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Zusatztext `The authors are acquainted with a huge literature. There is a danger, in an area that has experienced such rapid growth ... that some work will be lost or ignored. The authors have reduced the chances of this, and this book should encourage scholars in many countries to make further contributions.'Economica Klappentext Presenting a complete survey of labor economics from the search point of view! this is the first book to coordinate a vast and scattered literature! making an increasingly important and sophisticated area in modern applied economics readily accessible. Completely comprehensive! Empirical Labor Economics covers not only sequential and random search! but all stochastic models of the labor market! and treats underlying economic theory and econometric methods as needed. It examines structural search models! studies directed at particular policy questions--such as the effect of unemployment benefits on unemployment durations--and simple descriptive studies! considering data from all over the world. With valuable summaries and trenchant assessments of the strengths and weaknesses of the search approach! Empirical Labor Economics is essential for those embarking on labor market research. Zusammenfassung This volume defines the economics of search, which has become a part of the standard graduate curriculum. The concept deals with the costs and benefits to individual workers - either employed or unemployed - of seeking a job with the highest possible pay.
