Rapid Labor Reallocation with a Stagnant Unemployment Pool

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4./5 ( download)

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Book Synopsis Rapid Labor Reallocation with a Stagnant Unemployment Pool by : Jan Rutkowski

Download or read book Rapid Labor Reallocation with a Stagnant Unemployment Pool written by Jan Rutkowski and published by World Bank Publications. This book was released on 2002 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lithuania is a transition economy undergoing rapid enterprise restructuring associated with substantial job turnover. At the same time, unemployment in Lithuania is high and of long duration. This presents a puzzle: high job turnover epitomizes labor market flexibility, while high unemployment indicates labor market rigidities. What are the reasons behind this paradox? Why do the unemployed not benefit from job opportunities created by high job turnover, which entails high rates of job creation and hiring? To answer this question, the author looks at three perspectives on labor market flexibility: 1) The macroeconomic perspective-A flexible labor market is one that facilitates full use and efficient allocation of labor resources. 2) The worker perspective-A flexible labor market means ease in finding a job paying a wage adequate to the worker's effort and skills. 3) The employer perspective-A flexible labor market does not unduly constrain the employer's ability to adjust employment and wages to changing market conditions. The author looks at all three dimensions of labor market flexibility by analyzing job reallocation, worker transitions across labor force states, wage distribution, and regulatory constraints faced by employers. He focuses on the issue of job creation and job destruction, using micro level data on all registered firms. He finds that flexibility in one dimension can concur with rigidities in the other. Specifically, employers in Lithuania have a substantial degree of flexibility with employment adjustment coupled with limited flexibility to wage adjustment due to a high statutory minimum wage. The relatively rigid wage structure locks low productivity workers who are preponderant among the unemployed. The low-skilled long-term unemployed have become marginalized and unable to successfully compete for available jobs, while the high job turnover is accounted for largely by job-to-job transitions. As a result, a dynamic labor market coincides with a stagnant unemployment pool.

Labor Statistics Measurement Issues

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Publisher : University of Chicago Press
ISBN 13 : 0226314596
Total Pages : 494 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Labor Statistics Measurement Issues by : John Haltiwanger

Download or read book Labor Statistics Measurement Issues written by John Haltiwanger and published by University of Chicago Press. This book was released on 2007-12-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapidly changing technology, the globalization of markets, and the declining role of unions are just some of the factors that have led to dramatic changes in working conditions in the United States. Little attention has been paid to the difficult measurement problems underlying analysis of the labor market. Labor Statistics Measurement Issues helps to fill this gap by exploring key theoretical and practical issues in the measurement of employment, wages, and workplace practices. Some of the chapters in this volume explore the conceptual issues of what is needed, what is known, or what can be learned from existing data, and what needs have not been met by available data sources. Others make innovative uses of existing data to analyze these topics. Also included are papers examining how answers to important questions are affected by alternative measures used and how these can be reconciled. This important and useful book will find a large audience among labor economists and consumers of labor statistics.

The Reallocation of Labour

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Publisher :
ISBN 13 : 9780753012666
Total Pages : 27 pages
Book Rating : 4.0/5 (126 download)

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Book Synopsis The Reallocation of Labour by : Simon M. Burgess

Download or read book The Reallocation of Labour written by Simon M. Burgess and published by . This book was released on 1999 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Law and Employment

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Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Law and Employment by : James J. Heckman

Download or read book Law and Employment written by James J. Heckman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.

Labour Markets in Transition

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Publisher : International Labour Organization
ISBN 13 : 9789221137238
Total Pages : 180 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis Labour Markets in Transition by : Sandrine Cazes

Download or read book Labour Markets in Transition written by Sandrine Cazes and published by International Labour Organization. This book was released on 2003 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book aims to contribute to [the] debate on the degree of flexibility and security needed for the transition countries, and its implications for the new direction of labour market and social policies."--Foreword.

