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Author : Des Moore
Publisher :
ISBN 13 : 9780642324917
Total Pages : 160 pages
Book Rating : 4.3/5 (249 download)
Download or read book The Case for Further Deregulation of the Labour Market written by Des Moore and published by . This book was released on 1998 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gøsta Esping-Andersen
Publisher : OUP Oxford
ISBN 13 : 0191522783
Total Pages : 378 pages
Book Rating : 4.1/5 (915 download)
Download or read book Why Deregulate Labour Markets? written by Gøsta Esping-Andersen and published by OUP Oxford. This book was released on 2000-04-20 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe's mass unemployment and the call for extensive labour market de-regulation have, perhaps more than any other contemporary issue, impassioned political debate and academic research. With contributions from economists, political scientists and sociologists, Why Deregulate Labour Markets? takes a hard look at the empirical connections between unemployment and regulation in Europe today, utilizing both in-depth nation analyses and broader-based international comparisons. The book demonstrates that Europe's mass unemployment cannot be directly ascribed to excessive worker protection. Labour market rigidities can, however, be harmful for particular groups. The weight of the evidence suggests that a radical strategy of de-regulation would probably cause more harm than benefits for European economic performance.
Author : International Working Group on Labour Market Regulation and Deregulation
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773527265
Total Pages : 399 pages
Book Rating : 4.7/5 (735 download)
Download or read book Challenging the Market written by International Working Group on Labour Market Regulation and Deregulation and published by McGill-Queen's Press - MQUP. This book was released on 2004 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: For two decades economic and social policy in most of the world has been guided by the notion that economies function best when they are fully exposed to competitive market forces. In labour market policy, this approach is reflected in the widespread emphasis on flexibility - a euphemism for the retrenchment of income support and social security, the relaxation of labour market regulations, and the enhanced power of private actors to determine the terms of the employment relationship. These strategies have had marked effects on labour market outcomes, leading to greater vulnerability and polarization - and not always in ways that enhance worker-centred flexibility. The authors offer a more balanced analysis of the functioning and effects of labour market regulation and deregulation. By questioning the underpinnings of the flexibility paradigm, and revealing its often damaging impacts (on different countries, sectors, and constituencies), they challenge the conclusion that unregulated market forces produce optimal labour market outcomes. The authors conclude with several suggestions for how labour policy could be reformulated to promote both efficiency and equity.
Author : Sharit K. Bhowmik
Publisher : Routledge
ISBN 13 : 1317560035
Total Pages : 372 pages
Book Rating : 4.3/5 (175 download)
Download or read book The State of Labour written by Sharit K. Bhowmik and published by Routledge. This book was released on 2014-08-07 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the adverse effects of globalization and liberalization — acutely manifest in the increased financialization of capital and the concomitant global financial crisis of 2008–09 — on the labour force, especially in the developing countries. Drawing upon case studies from several countries including India, Columbia, Malawi, Brazil and Thailand, it highlights the worsening plight of working class as a whole and informal labour in particular. The essays examine issues such as down-sizing, lowering of wages, insecurity and erosion of labour rights, and show how labour is grappling with the situation. The volume critically re-assesses varied aspects of the growing informal sector: its dubious credential as an employment provider during crises; its non-adherence to internationally recognized standards of decent work; the problems and potential of workers' unions; and the need for a regulatory regime. It also discusses changes in the Indian labour market induced by business environment and technology as well as its future dynamics. Presenting a historical review of labour markets, the work explores the deregulation wave under the globalization of 1980s and the interactions between existing unstable asset markets and labour markets. The book will prove especially useful to students and scholars in economics, labour studies and sociology, and those engaged in public policy and governance.
Author : John Peters
Publisher : University of Toronto Press
ISBN 13 : 1442665122
Total Pages : 399 pages
Book Rating : 4.4/5 (426 download)
Download or read book Jobs with Inequality written by John Peters and published by University of Toronto Press. This book was released on 2022-06-29 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality has skyrocketed in Canada over the past few decades. The rich have become richer, while the average household income has deteriorated and job quality has plummeted. Common explanations for these trends point to globalization, technology, or other forces largely beyond our control. But, as Jobs with Inequality shows, there is nothing inevitable about inequality. Rather, runaway inequality is the result of politics and policies - what governments have done to aid the rich and boost finance and what they have not done to uphold the interests of workers. Drawing on new tax and income data, John Peters tells the story of how inequality is unfolding in Canada today by examining post-democracy, financialization, and labour market deregulation. Timely and novel, Jobs with Inequality explains how and why business and government have rewritten the rules of the economy to the advantage of the few, and considers why progressive efforts to reverse these trends have so regularly run aground.
