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Regulatory Reform and Labor Markets

  • James┬áPeoples

Part of the Recent Economic Thought Series book series (RETH, volume 61)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. James Peoples
    Pages 1-14
  3. Curtis Grimm, Robert J. Windle, Barnali Gupta
    Pages 15-60
  4. Barry T. Hirsch, David A. Macpherson, Marcus Alexis
    Pages 61-124
  5. Wayne K. Talley, Ann V. Schwarz-Miller, Michael Belzer
    Pages 125-182
  6. David Card, Lisa Saunders
    Pages 183-247
  7. John S. Heywood, Kaye G. Husbands
    Pages 287-362
  8. James Peoples
    Pages 363-374
  9. Back Matter
    Pages 375-390

About this book

Introduction

Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and productivity, the effect on labor markets has not received the same scrutiny. Firms in these industries are of major importance to business operations in other industries because they provide the critical services of transporting goods and transmitting information. This may partly explain such extensive research on the product market aspects of regulatory reform. Examining labor markets in the transportation and telecommunications industries is also highly warranted, as historically these industries represented some of the most heavily unionized sectors in the economy.
The extent to which regulatory reform has encouraged product market competition may not necessarily result in the same degree of competition across industries. Regulatory Reform and Labor Markets debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model. This is achieved by presenting diverging views on wage and employment determination in distinctly different deregulated industries.

Keywords

competition deregulation earnings employment labor market labor markets regulation

Editors and affiliations

  • James┬áPeoples
    • 1
  1. 1.University of Wisconsin- MilwaukeeUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-011-4856-6
  • Copyright Information Kluwer Academic Publishers 1998
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-6034-9
  • Online ISBN 978-94-011-4856-6
  • Series Print ISSN 0924-199X
  • Buy this book on publisher's site
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