New Developments in the Labor Market: Toward a New Institutional

The structure of employer/employee relationships is changing. These original contributions report on new developments taking place in today's labor market and on the role of public policy in shaping that process. They provide an illuminating description of the current state of internal labor market theory and practice, document the evolution of trends in the public and private sectors, and are joined in a concern for disadvantaged and unemployed workers that is all too rare in scholarly work. A central theme is the adaptation of labor market institutions to the important environmental changes of recent years, including the shift to an international marketplace for goods and services, the spread of new workplace technologies, new work force demographics, and changing conceptions of the role that government should be expected to play. Katharine Abraham is Associate Professor of Economics at the University of Maryland. Robert McKersie is Professor of Industrial Relations at the Sloan School of Management at MIT. Contents: Introduction, Katharine G. Abraham. Norms and Cycles: The Dynamics of Nonunion Industrial Relations in the United States, 1897-1987, Sanford M. Jacoby. The Effects of Worker Participation in Management, Profits and Ownership of Assets on Enterprise Performance, Michael A. Conte, Jan Svenjar. Restructuring the Employment Relationship: The Growth of MarketMediated Work Arrangements, Katharine G. Abraham. The Evolving Role of Small Business and Some Implications for Employment and Training Policy, Gary W. Loveman, Michael J. Piore, Werner Sengeneberger. Employment Security and Employment Policy: An Assessment of the Issues, Paul Osterman, Thomas A. Kochan. The Equity and Efficiency of job Security: Contrasting Perspectives on Collective Dismissal Laws in Europe, Susan N. Houseman. ContinuousProcess Technologies and the Gender Gap in Manufacturing Wages, Susan B. Carter, Peter Philips. Reducing Gender and Racial Inequality: The Role of Public Policy, Peter Gottschalk. Government and the Labor Market, Robert M. Solow.