This chapter reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that: (1) Labor institutions vary greatly among developing countries but less than...

Frontmatter -- Acknowledgments -- Contents -- Tables -- Figures -- Introduction -- 1. The Economic Theory of Occupational Choice -- 2. Models of the Labor and Education Markets -- 3. Developments in the Market for Highly Specialized Workers after World War II -- 4. The Cobweb Pattern: the...

Beginning in the early 2000s, there was an upsurge of national concern over the state of the science and engineering job market that sparked a plethora of studies, commission reports, and a presidential initiative, all stressing the importance of maintaining American competitiveness in these...