… that can have a dramatic impact on labor market opportunities, such as a “… labor economists
use to understand how the labor market works. The book also makes extensive use of labor …

… These are fresh facts, and they too have profoundly reshaped our conception of the labor
market. Today the labor economist conceives the labor market in a dynamic perspective that …

… One of the most important ideas in labor economics is to think of the set of marketable skills
… difference in remuneration that we observe in the labor market as due to human capital. For …

… These two papers are among the most heavily cited in labor economics, and the Oaxaca-Blinder
(OB) decomposition is now a standard tool in the toolkit of applied economists. A large …

… analysis of the labor market replaced institutional … of labor market issues and the institutions
that affect them. This period has been an exciting and rewarding time to be a labor economist…

Labor Economics has comprehensive coverage, and gives instructors the flexibility to tailor
their text precisely to the course that they want to teach. The text stresses problem solving, …

… , our focus is on topics of special interest to labor economists. This section also presents a
summary of empirical findings on the reliability of labor market data, and reviews the role of …

… which labor input is appropriately measured. Much of the measurement work … labor economics,
however, has reflected a labor supply perspective. When innovations in theoretical labor …

… programs and other active labor market policies as tools for … This chapter examines the
impacts of active labor market … a modest impact on participants’ labor market prospects. But at the …

… of the labor market and (b) … labor economists who have built theoretically motivated models
to explain the new data. The study of female labor supply stimulated early research in labor …