"For many American parents with young-adult children, The Price of Independence will be a source of consolation and insight. The consolation will come from the documentation that the path to stable work and marriage is not only longer for their children, but for most American young adults. The insights will include evidence that the longer path to adult roles is not driven by changing economic conditions, but rather by changing social norms, especially changes in young people's expectations about work, schooling, and families. The book will help public policy makers recognize that young adults in other industrialized countries are experiencing many of the same challenges that young Americans face. At the same time, the book documents that the large number of young Americans without health care and the extraordinarily high incarceration rates of young adult males of color are problems facing young people that this country has not solved, but many others have avoided."
-RICHARD J. MURNANE, professor, Harvard Graduate School of Education

"The Price of Independence brings together an interesting and diverse set of essays charting changes in the 'launch into adulthood' of today's youth. The changes in ages and levels of completed education, steady jobs, living independent of parents, marrying, having children are documented both for the United States and for several industrialized countries. The extent to which economic factors-changing labor markets, levels of debt, health insurance, costs of living-have influenced these changes are analyzed, often exploding common perceptions of the impact of such factors. But its not just economic factors that are considered; sociologist, political scientist, education specialists all get a turn 'at bat' and the result is a rich multidimen sional contribution to our understanding of these issues. I particularly like the international comparisons and the discussion of how differential social norms may affect both differences in the degree of change and the public perception of changes as positive or negative. Thanks to Sheldon Danziger and Cecilia Elena Rouse for putting this together."
-ROB HOLLISTER, professor of economics, Swarthmore College

More and more young men and women today are taking longer and having more difficulty making a successful transition to adulthood.  They are staying in school longer, having a harder time finding steady employment at jobs that provide health insurance, and are not marrying and having children until much later in life than their parents did. In The Price of Independence, a roster of distinguished experts diagnose the extent and causes of these trends.

Observers of social trends have speculated on the economic changes that may be delaying the transition to adulthood—from worsening job opportunities to mounting student debt and higher housing costs—but few have offered empirical evidence to back up their claims. The Price of Independence represents the first significant analysis of these economic explanations, charting the evolving life circumstances of eighteen to thirty-five year-olds over the last few decades. Lisa Bell, Gary Burtless, Janet Gornick, and Timothy M. Smeeding show that the earnings of young workers in the United States and a number of industrialized countries have declined relative to the cost of supporting a family, which may explain their protracted dependence. In addition, Henry Farber finds that job stability for young male workers has dropped over the last generation. But while economic factors have some influence on young people’s transitions to adulthood, The Price of Independence shows that changes in the economic climate can not account for the magnitude of the societal shift in the timing of independent living, marriage, and childbearing. Aaron Yelowitz debunks the myth that steep housing prices are forcing the young to live at home—housing costs actually fell between 1980 and 2000 once lower interest rates and tax subsidies are taken into account. And Ngina Chiteji reveals that average student loan debt is only $3,500 per household. The trend toward starting careers and families later appears to have more to do with changing social norms, as well as policies that have broadened access to higher education, than with changes in the economy.

For better or worse, the current generation is redefining the nature and boundaries of  what it means to be a young adult. The Price of Independence documents just how dramatically the modern lifecycle has changed and offers evidence as an antidote to much of the conventional wisdom about these social changes.

SHELDON DANZIGER is Henry J. Meyer Distinguished University Professor of Public Policy and codirector of the National Poverty Center at the Gerald R. Ford School of Public Policy at the University of Michigan.

CECILIA ELENA ROUSE is the Theodore A. Wells  Professor of Economics and Public Affairs at Princeton University.

CONTRIBUTORS: Sofya Aptekar, Lisa Bell, Gary Burtless, Ngina S. Chiteji, Henry S. Farber,  Maria D. Fitzpatrick,  Janet Gornick, Melanie Guldi,  Carolyn J. Hill,  Harry Holzer, Helen Levy, Katherine Newman, Marianne E. Page,  Steven Raphael,  Timothy M. Smeeding,  Ann Huff Stevens,  Sarah E. Turner,  Aaron S. Yelowitz.

