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Labor Demand
Daniel S. Hamermesh

Paperback | 1996 | $90.00 | £74.95 | ISBN: 9780691025872
464 pp. | 6 x 9 1/4 | 41 line illustrations, 33 tables
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In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.


"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

Table of Contents:

List of Figures
List of Tables
Ch. 1 The Study of Labor Demand 3
Pt. 1 The Static Demand for Labor
Ch. 2 The Static Theory of Labor Demand 17
Ch. 3 Wage, Employment, and Substitution Elasticities 61
Ch. 4 Employment Demand and the Birth and Death of Firms 137
Ch. 5 Static Demand Policies 163
Pt. 2 The Dynamic Demand for Labor
Ch. 6 The Dynamic Theory of Labor Demand 205
Ch. 7 Estimates of the Dynamics of Employment and Hours 247
Ch. 8 Dynamic Demand Policies 298
Pt. 3 Some Applications
Ch. 9 Labor Demand and the Macroeconomy 335
Ch. 10 Labor Demand and the Economics of Development 364
Ch. 11 Conclusions, Data Requirements, and New Directions 391
References 403
Index 437

Other Princeton books authored or coauthored by Daniel S. Hamermesh:

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Hardcover published in 1993

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File created: 7/11/2017

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