Handbook of Labor Economics, Volume 4A & B SET (Volume 4) (Handbooks in Economics, Volume 4)

What factors affect the ways individuals participate in labor markets? ''New Developments and Research on Labor Markets'' (volume 4B) proposes answers to this and other questions on important topics of public policy. Leading labor economists demonstrate how better data and advanced experiments help them apply economic theory, yielding sharper analyses and conclusions. The combinations of these improved empirical findings with new models enable the authors of these chapters to 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 Reveals how questions and answers about these markets have changed and how models measure them Documents how conceptual models and empirical work explain important practical issues Content: Front matter Pages i-iii Introduction to the series Page ii Copyright Page iv Contributors to volume 4b Pages ci-cii Chapter 9 - Earnings, Consumption and Life Cycle Choices Pages 773-854 Costas Meghir, Luigi Pistaferri Chapter 10 - Racial inequality in the 21st century: the declining significance of discrimination Pages 855-971 Fryer Roland G. Jr. Chapter 11 - Imperfect Competition in the Labor Market Pages 973-1041 Manning Alan Chapter 12 - Skills, Tasks and Technologies: Implications for Employment and Earnings Pages 1043-1171 Daron Acemoglu, David Autor Chapter 13 - Institutional Reforms and Dualism in European Labor Markets Pages 1173-1236 Boeri Tito Chapter 14 - Local Labor Markets Pages 1237-1313 Moretti Enrico Chapter 15 - Human capital development before age five Pages 1315-1486 Janet Currie, Douglas Almond Chapter 16 - Recent Developments in Intergenerational Mobility Pages 1487-1541 Sandra E. Black, Paul J. Devereux Chapter 17 - New Perspectives on Gender Pages 1543-1590 Bertrand Marianne Chapter 18 - Great Expectations: Law, Employment Contracts, and Labor Market Performance Pages 1591-1696 W. Bentley MacLeod Chapter 19 - Human Resource Management and Productivity Pages 1697-1767 Nicholas Bloom, John Van Reenen Chapter 20 - Personnel Economics: Hiring and Incentives Pages 1769-1823 Oyer Paul, Schaefer Scott Subject index to volume 4b Pages ciii-cxlii Subject index to volume 4a Pages cxliii-clxxv

What factors affect the ways individuals participate in labor markets?

"New Developments and Research on Labor Markets" (volume 4B) proposes answers to this and other questions on important topics of public policy. Leading labor economists demonstrate how better data and advanced experiments help them apply economic theory, yielding sharper analyses and conclusions. The combinations of these improved empirical findings with new models enable the authors of these chapters to 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
• Reveals how questions and answers about these markets have changed and how models measure them
• Documents how conceptual models and empirical work explain important practical issues

What new tools and models are enriching labor economics?

"Developments in Research Methods and their Application" (volume 4A) summarizes recent advances in the ways economists study wages, employment, and labor markets. Mixing conceptual models and empirical work, contributors cover subjects as diverse as field and laboratory experiments, program evaluation, and behavioral models. The combinations of these improved empirical findings with new models reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses.

• Investigates recent advances in methods and models used in labor economics
• Demonstrates what these new tools and techniques can accomplish
• Documents how conceptual models and empirical work explain important practical issues

What new tools and models are enriching labor economics?Developments in Research Methods and their Application, Volume 4A summarizes recent advances in the ways economists study wages, employment, and labor markets. Mixing conceptual models and empirical work, contributors cover subjects as diverse as field and laboratory experiments, program evaluation, and behavioral models. The combinations of these improved empirical findings with new models reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. Investigates recent advances in methods and models used in labor economics Demonstrates what these new tools and techniques can accomplish Documents how conceptual models and empirical work explain important practical issues 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. Examines labour supply and demand and their impact on the wage structure. Explains the sources of income inequality, and the disincentive effects of attempts to produce a more equal distribution. Labour supply is considered in relation to the incentives which individuals have to provide labour services. Observes that heterogeneity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labour markets