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Preface | |
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Labor Economics: Introduction and Overview | |
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Labor Economics as a Discipline | |
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The "Old" and the "New" | |
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Economic Perspective | |
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Gary Becker: Nobel Laureate | |
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Overview | |
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Lotto Winners: Who Quit? | |
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Payoffs | |
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The Theory of Individual Labor Supply | |
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The Work-Leisure Decision: Basic Model | |
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Sleep Time Linked to Earnings | |
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Applying and Extending the Model | |
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The Carnegie Conjecture | |
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More Flexible Work Schedules | |
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New Overtime Rules | |
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The Labor Supply Impact of the Earned Income Tax Credit | |
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Population, Participation Rates, and Hours of Work | |
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The Population Base | |
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Becker's Model: The Allocation of Time | |
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The Changing Face of America | |
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Participation Rates: Defined and Measured | |
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Secular Trend of Participation Rates | |
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Fewer Teens Have Summer Jobs | |
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The Later Male Retirement Puzzle | |
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Many Wives Outearn Their Husbands | |
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The Power of the Pill | |
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Family and Medical Leave Act of 1993 | |
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Cyclic Changes in Participation Rates | |
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Hours of Work: Two Trends | |
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Time Stress | |
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Labor Quality: Investing in Human Capital | |
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Investment in Human Capital: Concept and Data | |
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The Human Capital Model | |
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Recessions and the College Enrollment Rate | |
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Twins, Education, and Earnings | |
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Higher Education: Making the Right Choices | |
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Human Capital Investment and the Distribution of Earnings | |
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Reversal of the College Gender Gap | |
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On-the-Job Training | |
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Criticisms of Human Capital Theory | |
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How Much Is a Standardized Test Point Worth? | |
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The Demand for Labor | |
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Derived Demand for Labor | |
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A Firm's Short-Run Production Function | |
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Short-Run Demand for Labor: The Perfectly Competitive Seller | |
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Short-Run Demand for Labor: The Imperfectly Competitive Seller | |
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The Long-Run Demand for Labor | |
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Why Has Manufacturing Employment Fallen? | |
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The Market Demand for Labor | |
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Comparative Advantage and the Demand for Labor | |
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Elasticity of Labor Demand | |
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Determinants of Demand for Labor | |
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Offshore Outsourcing of White-Collar Jobs | |
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Real-World Applications | |
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Occupational Employment Trends | |
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Isoquant-Isocost Analysis of the Long-Run Demand for Labor | |
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Isoquant Curves | |
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Isocost Curves | |
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Least-Cost Combination of Capital and Labor | |
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Deriving the Long-Run Labor Demand Curve | |
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Wage Determination and the Allocation of Labor | |
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Theory of a Perfectly Competitive Labor Market | |
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The Fall and Rebound of Real Earnings, 1979-2006 | |
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Wage and Employment Determination: Monopoly in the Product Market | |
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Monopsony | |
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Unions and Wage Determination | |
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Pay and Performance in Professional Baseball | |
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The WTO, Trade Liberalization, and Labor Standards | |
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Has Deunionization Increased Earnings Inequality? | |
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Bilateral Monopoly | |
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NAFTA and American Labor | |
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Wage Determination: Delayed Supply Responses | |
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Do Medical Students Know How Much Doctors Earn? | |
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Alternative Pay Schemes and Labor Efficiency | |
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Economics of Fringe Benefits | |
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Theory of Optimal Fringe Benefits | |
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Does Health Insurance Cause "Job Lock"? | |
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The Principal-Agent Problem | |
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Pay for Performance | |
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Why Is There Academic Tenure? | |
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Participant Direction in Pension Plans | |
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Efficiency Wage Payments | |
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What Is a Good CEO Worth? | |
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The Ford Motor Company's $5 per Day Wage | |
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Labor Market Efficiency Revisited | |
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The Wage Structure | |
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Perfect Competition: Homogeneous Workers and Jobs | |
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The Wage Structure: Observed Differentials | |
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Wage Differentials: Heterogeneous Jobs | |
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The Economics of the Oldest Profession | |
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Wage Inequality and Skill-Biased Technological Change | |
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Smoking Is Bad for Your Financial Health | |
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Wage Differentials: Heterogeneous Workers | |
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Do Former College Athletes Earn More Than Nonathletes? | |
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The Hedonic Theory of Wages | |
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Compensating Pay for Shift Work | |
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Placing a Value on Human Life | |
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Wage Differentials: Labor Market Imperfections | |
