£136.81

Routledge - The Economics of Prevailing Wage Laws Book

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Description

Explore the complex landscape of labor economics with The Economics of Prevailing Wage Laws, part of the Alternative Voices in Contemporary Economics series. This text examines the impact of prevailing wage laws on the United States construction industry at both Federal and State levels. Readers will learn about the history of these regulations, starting with the federal Davis-Bacon Act of 1931. The book traces the expansion of these laws, noting that by 1969, four fifths of States had enacted legislation. It also covers the fiscal challenges faced in the 1970s when States considered repealing laws to reduce construction costs, and the subsequent shifts in policy since 1979. This book provides a detailed look at how contractors on government works are required to pay wage rates and fringe benefits that are prevailing for similar work. It is an essential resource for those studying labor economics, construction industry regulations, and the history of economic policy in America.

Key Features

Covers Federal and State level prevailing wage laws affecting the United States construction industry.

Provides historical context starting from the 1931 Davis-Bacon Act.

Analyzes the expansion of state legislation through the late 1960s.

Examines the fiscal crises of the 1970s and the resulting efforts to reduce construction costs through law repeal.

Part of the Alternative Voices in Contemporary Economics series by Routledge.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 January 2005
Listed Since
09 December 2006

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