ISBN-13: 9780762306930 / Angielski / Twarda / 2000 / 448 str.
How do technology, public works projects, mental health, race, gender, mobility, retirement benefits, and macroeconomic policies affect worker well-being? This volume contains 14 chapters utilizing current econometric techniques to answer this question. The findings include the following: (1) Technology gains explain over half the decline in US unemployment and over two-thirds the reduction in US inflation. (2) Universal health coverage would reduce US labour force participation by 3.3 per cent. (3) Blacks respond to regional rather than national changes schooling rates of return, perhaps implying a more local labour market for blacks than whites. (4) Employee motivation enhances labour force participation, on-the-job training, job satisfaction and earnings. (5) Male and female promotion and quit rates are comparable once one controls for individual and job characteristics. (6) Public works programs designed to increase a worker's skills do not always increase reemployment. And (7) US pension wealth increased about 20-25 per cent since the 1980s.