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Author : Assar Lindbeck
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.3/5 ( download)
Download or read book Interactions Between the Efficiency Wage and Insider-outsider Theories written by Assar Lindbeck and published by . This book was released on 1990 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Assar Lindbeck
Publisher : MIT Press (MA)
ISBN 13 : 9780262121392
Total Pages : 285 pages
Book Rating : 4.1/5 (213 download)
Download or read book The Insider-outsider Theory of Employment and Unemployment written by Assar Lindbeck and published by MIT Press (MA). This book was released on 1988-01-01 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an accessible, balanced account of the insider-outsider theory of labor market activity. It focuses on how "insiders" (experienced incumbent employees whose jobs are protected by various labor turnover costs) get market power, what they do with that power, and how their activities affect the "outsiders" (who are either unemployed or work in the informal sector). The book examines the effect of insiders' activities on wages, employment, and unemployment, discusses the associated policy implications, and relates the insider-outsider theory to other theories of labor market activity. The central part of the book consists of a series of previously published articles that have been edited to convey a single coherent account of a theory of unemployment that is growing in popularity. Chapters are preceded by overviews summarizing the main ideas and relating them to the book's underlying theme. The concluding chapter points out the predictions and policy implications of the theory. Lindbeck and Snower have taken care to make the main ideas accessible to a wide audience, without sacrificing analytical rigor."The insider-Outside Theory of Employment and Unemployment is concerned with both the causes and consequences of insider power. It emphasizes unemployment in chapters that survey modern unemployment theories and provide a formal comparison of the insider-outsider and efficiency-wage explanations of involuntary unemployment. Other topics include labor turnover costs (how they arise from insiders' activities and from job security legislation, and how they give rise to insider power), Union activities (how unions can amplify labor turnover costs, and provide insiders with newtools of rent-creation, such as strikes and work-to-rule actions), and the effect that insider activities can have in perpetuating the effects of temporary macroeconomic shocks. Assar Lindbeck is Professor of International Economics and Director of the Institute of International Economics at the University of Stockholm. Dennis J. Snower is Professor of Economics, Birbeck College, University of London.
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 301 pages
Book Rating : 4.:/5 (661 download)
Download or read book Efficiency Wage written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-12 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Efficiency Wage The term efficiency wages was introduced by Alfred Marshall to denote the wage per efficiency unit of labor. Marshallian efficiency wages are those calculated with efficiency or ability exerted being the unit of measure rather than time. That is, the more efficient worker will be paid more than a less efficient worker for the same amount of hours worked. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Efficiency wage Chapter 2: Labour economics Chapter 3: Minimum wage Chapter 4: New Keynesian economics Chapter 5: Phillips curve Chapter 6: Employment Chapter 7: Principal-agent problem Chapter 8: Personnel economics Chapter 9: Signalling (economics) Chapter 10: Labour market flexibility Chapter 11: Compensating differential Chapter 12: Insider-outsider theory of employment Chapter 13: Ekkehart Schlicht Chapter 14: Involuntary unemployment Chapter 15: Union wage premium Chapter 16: Monopsony Chapter 17: Rehn-Meidner model Chapter 18: Real rigidity Chapter 19: Wage compression Chapter 20: Shapiro-Stiglitz theory Chapter 21: Gift-exchange game (II) Answering the public top questions about efficiency wage. (III) Real world examples for the usage of efficiency wage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Efficiency Wage.
Author : Assar Lindbeck
Publisher : Mit Press
ISBN 13 : 9780262620741
Total Pages : 300 pages
Book Rating : 4.6/5 (27 download)
Download or read book The Insider-Outsider Theory of Employment and Unemployment written by Assar Lindbeck and published by Mit Press. This book was released on 1989-11-01 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible, balanced account of the insider-outsider theory of labor market activity.
Author : Errol D'Souza
Publisher : Pearson Education India
ISBN 13 : 9788131708187
Total Pages : 516 pages
Book Rating : 4.7/5 (81 download)
Download or read book Macroeconomics written by Errol D'Souza and published by Pearson Education India. This book was released on 2009-05 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Errol D'Souza's Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. The focus of the book rests on the analysis of macroeconomic thought in terms of the intuition and underlying logic that forms its basis. This book has been designed to help readers think independently about real-world situations, by helping them master the basic technical tools that enable them to do this. At a conceptual level, the book focuses on the most current and relevant issues, while also understanding the fluidity of the subject.
