[cover]

Wage and Employment Adjustment in Local Labor Markets

Randall W. Eberts, Federal Reserve Bank of Cleveland
Joe A. Stone, University of Oregon

 

Eberts and Stone have created dynamic models of labor supply and demand behavior for metropolitan labor markets. They 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." ILR 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

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    • 153 pp. 1992
    $15 paper ISBN 0-88099-116-X / ISBN-13 978-0-88099-116-2.
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