The Flow Analysis of Labour Markets

The Flow Analysis of Labour Markets

Author: Ronald Schettkat

Publisher: Routledge

Published: 1996-08-08

Total Pages: 311

ISBN-13: 1134779429

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Well-functioning labour markets are a precondition for economic development. Here leading researchers present an overview of labour market workings providing new theoretical and empirical insights.


Labor Markets and Business Cycles

Labor Markets and Business Cycles

Author: Robert Shimer

Publisher: Princeton University Press

Published: 2010-04-12

Total Pages: 189

ISBN-13: 1400835232

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Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.


The Cyclicality of Worker Flows: Evidence from Germany

The Cyclicality of Worker Flows: Evidence from Germany

Author: Daniela Nordmeier

Publisher: wbv Media GmbH & Company KG

Published: 2013-11-05

Total Pages: 133

ISBN-13: 3763940804

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Die Entwicklung von Arbeitslosigkeit und Beschäftigung wird maßgeblich von den Übergängen auf dem Arbeitsmarkt beeinflusst. Daniela Nordmeier analysiert die Übergänge von Arbeitskräften, also Einstellungen und Entlassungen, im konjunkturellen Kontext. Dabei stützt sie sich auf prozessgenerierte Personendaten des IAB, welche einen umfassenden Einblick in die Dynamik am deutschen Arbeitsmarkt ermöglichen. Die Arbeit umfasst drei eigenständige wissenschaftliche Aufsätze, die zentrale Aspekte dieser Thematik beleuchten: * Zeitaggregation bei der Messung von Arbeitsmarktübergängen * Dynamik der Arbeitslosigkeit in Abhängigkeit von strukturellen Schocks * Modellierung von Einstellungen mithilfe einer Matchingfunktion.


Geographies of Labour Market Inequality

Geographies of Labour Market Inequality

Author: Ron Martin

Publisher: Routledge

Published: 2003-09-02

Total Pages: 281

ISBN-13: 1134421575

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In recent years, the local dimensions of the labour market have attracted increasing attention from academic analysts and public policy-makers alike. There is growing realization that there is no such thing as the national labour market, instead a mosaic of local and regional markets that differ in nature, performance and regulation. Geographies of Labour Market Inequality is concerned with these multiple geographies of employment, unemployment, work and incomes, and their implications for public policy.


The Labour Market Impact of the EU Enlargement

The Labour Market Impact of the EU Enlargement

Author: Floro Ernesto Caroleo

Publisher: Springer Science & Business Media

Published: 2010-03-18

Total Pages: 340

ISBN-13: 3790821640

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Floro Ernesto Caroleo and Francesco Pastore This book was conceived to collect selected essays presented at the session on “The Labour Market Impact of the European Union Enlargements. A New Regional Geography of Europe?” of the XXII Conference of the Italian Association of Labour Economics (AIEL). The session aimed to stimulate the debate on the continuity/ fracture of regional patterns of development and employment in old and new European Union (EU) regions. In particular, we asked whether, and how different, the causes of emergence and the evolution of regional imbalances in the new EU members of Central and Eastern Europe (CEE) are compared to those in the old EU members. Several contributions in this book suggest that a factor common to all backward regions, often neglected in the literature, is to be found in their higher than average degree of structural change or, more precisely, in the hardship they expe- ence in coping with the process of structural change typical of all advanced economies. In the new EU members of CEE, structural change is still a consequence of the continuing process of transition from central planning to a market economy, but also of what Fabrizio et al. (2009) call the “second transition”, namely that related to the run-up to and entry in the EU.


Working Europe

Working Europe

Author: Jens Christiansen

Publisher: Routledge

Published: 2019-01-15

Total Pages: 402

ISBN-13: 0429779186

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Published in 1999, Working Europe: Reshaping European employment systems offers a fresh analysis of recent changes in labour markets and the restructuring of welfare states. The analyzes presented in the articles not only focus on labour market changes, but take up the important issues of: * How labour markets have been regulated and directed * How the various social security systems offered by the welfare state are related to the questions of labour markets and employment systems * How efficient labour market policies are in reducing unemployment * How employment is locally created and initiated * How the gender system is related to employment systems. This book is the first to offer a full picture of the restructuring of the employment systems and the complex relationship between employment, the welfare state and concepts of work.


Labor, Employment, and Social Policies in the EU Enlargement Process

Labor, Employment, and Social Policies in the EU Enlargement Process

Author: Lodovico Pizzati

Publisher: World Bank Publications

Published: 2002

Total Pages: 430

ISBN-13: 9780821350089

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The process of transition to a market economy and integration into the EU has strained the labour markets of central and eastern European countries, and these developments pose a number of challenges to their social policies. This volume presents the contributions given at an international labour conference held in Austria in June 2001 to investigate these issues. It provides the latest labour trends in EU accession countries and compares them to previous experiences of European integration. It reviews existing labour market policies and social protection mechanisms, and discusses alternative strategies for employment creation in the region.


Mismatch Explanations of European Unemployment

Mismatch Explanations of European Unemployment

Author: Horst Entorf

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 214

ISBN-13: 3642589197

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The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour demand and supply - in other words, to greater mismatch, but existing mismatch indicators do not support this view. However, the obvious inference is not legitimate because the evidence is based on trended data, and thus gives rise to spurious statistical results. To get around the problem, the author uses the dynamic flow approach to structural unemployment and disaggregated data. The reader will find new results on "non-spurious" mismatch tendencies, occupational reallocation, the matching of apprentices, and the importance of matching and mobility for wage differentials.