Occupational labor shortages: Concepts, causes, consequences, and cures

There has long been concern that shortages sometimes develop and persist in specific occupations, leading to inefficiencies in the U.S. economy. This book will help readers understand why occupational shortages arise, how to know a shortage when it is present, and to assess strategies to alleviate the shortage. As the authors show, many economists, including several U.S. Nobel Prize winners, have studied occupational shortages, and this volume builds on their work.