Description
Book SynopsisDavid Card and Alan B. Krueger have made substantial contributions to the field of Labor Economics. Their influential work focuses on policy-relevant issues and spans vast and important topics, including: unemployment, minimum wage, migration, measurement error, unions, wage differentials among various groups in the US, labor demand, social insurance, and technological change. Card and Krueger have also been extremely influential in econometrics methodology; they were at the forefront of employing an ''experimental'' approach in their research design and implementation. Both of these IZA prize winners have made significant methodological contributions on instrumental variable estimation, measurement error, regression discontinuity methods, and the use of ''natural'' experiments. This book provides an overview of their most important work and is divided two main parts: the first section focuses on school quality and the differences in wages across groups in the US; the second part conce
Trade ReviewI found that the book offers a timely discussion regarding a much politicized debate around the responsibility of societies to invest more in education and on their young people. The book is a gold mine of data which can spark lively discussions among educationalists, sociologists and economists. * Iasonas Lamprianou, Work Employment and Society *
Table of ContentsI: INTRODUCTION BY THE EDITORS: INGENUITY AND CREATIVITY - DAVID CARD AND ALAN B. KRUEGER; II: SCHOOL QUALITY, EARNINGS, AND BLACK-WHITE WAGE DIFFERENCES; III: MINIMUM WAGES AND EMPLOYMENT DEMAND; IV: CONCLUDING THOUGHTS
