The Economics of Imperfect Labor Markets

The Economics of Imperfect Labor Markets

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Most labor economics textbooks pay little attention to actual labor markets, taking as reference a perfectly competitive market in which losing a job is not a b

Monopsony in Motion

Monopsony in Motion

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What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Ma

Chicago Price Theory

Chicago Price Theory

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An authoritative textbook based on the legendary economics course taught at the University of Chicago Price theory is a powerful analytical toolkit for measurin