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Mobility, Migration, and Efficiency | |
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Types of Labor Mobility | |
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Migration as an Investment in Human Capital | |
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Determinants of Occupational Tenure | |
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The Determinants of Migration: A Closer Look | |
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The Consequences of Migration | |
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Capital and Product Flows | |
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U.S. Immigration Policy and Issues | |
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Human Trafficking | |
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What Jobs Do Illegal Aliens Hold? | |
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Labor Unions and Collective Bargaining | |
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Why Unions? | |
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Labor Unionism: Facts and Figures | |
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A Divorce in the Union Movement | |
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Unionism's Decline | |
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Should the Right to Hire Permanent Strikebreakers Be Rescinded? | |
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Will the Internet Help Revive Unions? | |
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What Do Unions Want? | |
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Strikes and the Bargaining Process | |
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The Economic Impact of Unions | |
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The Union Wage Advantage | |
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A Tale of Two Industries | |
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The Highest-Paid Blue-Collar Workers | |
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Efficiency and Productivity | |
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Labor Strife and Product Quality | |
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Unions and Investment | |
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Firm Profitability | |
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Distribution of Earnings | |
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Other Issues: Inflation, Unemployment, and Income Shares | |
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Government and the Labor Market: Employment, Expenditures, and Taxation | |
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Public Sector Employment and Wages | |
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What Do Government Workers Do? | |
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Public Sector Unions: Are They Unique? | |
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The Military Sector: The Draft versus the Voluntary Army | |
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Nonpayroll Spending by Government: Impact on Labor | |
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Private Military Companies | |
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Labor Market Effects of Publicly Provided Goods and Services | |
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Income Taxation and the Labor Market | |
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Who Pays the Social Security Payroll Tax? | |
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Government and the Labor Market: Legislation and Regulation | |
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Labor Law | |
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Minimum Wage Law | |
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Living Wage Laws | |
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Occupational Health and Safety Regulation | |
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The Effect of Workers' Compensation on Job Safety | |
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Government as a Rent Provider | |
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Lawyers Attempt to Disbar Competition from Software | |
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Labor Market Discrimination | |
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Gender and Racial Differences | |
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The Gender Pay Gap: An International Comparison | |
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Discrimination and Its Dimensions | |
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It Pays to Be Good-Looking | |
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Taste for Discrimination Model | |
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Competition and Discrimination | |
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Theory of Statistical Discrimination | |
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The Crowding Model: Occupational Segregation | |
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Women's Entry into Selected Professions | |
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Cause and Effect: Nondiscriminatory Factors | |
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The Gender Pay Gap: Slowing Convergence | |
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Antidiscrimination Policies and Issues | |
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Orchestrating Impartiality | |
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Job Search: External and Internal | |
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External Job Search | |
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Job Search and the Internet | |
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Internal Labor Markets | |
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Are Long-Term Jobs Vanishing? | |
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The Distribution of Personal Earnings | |
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Describing the Distribution of Earnings | |
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Explaining the Distribution of Earnings | |
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Mobility within the Earnings Distribution | |
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Cross-Country Differences in Earnings Mobility Across Generations | |
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Government Employment and the Earnings Distribution | |
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Rising Earnings Inequality | |
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Labor Productivity: Wages, Prices, and Employment | |
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The Productivity Concept | |
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Importance of Productivity Increases | |
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Long-Run Trend of Labor Productivity | |
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Is Public Capital Productive? | |
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Cyclic Changes in Productivity | |
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Productivity and Employment | |
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A "New Economy"? | |
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Employment and Unemployment | |
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Employment and Unemployment Statistics | |
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New Data on Job Gains and Losses | |
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Macroeconomic Output and Employment Determination | |
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Frictional Unemployment | |
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Structural Unemployment | |
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Downsizing and College Graduates | |
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The Danish Flexicurity Model | |
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Demand-Deficient Unemployment | |
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The Distribution of Unemployment | |
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Reducing Unemployment: Public Policies | |
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Information Sources in Labor Economics | |
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Sources of Labor Statistics | |
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Applications, New Theories, Emerging Evidence | |
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Textbooks and Research Surveys | |
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Glossary | |
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Answers to "Your Turn" Questions | |
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Name Index | |
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Subject Index | |