Labor Economics and Industrial Relations: Markets and Institutions (Wertheim Publications in Industrial Relations Revised edition)

Labor Economics and Industrial Relations: Markets and Institutions (Wertheim Publications in Industrial Relations Revised edition)

By: Clark Kerr (editor), Paul D. Staudohar (editor), George Patrick Schultz (foreword_author)Paperback

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Containing 23 original essays, this volume reviews the course of labour economics over more than two centuries since the publication of Adam Smith's "Wealth of Nations". It fully examines the contending theories, changing environmental contexts, evolving issues, and varied policies affecting labour's participation in the economy. Beginning with George P. Schultz, who provides the foreword, the contributors are among the most distinguished in labour economics and industrial relations. These essays apply the ideas for which they are best known. Highlights include John T. Dunlop on internal labour markets, John Kenneth Galbraith on power relationships in the economy, Robert M. Solow on explanation of unemployment, Jacob Mincer on human capital, Lloyd G. Reynolds on labour in developing countries, Richard A. Lester on wage differentials, Edward F. Denison on productivity, Richard Freeman on union/non-union differentials, F. Ray Marshall on human resource development, and Thomas A. Kochan on policy making. While the intellectual framework of the book looks partly to the past - explaining the labour factors in classical and neoclassical systems - its emphasis is on contemporary problems that will figure prominently in future developments, such as the operation of internal labour markets, dispute resolution, concession bargaining, equal employment opportunity and individual labour contracting. This book is intended to be of use to students and scholars of labour economics.

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Introduction - labour in the course of the development of economic thought, Clark Kerr; Part 1 The provinces of labour economics: the labour factor within the classical and neoclassical systems of economic analysis, George H. Hildebrand; Americanizing the labour problem - the Wisconsin School, Jack Barbash; the social economics revisionists - the "Real World" study of labour markets and institutions, Clark Kerr; human capital - a review, Jacob Mincer. Part 2 A central dispute - determinateness vs indeterminateness: the evolution of thought on the competitive nature of labour markets, Bruce E. Kaufman; wage differentials and minimum-wage effects, Richard A. Lester; modelling Third World labour markets, Lloyd G. Reynolds; occupational wage differentials, Albert E. Rees. Part 3 Other great issues: on labour's bargaining disadvantage, Melvin W. Reder; two (or three) ways of thinking about unemployment, Robert M. Solow; American exceptionalism in the labour market - union-nonunion differentials in the United States and other countries, Richard B. Freeman. Part 4 Internal labour markets - a new exploration: internal labour markets - theory and change, Paul S. Osterman; managing the workplace - from markets to manors, and beyond, Sanford M. Jacoby; organizations and human resources - internal and external markets, John T. Dunlop; explicit individual contracting in the labour market, David Lewin. Part 5 The new industrial state - what form is it taking?: countervailing power - memoir and modern reality, John Kenneth Galbraith; a decade of concession bargaining, Daniel J.B. Mitchell; changing patterns in dispute resolution, Peter Feuille; unions - a re-orientation to survive, Michael J. Piore. Part 6 Labour economics in a changing world: productivity - data and determinants, Edward F. Denison; the spectre of affirmative action, Jonathan S. Leonard; organizations and learning systems for a high-wage economy, Ray Marshall; principles for a post-new deal employment policy, Thomas A. Kochan.

Product Details

  • publication date: 04/03/2003
  • ISBN13: 9780674011403
  • Format: Paperback
  • Number Of Pages: 768
  • ID: 9780674011403
  • weight: 982
  • ISBN10: 0674011406
  • edition: Revised edition

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