The new edition of a widely used comprehensive graduate-level text and professional reference
covering all aspects of labor economics with substantial new material. This landmark
graduate-level text combines depth and breadth of coverage with recent cutting-edge work in
all the major areas of modern labor economics. Its command of the literature and its coverage
of the latest theoretical methodological and empirical developments make it also a valuable
resource for practicing labor economists. This second edition has been substantially updated
and augmented. It incorporates examples drawn from many countries and it presents empirical
methods using contributions that have proved to be milestones in labor economics. The data and
codes of these research publications as well as numerous tables and figures describing the
functioning of labor markets are all available on a dedicated website
(www.labor-economics.org) along with slides that can be used as course aids and a discussion
forum. This edition devotes more space to the analysis of public policy and the levers
available to policy makers with new chapters on such topics as discrimination globalization
income redistribution employment protection and the minimum wage or labor market programs for
the unemployed. Theories are explained on the basis of the simplest possible models which are
in turn related to empirical results. Mathematical appendixes provide a toolkit for
understanding the models.
