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"Emerging Labor Market Institutions for the Twenty-First Century" provides the first indepth assessment of how effectively labor market institutions are responding to the decline of private sector unions. This important volume provides case studies of new labor market institutions and new directions for existing institutions. While non-union institutions are unlikely to fill the gap left by the decline of unions, the findings suggest that emerging groups and unions might together improve some dimensions of worker well-being. "Emerging Labor Market Institutions" is the story of workers and institutions in flux, searching for ways to represent labor in the new century.
Richard B. Freeman is the Herbert Ascherman Professor of Economics at Harvard University, program director of labor studies at the NBER, and senior research fellow at the Centre for Economic Performance of the London School of Economics. Joni Hersch is professor of law and economics at Vanderbilt University. Lawrence Mishel is president of the Economic Policy Institute. He is coauthor of The State of Working America.