Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Productivity Growth Wage Setting And The Equilibrium Rate Of Unemployment
Download Productivity Growth Wage Setting And The Equilibrium Rate Of Unemployment full books in PDF, epub, and Kindle. Read online Productivity Growth Wage Setting And The Equilibrium Rate Of Unemployment ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Productivity Growth, Wage Setting and the Equilibrium Rate of Unemployment by : Alan Manning
Download or read book Productivity Growth, Wage Setting and the Equilibrium Rate of Unemployment written by Alan Manning and published by . This book was released on 1992 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The "Natural" Rate of Unemployment by :
Download or read book The "Natural" Rate of Unemployment written by and published by . This book was released on 1982 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Costs of Price Stability - Downward Nominal Wage Rigidity in Europe by : Steinar Holden
Download or read book The Costs of Price Stability - Downward Nominal Wage Rigidity in Europe written by Steinar Holden and published by . This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most European countries, the prevailing terms of employment, including the nominal wage, can only be changed by mutual consent. I show that this feature implies that workers have a strategic advantage in the wage negotiations when they try to prevent a cut in nominal wages. If inflation is so low that some nominal wages have to be cut, the strategic advantage of the workers' induces higher unemployment in equilibrium. The upshot is a long run tradeoff between inflation and unemployment for low levels of inflation. The prediction that low inflation involves higher unemployment in Europe but not in the US, is consistent with previous empirical findings.
Book Synopsis Unemployment and Productivity in the Long Run by : Pierpaolo Benigno
Download or read book Unemployment and Productivity in the Long Run written by Pierpaolo Benigno and published by International Monetary Fund. This book was released on 2010-11-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U.S. episodes which a linear model based only on long-run productivity growth cannot fully explain. These are the decline in long-run unemployment over the 1980s and its rise during the late 2000s.
Author :Ronald G. Bodkin Publisher :University of Pennsylvania Press Anniversary Collection ISBN 13 : Total Pages :312 pages Book Rating :4.:/5 (6 download)
Book Synopsis The Wage-price-productivity Nexus by : Ronald G. Bodkin
Download or read book The Wage-price-productivity Nexus written by Ronald G. Bodkin and published by University of Pennsylvania Press Anniversary Collection. This book was released on 1966 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Primarily for economic theorists, economic statisticians and econometricians, and labor economists.
Download or read book OECD Working Papers written by and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unemployment: Past and Present by : Philip Arestis
Download or read book Unemployment: Past and Present written by Philip Arestis and published by Palgrave MacMillan. This book was released on 2009 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing an overview of the debates which have surrounded employment in the world of economics, this title includes contributions from many experts in the areas of unemployment and macroeconomics.
Book Synopsis Why is Unemployment So High at Full Capacity? by : David T. Coe
Download or read book Why is Unemployment So High at Full Capacity? written by David T. Coe and published by . This book was released on 1990 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unemployment Policy by : Dennis J. Snower
Download or read book Unemployment Policy written by Dennis J. Snower and published by Cambridge University Press. This book was released on 1997-05-15 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is substantial disagreement among policy-makers about how governments should respond to the problem of high unemployment. Thus far there has been little, if any, systematic attempt to evaluate the strengths and weaknesses of the main unemployment policies available to governments in market economies. Individual policy recommendations are usually made in isolation from one another. This book attempts to provide a balanced assessment of the various policy options, including the following: demand management versus supply-side policy, subsidizing employment and training, restructuring labour market regulations, and reforming the welfare state. The book also examines the political economy of unemployment policy and the effect of this policy on productivity growth.