The Reallocation of Workers and Jobs in Russian Industry

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.L/5 ( download)

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Book Synopsis The Reallocation of Workers and Jobs in Russian Industry by : J. David Brown

Download or read book The Reallocation of Workers and Jobs in Russian Industry written by J. David Brown and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Job Creation

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Job Creation by : Pietro Garibaldi

Download or read book Job Creation written by Pietro Garibaldi and published by International Monetary Fund. This book was released on 2000-06-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, the United States has been very successful atcreating jobs. Some other industrial countries have clearly lagged behind. But what is the reason why some countries are more successful than others at creating employment? Are there common factors that explainjob creation? This paper presents the findings of a new IMF study that has systematically analyzed job creation over the past two decades in theindustrial countries, focusing particularly on differences within Europe.

Latin America and the Caribbean (LAC) Report

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Publisher : Iaastd
ISBN 13 :
Total Pages : 260 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Latin America and the Caribbean (LAC) Report by : International Assessment of Agricultural Knowledge, Science, and Technology for Development (Project)

Download or read book Latin America and the Caribbean (LAC) Report written by International Assessment of Agricultural Knowledge, Science, and Technology for Development (Project) and published by Iaastd. This book was released on 2009 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Assessment of Agricultural Knowledge, Science, and Technology for Development (IAASTD) looks realistically at how we could effectively use agriculture/AKST to help us meet development and sustainability goals. An unprecedented three-year collaborative effort, the IAASTD involved more than 400 authors in 110 countries and cost more than $11 million. It reports on the advances and setbacks of the past fifty years and offers options for the next fifty years. The results of the project are contained in seven reports: a Global Report, five regional Sub-Global Assessments, and a Synthesis Report. The Global Report gives the key findings of the Assessment, and the five Sub-Global Assessments address regional challenges. The volumes present options for action. All of the reports have been extensively peer-reviewed by governments and experts and all have been approved by a panel of participating governments. The Sub-Global Assessments all utilize a similar and consistent framework: examining and reporting on the impacts of AKST on hunger, poverty, nutrition, human health, and environmental/social sustainability. The five Sub-Global Assessments cover the following regions: Central and West Asia and North Africa (CWANA) East and South Asia and the Pacific (ESAP) Latin America and the Caribbean (LAC) North America and Europe (NAE) Sub-Saharan Africa (SSA)

Post-industrial Labour Markets

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Publisher : Routledge
ISBN 13 : 1134602030
Total Pages : 339 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Post-industrial Labour Markets by : Thomas Boje

Download or read book Post-industrial Labour Markets written by Thomas Boje and published by Routledge. This book was released on 2005-07-08 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: In nearly all OECD countries, the labour market has been in flux in recent decades. This book examines the labour markets and the institutional frameworks that condition their functioning in four different countries: Canada, the United States, Denmark and Sweden. Through a comparative study of these cases, the book discusses the nation-specific patterns that exist in a world that seems to become increasingly subject to common social and economic development.

Business Regulation and Economic Performance

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Publisher : World Bank Publications
ISBN 13 : 0821381458
Total Pages : 294 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Business Regulation and Economic Performance by : Norman V. Loayza

Download or read book Business Regulation and Economic Performance written by Norman V. Loayza and published by World Bank Publications. This book was released on 2010-01-11 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Schumpeterian process of 'creative destruction' is an essential ingredient of a dynamic economy. In many countries around the world, however, this process is weakened by pervasive regulation of product and factor markets. This book documents the regulatory obstacles faced by firms, particularly in developing countries, and assesses their implications for firm renewal and macroeconomic performance. Combining a variety of methodological approaches--analytical and empirical, micro and macroeconomic, single- and cross-country-- the book provides evidence that streamlining the regulatory framework would have a significant social pay-off, particularly in developing countries that are also burdened by weak governance. The book's chapters trace out analytically and empirically the links between microeconomic policies and distortions, on the one hand, and aggregate performance in terms of productivity, growth and volatility, on the other. The volume adds to a novel but increasingly influential literature that seeks to understand macroeconomic phenomena from a microeconomic perspective, and derive the relevant lessons for development policy. Such literature is still fairly scarce in the case of industrial countries, and virtually in its infancy for developing countries.

Education and Training in Europe

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Publisher : Oxford University Press, USA
ISBN 13 : 0199210977
Total Pages : 386 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Education and Training in Europe by : Giorgio Brunello

Download or read book Education and Training in Europe written by Giorgio Brunello and published by Oxford University Press, USA. This book was released on 2007-05-17 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the accumulation of human capital from two perspectives, through formal education and then professional training, this book provides a summary of the characteristics of education and training in Europe and also asks key questions about the problems with the current educational and training systems.