Author : C. Usabiaga-Ibánez
Publisher : Springer
ISBN 13 : 1403915946
Total Pages : 372 pages
Book Rating : 4.4/5 (39 download)
Download or read book The Current State of Macroeconomics written by C. Usabiaga-Ibánez and published by Springer. This book was released on 1999-07-30 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book sets out to show the current state of macroeconomics, from three main perspectives: methodology, theory and economic policy. It is built on extensive conversation with some of the world's leading macroeconomists. These are based on wide questionnaires, covering jointly almost all the topics of macroeconomic theory, as well as questions of methodology, real economy, and even academic systems and future lines of research. Some of the questions have been put to all the respondents or many of them, with the aim of bringing out their different positions. References about authors and themes are also provided.
Author : MIROSŁAW BOCHENEK
Publisher : Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
ISBN 13 : 8323137315
Total Pages : 276 pages
Book Rating : 4.3/5 (231 download)
Download or read book Historia rozwoju ekonomii, t. 6: Współczesne szkoły ekonomiczne written by MIROSŁAW BOCHENEK and published by Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika. This book was released on 2016 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winą za stagflację i slumpflację z lat 70. XX w. obarczono interwencjonizm państwa w życie gospodarcze typu keynesowskiego. W odpowiedzi na załamanie się tego paradygmatu powstało wiele szkół i koncepcji ekonomicznych. Niektóre z nich zaliczono do mainstream theory, inne tworzą współczesną heterodoksję. Rozbieżność stanowisk na temat palących problemów dzisiejszej gospodarki niektórzy analitycy interpretują jako kryzys współczesnej teorii ekonomii. Natomiast autor zaprezentowanego opracowania uważa, że współcześni innowatorzy w niczym nie ustępują wcześniejszym pokoleniom teoretyków ekonomii. „Poglądy przywołanych tu ekonomistów są poprawnie przedstawione, a to przecież jest sprawą najważniejszą. Ponadto oprócz żmudnej, wieloletniej pracy, jakiej podjął się prof. M. Bochenek, na pochwałę zasługuje język, jakim się posługuje. Jest jasny, klarowny, bez zbędnych udziwnień i zawiłości, co czasem zdarza się w pracach naukowych. Wysoko oceniam również bibliografię i odsyłacze, w których autor niejednokrotnie zawarł wiele interesujących szczegółów. Bogata literatura przedmiotu każe z szacunkiem spojrzeć na dokonania prof. M. Bochenka. Jestem pod wrażeniem pracochłonności opracowania”. Z recenzji prof. dr hab. Urszuli Zagóry-Jonszty
Author : Assar Lindbeck
Publisher : MIT Press
ISBN 13 : 9780262121750
Total Pages : 244 pages
Book Rating : 4.1/5 (217 download)
Download or read book Unemployment and Macroeconomics written by Assar Lindbeck and published by MIT Press. This book was released on 1993 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Balancing theoretical insights with lessons drawn from the experience of many countries, Lindbeck examines employment and unemployment against the background of developed market economies during the past century.
Author : Marcello Messori
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781959985
Total Pages : 264 pages
Book Rating : 4.9/5 (599 download)
Download or read book Financial Constraints and Market Failures written by Marcello Messori and published by Edward Elgar Publishing. This book was released on 1999-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Italian study group made up of seven economists report their findings on how the new Keynesian economics has reacted to challenges from new classical economics by strengthening the analytical power of its models. First they discuss the theoretical unde
Author : Łukasz Mamica
Publisher : Routledge
ISBN 13 : 1134591527
Total Pages : 358 pages
Book Rating : 4.1/5 (345 download)
Download or read book Economic Policy and the Financial Crisis written by Łukasz Mamica and published by Routledge. This book was released on 2014-03-26 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of the global economic crisis which started in the United States in 2007-08 are still being felt in most of the advanced economies, and the mainstream tools of recovery are not having the required results. It seems that many of the after-effects of the crisis, including the instability of the financial markets, increasing public debts and limited economic growth, require new solutions from both economic policy and theory. Lower aggregate demand during the crisis increased the pressure on firms to be more competitive and at the same time, the crisis in the banking system has had a negative impact on the willingness of financial institutions to give credit to companies for investment. Therefore, the key issue for current economic policy is to find a balance between the stabilisation of public finance and maintaining the momentum of long-term growth. This book offers an evolutionary-developmental analysis, combining elements of neo-Schumpeterian economics, institutional economics and post-Keynesian economics, to show that selection processes within an economy, and the institutional rules shaping those processes, are substantially more important than usually recognised by evolutionary economic theory. Two major challenges for economic theory and policy, in particular, have emerged during the crisis. The first is the rise of unemployment coupled with growing public deficits. The second is the financial instability which threatens the permanence of economic development. This book examines the performance of the advanced economies since the crisis and explores why some of them have been more successful in tackling these challenges than others. It is argued that the reasons for the varied performances of these economies lie in the economic policies which were introduced before and in the aftermath of the crisis and the differences in the regulation of their labour markets. This volume will be of interest to students and academics in the areas of macroeconomics, public economics and public management.
