What factors affect the ways individualsparticipate inlabor markets? "New Developments and Research on Labor Markets" (volume 4B) proposes answers to this and other questions on important topics of public policy. Leading labor economists demonstrate how better data and advancedexperiments help them applyeconomic theory, yielding sharper analyses and conclusions.The combinationsof these improved empirical findings with newmodels enable the authors of these chaptersto revealhow labor economistsare developing new and innovative ways to measure keyparameters and test important hypotheses. Concentrates on empirical research in specific labor markets, including those defined by age, gender, and race Reveals howquestions and answers aboutthese markets have changed and how models measure them Documents how conceptual models and empirical work explain important practical issues
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