Developments in Labour Market Analysis

Developments in Labour Market Analysis

Author: Caroline Joll

Publisher: Routledge

Published: 2018-12-07

Total Pages: 408

ISBN-13: 0429658184

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First published in 1983. This text is designed to enable intermediate and advanced students to attain familiarity with the theoretical concepts used in labour market analysis, and to apply them fruitfully to the economic problem of labour markets. Each chapter of Section I deals with a different theoretical development of the basic labour market model of utility maximising labour supply and the marginal productivity theory of labour demand. In addition, the authors discuss in depth uncharted territory including the analysis of uncertainty and discrimination in labour markets and advances in human capital theory, in each case covering the implications both for equity and the efficient allocation of resources. Each chapter of Section II analyses an important economic problem - for instance wage determination, unemployment and inflation - using the theoretical insights derived from Section I. The contributions of different theoretical developments are assessed by reference to the current state of empirical research into labour market problems. This book stresses the interaction between labour market mechanisms and also between market and non-market forces in the belief that this will lead to a greater understanding of the operation of the labour market than can be gained by viewing each theoretical development in isolation from the others.


Building America's Skilled Technical Workforce

Building America's Skilled Technical Workforce

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-06-04

Total Pages: 259

ISBN-13: 0309440068

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Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.


Anticipating and Preparing for Emerging Skills and Jobs

Anticipating and Preparing for Emerging Skills and Jobs

Author: Brajesh Panth

Publisher: Springer Nature

Published: 2020-11-02

Total Pages: 351

ISBN-13: 9811570183

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This open access book analyzes the main drivers that are influencing the dramatic evolution of work in Asia and the Pacific and identifies the implications for education and training in the region. It also assesses how education and training philosophies, curricula, and pedagogy can be reshaped to produce workers with the skills required to meet the emerging demands of the Fourth Industrial Revolution. The book’s 40 articles cover a wide range of topics and reflect the diverse perspectives of the eminent policy makers, practitioners, and researchers who authored them. To maximize its potential impact, this Springer-Asian Development Bank co-publication has been made available as open access.


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.


Internal Labor Markets and Manpower Analysis

Internal Labor Markets and Manpower Analysis

Author: Peter B. Doeringer

Publisher: M.E. Sharpe

Published: 1985-06

Total Pages: 258

ISBN-13: 9780765632128

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This book discusses the institutional aspects of the American labor market. The introduction assesses the major changes since 1971.


Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization

Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization

Author: Füsun Yenilmez

Publisher: IGI Global

Published: 2016-12-28

Total Pages: 498

ISBN-13: 1522520090

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The effective utilization of available resources is a pivotal factor for production levels in modern business environments. However, when resources are limited or in excess, this effects organizational success, as well as the labor market. The Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization is a comprehensive reference source for the latest scholarly research on the socio-economic dynamics of unemployment and the development of new policies to assist in regulating the global labor market. Highlighting innovative approaches and relevant perspectives, such as outsourcing, trade openness, and employment protection, this publication is ideally designed for policy makers, professionals, practitioners, graduate students, and academics interested in emerging trends for labor market development.


Job Creation and Local Economic Development

Job Creation and Local Economic Development

Author: OECD

Publisher: OECD Publishing

Published: 2014-11-19

Total Pages: 366

ISBN-13: 926421500X

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This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery.


The Labor Market for Health Workers in Africa

The Labor Market for Health Workers in Africa

Author: Agnes Soucat

Publisher: World Bank Publications

Published: 2013-04-26

Total Pages: 382

ISBN-13: 0821395580

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Sub-Saharan Africa has only 12 percent of the global population, yet this region accounts for 50 percent of child deaths, more than 60 percent of maternal deaths, 85 percent of malaria cases, and close to 67 percent of people living with HIV. Sub-Saharan Africa, however, has the lowest number of health workers in the world-significantly fewer than in South Asia, which is at a comparable level of economic development. The Labor Market for Health Workers in Africa uses the analytical tools of labor markets to examine the human resource crisis in health from an economic perspective. Africa's labor markets are complex, with resources coming from governments, donors, the private sector, and households. Low numbers of health workers and poor understanding of labor market dynamics are major impediments to improving health service delivery. Yet some countries in the region have developed innovative solutions with new approaches to creating a robust health workforce that can respond to the continent's health challenges. As Africa grows economically, the invaluable lessons in this book can help build tomorrow's African health systems.


Labour Market Reforms in Portugal 2011-15 A Preliminary Assessment

Labour Market Reforms in Portugal 2011-15 A Preliminary Assessment

Author: OECD

Publisher: OECD Publishing

Published: 2017-02-21

Total Pages: 179

ISBN-13: 9264269576

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This report evaluates the comprehensive labour market reforms undertaken in Portugal in 2011-15. It reviews reforms in employment protection legislation, unemployment benefits, activation, collective bargaining, minimum wages and working time, and assesses the available evidence on their impact.