A Volume in the Multi-City Study of Urban Inequality

Praise for the first edition:

“The Handbook is a comprehensive treatment of literature synthesis and provides practical advice for anyone deep in the throes of, just teetering on the brink of, or attempting to decipher a meta-analysis. Given the expanding application and importance of literature synthesis, understanding both its strengths and weaknesses is essential for its practitioners and consumers. This volume is a good beginning for those who wish to gain that understanding.” —Chance

“Meta-analysis, as the statistical analysis of a large collection of results from individual studies is called, has now achieved a status of respectability in medicine. This respectability, when combined with the slight hint of mystique that sometimes surrounds meta-analysis, ensures that results of studies that use it are treated with the respect they deserve….The Handbook of Research Synthesis is one of the most important publications in this subject both as a definitive reference book and a practical manual.”—British Medical Journal


When the first edition of The Handbook of Research Synthesis was published in 1994, it quickly became the definitive reference for researchers conducting meta-analyses of existing research in both the social and biological sciences. In this fully revised second edition, editors Harris Cooper, Larry Hedges, and Jeff Valentine present updated versions of the Handbook’s classic chapters, as well as entirely new sections reporting on the most recent, cutting-edge developments in the field.

Research synthesis is the practice of systematically distilling and integrating data from a variety of sources in order to draw more reliable conclusions about a given question or topic. The Handbook of Research Synthesis and Meta-Analysis draws upon years of groundbreaking advances that have transformed research synthesis from a narrative craft into an important scientific process in its own right. Cooper, Hedges, and Valentine have assembled leading authorities in the field to guide the reader through every stage of the research synthesis process—problem formulation, literature search and evaluation, statistical integration, and report preparation. The Handbook of Research Synthesis and Meta-Analysis incorporates state-of-the-art techniques from all quantitative synthesis traditions. Distilling a vast technical literature and many informal sources, the Handbook provides a portfolio of the most effective solutions to the problems of quantitative data integration. Among the statistical issues addressed by the authors are the synthesis of non-independent data sets, fixed and random effects methods, the performance of sensitivity analyses and model assessments, and the problem of missing data.

The Handbook of Research Synthesis and Meta-Analysis also provides a rich treatment of the non-statistical aspects of research synthesis. Topics include searching the literature, and developing schemes for gathering information from study reports. Those engaged in research synthesis will also find useful advice on how tables, graphs, and narration can be used to provide the most meaningful communication of the results of research synthesis. In addition, the editors address the potentials and limitations of research synthesis, and its future directions.

The past decade has been a period of enormous growth in the field of research synthesis. The second edition Handbook thoroughly revises original chapters to assure that the volume remains the most authoritative source of information for researchers undertaking meta-analysis today. In response to the increasing use of research synthesis in the formation of public policy, the second edition includes a new chapter on both the strengths and limitations of research synthesis in policy debates and decisions. Another new chapter looks at computing effect sizes and standard errors from clustered data, such as schools or clinics. Authors also discuss updated techniques for locating hard-to-find “fugitive” literature, ways of systematically assessing the quality of a study, and progress in statistical methods for detecting and estimating the effects of publication bias.

The Handbook of Research Synthesis and Meta-Analysis is an illuminating compilation of practical instruction, theory, and problem solving. This unique volume offers the reader comprehensive instruction in the skills necessary to conduct powerful research syntheses meeting the highest standards of objectivity. The significant developments included in the second edition will ensure that the Handbook remains the premier text on research synthesis for years to come.

HARRIS COOPER is professor of psychology and neuroscience at Duke University.

LARRY V. HEDGES is Board of Trustees Professor of Statistics and Social Policy, and Faculty Fellow, Institute for Policy Research, Northwestern University.

JEFFREY C. VALENTINE is assistant professor, Department of Educational and Counseling Psychology, College of Education and Human Development, University of Louisville.

CONTRIBUTORS: Pam M. Baxter, Betsy Jane Becker, Jesse A. Berlin, Michael Borenstein, Geoffrey D. Borman, Brad J. Bushman, Mike Clarke, Thomas D. Cook, Harris Cooper, David S. Cordray, Alice H. Eagly, Joseph L. Fleiss, Leon J. Gleser, Joel B. Greenhouse, Jeffrey A. Grigg, C. Keith Haddock, Larry V. Hedges, Sally Hopewell, Satish Iyengar, Spyros Konstantopoulos, Huy Le, Mark W. Lipsey, Georg E. Matt, Paul Morphy, Ingram Olkin, Robert G. Orwin, Therese D. Pigott, Stephen W. Raudenbush, Jeffrey G. Reed, Hannah R. Rothstein, Frank L. Schmidt, William R. Shadish, Alex J. Sutton, Jeffrey C. Valentine, Jack L. Vevea, Morgan C. Wang, Howard D. White, David B. Wilson, and Wendy Wood.

