Adverse Selection in the Labor Market

First published in 1979. This thesis describes the theoretical impact on labour markets of a process of adverse selection similar to that described in outline by George Arthur Akerlof. This title will be of great interest to students of economics and business studies.

Autorentext

Greenwald, Bruce C. N.

Inhalt

1. Introduction 2. Two Period Models 3. Three and Multi-Period Models 4. An Application: The Market for Slaves in Pre-Civil War New Orleans 5. Welfare Implications and Conclusions; Bibliography