Author : R. J. A. Muffels
Publisher : Edward Elgar Publishing
ISBN 13 : 1781007691
Total Pages : 422 pages
Book Rating : 4.7/5 (81 download)
Download or read book Flexibility and employment security in Europe written by R. J. A. Muffels and published by Edward Elgar Publishing. This book was released on 2014-05-14 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title presents carefully selected articles that are at the ultimate forefront of professional studies on 'transitional labour markets' and 'flexicurity'.
Author : C. Mosk
Publisher : Springer
ISBN 13 : 0230377912
Total Pages : 307 pages
Book Rating : 4.2/5 (33 download)
Download or read book Competition and Cooperation in Japanese Labour Markets written by C. Mosk and published by Springer. This book was released on 1995-10-09 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explains the salient features of the Japanese labour market. The key idea in this book is integrated segmentation. Emphasis is upon segmentation: on the demand side, within the educational system and, on supply side, monitoring costs which underlie labour contracts. Using long run official government statistical evidence, it is argued that what is peculiar to Japan is the integration of segmented labour markets. By virtue of segmentation the Japanese labour market is deeply competitive. By virtue of integration it is highly cooperative.
Author : Stefan Zagelmeyer
Publisher : Peter Lang
ISBN 13 : 9783039100736
Total Pages : 420 pages
Book Rating : 4.1/5 (7 download)
Download or read book Governance Structures and the Employment Relationship written by Stefan Zagelmeyer and published by Peter Lang. This book was released on 2004 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Table of Contents Figures 9 Tables 11 Abbreviations 15 Acknowledgements 17 1 Introduction 19 1.1 Governance Structures for the Employment Relationship 19 1.2 The Evolution of Collective Bargaining in Britain 21 1.3 Research Questions and Plan of this Book 27 2 Governance Structures for the Employment Relationship 29 2.1 The Employment Relationship 29 2.2 Governance Structures 46 2.3 Optimal Governance Structures 67 2.4 Conclusions 79 3 Evolution of Governance Structures 81 3.1 Previous Theoretical Literature 82 3.2 The Evolutionary Framework to Governance Structures 106 3.3 Conclusions 129 4 Determinants of Employer Demand for Governance Structures 131 4.1 Company-Level Factors 132 4.2 Markets 164 4.3 Institutions 169 4.4 External Organisations 172 4.5 Conclusions 188 5 Governance Structures 1780-2000: Description and Analysis 191 5.1 The Emergence and Evolution of Governance Structures 1780-2000 191 5.2 The Role of External Organisations 218 5.3 Conclusions 227 6 Determinants of Employer Demand 1980-1998: Bivariate Analyses 229 6.1 Research Design 229 6.2 Company-Level Factors 236 6.3 Markets 279 6.4 Institutions 284 6.5 External Organisations 286 6.6 Conclusions 292 7 Determinants of Employer Demand 1980-1998: Multivariate Analyses 295 7.1 The Current State of Research 295 7.2 Research Design 300 7.3 The Empirical Results 318 7.4 Conclusions 348 8 Conclusions 353 8.1 Determinants of Governance Structures: The Findings 353 8.2 Whodunit? The Decline of Collective Bargaining in Britain 357 8.3 The Implications of Decollectivisation for Human Resource Management and Industrial Relations 360 8.4 Optimal Governance Structures for the Employment Relationship: A Role for Public Policy? 362 Appendix 367 Bibliography 383 Index 409
Author : M.T. Belongia
Publisher : Springer Science & Business Media
ISBN 13 : 9780792392392
Total Pages : 248 pages
Book Rating : 4.3/5 (923 download)
Download or read book The Business Cycle: Theories and Evidence written by M.T. Belongia and published by Springer Science & Business Media. This book was released on 1992-10-31 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: These proceedings, from a conference held at the Federal Reserve Bank of St. Louis on October 17-18, 1991, attempted to layout what we currently know about aggregate economic fluctuations. Identifying what we know inevitably reveals what we do not know about such fluctuations as well. From the vantage point of where the conference's participants view our current understanding to be, these proceedings can be seen as suggesting an agenda for further research. The conference was