Product Market Integration, Wage Dispersion and Unemployment

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

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Book Synopsis Product Market Integration, Wage Dispersion and Unemployment by : Torben M. Andersen

Download or read book Product Market Integration, Wage Dispersion and Unemployment written by Torben M. Andersen and published by . This book was released on 2001 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Job Matching, Wage Dispersion, and Unemployment

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Publisher : IZA Prize in Labor Economics
ISBN 13 : 9780198779995
Total Pages : 0 pages
Book Rating : 4.7/5 (799 download)

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Book Synopsis Job Matching, Wage Dispersion, and Unemployment by : Dale T. Mortensen

Download or read book Job Matching, Wage Dispersion, and Unemployment written by Dale T. Mortensen and published by IZA Prize in Labor Economics. This book was released on 2016-06-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dale T. Mortensen and Christopher A. Pissarides are the recipients (with Peter Diamond) of the Nobel memorial Prize in Economics 2010. They have made path-breaking contributions to the analysis of markets with search and matching frictions, which account for much of the success of job searchtheory and the flows approach in becoming a leading tool for microeconomic and macroeconomic analysis of labor markets. Both scientists have gained groundbreaking insights through individual as well as joint research. Consequently, this volume not only features several papers which helped shape theequilibrium search model, including some early contributions which have initiated the research on what is known today as the search and matching model of the labor market, but it also presents a joint paper by the IZA Prize Laureates, which is a complete statement of the equilibrium search andmatching model with endogenous job creation and job destruction.As part of the IZA Prize Series, the book presents a selection of their most important work which has highly enriched research on unemployment as an equilibrium phenomenon, on labor market dynamics, and on cyclical adjustment.

Product Market Integration, Rents and Wage Inequality

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (122 download)

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Book Synopsis Product Market Integration, Rents and Wage Inequality by : Allan Sørensen

Download or read book Product Market Integration, Rents and Wage Inequality written by Allan Sørensen and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Segmentation, Wage Dispersion and Unemployment

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Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (261 download)

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Book Synopsis Labor Market Segmentation, Wage Dispersion and Unemployment by : Kevin Lang

Download or read book Labor Market Segmentation, Wage Dispersion and Unemployment written by Kevin Lang and published by . This book was released on 1992 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper briefly reviews the empirical evidence on labor market segmentation and presents some new results on the similarity of the pattern of segmentation across 66 different countries. The paper goes on to consider how unemployment might be understood in a labor market segmentation framework. Existing models of unemployment in a dual labor market suggest that unemployment should be concentrated among those who are ultimately employed in high wage jobs. In fact, unemployment seems to be concentrated among workers who are more likely to be found in low wage jobs. This happens even though at least some workers find low wage jobs easy to obtain, We develop a segmented labor market model capable of explaining these facts and then explore its implications for the aggregate unemployment rate. We find that it fits well with the facts.

Divided We Stand Why Inequality Keeps Rising

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Publisher : OECD Publishing
ISBN 13 : 9264119531
Total Pages : 390 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Divided We Stand Why Inequality Keeps Rising by : OECD

Download or read book Divided We Stand Why Inequality Keeps Rising written by OECD and published by OECD Publishing. This book was released on 2011-12-05 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines to which extent economic globalisation, skill-biased technological progress and institutional and regulatory reforms have had an impact on the distribution of earnings.

Labor, Credit, and Goods Markets

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Publisher : MIT Press
ISBN 13 : 0262036452
Total Pages : 271 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Labor, Credit, and Goods Markets by : Nicolas Petrosky-Nadeau

Download or read book Labor, Credit, and Goods Markets written by Nicolas Petrosky-Nadeau and published by MIT Press. This book was released on 2017-11-10 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.

Unemployment, Labor Market Transitions, and Residual Wage Dispersion

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

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Book Synopsis Unemployment, Labor Market Transitions, and Residual Wage Dispersion by : Bernd Fitzenberger

Download or read book Unemployment, Labor Market Transitions, and Residual Wage Dispersion written by Bernd Fitzenberger and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is commonplace in the debate on Germany's labor market problems to argue that high unemployment and low wage dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of the workers. Accordingly, increases in union minimum wages result in a decline of residual wage dispersion and higher unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the firms. Accordingly, an increase in search frictions causes both higher unemployment and higher wage dispersion. The empirical analysis attempts to discriminate between the two hypotheses for West Germany analyzing the relationship between wage dispersion and both the level of unemployment as well as the transition rates between different labor market states. The findings are not completely consistent with either theory. However, as predicted by search theory, one robust result is that unemployment by cells is not negatively correlated with the within-cell wage dispersion.

