nature of the area and the structure of the UK labour market at the time, and proceeds to explain and elaborate the tools of theoretical analysis. These are then applied in subsequent chapters to a variety of issues, including the economic analysis of trade unions, collective bargaining and the effects of unions, unemployment, wage inflation and the inequality of pay. Throughout the book, emphasis is placed on the economic theory of the labour market and the role of empirical work in testing its predictions, and wherever available, evidence from studies of the UK labour markets is cited.

The Theory of Wage Determination

The Theory of Wage Determination PDF Author: J. Dunlop
Publisher: Springer
ISBN: 1349152056
Category : Business & Economics
Languages : en
Pages : 442

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Principles of Wage Determination

Principles of Wage Determination PDF Author: T. S. Papola
Publisher: Bombay : Somaiya Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
Study of wage determination factors in the cotton textile industry in India from 1939 to 1962 - covers theoretical aspects, economic implications of labour supply and labour demand, labour productivity, the cost of living, labour costs and profitability, the impact of trade union policies on the rise in wages, etc. Bibliography pp. 233 to 239 and statistical tables.

Myth and Measurement

Myth and Measurement PDF Author: David Card
Publisher: Princeton University Press
ISBN: 1400880874
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.

The Theory of Wages in Classical Economics

The Theory of Wages in Classical Economics PDF Author: Antonella Stirati
Publisher: Edward Elgar Publishing
ISBN: 9781782541332
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
'. . . there is much is Stirati's discussion of the natural wage which is of interest, and she explores quite carefully the role of institutional, cultural and social factors in the determination of the long-run wage rate.' - John Vint, Journal of the History of Economic Thought This important new book is the first specific study on the classical theory of wages to appear for more than 50 years and as such fills an important gap in the literature. Antonella Stirati argues that the wage-fund theory played no part in the theory of wages expounded by Ricardo and his predecessors. Classical wage theory is shown to be analytically consistent but very different from contemporary theory, particularly as it did not envisage an inverse relationship between employment and the real wage level, and hence a spontaneous tendency to full employment of labour. The author bases her approach not only on a reinterpretation of Smith and Ricardo, but also on the writings of Turgot, Necker, Steuart, Hume, Cantillon and other pre-classical economists.

The Wage Curve

The Wage Curve PDF Author: David G. Blanchflower
Publisher: MIT Press
ISBN: 9780262023757
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.

Wage-Determination Under Trade Unions

Wage-Determination Under Trade Unions PDF Author: John Thomas Dunlop
Publisher:
ISBN:
Category :
Languages : en
Pages : 230

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Book Description


The Structure of Wages

The Structure of Wages PDF Author: Edward P. Lazear
Publisher: University of Chicago Press
ISBN: 0226470512
Category : Business & Economics
Languages : en
Pages : 473

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Book Description
The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.