Author :United States. Panel on the American Economy: Employment, Productivity, and Inflation Publisher : ISBN 13 : Total Pages :98 pages Book Rating :4.:/5 (327 download)
Book Synopsis The American Economy--employment, Productivity, and Inflation in the Eighties by : United States. Panel on the American Economy: Employment, Productivity, and Inflation
Download or read book The American Economy--employment, Productivity, and Inflation in the Eighties written by United States. Panel on the American Economy: Employment, Productivity, and Inflation and published by . This book was released on 1980 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Rigidity and Unemployment by : Wilfred Beckerman
Download or read book Wage Rigidity and Unemployment written by Wilfred Beckerman and published by Bloomsbury Academic. This book was released on 1986 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Structural Slumps by : Edmund S. Phelps
Download or read book Structural Slumps written by Edmund S. Phelps and published by Harvard University Press. This book was released on 1994 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dissatisfied with the explanations of the business cycle provided by the Keynesian, monetarist, New Keynesian, and real business cycle schools, Edmund Phelps has developed from various existing strands-some modern and some classical--a radically different theory to account for the long periods of unemployment that have dogged the economies of the United States and Western Europe since the early 1970s. Phelps sees secular shifts and long swings of the unemployment rate as structural in nature. That is, they are typically the result of movements in the natural rate of unemployment (to which the equilibrium path is always tending) rather than of long-persisting deviations around a natural rate itself impervious to changing structure. What has been lacking is a "structuralist" theory of how the natural rate is disturbed by real demand and supply shocks, foreign and domestic, and the adjustments they set in motion. To study the determination of the natural rate path, Phelps constructs three stylized general equilibrium models, each one built around a distinct kind of asset in which firms invest and which is important for the hiring decision. An element of these models is the modern economics of the labor market whereby firms, in seeking to dampen their employees' propensities to quit and shirk, drive wages above market-clearing levels-the phenomenon of the "incentive wage"--and so generate involuntary unemployment in labor-market equilibrium. Another element is the capital market, where interest rates are disturbed by demand and supply shocks such as shifts in profitability, thrift, productivity, and the rate of technical progress and population increase. A general-equilibrium analysis shows how various real shocks, operating through interest rates upon the demand for employees and through the propensity to quit and shirk upon the incentive wage, act upon the natural rate (and thus equilibrium path). In an econometric and historical section, the new theory of economic activity is submitted to certain empirical tests against global postwar data. In the final section the author draws from the theory some suggestions for government policy measures that would best serve to combat structural slumps.
Book Synopsis Macro And Micro Policies For More Growth And Employment by : Herbert Giersch
Download or read book Macro And Micro Policies For More Growth And Employment written by Herbert Giersch and published by Routledge. This book was released on 2019-03-04 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major industrial countries have shown strikingly different performances in recent years. Between 1982 and 1987 • employment in the United States and Japan increased by 13 and 6 per cent respectively but only by 2 per cent in Western Europe. While unemployment rates in America and Japan are presently almost as low as they were in the late 1970s when the cyclical position was about the same • they are double as high as they were then in Western Europe. Correspondingly, GNP growth in Western Europe was low by past and international standards.
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Book Synopsis Unemployment, Capital-Labor Substitution, and Economic Growth by : Mr. Bob Rowthorn
Download or read book Unemployment, Capital-Labor Substitution, and Economic Growth written by Mr. Bob Rowthorn and published by International Monetary Fund. This book was released on 1999-03-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the influence of economic growth on the equilibrium unemployment rate (NAIRU). It examines how income distribution and the NAIRU are influenced by capital formation, technical progress, and labor force expansion, and how these factors’ impact depends on the elasticity of substitution between capital and labor. The paper distinguishes between the short-run NAIRU when capital stock is exogenous, and the long-run NAIRU when it is endogenous. It also considers how the analysis must be modified to take into account Keynesian ideas concerning the role of aggregate demand. It concludes that unless the capital stock grows in line with labor supply in efficiency units, the short-run NAIRU will increase, reducing the scope for demand stimulation.
Book Synopsis Counter-inflationary Policy in a Unionised Economy with Non-synchronised Wage Setting by : Richard Jackman
Download or read book Counter-inflationary Policy in a Unionised Economy with Non-synchronised Wage Setting written by Richard Jackman and published by . This book was released on 1984 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.