Evidence On The Determinants Of The Choice Between Wage Posting And Wage Bargaining

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Nobel Lectures In Economic Sciences (2006-2010)

Author : Bertil Holmlund
Publisher : World Scientific
ISBN 13 : 9814635596
Total Pages : 368 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Nobel Lectures In Economic Sciences (2006-2010) by : Bertil Holmlund

Download or read book Nobel Lectures In Economic Sciences (2006-2010) written by Bertil Holmlund and published by World Scientific. This book was released on 2014-11-28 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1968, Sveriges Riksbank (Sweden's central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The Prize in Economic Sciences is awarded by the Royal Swedish Academy of Sciences, Stockholm, according to the same principles as for the Nobel Prizes that have been awarded since 1901. This volume is a collection of the Nobel lectures delivered by the prizewinners, together with their biographies and the presentation speeches, for the period 2006-2010.List of prizewinners and their award citations:(2006) Edmund S Phelps — for his analysis of intertemporal tradeoffs in macroeconomic policy;(2007) Leonid Hurwicz, Eric S Maskin and Roger B Myerson — for having laid the foundations of mechanism design theory;(2008) Paul Krugman — for his analysis of trade patterns and location of economic activity;(2009) Elinor Ostrom — for her analysis of economic governance, especially the commons, and Oliver E Williamson — for his analysis of economic governance, especially the boundaries of the firm;(2010) Peter A Diamond, Dale T Mortensen and Christopher A Pissarides — for their analysis of markets with search frictions.

Brookings Papers on Economic Activity: Spring 2011

Author : David H. Romer
Publisher : Brookings Institution Press
ISBN 13 : 0815722222
Total Pages : 421 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Brookings Papers on Economic Activity: Spring 2011 by : David H. Romer

Download or read book Brookings Papers on Economic Activity: Spring 2011 written by David H. Romer and published by Brookings Institution Press. This book was released on 2011-09-15 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity: Spring 2011 • Job Search, Emotional Well-Being, and Job Finding in a Period of Mass Unemployment: Evidence from High-Frequency Longitudinal Data By Alan B. Krueger and Andreas Mueller • Financially Fragile Households: Evidence and Implications By Annamaria Lusardi, Daniel Schneider, and Peter Tufano • Let's Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2 By Eric T. Swanson • An Exploration of Optimal Stabilization Policy By N. Gregory Mankiw and Matthew Weinzierl • What Explains the German Labor Market Miracle in the Great Recession? By Michael C. Burda and Jennifer Hunt • Inflation Dynamics and the Great Recession By Laurence Ball and Sandeep Mazumder

The Accidental Equalizer

Author : Jessi Streib
Publisher : University of Chicago Press
ISBN 13 : 0226829685
Total Pages : 254 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Accidental Equalizer by : Jessi Streib

Download or read book The Accidental Equalizer written by Jessi Streib and published by University of Chicago Press. This book was released on 2023-11-19 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: A startling discovery—that job market success after college is largely random—forces a reappraisal of education, opportunity, and the American dream. As a gateway to economic opportunity, a college degree is viewed by many as America’s great equalizer. And it’s true: wealthier, more connected, and seemingly better-qualified students earn exactly the same pay as their less privileged peers. Yet, the reasons why may have little to do with bootstraps or self-improvement—it might just be dumb luck. That’s what sociologist Jessi Streib proposes in The Accidental Equalizer, a conclusion she reaches after interviewing dozens of hiring agents and job-seeking graduates. Streib finds that luck shapes the hiring process from start to finish in a way that limits class privilege in the job market. Employers hide information about how to get ahead and force students to guess which jobs pay the most and how best to obtain them. Without clear routes to success, graduates from all class backgrounds face the same odds at high pay. The Accidental Equalizer is a frank appraisal of how this “luckocracy” works and its implications for the future of higher education and the middle class. Although this system is far from eliminating American inequality, Streib shows that it may just be the best opportunity structure we have—for better and for worse.

