This study reviews both the static and dynamic theories of labour demand, and provides summaries of available empirical research. It establishes a framework for analyzing the impact of policies such as payroll taxes, unemployment insurance, minimum wages and others.
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Editorial Reviews
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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 --This text refers to the Paperback edition.
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 --This text refers to the Paperback edition.
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