
Handbook of Labor Economics
- 1st Edition, Volume 5 - December 5, 2024
- Imprint: North Holland
- Editors: Christian Dustmann, Thomas Lemieux
- Language: English
- Hardback ISBN:9 7 8 - 0 - 4 4 3 - 2 9 7 6 4 - 9
- eBook ISBN:9 7 8 - 0 - 4 4 3 - 2 9 7 6 5 - 6
Volumes 5 and 6 of the Handbook of Labor Economics will systematically review the research topics, empirical findings, and methods that constitute frontier research in the field.… Read more

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- What is the labor market impact of policy interventions such as minimum wages, employment and training policies, and family policies?
- Recent methodological advances in empirical methods and models of the labor market in the presence of imperfect competition
- Cover image
- Title page
- Table of Contents
- Series Introduction
- Copyright
- Contributor
- Preface
- Chapter 1: Instrumental variables with unobserved heterogeneity in treatment effects
- Abstract
- 1 Introduction
- 2 Background
- 3 Reverse engineering: interpreting linear estimators
- 4 Forward engineering: estimating target parameters
- 5 Recommendations for practice
- 6 Conclusion
- References
- Chapter 2: Firm wage effects
- Abstract
- 1 Background
- 2 What sorts of firms pay high wages?
- 3 The AKM model
- 4 Variance decomposition
- 5 Regressing firm effects on observables
- 6 Hiring origins and state dependence
- 7 Conclusion
- References
- Chapter 3: Empirical Bayes methods in labor economics
- Abstract
- 1 Introduction
- 2 Empirical Bayes basics
- 3 Non-parametric empirical Bayes
- 4 Conclusion
- References
- Chapter 4: Minimum wages in the 21st century
- Abstract
- 1 Introduction and overview
- 2 A brief history of minimum wages
- 3 The wage and employment effects of minimum wages
- 4 Margins of adjustment
- 5 Inequality, distributional implications, and downstream effects
- 6 Minimum wages in developing countries
- 7 Conclusion and future directions
- References
- Further reading
- Chapter 5: The micro and macro economics of short-time work
- Abstract
- 1 Introduction
- 2 Overview of STW schemes
- 3 STW take-up
- 4 The theoretical models of STW
- 5 The efficiency of STW
- 6 Effects of STW at the macroeconomic level
- 7 Effects on firms
- 8 Effects on workers trajectories
- 9 Conclusion
- References
- Chapter 6: Job search, unemployment insurance, and active labor market policies
- Abstract
- 1 Introduction and background on UI
- 2 Micro-foundations of job search among the unemployed
- 3 Design of UI policy
- 4 Active labor market policies
- Acknowledgments
- References
- Chapter 7: Families, public policies, and the labor market
- Abstract
- 1 Introduction
- 2 Conceptual framework
- 3 Public policies in OECD countries
- 4 Fertility
- 5 Marriage, divorce, and cohabitation
- 6 Family labor supply
- 7 Gender inequality
- 8 Child outcomes
- 9 Norms and spillovers
- 10 Lessons learned and avenues for future research
- References
- Chapter 8: The evolution of gender in the labor market
- Abstract
- 1 Introduction
- 2 Real world and academic developments in gender inequality
- 3 Women’s labor supply and the gender gap
- 4 Evolving perspectives on gender inequality
- 5 The anatomy of the career costs of motherhood
- 6 The role of identity and norms in understanding gender inequalities
- 7 Micro-macro linkages
- 8 Conclusion
- References
- Chapter 9: Crime and the labor market
- Abstract
- 1 Introduction
- 2 Descriptive statistics and stylized facts: an international perspective
- 3 Labor market impacts on crime
- 4 Criminal record impacts on the labor market
- 5 Education and crime
- 6 Future directions
- 7 Conclusions
- References
- Chapter 10: Monopsony power in the labor market
- Abstract
- 1 Introduction
- 2 New quantitative models of monopsony power
- 3 Empirically measuring monopsony power
- 4 Policy and monopsony power
- 5 Conclusion
- References
- Index
- Edition: 1
- Volume: 5
- Published: December 5, 2024
- Imprint: North Holland
- No. of pages: 1000
- Language: English
- Hardback ISBN: 9780443297649
- eBook ISBN: 9780443297656
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Christian Dustmann
Christian Dustmann is Professor of Economics at University College London (UCL), Honorary Professor at Humboldt University Berlin, Director of the Rockwool Foundation Berlin Institute for the Economy and the Future of Work (RFBerlin), and founding Director of the Centre for Research and Analysis of Migration (CReAM). He is a leading labor economist who has worked on topics such as migration, the economics of education, the economics of crime, social networks, technology, income mobility, wage dynamics, and inequality. Professor Dustmann has been a visiting professor at UC Berkeley, Harvard, Princeton, Stanford, and Yale. He served as President of the Asian and Australasian Society of Labour Economics (AASLE) (2017-2021), which he co-founded. He has also served as President of the European Association of Labour Economists (EALE) and the European Society for Population Economics (ESPE). Professor Dustmann is an elected Fellow of the British Academy (FBA), the German Academy of Sciences (Leopoldina), the Academy of Europe (Academia Europaea), the Econometric Society, and the Society of Labor Economists (SOLE). In 2020, Professor Dustmann received the Carl Friedrich von Weizsäcker Prize from the German National Academy of Sciences for scientific contributions to socially important challenges. Dustmann is the first economist honored with this prize. In 2023, he received the Reimar Luest Prize for International Science and Cultural Communication, awarded by the Alexander von Humboldt Foundation and the Fritz Thyssen Foundation. In the 2019 German Economic Association ranking, he was first among economists in German-speaking countries and German economists abroad. He regularly advises government bodies, international organizations, and the media on policy issues.
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Thomas Lemieux
Thomas Lemieux is a Professor at UBC’s Vancouver School of Economics. Prior to moving to UBC in 1999, Professor Lemieux held appointments at the Université de Montréal and at the Massachusetts Institute of Technology (MIT). He is a Research Associate of the National Bureau of Economic Research and a fellow of the Royal Society of Canada, the Society of Labor Economists, and the Econometric Society. Professor Lemieux is a past President of the Society of Labor Economists and of the Canadian Economics Association, which awarded him the Rae Prize for outstanding research in 1998. He has served as co-editor major journals in economics, including the American Economic Review. Lemieux has written extensively on labour markets and earnings inequality in Canada, the United States and other countries. He has also made contributions to the methodology of empirical research in labour economics.