Labor Demand

(Paperback)

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Description

Provides a comprehensive picture of the disparate field of labor demand. This book reviews both the static and dynamic theories of labor demand, and uses theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others.

Reviews

"Do we need a book concentrating solely on the demand side of the labor market There are ... strong reasons why the answer is yes... Hamermesh is to be congratulated for providing a text that will stimulate a greater interest in the study of labor demand."--Robert A. Hart, Journal of Political Economy "In addition to discussing the relevant theoretical aspects in the field, Hamermesh spares no effort in providing tabular surveys of the vast empirical literature. Confronting theoretical models with empirical 'facts' of how a firm's labor demand responses to exogenous shocks provides ... 'a dose of reality to the more fanciful flights of macroeconomic theory.'... The book is ... essential reading."--Christoph R. Weiss, Kyklos

Author Bio

Daniel S. Hamermesh is Edward Everett Hale Centennial Professor of Economics at the University of Texas at Austin. He is the coauthor of The Economics of Work and Pay, and he is a major contributor to the Handbook of Labor Economics.