Measurement of Labor Cost

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aggregate
business
capitalism
Category=KCF
compensation
controls programs
cps
demand elasticities
economic models
economics
economy
employer behavior
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
fringe benefits
implicit markets
income
inflation
manufacturing
nominal wage growth
nonfiction
nonwage elements
pensions
policy
production cost
specialized labor
wage-measurement

Product details

  • ISBN 9780226812564
  • Weight: 879g
  • Dimensions: 15 x 28mm
  • Publication Date: 01 Sep 1983
  • Publisher: The University of Chicago Press
  • Publication City/Country: US
  • Product Form: Hardback
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Measuring costs of labor as a portion of total production costs has never before been treated so thoroughly or so thoughtfully. Moreover, contrary to most recent labor research, this book focuses on the demand side—the employer's point of view—and the behavior studied is employer behavior.

An introductory essay by the editor provides a useful guide to current thought in the analysis of labor cost. Other papers give new insights into problems encountered in accounting for the nonwage elements of labor compensation, the effect of pensions and other benefits, and the wage-measurement questions raised by incomes policies. In addition, there is a wealth of valuable new data on labor costs in the United States.

Labor economists, statisticians, econometric modelers, and advisers to government and industry will welcome this up-to-date and comprehensive treatment of the costs of production.