OECD Employment Outlook 2013

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Publisher : OECD Publishing
ISBN 13 : 9264201297
Total Pages : 270 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis OECD Employment Outlook 2013 by : OECD

Download or read book OECD Employment Outlook 2013 written by OECD and published by OECD Publishing. This book was released on 2013-07-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Employment Outlook 2013 looks at labour markets in the wake of the crisis. It also includes chapters employment protection legislation; benefit systems, employment and training programmes and re-employment earnings and skills afer job loss.

Perspectives on Global Development 2014 Boosting Productivity to Meet the Middle-Income Challenge

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Publisher : OECD Publishing
ISBN 13 : 926421061X
Total Pages : 289 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Perspectives on Global Development 2014 Boosting Productivity to Meet the Middle-Income Challenge by : OECD

Download or read book Perspectives on Global Development 2014 Boosting Productivity to Meet the Middle-Income Challenge written by OECD and published by OECD Publishing. This book was released on 2014-07-02 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, competitiveness is viewed as a multifaceted concept comprising aspects of the economy and society needed to implement change and move toward sustainable convergence.

OECD Employment Outlook 2010 Moving beyond the Jobs Crisis

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Publisher : OECD Publishing
ISBN 13 : 9264086145
Total Pages : 311 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Employment Outlook 2010 Moving beyond the Jobs Crisis by : OECD

Download or read book OECD Employment Outlook 2010 Moving beyond the Jobs Crisis written by OECD and published by OECD Publishing. This book was released on 2010-07-07 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's annual report on employment and labour markets. This edition includes articles on Moving Beyond the Jobs Crisis, The Global Crisis in Emerging Economies, Institutional and Policy Determinants of Labour Market Flows, and Part-Time Work.

Personnel Economics in Imperfect Labour Markets

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Publisher : OUP Oxford
ISBN 13 : 9780191535727
Total Pages : 284 pages
Book Rating : 4.5/5 (357 download)

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Book Synopsis Personnel Economics in Imperfect Labour Markets by : Pietro Garibaldi

Download or read book Personnel Economics in Imperfect Labour Markets written by Pietro Garibaldi and published by OUP Oxford. This book was released on 2006-03-16 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Personnel economics, the use of economics for studying human resource issues, is becoming a standard course in business and economics departments around the world. Indeed, after being successfully introduced in North American business schools, the teaching of personnel economics is now growing in Europe and in the rest of the world. Yet, most of the traditional analysis of personnel economics assumes a perfectly competitive labour market, a situation in which wages are fully flexible and dismissals can take place at no cost. Such a setting is inappropriate for most European markets, where wage rigidity and wage compression are widespread phenomena, and where employment protection legislation is very stringent. Personnel Economics in Imperfect Labour Markets aims to describe key personnel issues when firms and human resource managers act in highly regulated labour markets. Written to be accessible to students, the book provides original answers to questions which have previously been left to specialized academic journals. Should hiring take place under temporary or permanent contracts? How can we provide compensation related incentives when minimum wages are binding? How de we solve the employment/hours trade-off? These questions and more are discussed within the text.

International Business

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Publisher : S. Chand Publishing
ISBN 13 : 8121942802
Total Pages : 1136 pages
Book Rating : 4.1/5 (219 download)

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Book Synopsis International Business by : V.K.Bhalla

Download or read book International Business written by V.K.Bhalla and published by S. Chand Publishing. This book was released on 2013 with total page 1136 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Business

Elgar Encyclopedia of Labour Studies

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Publisher : Edward Elgar Publishing
ISBN 13 : 1800377541
Total Pages : 281 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Elgar Encyclopedia of Labour Studies by : Tor Eriksson

Download or read book Elgar Encyclopedia of Labour Studies written by Tor Eriksson and published by Edward Elgar Publishing. This book was released on 2023-09-06 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative Elgar Encyclopedia provides a comprehensive overview of central concepts in labour studies, and how they can be used to analyse labour markets. Examining regional and sectoral labour markets alongside the internal labour markets of firms, it clearly lays out the current state of social scientific knowledge on labour.