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New to This Edition

1. Immigration Policy: An expanded discussion of undocumented immigration in Chapter 10 now includes analysis of its theoretical and measured effects on society.

2. Address the Great Recession of 2008: In relevant chapters, discussions on the labor-market effects of the Great Recession of 2008 appear, along with an examination of recent changes in outcomes such as earnings inequality, human-capital acquisition, and labor-force participation.

3.This edition includes new boxed examples on:
．The labor supply of New York City taxi drivers.
．The “rat race” in law firms.
．Earnings inequality in developed countries.

4. Footnotes have been updated to cite the most recent literature on each given topic.

5. Tabular data and references have been updated throughout.

作者簡介

Ronald G Ehrenberg-
現職：Cornell University

Robert S. Smith
現職：Cornell University