Wage and Employment Adjustment in Local Labor Markets Wage and Employment Adjustment in Local Labor Markets
Randall W. Eberts and Joe A. Stone
First Chapter | Table of Contents

153 pp. 1992
$15.00 paper 978-0-88099-116-2

Eberts and Stone create dynamic models of labor supply and demand behavior for metropolitan labor markets. They then use these models to simulate wage, employment, and personal income responses to local economic change, including changes brought about by governmental policy.

"Eberts and Stone have written a useful and interesting book. It provides a well-written survey of existing evidence and makes available some noteworthy new results." –Industrial and Labor Relations Review

"The book is worth its price just for the list of references, which would make a fine reading list for a master's level course." –Regional Science & Urban Economics