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Labor economics and industrial relations : markets and institutions

Author: Clark Kerr; Paul D Staudohar
Publisher: Cambridge, Mass. : Distributed by Harvard University Press, 1994.
Series: Wertheim publications in industrial relations.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
In twenty-three original essays this book surveys the course of labor economics over the 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 labor's participation in the economy.
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Genre/Form: Aufsatzsammlung
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Clark Kerr; Paul D Staudohar
ISBN: 0674506413 9780674506411
OCLC Number: 29702578
Description: xxxvii, 704 pages ; 24 cm.
Contents: The labor factor within the classical and neoclassical systems of economic analysis / George H. Hildebrand --
Americanizing the labor problem: the Wisconsin School / Jack Barbash --
The social economics revisionists: the "real world" study of labor markets and institutions / Clark Kerr --
Human capital: a review / Jacob Mincer --
The evolution of thought on the competitive nature of labor markets / Bruce E. Kaufman --
Wage differentials and minimum-wage effects / Richard A. Lester --
Modeling Third World labor markets / Lloyd G. Reynolds --
Occupational wage differentials / Albert E. Rees --
On labor's bargaining disadvantage / Melvin W. Reder. Two (or three) ways of thinking about unemployment / Robert M. Solow --
American exceptionalism in the labor market: union-nonunion differentials in the United States and other countries / Richard B. Freeman --
Internal labor 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 labor market / David Lewin --
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 reorientation to survive / Michael J. Piore --
Productivity: data and determinants / Edward F. Denison --
The specter 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.
Series Title: Wertheim publications in industrial relations.
Responsibility: edited by Clark Kerr and Paul D. Staudohar.

Abstract:

In twenty-three original essays this book surveys the course of labor economics over the 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 labor's participation in the economy.

Beginning with George P. Shultz, who provides the foreword, the contributors are among the most distinguished scholars in labor economics and industrial relations. These essays represent some of their finest work and apply the ideas for which they are best known. Highlights include John T. Dunlop on internal labor 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 labor 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 labor factor in classical and neoclassical systems - its emphasis is on contemporary problems that will figure prominently in future developments, such as the operation of internal labor markets, dispute resolution, concession bargaining, equal employment opportunity, and individual labor contracting. This book is required reading for students and scholars of labor economics.

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