Alternatives for Welfare Policy

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Publisher : Cambridge University Press
ISBN 13 : 1139438085
Total Pages : 399 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Alternatives for Welfare Policy by : Torben M. Andersen

Download or read book Alternatives for Welfare Policy written by Torben M. Andersen and published by Cambridge University Press. This book was released on 2003-08-21 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demographic change and increasingly international markets are putting severe pressure on developed welfare states in the OECD countries. The contributors to this book assess the magnitude of these challenges and discuss in depth, and in concrete terms, what policy options are open to meet them. Looking at public service production, social insurance, tax policy and debt policy, they examine the main costs and benefits associated with an extensive welfare state and ask whether the same objectives can be reached with a welfare regime that is less costly. They also discuss whether the organization of the welfare state is capable of meeting future challenges facing a changing society. This rigorous analysis draws on empirical material from OECD countries with a focus on the Scandinavian countries.

EMU One Year on

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Publisher : OECD Publishing
ISBN 13 : 9264181202
Total Pages : 181 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis EMU One Year on by : OECD

Download or read book EMU One Year on written by OECD and published by OECD Publishing. This book was released on 2000-03-29 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study assesses economic developments and policies during the inaugural year of Europe's single currency regime. It analyses the economic performance and prospects of the euro area as a whole, and highlights to what extent aggregate trends are shaped by convergence or divergence.

Wage Dispersion

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Publisher : MIT Press
ISBN 13 : 9780262633192
Total Pages : 170 pages
Book Rating : 4.6/5 (331 download)

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Book Synopsis Wage Dispersion by : Dale Mortensen

Download or read book Wage Dispersion written by Dale Mortensen and published by MIT Press. This book was released on 2003 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and empirical examination of wage differentials findsthat traditional theories of competition do not explain why workers with identical skills are paid differently.

Collective Bargaining and Wage Formation

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Publisher : Springer Science & Business Media
ISBN 13 : 3790815985
Total Pages : 190 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Collective Bargaining and Wage Formation by : Hannu Piekkola

Download or read book Collective Bargaining and Wage Formation written by Hannu Piekkola and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have traditionally been agreed on collectively in Europe. The articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. The issues examined in these papers have a wide applicability to problems on the European labour markets. Torben M. Andersen and Steinar Holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. The other contributions are part of the project investigating collective bargaining in Finland, carried out by ETLA (the Research Institute of the Finnish Economy) and the Labour Institute for E- nomic Research. Some of them use results from a Finnish survey carried out by the two institutes ETLA and the Labour Institute on the views of employers and employees about labour relations and the labour market negotiation system. Bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. By examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.

Product Market Reforms and Unemployment in Europe

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ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Product Market Reforms and Unemployment in Europe by : Hans Gersbach

Download or read book Product Market Reforms and Unemployment in Europe written by Hans Gersbach and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Differentials and Mobility in the Urban Labor Market

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Wage Differentials and Mobility in the Urban Labor Market by : Xiaodong Gong

Download or read book Wage Differentials and Mobility in the Urban Labor Market written by Xiaodong Gong and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Flexibility and Unemployment Dynamics in Regional Labor Markets

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Publisher : W. E. Upjohn Institute
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Wage Flexibility and Unemployment Dynamics in Regional Labor Markets by : Thomas Hyclak

Download or read book Wage Flexibility and Unemployment Dynamics in Regional Labor Markets written by Thomas Hyclak and published by W. E. Upjohn Institute. This book was released on 1992 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Product Market Structure and Labor Market Discrimination

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Publisher : State University of New York Press
ISBN 13 : 0791482405
Total Pages : 236 pages
Book Rating : 4.7/5 (914 download)

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Book Synopsis Product Market Structure and Labor Market Discrimination by : John S. Heywood

Download or read book Product Market Structure and Labor Market Discrimination written by John S. Heywood and published by State University of New York Press. This book was released on 2006-06-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: While increased competition may generate economic efficiency and push employee compensation to market rates, it may also help reduce differential treatment for protected groups such as women, minorities, and the disabled. This book presents the most comprehensive body of empirical evidence on the connection between the product market and the extent of discrimination in labor markets. The contributors look at data from the United States, the United Kingdom, Germany, and Hong Kong in order to explore the product market's influence on discrimination against the disabled, the role of deregulation in creating competition and altering racial employment patterns, and the influence of privatization on public employees' earnings. Nuanced analyses, using best practice econometrics, lead the contributors to conclude that while competition helps equalize treatment of employees, it does not eliminate discrimination.

Wage Formation and European Integration

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Wage Formation and European Integration by : Torben M. Andersen

Download or read book Wage Formation and European Integration written by Torben M. Andersen and published by . This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. Introduction. - 2. Institutional and empirical evidence. - 3. Product market integration and wage formation. - 4. Product market integration and labour market flexibility. - 5. Concluding remarks.

A Product Market Theory of Training and Turnover in Firms

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis A Product Market Theory of Training and Turnover in Firms by : Hans Gersbach

Download or read book A Product Market Theory of Training and Turnover in Firms written by Hans Gersbach and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: