Hart, Robert A. Moutos, Thomas

Human Capital, Employment & Bargaining - New York, NY, USA Cambridge University Press 1995 - 204 pages - J5 06



This book examines human capital investment, employment and bargaining at the level of the firm. It attempts a summary of results that incorporate both human capital investment and employment decisions within firm union bargaining models, emphasising investment in teams, or groups, of workers. The authors also examine human capital in relation to labour demand as well as the delineation between neoclassical and coalitional firms. Further they investigate connections between, on the one hand, turnover costs and firm-specific human capital and, on the other, unemployment. Labour market policy topics recur throughout the book and include the choice between pure wage and profit sharing remuneration systems, the issue of whether training should be subsidized by governments, and work-sharing versus layoff decisions. This book is aimed mainly at the academic economics profession, but is easily accessible to final-year undergraduate and postgraduate students. (Source: Publisher)


9780521453264


employment
human capital
labor relations
theory
unemployment
wages

IndustrialRelations Labor PoliticalScience
Deutsche Post Stiftung
 
Istitute of Labor Economics
 
Institute for Environment & Sustainability
 

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