Labor Economics

This landmark textbook published by The MIT Press 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 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. The book 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 (with corresponding data and do files) describing the functioning of labor markets, are all available on this website along with slides that can be used as course aids. For each chapter, we provide 3 sets of slides (with pdf, tex files and figures). A «basic» set, that can be used to teach the basics of the chapter to undergraduate students; an «advanced» set, with more advanced material for graduate students; and a «complete» set that you can use to elaborate your own courses. There are also slides provided by users of Labor Economics. (Publisher's abstract)