The Measurement of labor cost (University of Chicago Press, 1983)
"Papers and discussion presented at the Conference on the Measurement of Labor Cost held in Williamsburg, Virginia, on 3 and 4 December 1981"--Pref
Includes bibliographical references and indexes
The Measurement of Labor Cost; Contents; Prefatory Note; 1. Introduction: An Essay on Labor Cost; I. Overview: Concepts, Methodology, and Data; II. Measures of Aggregate Labor Cost in the United States; III. Pensions and Benefits as Labor Cost Components; IV. Labor Cost Measures and Economic Policy Analysis; V. Data Appendixes; List of Contributors; Author Index; Subject Index
Measuring costs of labor as a portion of total production costs has never before been treated so thoroughly or so thoughtfully. Moreover, contrary to most recent labor research, this book focuses on the demand side?the employer's point of view?and the behavior studied is employer behavior. An introductory essay by the editor provides a useful guide to current thought in the analysis of labor cost. Other papers give new insights into problems encountered in accounting for the nonwage elements of labor compensation, the effect of pensions and other benefits, and the wage-measurement questions ra