Output And Employment Effects Of Public Policy

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Output and Employment Effects of Public Policy

Author : David Alan Aschauer
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Output and Employment Effects of Public Policy by : David Alan Aschauer

Download or read book Output and Employment Effects of Public Policy written by David Alan Aschauer and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, a considerable amount of research has been conducted on the relationship between "public capital" or "infrastructure capital" and economic performance. Since the initial work of Aschauer (1989), researchers have used a variety of data sets to investigate an even wider variety of hypotheses regarding the linkages between public capital and the economy. In particular, many authors have made use of state level data to look at the importance of infrastructure to productivity (e.g., Munnell (1990)), to costs of production in manufacturing sectors (e.g., Holtz-Eakin and Schwartz (1995)). This paper, along with Aschauer (1997b), also makes use of state level data to consider the static and dynamic effects of the provision of public capital on economic growth. The basic notion is that a nonlinear relationship can be expected to arise between the level of the public capital stock-- relative to the private capital stock--and output and employment growth at the state level. This nonlinearity might be due to a variety of reasons. One such reason, given by Barro (1990) and, by extension, Aschauer (1997a), is that the benefits of public capital rise at a diminishing rate but the costs of providing public capital (e.g., through distorting taxation) rise at a constant rate. Another (related) reason, explored in Arrow and Kurz (1970), is that at any particular point in time the aggregate capital stock is misallocated unless the marginal product of public capital equals the marginal product of private capital. Both of these arguments imply that there should exist an output (and, by extension, an employment) growth maximizing level of the public capital stock relative to the private capital stock. For relatively low levels of public capital, increased public investment raises the economic growth rate, but for relatively high levels of public capital, increased public investment decreases growth.

Measuring Employment Effects in the Regulatory Process

Author : United States. National Commission for Employment Policy
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Measuring Employment Effects in the Regulatory Process by : United States. National Commission for Employment Policy

Download or read book Measuring Employment Effects in the Regulatory Process written by United States. National Commission for Employment Policy and published by . This book was released on 1993 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Interpretive Review of Employment Impact Analysis of Selected Federal Program Expenditures

Author : James Tang
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis An Interpretive Review of Employment Impact Analysis of Selected Federal Program Expenditures by : James Tang

Download or read book An Interpretive Review of Employment Impact Analysis of Selected Federal Program Expenditures written by James Tang and published by . This book was released on 1977 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Markets, Employment Policy, And Job Creation

Author : Lewis C. Solmon
Publisher : Routledge
ISBN 13 : 0429723601
Total Pages : 394 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Labor Markets, Employment Policy, And Job Creation by : Lewis C. Solmon

Download or read book Labor Markets, Employment Policy, And Job Creation written by Lewis C. Solmon and published by Routledge. This book was released on 2019-03-07 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear, accessible volume provides a comprehensive overview of the ongoing debate over the determining factors of and key influences on employment growth and labor market training, education, and related policies in the United States. Drawing on the work of distinguished labor economists, the chapters tackle questions posed by job and skill demands in the "new high-tech economy" and explore sources of employment growth; productivity growth and its implications for future employment; government mandates, labor costs, and employment; and labor force demographics, income inequality, and returns to human capital. These topics are central concerns for government, which must judge every prospective policy proposal by its effects on employment growth. Washington keeps at least one eye firmly on the jobs picture, and public officials at every level are constantly aware of the issues surrounding American job security. The jobs issue reaches beyond this focus on the unemployment rate and on total employment, including the rate at which employment is seen as growing, the growth of real wages, the security of employment, returns to human capital, uncertainty about the education and training best suited for a world of rapidly changing economic conditions, and the distribution of the gains from growth across economic classes and population groups.

The Estimation of Employment Effects of PWA and Public Works Projects in General

Author : Lloyd Walter Frueh
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis The Estimation of Employment Effects of PWA and Public Works Projects in General by : Lloyd Walter Frueh

Download or read book The Estimation of Employment Effects of PWA and Public Works Projects in General written by Lloyd Walter Frueh and published by . This book was released on 1961 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Analytical Political Economy

Author : Roberto Veneziani
Publisher : John Wiley & Sons
ISBN 13 : 1119483360
Total Pages : 402 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Analytical Political Economy by : Roberto Veneziani

Download or read book Analytical Political Economy written by Roberto Veneziani and published by John Wiley & Sons. This book was released on 2018-06-11 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a unique picture of recent developments in a range of non-conventional theoretical approaches in economics, this book introduces readers to the study of Analytical Political Economy and the changes within the subject. Includes a wide range of topics and theoretical approaches that are critically and thoroughly reviewed Contributions within the book are written according to the highest standards of rigor and clarity that characterize academic work Provides comprehensive and well-organized surveys of cutting-edge empirical and theoretical work covering an exceptionally wide range of areas and fields Topics include macroeconomic theories of growth and distribution; agent-based and stock-flow consistent models; financialization and Marxian price and value theory Investigates exploitation theory; trade theory; the role of expectations and ‘animal spirits’ on macroeconomic performance as well as empirical research in Marxian economics

