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 literatureand its coverage of the latest theoretical, methodological, and empirical developments make it alsoa valuable resource for practicing labor economists. This second edition has beensubstantially updated and augmented. It incorporates examples drawn from many countries, and itpresents 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 describingthe 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 leversavailable 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 theunemployed. Theories are explained on the basis of the simplest possible models, which are in turnrelated to empirical results. Mathematical appendixes provide a toolkit for understanding themodels.
