Modern Labor Economics: Theory and Public Policy has grown out of our experiences over the last four decades in teaching labor market economics and conducting research aimed at influencing public policy. Our text develops the modern theory of labor market behavior, summarizes empirical evidence that supports or contradicts each hypothesis, and illustrates in detail the usefulness of the theory for public policy analysis. We believe that showing students the social implications of concepts enhances the motivation to learn them, and that using the concepts of each chapter in an analytic setting allows students to see the concepts in action. The extensive use of detailed policy applications constitutes a major contribution of this text.

现代劳动经济学：理论和公共政策是根据我们过去四十年来教授劳动力市场经济学和进行旨在影响公共政策的研究的经验发展而来的。本文发展了现代劳动力市场行为理论，总结了支持或反驳每个假设的实证证据，并详细说明了该理论对公共政策分析的有用性。我们认为，向学生展示概念的社会含义可以增强学习它们的动机，并且在分析环境中使用每一章的概念可以让学生看到概念的实际行动。详细的政策应用的广泛使用构成了本文的主要贡献。