The Macroeconomic Effects of Public Investment

Author : Mr.Abdul Abiad
Publisher : International Monetary Fund
ISBN 13 : 1484361555
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Macroeconomic Effects of Public Investment by : Mr.Abdul Abiad

Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

Evaluating the Labor-market Effects of Social Programs

Author : Princeton University. Industrial Relations Section
Publisher : Princeton, N. J. : Industrial Relations Section, Department of Economics, Princeton University
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Evaluating the Labor-market Effects of Social Programs by : Princeton University. Industrial Relations Section

Download or read book Evaluating the Labor-market Effects of Social Programs written by Princeton University. Industrial Relations Section and published by Princeton, N. J. : Industrial Relations Section, Department of Economics, Princeton University. This book was released on 1976 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Jointly sponsored by the Industrial Relations Section and the Office of the Assistant Secretary for Policy, Evaluation and Research of the U.S. Department of Labor." Includes bibliographies.

Labor Markets and Social Security

Author : John T. Addison
Publisher : Springer Science & Business Media
ISBN 13 : 3540247807
Total Pages : 406 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Labor Markets and Social Security by : John T. Addison

Download or read book Labor Markets and Social Security written by John T. Addison and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: John T. Addison and Paul J. J. Welfens Because inflation seems moribund in OECD countries, stubborn unemployment became the top policy priority of the 1990s. Unemployment has increased in many countries, reaching critical levels for unskilled and young workers in most continental EU countries. Europe's employment performance has continued to lag that in North America. The U. S. in particular achieved a remarkable combination of low inflation and full employment in the late 1990s, at a time when the EU suf fered from record unemployment rates, even if inflation was remarkably low. Since the 1980s, the consensus view among economists is that structural unem ployment plays a much more important role than cyc1ical unemployment in Europe, but that labour costs (wage costs plus nonwage costs) are also part of Europe's labour market problem. Most EU countries rely on a pay-as-you-go pub lic pension system. Contribution rates gradually increased in the 1980s and 1990s, when the share of young workers in overall employment was dec1ining and life expectancy increasing. Rising nonwage costs from the pension system are but one important feature of labour markets in Europe. Given the remarkable dynamics of labour markets, new entry into the labour force, labour turnover, and changes in employment characteristics, one has to also search for other factors behind sus tained unemployment. High unemployment is critical for EU countries, where one can point to rela tively few positive developments after 1975. The U. K.

Modern Labor Economics

Author : Ronald G. Ehrenberg
Publisher : Routledge
ISBN 13 : 1351590138
Total Pages : 776 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Modern Labor Economics by : Ronald G. Ehrenberg

Download or read book Modern Labor Economics written by Ronald G. Ehrenberg and published by Routledge. This book was released on 2017-07-31 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Labor Economics: Theory and Public Policy, now in its thirteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior, and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. Experienced educators for nearly four decades, co-authors Ehrenberg and Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This new edition continues to offer: a balance of relevant, contemporary examples; coverage of the current economic climate; introduction to basic methodological techniques and problems; tools for review and further study. In addition to providing updated data and examples throughout, the thirteenth edition offers greater coverage of inequality, healthcare policy, and labor-replacing technologies. The text is also supported by a full range of companion online materials.

Applied Analysis of Growth, Trade, and Public Policy

Author : Moriki Hosoe
Publisher : Springer
ISBN 13 : 981131876X
Total Pages : 238 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Applied Analysis of Growth, Trade, and Public Policy by : Moriki Hosoe

Download or read book Applied Analysis of Growth, Trade, and Public Policy written by Moriki Hosoe and published by Springer. This book was released on 2018-12-06 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the various problems of growth, trade and public policy from the perspective of applied economics, based on research in areas such as public policies, trade and regulation, and development economics. Part 1 investigates the broad problems of growth and regional economy, focusing on economic developments in Japan and Korea. Part 2 discusses trade and foreign investment in Japan, mainly on an empirical basis. Part 3 then examines various public economic policies using applied analysis tools. The papers in this volume have been collected to commemorate ten years of academic exchange between the Japan Association for Applied Economics (JAAE) and the Korean Economics and Business Association (KEBA), and include an applied economic analysis of growth and trade in Korea and Japan.

The Political Economy of Competitiveness

Author : Michael Kitson
Publisher : Routledge
ISBN 13 : 1136294805
Total Pages : 214 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis The Political Economy of Competitiveness by : Michael Kitson

Download or read book The Political Economy of Competitiveness written by Michael Kitson and published by Routledge. This book was released on 2015-12-22 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective. Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include: * trade theory and policy * industrial decline and policy * markets, competition and innovation * globalisation, unemployment and government policy. The book provides a valuable guide to the major economic policy issues for both economists and business students.

