Labour Supply Factors and Economic Fluctuations
Author: Claudia Foroni
Publisher:
Published: 2015
Total Pages: 50
ISBN-13: 9788275538640
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Labor Supply Factors and Economic Fluctuations
Author: Claudia Foroni
Publisher:
Published: 2018
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKWe propose a new Vector Autoregressive identification scheme that enables us to disentangle labor supply shocks from wage bargaining shocks. Identification is achieved by imposing sign restrictions on the responses of the unemployment rate and the labor force participation rate to the two shocks. According to our analysis on United States data over the period 1985-2014, labor supply shocks and wage bargaining shocks are important drivers of output and unemployment both in the short run and in the long run. These results suggest that identification strategies used in estimated new Keynesian models to disentangle labor market shocks may be misguided.
Labor Supply Shifts and Economic Fluctuations
Author: Yongsung Chang
Publisher:
Published: 2000
Total Pages:
ISBN-13:
DOWNLOAD EBOOKUnemployment, Search and Labour Supply
Author: Richard Blundell
Publisher: CUP Archive
Published: 1986-04-17
Total Pages: 360
ISBN-13: 9780521320276
DOWNLOAD EBOOKThis book brings together recent work analysing the labour market behaviour of agents, particularly with regard to unemployment, job search, and labour supply. It considers the economic and demographic factors involved, and in particular the responsiveness of labour market behaviour to changes in these factors. There has been considerable recent progress in the design of appropriate econometric techniques and models with which to confront labour market theories with available data. The contributions to this volume represent important extensions or applications by some of the foremost researchers in the field, provide tests of the available theories, and draw the consequent conclusions for policy. Subjects covered include unemployment, the duration of unemployment, the effects of insurance, benefits and taxation, youth unemployment, models of labour supply, and female participation. The contributors come from the USA, Canada, UK, France, Sweden, and Denmark.
Labour Economics
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
Published: 2023-12-18
Total Pages: 334
ISBN-13:
DOWNLOAD EBOOKWhat is Labour Economics The field of labor economics, sometimes known as labor economics, is concerned with gaining an understanding of the structures and dynamics of the markets for wage labor. Labour is a commodity that is provided by workers, more often than not in exchange for a wage that is paid by businesses that are in need of labour. Due to the fact that these workers are components of a social, institutional, or political system, labor economics must also take into account the social, cultural, and political factors that are present. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Labour economics Chapter 2: Minimum wage Chapter 3: Unemployment Chapter 4: Full employment Chapter 5: New Keynesian economics Chapter 6: Phillips curve Chapter 7: The General Theory of Employment, Interest and Money Chapter 8: Efficiency wage Chapter 9: Marginal revenue productivity theory of wages Chapter 10: Backward bending supply curve of labour Chapter 11: Labour supply Chapter 12: Frisch elasticity of labor supply Chapter 13: Neoclassical synthesis Chapter 14: Insider-outsider theory of employment Chapter 15: AD-AS model Chapter 16: Involuntary unemployment Chapter 17: Monopsony Chapter 18: Rehn-Meidner model Chapter 19: Factor market Chapter 20: Implicit contract theory Chapter 21: Keynes's theory of wages and prices (II) Answering the public top questions about labour economics. (III) Real world examples for the usage of labour economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of labour economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of labour economics.
Labor Markets and Employment Relationships
Author: Joyce Jacobsen
Publisher: John Wiley & Sons
Published: 2008-04-15
Total Pages: 586
ISBN-13: 1405142308
DOWNLOAD EBOOKThis innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis
Transition, Recession and Labour Supply
Author: Paolo Verme
Publisher: Routledge
Published: 2020-11-25
Total Pages: 244
ISBN-13: 100011399X
DOWNLOAD EBOOKThis title was first published in 2001: Exploring the relationship between the recession and labour supply in Kazakhstan during the 1990s, this volume develops an innovative new model of the transitional process in the context of the CIS. It departs from conventional economic models explaining the process of transition, transferring the focus of attention from labour demand to labour supply with a view to clarifying how the transitional recession has affected households and, in turn, how these changes modified the supply of labour. Paolo Verme examines how the dynamic of the reallocation of labour between state and private enterprises has been drastically altered by the growth of self-employment and also takes a much-needed look at the contribution of other factors, offering an original explanation of this most important economic phenomenon.
