Handbook of Labor Economics

What new tools and models can economists use to understand how individuals participate in labor markets?"Developments in Resarch Methods and Their Applications" (volume 4A) and "New Developments and Research on Labor Markets" (volume 4B) propose answers to this and other questions on important topics of public policy. By mixing conceptual models and empirical research, leading labor economists demonstrate how better data and advanced experiments help them apply economic theory, yielding sharper analyses and conclusions. Their chapters reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. Concentrates on empirical research in specific labor markets, including those defined by age, gender, and race Documents how conceptual models and empirical work explain important practical issues Demonstrates what these new tools and techniques can accomplish