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Author Triplett, Jack E
Title The Measurement of Labor Cost
Imprint Chicago : University of Chicago Press, 1983
©1983
book jacket
Descript 1 online resource (556 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series National Bureau of Economic Research Studies in Income and Wealth ; v.48
National Bureau of Economic Research Studies in Income and Wealth
Note Intro -- The Measurement of Labor Cost -- Contents -- Prefatory Note -- 1. Introduction: An Essay on Labor Cost -- I. Overview: Concepts, Methodology, and Data -- 2. The Fixed Employment Costs of Specialized Labor -- Comment -- 3. Structural Estimation in Implict Markets -- 4. Analysis of Labor Cost: Data Concepts and Sources -- Comment -- II. Measures of Aggregate Labor Cost in the United States -- 5. Sectoral Measures of Labor Cost for the United States, 1948-1978 -- 6. The Size Distribution of Wage and Nonwage Compensation: Employer Cost versus Employee Value -- Comment -- 7. New Measures of Labor Cost: Implications for Demand Elasticities and Nominal Wage Growth -- Comment -- 8. Intermetropolitan Wage Differentials in the United States -- Comment -- 9. Imputing Income in the CPS: Comments on "Measures of Aggregate Labor Cost in the United States" -- III. Pensions and Benefits as Labor Cost Components -- 10. Estimating Wage-Fringe Trade-Offs: Some Data Problems -- Comment -- 11. Fringe Benefits in Employee Compensation -- Comment -- 12. The Effect of Pension Plans on the Pattern of Life Cycle Compensation -- Comment -- IV. Labor Cost Measures and Economic Policy Analysis -- 13. Measuring Labor Compensation in Controls Programs -- 14. Wage Measurement Questions Raised by an Incomes Policy -- V. Data Appendixes -- Appendix A. Current and Historical Availability of BLS Wage, Price, and Productivity Series by SIC Industries -- Appendix B. Sectoral Labor Input -- Appendix C. Labor Cost Series, Manufacturing and Private Business, 1953-1980 -- List of Contributors -- Author Index -- Subject Index
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
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Triplett, Jack E. The Measurement of Labor Cost Chicago : University of Chicago Press,c1983 9780226812564
Subject Employee fringe benefits -- United States -- Congresses.;Labor costs -- United States -- Congresses
Electronic books
Alt Author Triplett,
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