Modern Labour Economics
Author: Peter Sloane
Publisher: Routledge
Published: 2013
Total Pages: 398
ISBN-13: 0415469805
DOWNLOAD EBOOKLabour economics as a discipline has changed dramatically in recent years. Gone are the days of a "job for life". These days, firms and employees are part of a less regulated, more fluid, and more international labour market. Knowledge, training, human resource development and human capital are all major factors on the contemporary scene. This new textbook is the first properly international textbook to reflect these swingeing changes. Its key areas of concentration include: the increasing importance of human capital including education and occupational choice the major subdivision of personnel economics including economic inactivity and absenteeism comparative cross country studies and the impact of globalization and migration on national labour markets equal opportunities and issues of discrimination on the basis of race, gender and disability conflict at work, including both strikes and, uniquely, individual disputes. Other issues explored include the supply and demand of labour, wages, the current role of trade unions, bargaining and conflict, and working time. The book is written in a clear, accessible way with some mathematical exposition, reflecting the text’s grounding in current microeconomic theory. The book also contains case studies designed to illuminate theoretical concepts and exercises and discussion questions to test the students understanding of the various concepts outlined in the text.
The Economics of Imperfect Labor Markets
Author: Tito Boeri
Publisher: Princeton University Press
Published: 2013-09-24
Total Pages: 464
ISBN-13: 0691158932
DOWNLOAD EBOOKMost labor economics textbooks pay little attention to actual labor markets, taking as reference a perfectly competitive market in which losing a job is not a big deal. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfect labor markets and to provide a systematic framework for analyzing how labor market institutions operate. This expanded, updated, and thoroughly revised second edition includes a new chapter on labor-market discrimination; quantitative examples; data and programming files enabling users to replicate key results of the literature; exercises at the end of each chapter; and expanded technical appendixes. The Economics of Imperfect Labor Markets examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, active labor market policies, working-time regulations, family policies, equal opportunity legislation, collective bargaining, early retirement programs, education and migration policies, payroll taxes, and employment-conditional incentives. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are today being changed by political and economic forces. Expanded, thoroughly revised second edition New chapter on labor-market discrimination New quantitative examples New data sets enabling users to replicate key results of the literature New end-of-chapter exercises Expanded technical appendixes Unique focus on institutions in imperfect labor markets Integrated framework and systematic coverage Self-contained chapters on each of the most important labor-market institutions
Employment without Inflation
Author: Benjamin Higgins
Publisher: Routledge
Published: 2018-01-16
Total Pages: 384
ISBN-13: 1351292358
DOWNLOAD EBOOKThe world economy has undergone a fundamental transformation in recent decades and theoretical structures inherited from the 1930s through the 1950s, while retaining large elements of truth, are inadequate to deal with current problems. Benjamin Higgins feels that for a society such as the United States a fiscal policy needs to be adopted that can deal simultaneously with existing unemployment and inflation. He suggests three possible governmental policies: stimulating a high rate of long-run growth, by use of reward innovations and by maintaining the highest possible level of scientific and technical activity; isolating regions that are generators of inflation and others that are pools for unemployment; and establishing a system of direct controls similar to those used in wartime. Higgins describes the transformation of the cogent prewar business cycle, with its alternations of inflation or unemployment, then a transitional period of underemployment equilibrium and secular stagnation, and finally, the strange new world of today, one with economic fluctuations in the form of shifting trade-off curves and loops. He then applies his new paradigm to current problems, showing why they cannot be managed through macroeconomic monetary and fiscal policy. Higgins offers case studies of efforts to fight inflation and unemployment, and to reduce regional gaps, to show their strengths and weaknesses. It can be said that unemployment always results from too many people chasing too few jobs, and inflation is always caused by too much money chasing too few goods and services. Beyond such banal generalizations, Higgins maintains there is no single cause for either unemployment or inflation, and thus no single cure can be prescribed for either, let alone for both at once. Nor is it to be expected that the appropriate cure will prove to be the same in all countries at all times. He suggests that an optimal blend of monetary and fiscal policy that will produce the "minimum discomfort" is a good start. Employment Without Inflation will be of direct policy interest to economists, sociologists, and national planners.
