Promotional Information

This is the book to use for a graduate labor course anywhere in the world. The topics and research covered in the new edition are right up-to-date, and the level of the book is perfect for Ph.D. students. I used the earlier edition in my course and would use this too. -- Daniel S. Hamermesh, Professor in Economics, Royal Holloway University of London, and Sue Killam Professor Emeritus of Economics, University of Texas at Austin Labor Economics brings facts to motivate theory that is carefully exposed. Empirical methods and results are integrated with the theory and the book covers an exceptional range of topics, models, and empirical research. The depth and the range of topics make Labor Economics a required volume on the shelves of all academic economists. -- Zvi Eckstein, Dean, The School of Economics, The Interdisciplinary Center (IDC) Herzliya This is an impressive textbook. It will show graduate students that modern labor economics is an exciting area of research. -- Erik Plug, Professor of Economics, University of Amsterdam This is an excellent textbook that provides a comprehensive introduction to the principles of modern labor economics and clear, rigorous, intuitive expositions of the major models students will need to navigate the field. Each chapter begins with the basic theory underlying modern applications, and then leads into an overview of recent empirical implementations, usually focusing on one or two relevant papers, and discusses the common econometric challenges associated with each topic. This layout is very useful and intuitive for thinking about the problems and for tying theory to empirics. The book was a pleasure to read and helped shape my thinking about the proper way to introduce ideas into a graduate labor course and to demonstrate the power and flexibility of the models. -- Laura Turner, Assistant Professor of Economics, University of Toronto An encyclopedic, integrated, and thoroughly modern presentation of labor econoics, from supply and demand decisions to unemployment to the role and effects of institutions. Topics with which I am familiar have been given clear, concise, precise, balanced, and convincing treatment. This is an outstanding textbook. -- Olivier Blanchard, Department of Economics, MIT This book is an impressive achievement. It offers a uniquely comprehensive, technically in-depth, and up-to-date treatment of modern labor economics suitable for graduate teaching. -- David H. Autor, Department of Economics, MIT 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. -- Paul Ryan, Professor of Labour Economics, King's College London

About the Author

Pierre Cahuc is Professor of Economics at cole Polytechnique, Director of the Macroeconomic Laboratory at CREST-ENSAE, Program Director at IZA, Research Fellow at CEPR and member of the Council of Economic Analysis of the Prime Minister.

Stephane Carcillo is Associate Professor of Economics at the University of Paris 1, Pantheon-Sorbonne, a Senior Economist in the Directorate for Employment, Labor, and Social Affairs at the OECD, and a Research Fellow in the Department of Economics at Sciences Po (Paris) and at IZA Bonn.

Andre Zylberberg is Emeritus Research Director at the Centre National de la Recherche Scientifique (CNRS), and member of the Paris School of Economics (PSE).

Reviews

"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

"An encyclopedic, integrated, and thoroughly modern presentation of labor economics, from supply and demand decisions to unemployment to the role and effects of institutions. Topics with which I am familiar have been given a clear, concise, precise, balanced, and convincing treatment. This is an outstanding textbook."--Olivier Blanchard, Department of Economics, MIT

"This book is an impressive achievement. It offers a uniquely comprehensive, technically in-depth, and up-to-date treatment of modern labor economics suitable for graduate teaching."--David H. Autor, Department of Economics, MIT

"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."--Paul Ryan, Professor of Labour Economics, King's College, London

& quot; 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.& quot; --Daniel S. Hamermesh, Centennial Professor of Economics, University of Texas at Austin

& quot; An encyclopedic, integrated, and thoroughly modern presentation of labor economics, from supply and demand decisions to unemployment to the role and effects of institutions. Topics with which I am familiar have been given a clear, concise, precise, balanced, and convincing treatment. This is an outstanding textbook.& quot; --Olivier Blanchard, Department of Economics, MIT

& quot; This book is an impressive achievement. It offers a uniquely comprehensive, technically in-depth, and up-to-date treatment of modern labor economics suitable for graduate teaching.& quot; --David H. Autor, Department of Economics, MIT

& quot; 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.& quot; --Paul Ryan, Professor of Labour Economics, King's College, London

" 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

" An encyclopedic, integrated, and thoroughly modern presentation of labor economics, from supply and demand decisions to unemployment to the role and effects of institutions. Topics with which I am familiar have been given a clear, concise, precise, balanced, and convincing treatment. This is an outstanding textbook." --Olivier Blanchard, Department of Economics, MIT

" This book is an impressive achievement. It offers a uniquely comprehensive, technically in-depth, and up-to-date treatment of modern labor economics suitable for graduate teaching." --David H. Autor, Department of Economics, MIT

" 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." --Paul Ryan, Professor of Labour Economics, King's College, London

--Daniel S. Hamermesh, Centennial Professor of Economics, University of Texas at Austin

--David H. Autor, Department of Economics, MIT

--Olivier Blanchard, Department of Economics, MIT

--Paul Ryan, Professor of Labour Economics, King's College, London

""This book is an impressive achievement. It offers a uniquely comprehensive, technically in-depth, and up-to-date treatment of modern labor economics suitable for graduate teaching."