Presenting a complete survey of labor economics from the search point of view, this is the first book to coordinate a vast and scattered literature, making an increasingly important and sophisticated area in modern applied economics readily accessible. Completely comprehensive, Empirical Labor Economics covers not only sequential and random search, but all stochastic models of the labor market, and treats underlying economic theory and econometric methods as needed. It examines structural search models, studies directed at particular policy questions--such as the effect of unemployment benefits on unemployment durations--and simple descriptive studies, considering data from all over the world. With valuable summaries and trenchant assessments of the strengths and weaknesses of the search approach, Empirical Labor Economics is essential for those embarking on labor market research.
"Sociologists who wish to keep in touch with recent developments in the theory of search would be well-advised to check this volume out."--Contemporary Sociology
"A very useful survey of a vast assortment of...labor market research....Likely to be very useful for researchers and students who come to the book with sufficient background exposure to the behavioral and econometric models utilized in the investigation of labor market dynamics."--Journal of Economic Literature
"Very useful, illustrative...material."--Green R. Miller, Morehead State University
"Provides a very good survey of literature on the search model and would be of great value at the graduate level for all students taking a field in labor or human resources."--Evelyn K. Smith, West Texas State University
"...sociologists who wish to keep in touch with recent developments in the theory of search would be well-advised to check this volume out."--Contemporary Sociology