A Disaggregated Disequilibrium Model of the Labour Market
Author: Martyn Andrews
Publisher:
Published: 1986
Total Pages: 50
ISBN-13:
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Author: Martyn Andrews
Publisher:
Published: 1986
Total Pages: 50
ISBN-13:
DOWNLOAD EBOOKAuthor: B. Bhaskara Rao
Publisher:
Published: 1991
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor: Richard E. Quandt
Publisher:
Published: 1988
Total Pages: 120
ISBN-13:
DOWNLOAD EBOOKAuthor: Michael Beenstock
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 215
ISBN-13: 940091203X
DOWNLOAD EBOOKIt is generally agreed that the operation of the labour market lies at the heart of macroeconomic activity. Following Keynes' attack on the postulates of the classics in The General Theory a number of labour market paradigms have been proposed including the Phillips curve, new classical and union bargaining models. These paradigms usually form the centrepiece of any good text on macroeconomic theory. Our purpose in this volume is not to restate these paradigms but to explore the extent to which they might be empirically modelled. To this end the volume includes a set of econometric models of the UK labour market where each contribution relates very closely to one of the principal paradigms. The purpose of this collection is threefold. First and foremost we wanted to present an integrated set of case studies in applied econometrics with reference to labour market modelling. In doing so we hope the volume will appeal to third year undergraduates and postgraduate students studying applied econometrics and labour economics. Secondly, the contributions have been carefully selected to illustrate the main paradigms since each contribution is intellectually self contained. It is arguable that this may be disadvantageous as far as the truth is concerned if eclecticism is preferable. On the other hand it has pedagogic advantages in drawing sharp distinctions between the various approaches.
Author: Behara Bhaskara Rao
Publisher:
Published: 1989
Total Pages: 38
ISBN-13: 9780731678709
DOWNLOAD EBOOKAuthor: Peter Eelkema
Publisher:
Published: 1992
Total Pages: 212
ISBN-13:
DOWNLOAD EBOOKAuthor: Hans-Jürgen Büttler
Publisher: Springer
Published: 1986
Total Pages: 132
ISBN-13:
DOWNLOAD EBOOKAuthor: Christopher A. Pissarides
Publisher: MIT Press
Published: 2000-03-02
Total Pages: 273
ISBN-13: 0262264064
DOWNLOAD EBOOKThis book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the "natural" rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest of the book has been extensively rewritten and, in several cases, simplified.
Author: R. S. G. Lenderink
Publisher:
Published: 1976
Total Pages: 136
ISBN-13:
DOWNLOAD EBOOKAuthor: Hilary Romie Sheehan
Publisher:
Published: 1988
Total Pages: 392
ISBN-13:
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