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Studies in Labor Markets

The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems.

Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.

Table of Contents

Prefatory Note
Introduction by Sherwin Rosen
1. Labor Mobility and Wages
Jacob Mincer and Boyan Jovanovic
2. Wage Growth and Job Turnover: An Empirical Analysis
Ann P. Bartel and George J. Borjas
Comment: Gilbert Ghez
3. Heterogeneity and State Dependence
James J. Heckman
4. Anticipated Unemployment, Temporary Layoffs, and Compensating Wage Differentials
John M. Abowd and Orley Ashenfelter
5. Structural and Reduced Form Approaches to Analyzing Unemployment Durations
Nicholas M. Kiefer and George R. Neumann
6. Layoffs and Unemployment Insurance
Frank Brechling
Comment: Daniel S. Hamermesh
7. Employment in Construction and Distribution Industries: The Impact of The New Jobs Tax Credit
John Bishop
8. Black Economic Progress after 1964: Who Has Gained and Why?
Richard B. Freeman
9. Risk Shifting, Statistical Discrimination, and the Stability of Earnings
Herschel I. Grossman and Warrent T. Trepeta
Comment: Dennis W. Carlton
10. Signaling, Screening, and Information
Michael Spence
11. Learning by Observing and the Distribution of Wages
Stephen Ross, Paul Taubman, and Michael Wachter
Comment: John G. Riley
Comment: Charles Wilson
List of Contributors
Author Index
Subject Index

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