• Labor Market Equilibrium and Friction. The employment relationship: Job attachment, work effort, and the nature of contracts (D.O. Parsons). Job search and labor market analysis (D.T. Mortensen). The natural rate of unemployment: Explanation and policy (G.E. Johnson, P.R.G. Layard). Cyclical fluctuations in the labor market (D.M. Lilien, R.E. Hall). The Institutional Structures of the Labor Market. The analysis of union behavior (H.S. Farber). The economics of strikes (J. Kennan). Union relative wage effects (H.G. Lewis). Segmented labor markets (P. Taubman, M.L. Wachter). Public sector labor markets (R.G. Ehrenberg, J.L. Schwarz).

"The quality of the papers of this volume is uniformly high. The editorial objectives have been achieved, and I expect that this handbook will become the standard reference work for many of the most important areas of labour economics." --The Economic Journal"The two very substantial and thorough volumes of this handbook together present a comprehensive survey of the state of the art in labour economics. The first volume deals with the supply of and demand for labour as well as problems of the wage structure; the second volume treats equilibrium, friction and institutional structures of the labour market." --International Review of Social History