Multidisciplinary Approach in Arts, Science & Commerce (Volume-2)

Author : Biplab Auddya
Publisher : Sankalp Publication
ISBN 13 : 8196066309
Total Pages : 132 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Multidisciplinary Approach in Arts, Science & Commerce (Volume-2) by : Biplab Auddya

Download or read book Multidisciplinary Approach in Arts, Science & Commerce (Volume-2) written by Biplab Auddya and published by Sankalp Publication. This book was released on with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: : Biplab Auddya is currently Student, Sponsored Teachers’ Training College, Purulia, West Bengal. He did Master of Arts in Geography from SIDHO-KANDO-BIRSHA University, Under Graduation in Geography from Panchakot Mahavidyalaya. He also did Certificate in Environmental Studies (CES) Course from IGNOU. His special paper is Population Geography. He has published 32 Research Paper/Article in different ISBN Books, Conference Proceedings and ISSN Journal. He has appointed as reviewer in 5 International Journal (Journal of Emerging Technologies and Innovative Research, ISSN: 2349-5162, INTERNATIONAL JOURNAL OF RESEARCH AND ANALYTICAL REVIEWS (IJRAR), E-ISSN: 2348-1269, P-ISSN: 2349-5138, INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD), ISSN: 2456-4184, INTERNATIONAL JOURNAL OF CURRENT SCIENCE”, IJCS PUBLICATION, ISSN: 2250-1770, INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS, ISSN: 2320-2882, appointed as a Co-Editor in 1 International Edited Book with ISBN and he also appointed as Field Investigator in NAS-2021. He was presented 25 Research Paper in different National and International Seminars, Webinars & Conferences. Awarded “Best Secretary”, In the District Level Youth Parliament Competition for the year, 2017-18, Department of Parliamentary Affairs, Government of West Bengal, Youth Parliament Competition, on 15/09/2017, also received National Award “ Rashtriya Pratishtha Puruskar- 2022” from WORTHY WELLNESS FOUNDATION (REGD. IN-up83254442489450u), certificate no.- WWF_RPP_2022-483 for excellent work towards society, received on 15/11/2022. He has participated 4 Poster Competition, 2 Essay Writing Competition, 2 Slogan Writing Competition, completed almost 45 offline & online Courses, completed more than 150 offline & online Training, more than 45 Workshops, more than 15 Conferences and participated more than 200 Seminars & Webinars.

Wage-Led Growth

Author : Engelbert Stockhammer
Publisher : Springer
ISBN 13 : 1137357932
Total Pages : 329 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Wage-Led Growth by : Engelbert Stockhammer

Download or read book Wage-Led Growth written by Engelbert Stockhammer and published by Springer. This book was released on 2013-12-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

The Race between Education and Technology

Author : Claudia Goldin
Publisher : Harvard University Press
ISBN 13 : 0674037731
Total Pages : 497 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis The Race between Education and Technology by : Claudia Goldin

Download or read book The Race between Education and Technology written by Claudia Goldin and published by Harvard University Press. This book was released on 2009-07-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

The Economic and Fiscal Consequences of Immigration

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309444454
Total Pages : 643 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis The Economic and Fiscal Consequences of Immigration by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Economic and Fiscal Consequences of Immigration written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-07-13 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

The Structure of Wages

Author : Edward P. Lazear
Publisher : University of Chicago Press
ISBN 13 : 0226470512
Total Pages : 473 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis The Structure of Wages by : Edward P. Lazear

Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.

Keynes, Post-Keynesianism and Political Economy

Author : Peter Kriesler
Publisher : Routledge
ISBN 13 : 1134825978
Total Pages : 562 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Keynes, Post-Keynesianism and Political Economy by : Peter Kriesler

Download or read book Keynes, Post-Keynesianism and Political Economy written by Peter Kriesler and published by Routledge. This book was released on 1999-11-11 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collected here are wide-ranging contributions to economics in general, and to post-Keynesian economics in particular by leading economists.

Monopsony in Motion

Author : Alan Manning
Publisher : Princeton University Press
ISBN 13 : 1400850673
Total Pages : 414 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Monopsony in Motion by : Alan Manning

Download or read book Monopsony in Motion written by Alan Manning and published by Princeton University Press. This book was released on 2013-12-03 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.

