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Labor and Employment Law and Economics
The economic analysis of labor and employment law is a bold effort to apply economic theory to explain important empirical facts about the regulation of the employment relationship and to provide positive predictions and normative analyses that are useful to policy-makers. This book draws together 24 chapters, by leading scholars in the field, summarizing the important theoretical and empirical work that has been done to date on a wide spectrum of labor and employment law topics including: regulating employment contracts, unions, collective bargaining, minimum wages, health insurance, executive pay, workers’ compensation, unemployment, occupational health and safety, discrimination, needs of families, training and slave labor, to name but a few.
More Information
Critical Acclaim
Contributors
Contents
More Information
The economic analysis of labor and employment law is a bold effort to apply economic theory to explain important empirical facts about the regulation of the employment relationship and to provide positive predictions and normative analyses that are useful to policy-makers. This book draws together 24 chapters, by leading scholars in the field, summarizing the important theoretical and empirical work that has been done to date on a wide spectrum of labor and employment law topics including: regulating employment contracts, unions, collective bargaining, minimum wages, health insurance, executive pay, workers’ compensation, unemployment, occupational health and safety, discrimination, needs of families, training and slave labor, to name but a few.
This volume is one of the first in a series on specific topics within law and economics which builds upon, updates and replaces Elgar’s very popular Encyclopedia of Law and Economics. It is designed as an essential starting point for academics and policy-makers who are interested in these topics.
This volume is one of the first in a series on specific topics within law and economics which builds upon, updates and replaces Elgar’s very popular Encyclopedia of Law and Economics. It is designed as an essential starting point for academics and policy-makers who are interested in these topics.
Critical Acclaim
‘This encyclopedic book lives up to its title. An up-to-date handbook of what we know on almost everything interesting and important in labor written by prominent economists, labor relations experts, and legal experts. The opening chapters lay out the intellectual framework linking law and economics in individual and collective employment contracts. Then comes a potpourri of topics from pay to benefits to regulations to discrimination to global labor markets to. . . you name it. Deeper and more complete than any textbook.’
– Richard B. Freeman, Harvard University, US, National Bureau of Economic Research and London School of Economics, UK
‘Labor and Employment Law and Economics presents the most recent theoretical and empirical work on a wide variety of labor and employment law issues. Bringing together contributions from first-rate scholars in the field, Dau-Schmidt, Harris and Lobel, have put together a great resource for academics and policy-makers on either side of the Atlantic who are
interested in these important issues.’
– John J. Donohue III, Yale Law School, US
‘This is a welcome and invaluable desktop companion for scholars, teachers, lawyers and policy-makers. Chapters by leading scholars from both law and economics cover an expansive array of topics on the regulation of work through the lens of economic analysis, concisely explaining theoretical foundations as well as identifying cutting-edge intellectual controversies. I recommend it most highly.’
– Gillian Lester, University of California Berkeley, School of Law, US
– Richard B. Freeman, Harvard University, US, National Bureau of Economic Research and London School of Economics, UK
‘Labor and Employment Law and Economics presents the most recent theoretical and empirical work on a wide variety of labor and employment law issues. Bringing together contributions from first-rate scholars in the field, Dau-Schmidt, Harris and Lobel, have put together a great resource for academics and policy-makers on either side of the Atlantic who are
interested in these important issues.’
– John J. Donohue III, Yale Law School, US
‘This is a welcome and invaluable desktop companion for scholars, teachers, lawyers and policy-makers. Chapters by leading scholars from both law and economics cover an expansive array of topics on the regulation of work through the lens of economic analysis, concisely explaining theoretical foundations as well as identifying cutting-edge intellectual controversies. I recommend it most highly.’
– Gillian Lester, University of California Berkeley, School of Law, US
Contributors
Contributors: P. Belser, J.S. Bhandari, R.N. Block, J.F. Burton, Jr., A. Cigno, K.G. Dau-Schmidt, S. Deakin, J.B. Forman, S.D. Harris, J.M. Hirsch, D.A. Hyman, J.P. Jacobsen, B.E. Kaufman, O. Lobel, L.M. Lynch, D.M. Mahony, S.A. Shapiro, S.J. Schwab, M.A. Stein, K.V.W. Stone, R.S. Thomas, A.R. Traynor, A.-S. Vandenberghe, J.H. Verkerke, H.N. Wheeler, F. Wilkinson, S.A. Woodbury, J. Zoninsein
Contents
Contents:
Introduction
PART I: THE ECONOMICS OF REGULATING THE LABOR MARKET
1. Labor Law and Employment Regulation: Neoclassical and Institutional Perspectives
Bruce E. Kaufman
PART II: GOVERNANCE AND SELF-GOVERNANCE OF EMPLOYMENT RELATIONSHIPS
2. Employment Contracts
Ann-Sophie Vandenberghe
3. Regulating Unions and Collective Bargaining
Kenneth G. Dau-Schmidt and Arthur R. Traynor
PART III: EMPLOYMENT TERMS AND CONDITIONS AND THEIR REGULATION
4. Investments in Adult Lifelong Learning
Lisa M. Lynch
5. Minimum Wage Legislation
Simon Deakin and Frank Wilkinson
6. Health Insurance
David A. Hyman
7. International Executive Pay: Current Practices and Future Trends
Randall S. Thomas
8. Workers’ Compensation
John F. Burton, Jr.
