The book moves back and forth between factual data and theoretical
reasoning. The space devoted to theory reflects the profound
theoretical restructuring in the field that has taken place in the
last thirty years; the authors present these developments within a
unified pedagogic framework. The teaching methods are based on
mathematical models, with the mathematical analyses laid out
clearly, and the derivation of most results given in five
mathematical appendixes that provide a toolkit for understanding
the models.
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. Labor Economics is the only textbook
available for advanced graduate students in the field, and it will
be widely used; because of its command of the literature and the
freshness of the material included, it will also prove to be a
valuable resource for practicing labor economists. The book moves
back and forth between factual data and theoretical reasoning. The
space devoted to theory reflects the profound theoretical
restructuring in the field that has taken place in the last thirty
years; the authors present these developments within a unified
pedagogic framework. The teaching methods are based on mathematical
models, with the mathematical analyses laid out clearly, and the
derivation of most results given in five mathematical appendixes
that provide a toolkit for understanding the models.
This book will prove a landmark. The field of labor economics has not yet had a technically oriented text, and this book fills the gap. The scholarship is most impressive, and the authors should be congratulated.
"A complete graduate labor text! The theory is current yet absolutely clear, and the links to empirical work explicit. Throughout, the authors stress the relevance of the theory and empirical results for policy questions."--Daniel S. Hamermesh, Centennial Professor of Economics, University of Texas at Austin
Pierre Cahuc is Professor of Economics at the University of Paris 1, Pantheon-Sorbonne, Professor at the Ecole Polytechnique, and Research Fellow at EUREQua, CREST, CEPR, and IZA. Andre Zylberberg is Research Director at CNRS, Professor of Economics at the Ecole Polytechnique, and Research Fellow at EUREQua-University of Paris 1, Pantheon-Sorbonne.
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