"It is uncontested that cooperation varies with the ambient level of trust. What is less widely appreciated is that a great deal of cooperation is explained not by the generalized level of trust but by the bilateral efforts of the parties to a contract who perceive that their mutual interests will be served by crafting cost-effective mechanisms in support of ongoing relations. Such intentional efforts to support cooperation are referred to as 'credible commitments' by economists and as an 'encapsulated interest in trust' by the authors of this book. Because, moreover, these supports are provided in cost-effective degree, they will vary predictably among transactions, depending on the needs. Karen S. Cook, Russell Hardin, and Margaret Levi demonstrate that such an approach to cooperation deepens our understanding of ongoing relations across a wide variety of social science phenomena. This book should be, and I am confident will be, widely read."
-OLIVER E. WILLIAMSON, Professor of the Graduate School and Edgar F. Kaiser Professor Emeritus of Business, Economics, and Law, Walter A. Haas School of Business, University of California, Berkeley

"Over the last decade, Professors Cook, Levi, and Hardin have masterminded one of the most productive collective scholarly endeavors in recent decades, exploring the contours and consequences of trust and trustworthiness in our collective lives. In this magisterial volume, they synthesize these contributions into a coherent and comprehensive account of this central concept. All subsequent investigations of trust will need to come to grips with this work, and all of us are in their debt."
-ROBERT D. PUTNAM, professor of public policy, Harvard University

"Is trust the central pillar of social order? Karen S. Cook, Russell Hardin, and Margaret Levi respond in the negative. They argue that effective and reliable institutions are the essential foundations of contemporary complex societies rather than interpersonal trust. Their analysis is worth a careful reading by all scholars and citizens concerned with the sustainability of modern societies."
-ELINOR OSTROM, Arthur F. Bentley Professor of Government, Indiana University

"Cooperation Without Trust? makes the provocative case that 'trust' is overrated. Working from a well-articulated definition of trust as a property of interpersonal relations, the authors challenge the notion that coordinating activities within complex societies requires high levels of trust and, indeed, suggest that, under certain circumstances, interpersonal trust can hinder large-scale coordination. They illustrate their points across a range of empirical settings, describing many modes of informal and institutional coordination that, they argue, make interpersonal trust increasingly expendable. This is a book of great clarity, imagination, and scope, speaking to scholars in fields as diverse as institutional economics, political organization, and social control. It belongs on a small shelf of essential readings on the classic question of social order in complex societies."
-PAUL DIMAGGIO, professor of sociology, Princeton University

Some social theorists claim that trust is necessary for the smooth functioning of a democratic society. Yet many recent surveys suggest that trust is on the wane in the United States. Does this foreshadow trouble for the nation? In Cooperation Without Trust? Karen Cook, Russell Hardin, and Margaret Levi argue that a society can function well in the absence of trust. Though trust is a useful element in many kinds of relationships, they contend that mutually beneficial cooperative relationships can take place without it.

Cooperation Without Trust? employs a wide range of examples illustrating how parties use mechanisms other than trust to secure cooperation. Concerns about one’s reputation, for example, could keep a person in a small community from breaching agreements. State enforcement of contracts ensures that business partners need not trust one another in order to trade. Similarly, monitoring worker behavior permits an employer to vest great responsibility in an employee without necessarily trusting that person. Cook, Hardin, and Levi discuss other mechanisms for facilitating cooperation absent trust, such as the self-regulation of professional societies, management compensation schemes, and social capital networks. In fact, the authors argue that a lack of trust—or even outright distrust—may in many circumstances be more beneficial in creating cooperation. Lack of trust motivates people to reduce risks and establish institutions that promote cooperation. A stout distrust of government prompted America’s founding fathers to establish a system in which leaders are highly accountable to their constituents, and in which checks and balances keep the behavior of government officials in line with the public will. Such institutional mechanisms are generally more dependable in securing cooperation than simple faith in the trustworthiness of others.

Cooperation Without Trust? suggests that trust may be a complement to governing institutions, not a substitute for them. Whether or not the decline in trust documented by social surveys actually indicates an erosion of trust in everyday situations, this book argues that society is not in peril. Even if we were a less trusting society, that would not mean we are a less functional one.

KAREN S. COOK is the Ray Lyman Wilbur Professor of Sociology and senior associate dean of social sciences at Stanford University.

RUSSELL HARDIN is professor of politics at New York University.

MARGARET LEVI is Jere L. Bacharach Professor of International Studies in the Department of Political Science, University of Washington, Seattle.

A Volume in the Russell Sage Foundation Series on Trust