Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by North Holland. This book was released on 1986 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines labour supply and demand and their impact on the wage structure. Explains the sources of income inequality, and the disincentive effects of attempts to produce a more equal distribution. Labour supply is considered in relation to the incentives which individuals have to provide labour services. Observes that heterogeneity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labour markets.