Description

The branch of economics concerned with the allocation of resources in the labor market addresses some of the most difficult issues facing governments and policy-makers at the beginning of the twenty-first century. The range of dizzying questions it seeks to answer include:

  • what is the impact of immigration on the wage and employment opportunities of native-born workers?

  • are government subsidies of investments in human capital an effective way to improve the economic well-being of disadvantaged workers?

  • what factors determine the distribution of wages?

  • what is the economic impact of trade unions?

  • why did the labor-force participation of women rise steadily throughout the past century in many industrialized countries?

In addition to its policy relevance, labor economics has played an important role in the development of modern economics as a whole. Because of the widespread availab

The Economics of Labor

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by George J. Borjas

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The branch of economics concerned with the allocation of resources in the labor market addresses some of the most difficult... Read more

    Publisher: Taylor & Francis Ltd
    Publication Date: 6/12/2014
    ISBN13: 9780415577267, 978-0415577267
    ISBN10: 0415577268

    Non Fiction , Business, Finance & Law

    Description

    The branch of economics concerned with the allocation of resources in the labor market addresses some of the most difficult issues facing governments and policy-makers at the beginning of the twenty-first century. The range of dizzying questions it seeks to answer include:

    • what is the impact of immigration on the wage and employment opportunities of native-born workers?

    • are government subsidies of investments in human capital an effective way to improve the economic well-being of disadvantaged workers?

    • what factors determine the distribution of wages?

    • what is the economic impact of trade unions?

    • why did the labor-force participation of women rise steadily throughout the past century in many industrialized countries?

    In addition to its policy relevance, labor economics has played an important role in the development of modern economics as a whole. Because of the widespread availab

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