<p>There's also <a href="http://mitpress.mit.edu/books/labor-economics-1">Labor Economics</a> by Pierre Cahuc, Stéphane Carcillo, and André Zylberberg. It's a broader labor econ book, but The "Unemployment and Inequality" fourth of the book covers these topics. I have not seen the second edition, but I expect that they did not alter that part for the worse.</p>

CC BY-SA 4.0
2021-02-18T17:54:08.847Z
Isn't this more of undergraduate text?
Papayapap
CC BY-SA 4.0
2021-02-18T18:11:53.337Z
@Papayapap I used the first edition in my PhD program for the second-year labor field course at U of Michigan.
dimitriy
CC BY-SA 3.0
2014-12-05T22:05:00.937Z
2014-12-05T22:05:00.937Z
dimitriy
<p>To get us started, I will suggest </p>

<p>Pissarides: <a href="http://rads.stackoverflow.com/amzn/click/0262161877" rel="nofollow">Equilibirum Unemployment Theory</a></p>

<p>Which deals with his Search&amp;matching Equilibrium model of Labor Markets, and various extensions.</p>

CC BY-SA 3.0
2014-12-05T12:52:50.020Z
2014-12-05T12:52:50.020Z
FooBar
<p>To add another book, </p>

<p>Shimer: <a href="http://press.princeton.edu/titles/9217.html" rel="nofollow">Labor Markets and Business Cycles</a></p>

<p>deals with the extent of which the RBC model and the Mortensen-Pissarides model can deal with the Shimer puzzle. He goes through many extensions and concludes that rigid wages are an exciting future research avenue.</p>

CC BY-SA 3.0
2014-12-05T21:10:48.327Z
2014-12-05T21:10:48.327Z
FooBar
<p>I'm not sure if it's a good book, the author at least is very known in the macro community, but if you want a book on the New-Keynesian perspective on unemployment:</p>

<p><a href="http://www.amazon.co.uk/Unemployment-Fluctuations-Stabilization-Policies-Perspective/dp/0262015978/ref=sr_1_4?s=books&amp;ie=UTF8&amp;qid=1417796361&amp;sr=1-4&amp;keywords=jordi%20gal%C3%AD" rel="nofollow">Jordí Galí's</a> He tends to leave many details outside the book. You might like it. </p>

CC BY-SA 3.0
2018-03-13T15:52:19.397Z
Because of the OP's emphasis on macro, this book has my vote.
PatrickT
CC BY-SA 3.0
2014-12-05T16:53:28.707Z
The NK perspective on unemployment: Workers are price setters, but also hit by the Calvo fairy. Hence, some of them don't adjust prices, and firms fire them. The contribution to labor markets themselves are rather small, but I guess the popularity of NK models makes this books a reasonable suggestion, perhaps not as the starting reference.
FooBar
CC BY-SA 3.0
2014-12-05T17:01:05.337Z
The OP asked for graduate level expositions on the subject...
An old man in the sea.
CC BY-SA 3.0
2014-12-05T16:20:26.617Z
2014-12-05T16:20:26.617Z
An old man in the sea.
<p>The <a href="http://economics.mit.edu/faculty/acemoglu/courses" rel="nofollow noreferrer">notes</a> by Acemoglu are quite useful too.</p>

<p>There are whole sections on Labor Economics, but also a lot of scattered material throughout the rest of the topics, particularly related with technological change and growth. That is particularly relevant with the Macro-Labour component of your question.</p>

<p>To single out one relevant topic which is not in the references in other answers, consider <a href="http://economics.mit.edu/files/12573" rel="nofollow noreferrer">these</a> notes on "Labor coercion" (slavery, serfdom).</p>

CC BY-SA 3.0
2017-02-09T14:17:28.727Z
2017-02-09T14:17:28.727Z
luchonacho
<p>So the following is not a textbook, but it is a long and informative chapter on search-and-matching models from two experts in labor-macro:</p>

<p>Rogerson and Shimer, 2010: <a href="https://ideas.repec.org/p/nbr/nberwo/15901.html" rel="nofollow">https://ideas.repec.org/p/nbr/nberwo/15901.html</a></p>

