If they did, it was often possible to infer underlying structure (tastes and technology, for example) from actual behaviour. Using this approach, Rosen was able to develop powerful insights into such phenomena as the enormous salaries paid to sports and entertainment stars and top business executives. He also explored with fruitful results the premium paid to workers in risky jobs, learning and experience in the labour market, and other labour market phenomena.
Buy Markets and Diversity book by Sherwin Rosen from Australia's Online Bookstore, Boomerang Books.
(235mm x 155mm x 27mm)
Harvard University Press
Publisher: Harvard University Press
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Author Biography - Sherwin Rosen
Sherwin Rosen was Professor of Economics at the University of Chicago and former president of the American Economic Association.