Personnel Economics in Imperfect Labour Markets read TXT, MOBI, FB2
9780199280667 English 0199280665 Personnel economics, the use of economics for studying human resource issues, is becoming a standard course in business and economics departments around the world. Indeed, after being successfully introduced in North American business schools, the teaching of personnel economics is now growingin Europe and in the rest of the world. Yet, most of the traditional analysis of personnel economics assumes a perfectly competitive labour market, a situation in which wages are fully flexible and dismissals can take place at no cost. Such a setting is inappropriate for most European markets, wherewage rigidity and wage compression are widespread phenomena, and where employment protection legislation is very stringent. Personnel Economics in Imperfect Labour Markets aims to describe key personnel issues when firms and human resource managers act in highly regulated labour markets. Written tobe accessible to students, the book provides original answers to questions which have previously been left to specialized academic journals. Should hiring take place under temporary or permanent contracts? How can we provide compensation related incentives when minimum wages are binding? How de wesolve the employment/hours trade-off? These questions and more are discussed within the text., This comprehensive textbook on personnel economics is the first of its kind to be written with reference to imperfect markets. Building on traditional analysis which assumes perfectly competitive labour markets, this book introduces students to the key personnel issues faced when firms and management act in highly regulated markets.
9780199280667 English 0199280665 Personnel economics, the use of economics for studying human resource issues, is becoming a standard course in business and economics departments around the world. Indeed, after being successfully introduced in North American business schools, the teaching of personnel economics is now growingin Europe and in the rest of the world. Yet, most of the traditional analysis of personnel economics assumes a perfectly competitive labour market, a situation in which wages are fully flexible and dismissals can take place at no cost. Such a setting is inappropriate for most European markets, wherewage rigidity and wage compression are widespread phenomena, and where employment protection legislation is very stringent. Personnel Economics in Imperfect Labour Markets aims to describe key personnel issues when firms and human resource managers act in highly regulated labour markets. Written tobe accessible to students, the book provides original answers to questions which have previously been left to specialized academic journals. Should hiring take place under temporary or permanent contracts? How can we provide compensation related incentives when minimum wages are binding? How de wesolve the employment/hours trade-off? These questions and more are discussed within the text., This comprehensive textbook on personnel economics is the first of its kind to be written with reference to imperfect markets. Building on traditional analysis which assumes perfectly competitive labour markets, this book introduces students to the key personnel issues faced when firms and management act in highly regulated markets.