Fundamentals of Labor Economics

Fundamentals of Labor Economics

By Thomas Hyclak, Geraint Johnes, and Robert Thornton

Examine the essential aspects of modern labor economics from an international perspective with Hyclak/Johnes/Thornton's highly accessible FUNDAMENTALS OF LABOR ECONOMICS, 3E. This convenient, digital edition provides a comprehensive survey of economic theory and empirical evidence on purely competitive labor markets.

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Book Information

Publisher: Cengage Learning
Publish Date: 12/05/2012
Pages: 528
ISBN-13: 9781133561583
ISBN-10: 1133561586
Language: English

Full Description

Examine the essential aspects of modern labor economics from an international perspective with Hyclak/Johnes/Thornton's highly accessible FUNDAMENTALS OF LABOR ECONOMICS, 3E. This convenient, digital edition provides a comprehensive survey of economic theory and empirical evidence on purely competitive labor markets. These acclaimed authors examine the impact of imperfect competition, incomplete information and uncertainty, and institutional factors -- stemming from government regulation, unions, social norms, and human resource management policies -- on wages and employment opportunities. The latest updates address important issues today, such as wage and income inequality, labor market effects of international migration, the impact of occupational licensing on wages and employment, and labor aspects of the current "gig" economy. First-hand labor economics research and results further enhance your understanding of the world in which you will work and manage employees.

About the Authors

Geraint Johnes is Professor of Economics at Lancaster University Management School. His research focuses on labor economics and the economics of education, with a particular interest in the efficiency of educational provision. His recent papers include work on the gig economy and on the future of the high street.

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Robert Thornton is the MacFarlane Professor Emeritus of Economics at Lehigh University and an Associate Director of the Martindale Center for the Study of Private Enterprise. He has also served as chairman of Lehigh�s Department of Economics. His research interests lie in the areas of labor economics (particularly unionism in the public sector, occupational licensing, and labor market discrimination) and forensic economics.

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Thomas Hyclak is Professor of Economics Emeritus. His research has involved empirical studies of the determinants of wage levels, unemployment, and earnings distributions with an emphasis on urban/regional labor markets and developments in Poland and other transition economies. Dr. Hyclak has also published several studies of the impact of human resource management innovations and industrial relations activities on the performance of workers and their organizations.

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