The Economics of Earnings

Download or read book The Economics of Earnings written by Solomon W. Polachek and published by Cambridge University Press. This book was released on 1993-01-28 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Earnings analyses the wages that people earn, the jobs they do, and the labour market laws and rules within which they operate. Moving away from the conventional emphasis on point-in-time one-period decisions, it stresses informed worker choice over the life-cycle - the human capital approach. Within this framework, the book synthesises research results so as to point the way to better labour market policies. Government policy is often directed towards labour market issues such as education subsidies, training programmes, health and safety laws, and employment protection laws. By using models based on informed worker choice - the supply side - this book will assist concerned individuals in government, industry and academic study to evaluate and improve labour market policies and practices.