Author : Gabriele Ciminelli
Publisher : International Monetary Fund
ISBN 13 : 1484373723
Total Pages : 72 pages
Book Rating : 4.4/5 (843 download)
Download or read book Employment Protection Deregulation and Labor Shares in Advanced Economies written by Gabriele Ciminelli and published by International Monetary Fund. This book was released on 2018-08-16 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.
Author : Janine Berg
Publisher : Edward Elgar Publishing
ISBN 13 : 1784712108
Total Pages : 430 pages
Book Rating : 4.7/5 (847 download)
Download or read book Labour Markets, Institutions and Inequality written by Janine Berg and published by Edward Elgar Publishing. This book was released on 2015-01-30 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti
Author : Vaughan-Whitehead, Daniel
Publisher : Edward Elgar Publishing
ISBN 13 : 1800888058
Total Pages : 672 pages
Book Rating : 4.8/5 (8 download)
Download or read book The New World of Work written by Vaughan-Whitehead, Daniel and published by Edward Elgar Publishing. This book was released on 2021-12-16 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: Actors in the world of work are facing an increasing number of challenges, including automatization and digitalization, new types of jobs and more diverse forms of employment. This timely book examines employer and worker responses, challenges and opportunities for social dialogue, and the role of social partners in the governance of the world of work.
Author : James J. Heckman
Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)
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.
Author : Philip Rathgeb
Publisher : Cornell University Press
ISBN 13 : 1501730606
Total Pages : 170 pages
Book Rating : 4.5/5 (17 download)
Download or read book Strong Governments, Precarious Workers written by Philip Rathgeb and published by Cornell University Press. This book was released on 2018-12-15 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do some European welfare states protect unemployed and inadequately employed workers ("outsiders") from economic uncertainty better than others? Philip Rathgeb’s study of labor market policy change in three somewhat-similar small states—Austria, Denmark, and Sweden—explores this fundamental question. He does so by examining the distribution of power between trade unions and political parties, attempting to bridge these two lines of research—trade unions and party politics—that, with few exceptions, have advanced without a mutual exchange. Inclusive trade unions have high political stakes in the protection of outsiders, because they incorporate workers at risk of unemployment into their representational outlook. Yet, the impact of union preferences has declined over time, with a shift in the balance of class power from labor to capital across the Western world. National governments have accordingly prioritized flexibility for employers over the social protection of outsiders. As a result, organized labor can only protect outsiders when governments are reliant on union consent for successful consensus mobilization. When governments have a united majority of seats, on the other hand, they are strong enough to exclude unions. Strong Governments, Precarious Workers calls into question the electoral responsiveness of national governments—and thus political parties—to the social needs of an increasingly numerous group of precarious workers. In the end, Rathgeb concludes that the weaker the government, the stronger the capacity of organized labor to enhance the social protection of precarious workers.
Author : Engelbert Stockhammer
Publisher : Springer
ISBN 13 : 1137357932
Total Pages : 329 pages
Book Rating : 4.1/5 (373 download)
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.
Author : Pierre-Richard Agénor
Publisher : International Monetary Fund
ISBN 13 : 1451854781
Total Pages : 98 pages
Book Rating : 4.4/5 (518 download)
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.
Author : Mr.Anton Korinek
Publisher : International Monetary Fund
ISBN 13 : 148430795X
Total Pages : 42 pages
Book Rating : 4.4/5 (843 download)
Download or read book The Redistributive Effects of Financial Deregulation written by Mr.Anton Korinek and published by International Monetary Fund. This book was released on 2013-12-17 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the distributive implications of financial regulation center stage. We develop a model in which the financial sector benefits from risk-taking by earning greater expected returns. However, risktaking also increases the incidence of large losses that lead to credit crunches and impose negative externalities on the real economy. We describe a Pareto frontier along which different levels of risktaking map into different levels of welfare for the two parties. A regulator has to trade off efficiency in the financial sector, which is aided by deregulation, against efficiency in the real economy, which is aided by tighter regulation and a more stable supply of credit. We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to the financial sector at the expense of the rest of the economy.
