The Economics of Imperfect Labor Markets, Third Edition
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The Economics of Imperfect Labor Markets, Third Edition

Tito Boeri, Jan van Ours

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eBook - PDF

The Economics of Imperfect Labor Markets, Third Edition

Tito Boeri, Jan van Ours

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The leading textbook on imperfect labor markets and the institutions that affect them—now completely updated and expanded Today's labor markets are witnessing seismic changes brought on by such factors as rising self-employment, temporary employment, zero-hour contracts, and the growth of the sharing economy. This fully updated and revised third edition of The Economics of Imperfect Labor Markets reflects these and other critical changes in imperfect labor markets, and it has been significantly expanded to discuss topics such as workplace safety, regulations on self-employment, and disability and absence from work. This new edition also features engaging case studies that illustrate key aspects of imperfect labor markets.Authoritative and accessible, this textbook examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, family policies, equal opportunity legislation, collective bargaining, early retirement programs, and education and migration policies. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are being transformed today.

  • Fully updated to reflect today's changing labor markets
  • Significantly expanded to discuss a wealth of new topics, including the impact of the COVID-19 pandemic
  • Features quantitative examples, new case studies, data sets that enable users to replicate results in the literature, technical appendixes, and end-of-chapter exercises
  • Unique focus on institutions in imperfect labor markets
  • Self-contained chapters cover each of the most important labor-market institutions
  • Instructor's manual available to professors—now with new exercises and solutions

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Información

Editorial
Princeton University Press
Año
2021
ISBN
9780691208824
Categoría
Economics
Categoría
Labour Economics
100
80
60
40
20
0
2005m1
2010m1
2015m1
2020m1
Jobs
Housing
Terrorism
Credit
FIGURE
1.1.
Google
trends
they
typically
hold
beliefs,
in
several
cases
rather
misleading
ones,
as
to
how
labor
markets
operate.
To
give
a
few
examples,
the
layperson
oſten
believes
that
1.
there
is
a
fixed
number
of
jobs
so
that
early
retirement
or
a
reduc-
tion
in
working
hours
generates
new
employment
opportunities
for
the
unemployed,
2.
wages
can
be
arbitrarily
set
by
policymakers
independently
of
the
law
of
demand
and
supply,
and
3.
stronger
job
protection
increases
employment.
It
is
sufficient
to
look
at
some
aggregate
statistics
to
grasp
how
these
perceptions
can
be
misleading.
Is
the
Number
of
Jobs
Fixed?
According
to
common
wisdom,
labor
markets
are
like
a
bus
in
rush
hour:
Someone
must
get
out
first
to
let
someone
else
get
in.
However,
there
is
no
reason
the
number
of
jobs
should
be
fixed
over
time.
This
is
clear
from
figure
1.2,
which
displays
employment
rates
(i.e.,
the
number
of
persons
working
as
a
percentage
of
the
working-age
population)
in
the
European
Union,
Japan,
and
the
United
States
in
the
last
20
years.
Employment
rates
have
been
on
an
upward
trend
everywhere.
When
they
have
not
2
1.
Overview

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