The economic analysis of labor and employment law is a bold effort to apply economic theory to explain important empirical facts about the regulation of the employment relationship and to provide positive predictions and normative analyses that are useful to policy-makers. This book draws together 24 chapters, by leading scholars in the field, summarizing the important theoretical and empirical work that has been done to date on a wide spectrum of labor and employment law topics including: regulating employment contracts, unions, collective bargaining, minimum wages, health insurance, executive pay, workers' compensation, unemployment, occupational health and safety, discrimination, needs of families, training and slave labor, to name but a few. This volume is one of the first in a series on specific topics within law and economics which builds upon, updates and replaces Elgar's very popular "Encyclopedia of Law and Economics". It is designed as an essential starting point for academics and policy makers who are interested in these topics.
Contents: Introduction PART I: THE ECONOMICS OF REGULATING THE LABOR MARKET 1. Labor Law and Employment Regulation: Neoclassical and Institutional Perspectives Bruce E. Kaufman PART II: GOVERNANCE AND SELF-GOVERNANCE OF EMPLOYMENT RELATIONSHIPS 2. Employment Contracts Ann-Sophie Vandenberghe 3. Regulating Unions and Collective Bargaining Kenneth G. Dau-Schmidt and Arthur R. Traynor PART III: EMPLOYMENT TERMS AND CONDITIONS AND THEIR REGULATION 4. Investments in Adult Lifelong Learning Lisa M. Lynch 5. Minimum Wage Legislation Simon Deakin and Frank Wilkinson 6. Health Insurance David A. Hyman 7. International Executive Pay: Current Practices and Future Trends Randall S. Thomas 8. Workers' Compensation John F. Burton, Jr. 9. Occupational Safety and Health Regulation Sidney A. Shapiro 10. Employment Discrimination Stewart J. Schwab 11. Accommodating Families Joyce P. Jacobsen 12. Workplace Disability Seth D. Harris and Michael Ashley Stein 13. Adjudication of Workplace Disputes Douglas M. Mahony and Hoyt N. Wheeler PART IV: REGULATING EMPLOYMENT OF SPECIAL POPULATIONS 14. The Economics of Child Labour Alessandro Cigno 15. The Economics of Slavery, Forced Labor and Human Trafficking Patrick Belser PART V: GOVERNING TERMINATION OF EMPLOYMENT RELATIONSHIPS AND POST-EMPLOYMENT RELATIONSHIPS 16. Discharge J.H. Verkerke 17. Unemployment Stephen A. Woodbury 18. Intellectual Property and Restrictive Covenants Orly Lobel 19. Pensions and Retirement Jonathan Barry Forman PART VI: GOVERNING GLOBAL LABOR MARKETS 20. Migration and Labor Markets: A Brief Survey Jagdeep S. Bhandari 21. Employee Collective Action in a Global Economy Jeffrey M. Hirsch 22. National Regulation in a Global Economy: New Governance Approaches to 21st Century Work Law Orly Lobel 23. International Labor Standards and International Trade: An Economic Overview Richard N. Block and Jonas Zoninsein PART VII: THE FUTURE OF LABOR AND EMPLOYMENT LAW 24. A Labor Law for the Digital Era: The Future of Labor and Employment Law in the United States Katherine V.W. Stone
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