Author : Soon Beng Chew
Publisher : World Scientific
ISBN 13 : 981123888X
Total Pages : 504 pages
Book Rating : 4.8/5 (112 download)
Download or read book Political, Economic And Social Dimensions Of Labour Markets: A Global Insight written by Soon Beng Chew and published by World Scientific. This book was released on 2022-06-23 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why and how do politics, society and economics shape the growth and failure of labour markets? Does government intervention help or harm labour market reforms/adjustments in times of economic downturn? What forces drive such government intervention and do they differ from society to society?In addressing these big-picture questions, this book's analytical scope is heavily centred around the topic of labour markets' performance. The book argues that performance in labour markets across countries are influenced by their labour market policies. In turn, these policies are shaped, in varying degrees, by the country's politics. Each chapter in this book dives into the labour market experiences in various countries to demonstrate why in some countries, labour markets perform better than in other countries. Major findings from this book suggest that countries can produce better economic and social outcomes (e.g. lower socio-economic inequality) if their labour market policies are aimed at fostering a socially and politically stable society via greater equity in wealth distribution across various socio-cultural and income groups.This book is an essential read for any public policy researchers, policy practitioners and undergraduate/graduate students who are interested or vested in the topic of labour markets' performance in the political, social and economic dimensions. Particularly, this book provides a critical synthesis of the labour market experiences in many countries. Hence, the book serves as an ideational tool to advance future labour market research and policy.
Author : Russell D. Lansbury
Publisher : Federation Press
ISBN 13 : 9781862875944
Total Pages : 260 pages
Book Rating : 4.8/5 (759 download)
Download or read book Labour Market Deregulation written by Russell D. Lansbury and published by Federation Press. This book was released on 2005 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keith Hancock is honoured and celebrated in this work, following the significant contributions he made not only to academic research and teaching, but also to the practice of industrial relations, through the various roles he held as Professor, Vice-Chancellor, Senior Deputy President of the Australian Industrial Relations Commission and author of major government reviews and inquiries.The workshop held in his honour included a number of commentators. More specifically, the following issues arising from the papers were actively debated:Whether a decentralised and less regulated labour marketing is a necessary condition for meeting the requirements of global competition The effects of labour market deregulation on employment and the nature of employment on income distribution on wage inequality, on productivity, on work stress and on job satisfaction The consequences of labour market deregulation for Australians' work/care regime The impact of labour market deregulation on trade unions Whether macro-economic, policy has been unduly restrained by the risk of inflation in a deregulated labour market How labour market deregulation has affected industrial relations as a field of study and research, and How the nature of rights and obligations of employers, employees and unions have been affected by the changes in labour market regulation. Contributors include Keith Hancock, Ron McCallum, Barbara Pocock, Peter Saunders, Ron Callus, Sue Richardson, RG Gregory, Rae Cooper and Willy Brown.
Author : James Peoples
Publisher : Springer Science & Business Media
ISBN 13 : 9780792380658
Total Pages : 410 pages
Book Rating : 4.3/5 (86 download)
Download or read book Regulatory Reform and Labor Markets written by James Peoples and published by Springer Science & Business Media. This book was released on 1997-11-30 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory reform represents a major shift in the government's role toward price determination in the transportation and telecommunication industries. The resulting policy emphasizes dependence on market forces to set prices and to encourage efficient production techniques. While extensive research investigates the influence of deregulation on prices, profits and productivity, the effect on labor markets has not received the same scrutiny. Firms in these industries are of major importance to business operations in other industries because they provide the critical services of transporting goods and transmitting information. This may partly explain such extensive research on the product market aspects of regulatory reform. Examining labor markets in the transportation and telecommunications industries is also highly warranted, as historically these industries represented some of the most heavily unionized sectors in the economy. The extent to which regulatory reform has encouraged product market competition may not necessarily result in the same degree of competition across industries. Regulatory Reform and Labor Markets debates the notion that research on regulatory reform and labor markets should develop within the framework of the competitive model. This is achieved by presenting diverging views on wage and employment determination in distinctly different deregulated industries.
Author : Walter Müller
Publisher : Oxford University Press, USA
ISBN 13 : 0199252475
Total Pages : 348 pages
Book Rating : 4.1/5 (992 download)
Download or read book Transitions from Education to Work in Europe written by Walter Müller and published by Oxford University Press, USA. This book was released on 2003-11-27 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides a comparative analysis of school-to-work transitions in EU member states. It shows how differences in both European education and training systems, as well as labour market institutions, generated significant variation in the experiences of young people in the 1990s.
