Pierre Cahuc Book order

Focusing on the dynamics of job creation and destruction, this book explores the challenges of managing unemployment in modern economies. It delves into recent economic research, examining the interplay between wages, work incentives, and the role of education in adapting to labor market changes. By providing insights into effective strategies for navigating economic transitions, it offers valuable guidance for policymakers and individuals facing the realities of a constantly evolving job landscape.

This landmark graduate-level text combines depth and breadth of coverage with recent, cutting-edge work in all the major areas of modern labor economics. It is the only textbook available for advanced graduate students in the field, and it will be widely used; because of its command of the literature and the freshness of the material included, it will also prove to be a valuable resource for practicing labor economists. The book moves back and forth between factual data and theoretical reasoning. The space devoted to theory reflects the profound theoretical restructuring in the field that has taken place in the last thirty years; the authors present these developments within a unified pedagogic framework. The teaching methods are based on mathematical models, with the mathematical analyses laid out clearly, and the derivation of most results given in five mathematical appendixes that provide a toolkit for understanding the models. The book is divided into four parts: Supply and Demand Behaviors examines the determinants of labor supply and demand; Wage Formation discusses wage determinants, including the influences of the wage policies of firms and collective bargaining; Unemp