The new edition of a widely used, comprehensive graduate-level text and professional reference covering all aspects of labor economics, with substantial new material.

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 -- 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