Much labor economics textbooks pay little attention to actual labor markets, together with the exception of the occasional reference to competitive labor markets like this of the United States. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfectly competitive labor markets and to offer a systematic framework for analyzing how labor institutions function and interact in these markets.
The Economics of Imperfect Labor Markets examines the many institutions this affect the behavior of workers and employers in imperfect labor markets. These contain minimum wages, employment protection legislation, unemployment benefits, active labor market policies, working time regulations, family policies, collective bargaining, early retirement programs, and education and migration policies. Written for complex undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their results, and discusses how these institutions are today being changed by political and economic forces.