Demand for Labor: The Neglected Side of the Market

ISBN : 9780198791379

Daniel S. Hamermesh; Klaus F. Zimmerman; Corrado Giulietti
464 Pages
135 x 216 mm
Pub date
Feb 2017
IZA Prize in Labor Economics
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The book collects articles published by Daniel Hamermesh between 1969 and 2013 dealing with the general topic of the demand for labor. The first section presents empirical studies of basic issues in labor demand, including the extent to which different types of labor are substitutes, how firms' and workers' investments affect labor turnover, and how costs of adjusting employment affect the dynamics of employment and patterns of labor turnover. The second section examines the impacts of various labor-market policies, including minimum wages, penalty pay for using overtime hours or hours worked on weekends or nights, severance pay for displaced workers, and payroll taxes to finance unemployment insurance benefits. The final section deals with general questions of discrimination by employers along various dimensions, including looks, gender and ethnicity, in all cases focusing on the process of discrimination and the behavior that results. Throughout the focus is on the development of theoretically-based hypotheses and testing them using the most appropriate data, often data collected uniquely for the particular project.


Corrado Giulietti and Klaus F. Zimmermann: Introduction by the Editors
1 Labor Market Competition among Youths, White Women and Others
2 Spectral Analysis of the Relation between Gross Employment Changes and Output Changes, 1958-1966
3 Labor Demand and the Structure of Adjustment Costs
4 Labor Demand and the Source of Adjustment Costs
5 Turnover and the Dynamics of Labor Demand
6 Job Turnover and Labor Turnover: A Taxonomy of Employment Dynamics
7 Minimum Wages and the Demand for Labor
8 The Demand for Hours of Labor: Direct Evidence From California
9 The Timing of Labor Demand
10 The Costs of Worker Displacement
11 Policy Equilibria in a Federal System: The Effects of Higher Tax Ceilings for Unemployment Insurance
12 Beauty and the Labor Market
13 Tall or Taller, Pretty or Prettier: Is Discrimination Absolute or Relative?
14 Beauty, Productivity and Discrimination: Lawyers' Looks and Lucre
15 What is Discrimination? Gender in the American Economic Association, 1935-2004
16 Strike Three: Discrimination, Incentives, and Evaluation
Where Has Research on Labor Demand Been? Where Is It Going?

About the author: 

Professor in Economics, Royal Holloway University of London and Sue Killam Professor Emeritus in the Foundation of Economics at the University of Texas at Austin. He is Network Director of the Institute for the Study of Labor (IZA) and Editor-in-Chief of the World of Labor. He has taught at Princeton, Michigan State, and Texas and has held visiting professorships at universities in North America, Europe, Australia and Asia. He is a Fellow of the Econometric Society and the Society of Labor Economists, a Research Associate of the National Bureau of Economic Research and the Institute for the Study of Labor (IZA), and Past President of the Society of Labor Economists and of the Midwest Economics Association. In 2013 he received the biennial Mincer Award for Lifetime Contributions to Labor Economics of the Society of Labor Economists; the annual IZA Prize in Labor of the Institute for the Study of Labor; and the biennial John R. Commons Award of the international economics honor society.

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