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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 | |