Handbook of Labor Economics

This handbook comprises two volumes: 'Developments in research methods and their applications' (volume 4A) and 'New developments and research on labor markets' (volume 4B). The purpose is to examine what new tools and models economists can use to understand how individuals participate in labor markets. Using a mixture of conceptual models and empirical research, the contributors demonstrate how better data and advanced experiments help them apply economic theory, producing better analyses and conclusions. The chapters show how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. Volume 4A contains the following chapters: Decomposition methods in economics / Nicole Fortin, Thomas Lemieux, Sergio Firpo; Field experiments in labor economics / John A. List, Imran Rasul; Lab labor: what can labor economists learn from the lab? / Gary Charness, Peter Kuhn; The structural estimation of behavioral models: discrete choice dynamic programming methods and applications / Michael P. Keane, Petra E. Todd, Kenneth I. Wolpin; Program evaluation and research designs / John DiNardo, David S. Lee; Identification of models of the labor market / Eric French, Christopher Taber; Search in macroeconomic models of the labor market / Richard Rogerson, Robert Shimer; Extrinsic rewards and intrinsic motives: standard and behavioral approaches to agency and labor markets / James B. Rebitzer, Lowell J. Taylor. Volume 4B contains: Earnings, consumption and life cycle choices / Costas Meghir, Luigi Pistaferri; Racial inequality in the 21st century: the declining significance of discrimination / Roland G. Fryer; Imperfect competition in the labor market / Alan Manning; Skills, tasks and technologies: implications for employment and earnings / Daren Acemoglu, David Autor; Institutional reforms and dualism in European labor markets / Tito Boeri; Local labor markets / Enrico Moretti; Human capital development before age five / Douglas Almond, Janet Currie; Recent developments in intergenerational mobility / Sandra E. Black, Paul J. Devereux; New perspectives on gender / Marianne Bertrand; Great expectations: law, employment contracts, and labor market performance / W. Bentley MacLeod; Human resource management and productivity / Nicholas Bloom, John Van Reenen; Personnel economics: hiring and incentives / Paul Oyer, Scott Schaefer.