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This comprehensive textbook on personnel economics is the first of its kind to be written with reference to imperfect markets. Building on traditional analysis which assumes perfectly competitive labour markets, this book introduces students to the key personnel issues faced when firms and management act in highly regulated markets.

Increase in life expectancy is arguably the most remarkable by-product of modern economic growth. In the last 30 years we have gained roughly 2.5 years of longevity every decade, both in Europe and the United States. Successfully managing aging and longevity over the next twenty years is one of the major structural challenges faced by policy makers in advanced economies, particularly in health spending, social security administration, and labor market institutions. This book looks closely into those challenges and identifies the fundamental issues at both the macroeconomic and microeconomic...

This comprehensive textbook on personnel economics is the first of its kind to be written with reference to imperfect markets. Building on traditional analysis which assumes perfectly competitive labour markets, this book introduces students to the key personnel issues faced when firms and management act in highly regulated markets.

While Europe is certainly one of the richest and most educated areas of the world, some of the challenges faced by the old continent are staggering: low economic growth, structural difficulties in the labour market, and increasing international competition. Politicians and policymakers may advocate different means of overcoming the potential economic decline of Europe, but most agree that Europe needs to strengthen human capital, its ultimate competitive advantage in the world economy.
This book looks at the accumulation of human capital from two perspectives, first through formal...