CC BY-SA 3.0
2014-12-09T20:57:24.847Z
2014-12-09T20:57:24.847Z
FooBar
<p>What would be good textbooks at the graduate level that deal with Labor Economics and Labor-Macro (As in, Equilibrium Unemployment Theory, Shimer Puzzle etc)?</p>

CC BY-SA 3.0
2014-12-05T07:46:24.817Z
@Everybody: please post one suggestion per answer so that we can vote on individual books.
Ubiquitous
<macroeconomics><labor-economics><reference-request>
Graduate Level Textbook on Labor Economics and Macro-Labor
FooBar
# Graduate Level Textbook on Labor Economics and Macro-Labor

(Asked by: username_0 on 2014-12-05)

What would be good textbooks at the graduate level that deal with Labor Economics and Labor-Macro (As in, Equilibrium Unemployment Theory, Shimer Puzzle etc)?

**Tags:** macroeconomics, labor-economics, reference-request
> **Comments:**
> **username_1**: @Everybody: please post one suggestion per answer so that we can vote on individual books.  

---

## 6 answers

### Answer by username_2 on 2014-12-05. Score: 9

There's also [Labor Economics](http://mitpress.mit.edu/books/labor-economics-1) by Pierre Cahuc, Stéphane Carcillo, and André Zylberberg. It's a broader labor econ book, but The "Unemployment and Inequality" fourth of the book covers these topics. I have not seen the second edition, but I expect that they did not alter that part for the worse.

> **Comments:**
> **username_3**: Isn't this more of undergraduate text?  
> **username_2**: @Papayapap I used the first edition in my PhD program for the second-year labor field course at U of Michigan.  

---

### Answer by username_0 on 2014-12-05. Score: 4

To get us started, I will suggest

Pissarides: [Equilibirum Unemployment Theory](http://rads.stackoverflow.com/amzn/click/0262161877)

Which deals with his Search&matching Equilibrium model of Labor Markets, and various extensions.


---

### Answer by username_0 on 2014-12-05. Score: 3

To add another book,

Shimer: [Labor Markets and Business Cycles](http://press.princeton.edu/titles/9217.html)

deals with the extent of which the RBC model and the Mortensen-Pissarides model can deal with the Shimer puzzle. He goes through many extensions and concludes that rigid wages are an exciting future research avenue.


---

### Answer by username_4 on 2014-12-05. Score: 3

I'm not sure if it's a good book, the author at least is very known in the macro community, but if you want a book on the New-Keynesian perspective on unemployment:

[Jordí Galí's](http://www.amazon.co.uk/Unemployment-Fluctuations-Stabilization-Policies-Perspective/dp/0262015978/ref=sr_1_4?s=books&ie=UTF8&qid=1417796361&sr=1-4&keywords=jordi%20gal%C3%AD) He tends to leave many details outside the book. You might like it.

> **Comments:**
> **username_0**: The NK perspective on unemployment: Workers are price setters, but also hit by the Calvo fairy. Hence, some of them don't adjust prices, and firms fire them. The contribution to labor markets themselves are rather small, but I guess the popularity of NK models makes this books a reasonable suggestion, perhaps not as the starting reference.  
> **username_4**: The OP asked for graduate level expositions on the subject...  
> **username_5**: Because of the OP's emphasis on macro, this book has my vote.  

---

### Answer by username_6 on 2017-02-09. Score: 1

The [notes](http://economics.mit.edu/faculty/acemoglu/courses) by Acemoglu are quite useful too.

There are whole sections on Labor Economics, but also a lot of scattered material throughout the rest of the topics, particularly related with technological change and growth. That is particularly relevant with the Macro-Labour component of your question.

To single out one relevant topic which is not in the references in other answers, consider [these](http://economics.mit.edu/files/12573) notes on "Labor coercion" (slavery, serfdom).


---

### Answer by username_0 on 2014-12-09. Score: 1

So the following is not a textbook, but it is a long and informative chapter on search-and-matching models from two experts in labor-macro:

Rogerson and Shimer, 2010: <https://ideas.repec.org/p/nbr/nberwo/15901.html>


---