9. Occupational Safety and Health Regulation
Sidney A. Shapiro
10. Employment Discrimination
Stewart J. Schwab
11. Accommodating Families
Joyce P. Jacobsen
12. Workplace Disability
Seth D. Harris and Michael Ashley Stein
13. Adjudication of Workplace Disputes
Douglas M. Mahony and Hoyt N. Wheeler
PART IV: REGULATING EMPLOYMENT OF SPECIAL POPULATIONS
14. The Economics of Child Labour
Alessandro Cigno
15. The Economics of Slavery, Forced Labor and Human Trafficking
Patrick Belser
PART V: GOVERNING TERMINATION AND POST-EMPLOYMENT RELATIONSHIPS
16. Discharge
J.H. Verkerke
17. Unemployment
Stephen A. Woodbury
18. Intellectual Property and Restrictive Covenants
Orly Lobel
19. Pensions and Retirement
Jonathan Barry Forman
PART VI: GOVERNING GLOBAL LABOR MARKETS
20. Migration and Labor Markets: A Brief Survey
Jagdeep S. Bhandari
21. Employee Collective Action in a Global Economy
Jeffrey M. Hirsch
22. National Regulation in a Global Economy: New Governance Approaches to 21st Century Work Law
Orly Lobel
23. International Labor Standards and International Trade: An Economic Overview
Richard N. Block and Jonas Zoninsein
PART VII: THE FUTURE OF LABOR AND EMPLOYMENT LAW
24. A Labor Law for the Digital Era: The Future of Labor and Employment Law in the United States
Katherine V.W. Stone
Index
Introduction
PART I: THE ECONOMICS OF REGULATING THE LABOR MARKET
1. Labor Law and Employment Regulation: Neoclassical and Institutional Perspectives
Bruce E. Kaufman
PART II: GOVERNANCE AND SELF-GOVERNANCE OF EMPLOYMENT RELATIONSHIPS
2. Employment Contracts
Ann-Sophie Vandenberghe
3. Regulating Unions and Collective Bargaining
Kenneth G. Dau-Schmidt and Arthur R. Traynor
PART III: EMPLOYMENT TERMS AND CONDITIONS AND THEIR REGULATION
4. Investments in Adult Lifelong Learning
Lisa M. Lynch
5. Minimum Wage Legislation
Simon Deakin and Frank Wilkinson
6. Health Insurance
David A. Hyman
7. International Executive Pay: Current Practices and Future Trends
Randall S. Thomas
8. Workers’ Compensation
John F. Burton, Jr.
9. Occupational Safety and Health Regulation
Sidney A. Shapiro
10. Employment Discrimination
Stewart J. Schwab
11. Accommodating Families
Joyce P. Jacobsen
12. Workplace Disability
Seth D. Harris and Michael Ashley Stein
13. Adjudication of Workplace Disputes
Douglas M. Mahony and Hoyt N. Wheeler
PART IV: REGULATING EMPLOYMENT OF SPECIAL POPULATIONS
14. The Economics of Child Labour
Alessandro Cigno
15. The Economics of Slavery, Forced Labor and Human Trafficking
Patrick Belser
PART V: GOVERNING TERMINATION AND POST-EMPLOYMENT RELATIONSHIPS
16. Discharge
J.H. Verkerke
17. Unemployment
Stephen A. Woodbury
18. Intellectual Property and Restrictive Covenants
Orly Lobel
19. Pensions and Retirement
Jonathan Barry Forman
PART VI: GOVERNING GLOBAL LABOR MARKETS
20. Migration and Labor Markets: A Brief Survey
Jagdeep S. Bhandari
21. Employee Collective Action in a Global Economy
Jeffrey M. Hirsch
22. National Regulation in a Global Economy: New Governance Approaches to 21st Century Work Law
Orly Lobel
23. International Labor Standards and International Trade: An Economic Overview
Richard N. Block and Jonas Zoninsein
PART VII: THE FUTURE OF LABOR AND EMPLOYMENT LAW
24. A Labor Law for the Digital Era: The Future of Labor and Employment Law in the United States
Katherine V.W. Stone
Index