divided into five sections. It began with the formu lation of an empirical definition of the "business cycle" and a recitation of the stylized facts that must be explained by any theory that purports to capture the business cycle's essence. After outlining the historical develop ment and key features of the current "theories" of business cycles, the conference evaluated these theories on the basis of their ability to explain the facts. Included in this evaluation was a discussion of whether (and how) the competing theories could be distinguished empirically. The conference then examined the implications for policy of what is known and not known about business cycles. A panel discussion closed the conference, high lighting important unresolved theoretical and empirical issues that should be taken up in future business cycle research. What Is a Business Cycle? Before gaining a genuine understanding of business cycles, economists must agree and be clear about what they mean when they refer to the cycle.
Author : E. Karakitsos
Publisher : Springer
ISBN 13 : 1137383410
Total Pages : 372 pages
Book Rating : 4.1/5 (373 download)
Download or read book Maritime Economics written by E. Karakitsos and published by Springer. This book was released on 2014-06-24 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses shipping markets and their interdependence. This ground-breaking text develops a new macroeconomic approach to maritime economics and provides the reader with a more comprehensive understanding of the way modern shipping markets function.
Author : Jean-Pascal Benassy
Publisher : Oxford University Press
ISBN 13 : 0195387716
Total Pages : 603 pages
Book Rating : 4.1/5 (953 download)
Download or read book Macroeconomic Theory written by Jean-Pascal Benassy and published by Oxford University Press. This book was released on 2011-05-12 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: This graduate textbook is a "primer" in macroeconomics. It starts with essential undergraduate macroeconomics and develops in a simple and rigorous manner the central topics of modern macroeconomic theory including rational expectations, growth, business cycles, money, unemployment, government policy, and the macroeconomics of nonclearing markets. The emphasis throughout the book is on both foundations and presenting the simplest model for each topic that will deliver the relevant answers. The first two chapters recall the main workhorses of undergraduate macroeconomics: the Solow-Swan growth model, the Keynesian IS-LM model, and the Phillips curve. The next chapters present four fundamental "building blocks" of modern macroeconomics: rational expectations, intertemporal dynamic models, nonclearing markets and imperfect competition, and uncertainty. Later the book deals with growth, notably the Ramsey model, overlapping generations, and endogenous growth. Chapter 10 moves to the famous "real business cycles" (RBC), which integrate in a unified framework growth and fluctuations. The final chapters look at the issue of stabilization, how best to guard the economy from shocks, and the connections between politics and the macroeconomy. To make the book self contained, a mathematical appendix gives a number of simple technical results that are sufficient to follow the formal developments of the book.
Author : Roger E. Backhouse
Publisher : Routledge
ISBN 13 : 1134864396
Total Pages : 416 pages
Book Rating : 4.1/5 (348 download)
Download or read book New Directions in Economic Methodology written by Roger E. Backhouse and published by Routledge. This book was released on 2012-12-06 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there has been a flowering of work on economic methodology. However there is no longer any consensus about which direction this should take or, indeed, even what the role and content of economic methodology should be. This book reflects this diversity. Its contributors are responsible for the major developments in this field and together they give an account of all the major positions which currently prevail in economic methodology. These include attempts to rehabilitate the 'falsification' of Kuhn, Lakatos and Popper, sociology of knowledge approaches, different forms of realism, contributions from the 'rhetoric' project and other perspectives which view the economy as a text.
