Synopses & Reviews
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.
About the Author
Pietro Garibaldi is currently a Professor of Economics at the University of Turin, and acts as Economic Counselor to the Italian Ministry of Finance. He is also head of Labor Studies for the Fondazione Debenedetti, and research fellow at Igier Milan, CEPR and IZA. He holds a Phd in Economics from the London School of Economics. He was previously an economist in the IMF Research Department and an Associate Professor of Economics at Bocconi University.
Table of Contents
1. Preface
2. Personnel Economics and Non-Competitive Labour Markets
3. The Optimal Skill Ratio
4. The Hours-Employment Trade-Off
5. Temporary or Permanent?
6. Managing Adverse Selection in Recruiting
7. Optimal Compensation Schemes
8. Pay for Performance with Wage Constraints
9. Further Issues in Compensation
10. Training and Human Capital Investment
11. Training Investment in Imperfect Labour Markets
12. Job Destruction
13. Further Issues in Employment Protection Legislation
14. Teams and Group Incentives
Appendices
1. Preface
2. Personnel Economics and Non-Competitive Labour Markets
3. The Optimal Skill Ratio
4. The Hours-Employment Trade-Off
5. Temporary or Permanent?
6. Managing Adverse Selection in Recruiting
7. Optimal Compensation Schemes
8. Pay for Performance with Wage Constraints
9. Further Issues in Compensation
10. Training and Human Capital Investment
11. Training Investment in Imperfect Labour Markets
12. Job Destruction
13. Further Issues in Employment Protection Legislation
14. Teams and Group Incentives
Appendices