Taxation, Wage Bargaining, and Unemployment

Author : Isabela Mares
Publisher : Cambridge University Press
ISBN 13 : 1107320909
Total Pages : 203 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis Taxation, Wage Bargaining, and Unemployment by : Isabela Mares

Download or read book Taxation, Wage Bargaining, and Unemployment written by Isabela Mares and published by Cambridge University Press. This book was released on 2006-02-13 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.

Wage bargaining under the new European Economic Governance

Author : Guy Van Gyes
Publisher : ETUI
ISBN 13 : 2874523739
Total Pages : 419 pages
Book Rating : 4.8/5 (745 download)

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Book Synopsis Wage bargaining under the new European Economic Governance by : Guy Van Gyes

Download or read book Wage bargaining under the new European Economic Governance written by Guy Van Gyes and published by ETUI. This book was released on 2015-09-28 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the framework of the new European economic governance, neoliberal views on wages have further increased in prominence and have steered various reforms of collective bargaining rules and practices. As the crisis in Europe came to be largely interpreted as a crisis of competitiveness, wages were seen as the core adjustment variable for ‘internal devaluation’, the claim being that competitiveness could be restored through a reduction of labour costs. This book proposes an alternative view according to which wage developments need to be strengthened through a Europe-wide coordinated reconstruction of collective bargaining as a precondition for more sustainable and more inclusive growth in Europe. It contains major research findings from the CAWIE2 – Collectively Agreed Wages in Europe – project, conducted in 2014–2015 for the purpose of discussing and debating the currently dominant policy perspectives on collectively-bargained wage systems under the new European economic governance.

The Minimum Wage and Labor Market Outcomes

Author : Christopher J. Flinn
Publisher : MIT Press
ISBN 13 : 0262288761
Total Pages : 321 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis The Minimum Wage and Labor Market Outcomes by : Christopher J. Flinn

Download or read book The Minimum Wage and Labor Market Outcomes written by Christopher J. Flinn and published by MIT Press. This book was released on 2011-02-04 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.

Overeducation in Europe

Author : the late Felix Büchel
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781957523
Total Pages : 256 pages
Book Rating : 4.9/5 (575 download)

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Book Synopsis Overeducation in Europe by : the late Felix Büchel

Download or read book Overeducation in Europe written by the late Felix Büchel and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Overeducation is one of the most important mechanisms for labor market adjustment when there is an excess supply of high-skilled workers. However, there is much debate about the consequences of this phenomena and the short and long term effects for both the overeducated worker and the economy as a whole. This book contributes to our understanding of recent developments in the research on overeducation by providing a detailed overview of the pertinent theoretical and policy issues."

International Trade and Labor Markets

Author : Carl Davidson
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880992743
Total Pages : 156 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis International Trade and Labor Markets by : Carl Davidson

Download or read book International Trade and Labor Markets written by Carl Davidson and published by W.E. Upjohn Institute. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unions and Collective Bargaining

Author : Toke Aidt
Publisher : Directions in Development
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Unions and Collective Bargaining by : Toke Aidt

Download or read book Unions and Collective Bargaining written by Toke Aidt and published by Directions in Development. This book was released on 2002 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.

Key Policies for Addressing the Social Determinants of Health and Health Inequities

Author : Matthew Saunders
Publisher : World Health Organization
ISBN 13 : 9289052651
Total Pages : 92 pages
Book Rating : 4.2/5 (89 download)

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Book Synopsis Key Policies for Addressing the Social Determinants of Health and Health Inequities by : Matthew Saunders

Download or read book Key Policies for Addressing the Social Determinants of Health and Health Inequities written by Matthew Saunders and published by World Health Organization. This book was released on 2017-09-27 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence indicates that actions within four main themes (early child development fair employment and decent work social protection and the living environment) are likely to have the greatest impact on the social determinants of health and health inequities. A systematic search and analysis of recommendations and policy guidelines from intergovernmental organizations and international bodies identified practical policy options for action on social determinants within these four themes. Policy options focused on early childhood education and care; child poverty; investment strategies for an inclusive economy; active labour market programmes; working conditions; social cash transfers; affordable housing; and planning and regulatory mechanisms to improve air quality and mitigate climate change. Applying combinations of these policy options alongside effective governance for health equity should enable WHO European Region Member States to reduce health inequities and synergize efforts to achieve the United Nations Sustainable Development Goals.