Chapter 5. The Structure of Labor Exchange

  1. Joyce P. Jacobsen and
  2. Gilbert L. Skillman

Published Online: 14 JAN 2008

DOI: 10.1002/9780470755587.ch6

Labor Markets and Employment Relationships: A Comprehensive Approach

Labor Markets and Employment Relationships: A Comprehensive Approach

How to Cite

Jacobsen, J. P. and Skillman, G. L. (eds) (2004) The Structure of Labor Exchange, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch6

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9780631208365

Online ISBN: 9780470755587

SEARCH

Keywords:

  • labor exchange;
  • property rights;
  • labor market institutions;
  • exchange costs;
  • labor-owned firms

Summary

This chapter contains section titled:

  • ELEMENTAL FEATURES OF LABOR EXCHANGE Property rights and labor exchange

  • The scope for cooperation and conflict in labor exchange

  • EXCHANGE COSTS AND LABOR MARKET INSTITUTIONS

  • Matching

  • Negotiation

  • Enforcement

  • EXCHANGE COSTS AND THE STRUCTURE OF LABOR EXCHANGE

  • Capital- vs. labor-owned firms

  • Household wealth and firm ownership

  • Employment as a distinct form of exchange

  • CONCLUSION