This work carries seven papers that analyze the effect of government and corporate actions on individuals' labor market behavior and seven others from a November 1996 conference at Cornell University discuss new empirical research on employer training.

How do technology, public works projects, mental health, race, gender, mobility, retirement benefits, and macroeconomic policies affect worker well-being? This volume contains 14 chapters utilizing current econometric techniques to answer this question. The findings include the following: (1) Technology gains explain over half the decline in US unemployment and over two-thirds the reduction in US inflation. (2) Universal health coverage would reduce US labour force participation by 3.3 per cent. (3) Blacks respond to regional rather than national changes schooling rates of return, perhaps...