Innovation and Employment

Author : Charles Edquist
Publisher : Edward Elgar Publishing
ISBN 13 : 1843762870
Total Pages : 226 pages
Book Rating : 4.8/5 (437 download)

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Book Synopsis Innovation and Employment by : Charles Edquist

Download or read book Innovation and Employment written by Charles Edquist and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an important addition to what can be broadly referred to as the national systems of innovation (NSI) approach. The particular contribution of the book is in the examination of the employment effects of innovation, something only indirectly considered hitherto. . . It is a thorough integration of existing knowledge on the key employment implications of innovation. . . Rachel Parker, Labour and Industry This is a highly readable, non-technical book . . . a highly clear and well-argued book that should be useful for policymakers and higher education alike. It brings together much of the most recent and useful literature in the area of innovation, employment and related public policy. It is an opportune addition to the existing documentation on the subject. Journal of Economics / Zeitschrift für Nationalökonomie Which kinds of growth lead to increased employment and which do not? This is one of the questions that this important volume attempts to answer. The book explores the complex relationships between innovation, growth and employment that are vital for both research into, and policy for, the creation of jobs. Politicians claiming that more rapid growth would remedy unemployment do not usually specify what kind of growth is meant. Is it, for example, economic (GDP) or productivity growth? Growing concern over jobless growth requires both policymakers and researchers to make such distinctions, and to clarify their employment implications. The authors initially address their theoretical approach to, and conceptualization of, innovation and employment, where the distinction between process and product innovations and between high-tech and low-tech goods and services are central. They go on to address the relationship between innovation and employment, using empirical material to analyse the effects that different kinds of innovations have upon job creation and destruction. Finally, the volume summarizes the findings and addresses conclusions as well as policy implications. This book will be of great interest to those involved in research and policy in the fields of macroeconomics (economic growth and employment), industrial economics and innovation.

Finance & Development, September 2014

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475566980
Total Pages : 60 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Finance & Development, September 2014 by : International Monetary Fund. External Relations Dept.

Download or read book Finance & Development, September 2014 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2014-08-25 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

Modern Labor Economics

Author : Ronald Ehrenberg
Publisher : Taylor & Francis
ISBN 13 : 1000397858
Total Pages : 783 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Modern Labor Economics by : Ronald Ehrenberg

Download or read book Modern Labor Economics written by Ronald Ehrenberg and published by Taylor & Francis. This book was released on 2021-08-23 with total page 783 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Labor Economics: Theory and Public Policy, now in its fourteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. The authors believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. Consequently, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This new edition continues to offer the following: a balance of relevant, contemporary examples coverage of the current economic climate an introduction to basic methodological techniques and problems tools for review and further study This fourteenth edition presents updated data throughout and a wealth of new examples, such as the impact of COVID-19 lockdowns, gig work, nudges, monopsony power in the technology industry, and the effect of machine learning on inequality. Supplementary materials for students and instructors are available on the book’s companion website.

Income, Employment and Public Policy

Author : Lloyd Appleton Metzler
Publisher :
ISBN 13 :
Total Pages : 394 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Income, Employment and Public Policy by : Lloyd Appleton Metzler

Download or read book Income, Employment and Public Policy written by Lloyd Appleton Metzler and published by . This book was released on 1948 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: --Economic policy: Credit controls, interest rates, and management of public debt, by R.A. Musgrave. The burden of the national debt, by A.P. Lerner. Carl Dietzel, public expenditures, and the public debt, by W.F. Stettner. Business-income taxation and investment incentives, by E.C. Brown. Alternative expansionist fiscal policies: a diagrammatic analysis, by R.L. Bishop. Productivity and the wage structure, by J.T. Dunlop. Exchange practices and the Fund, by Alice Bourneuf. Bibliographical footnotes. Determinants of income: Three lags in the circular flow of income, by L.A. Metzler. Investment, losses, and monopolies, by E.D. Domar. Income-consumption relations and their implications, by J.S. Duesenberry. Concepts and criteria of secular stagnation, by Benjamin Higgins. Secular and cyclical aspects of the multiplier and the accelerator, by R.M. Goodwin. The simple mathematics of income determination, by P.A. Samuelson.--Social setting: Income redistribution reconsidered, by D.M. Wright. Opposition to deficit spending for the prevention of unemployment, by S.S. Alexander. Dynamic elements in a full employment program, by H.S. Perloff.

Differences in the Total Employment Effects of Government Purchases from the Private Sector and Direct Government Hiring of the Unemployed

Download Differences in the Total Employment Effects of Government Purchases from the Private Sector and Direct Government Hiring of the Unemployed PDF Online Free

Author : George E. Johnson
Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Differences in the Total Employment Effects of Government Purchases from the Private Sector and Direct Government Hiring of the Unemployed by : George E. Johnson

Download or read book Differences in the Total Employment Effects of Government Purchases from the Private Sector and Direct Government Hiring of the Unemployed written by George E. Johnson and published by . This book was released on 1973 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: