Abstract

Introduction. I: Unemployment. 1. Keynes, Cambridge, and the New Keynesian Economics M.S. Lawlor. 2. Labor Economics and Unemployment: An Historian's Perspective A. Keyssar. II: How Labor Markets Really Work. 3. The Impact of Formal On-the-Job Training on Unemployment and the Influence of Gender, Race, and Working Life Cycle Position on Accessibility to On-the-Job Training A.J. Field, A.H. Goldsmith. 4. Empirical Tests of Labor Market Equilibrium: An Evaluation J. Heckman, T. MaCurdy. 5. Labor Market Segmentation Theory: Reconsidering the Evidence W.T. Dickens, K. Lang. III: Race, Discrimination and Competition. 6. Labor Markets and Racial Inequality J. Cotton. 7. Racial Inequality and Racial Conflict: Recent Developments in Radical Theory R. Williams. IV: Culture, Ethnicity and Poverty. 8. Culture and Human Capital: Theory and Evidence or Theory Versus Evidence S.A. Woodbury. 9. Labor Economics and Public Policy: Dominance of Constraints on Preferences M. Foster. Index.

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