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The Economics Of Labor Market Intermediation
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Book Synopsis Studies of Labor Market Intermediation by : David H. Autor
Download or read book Studies of Labor Market Intermediation written by David H. Autor and published by University of Chicago Press. This book was released on 2009-12-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the traditional craft hiring hall to the Web site Monster.com, a multitude of institutions exist to facilitate the matching of workers with firms. The diversity of such Labor Market Intermediaries (LMIs) encompasses criminal records providers, public employment offices, labor unions, temporary help agencies, and centralized medical residency matches. Studies of Labor Market Intermediation analyzes how these third-party actors intercede where workers and firms meet, thereby aiding, impeding, and, in some cases, exploiting the matching process. By building a conceptual foundation for analyzing the roles that these understudied economic actors serve in the labor market, this volume develops both a qualitative and quantitative sense of their significance to market operation and worker welfare. Cross-national in scope, Studies of Labor Market Intermediation is distinctive in coalescing research on a set of market institutions that are typically treated as isolated entities, thus setting a research agenda for analyzing the changing shape of employment in an era of rapid globalization and technological change.
Book Synopsis The Economics of Labor Market Intermediation by : David H. Autor
Download or read book The Economics of Labor Market Intermediation written by David H. Autor and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Market Intermediaries (LMIs) are entities or institutions that interpose themselves between workers and firms to facilitate, inform, or regulate how workers are matched to firms, how work is accomplished, and how conflicts are resolved. This paper offers a conceptual foundation for analyzing the market role played by these understudied institutions, and to develop a qualitative and, in some cases, quantitative sense of their significance to market operation and welfare. Though heterogeneous, I argue that LMIs share a common function, which is to redress -- and in some cases exploit -- a set of endemic departures of labor market operation from the efficient neoclassical benchmark. At a rudimentary level, LMIs such as online job boards reduce search frictions by aggregating and reselling disparate information at a cost below which workers and firms could obtain themselves. Beyond passively supplying information, a set of LMIs forcibly redress adverse selection problems in labor markets by compelling workers and firms to reveal normally hidden credentials, such as criminal background, academic standing, or financial integrity. At their most forceful, LMIs such as labor unions and centralized job matching clearinghouses, resolve coordination and collective action failures in markets by tightly controlling -- even monopolizing -- the process by which workers and firms meet, match and negotiate. A unifying observation of the analytic framework is that participation in the activities of a given LMI are typically voluntary for one side of the market and compulsory for the other; workers cannot, for example, elect to suppress their criminal records and firms cannot opt out of collective bargaining. I argue that the nature of participation in an LMI's activities -- voluntary or compulsory, and for which parties -- is dictated by the market imperfection that it addresses and thus tells us much about its economic function.
Book Synopsis Labor Intermediation Services in Developing Economies by : Jacqueline Mazza
Download or read book Labor Intermediation Services in Developing Economies written by Jacqueline Mazza and published by Springer. This book was released on 2016-12-16 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates how rethinking and adapting basic employment services into labor intermediation services can help address the many labor market disconnections of developing country economies. It addresses how scarce resources required to escape poverty – good jobs, schools, and training - more often go to the privileged and well-connected than to those who need them most. With jobs now at the top of development debates, this is a rare book on how to practically adapt one key labor market policy to very different developing and emerging country markets. It shows through examples how developing countries can build in stages from basic employment services to diverse labor intermediation services – opening up job listings, stimulating public-private partnerships, and making job connections for those who don’t have a "cousin Vinny who knows a guy". This book is for policy practitioners, development organizations, and academics who are ready to think differently about one of the policies that needs to change so that developing economies can better meet the employment and higher skill challenges of the global age.
Book Synopsis The Economic of Labor Market Intermediation : an Analytic Framework by : David H. Autor
Download or read book The Economic of Labor Market Intermediation : an Analytic Framework written by David H. Autor and published by . This book was released on 2008 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Internet and Network Economics by : Amin Saberi
Download or read book Internet and Network Economics written by Amin Saberi and published by Springer. This book was released on 2010-12-06 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 6th International Workshop on Internet and Network Economics, WINE 2010, held in Stanford, USA, in December 2010. The 52 revised full papers presented were carefully reviewed and selected from 95 submissions. The papers are organized in 33 regular papers and 19 short papers.
Book Synopsis Staircases or Treadmills? by : Chris Benner
Download or read book Staircases or Treadmills? written by Chris Benner and published by Russell Sage Foundation. This book was released on 2007-04-13 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, technological change, and deregulation have made the American marketplace increasingly competitive in recent decades, but for many workers this "new economy" has entailed heightened job insecurity, lower wages, and scarcer benefits. As the job market has grown more volatile, a variety of labor market intermediaries—organizations that help job seekers find employment—have sprung up, from private temporary agencies to government "One-Stop Career Centers." In Staircases or Treadmills? Chris Benner, Laura Leete, and Manuel Pastor investigate what approaches are most effective in helping workers to secure jobs with decent wages and benefits, and they provide specific policy recommendations for how job-matching organizations can better serve disadvantaged workers. Staircases or Treadmills? is the first comprehensive study documenting the prevalence of all types of labor market intermediaries and investigating how these intermediaries affect workers' employment opportunities. Benner, Leete, and Pastor draw on years of research in two distinct regional labor markets—"old economy" Milwaukee and "new economy" Silicon Valley—including a first-of-its-kind random survey of the prevalence and impacts of intermediaries, and a wide range of interviews with intermediary agencies' staff and clients. One of the main obstacles that disadvantaged workers face is that social networks of families and friends are less effective in connecting job-seekers to stable, quality employment. Intermediaries often serve as a substitute method for finding a job. Which substitute is chosen, however, matters: The authors find that the most effective organizations—including many unions, community colleges, and local non-profits—actively foster contacts between workers and employers, tend to make long-term investments in training for career development, and seek to transform as well as satisfy market demands. But without effective social networks to help workers locate the best intermediaries, most rely on private temporary agencies and other organizations that offer fewer services and, statistical analysis shows, often channel their participants into jobs with low wages and few benefits. Staircases or Treadmills? suggests that, to become more effective, intermediary organizations of all types need to focus more on training workers, teaching networking skills, and fostering contact between workers and employers in the same industries. A generation ago, rising living standards were broadly distributed and coupled with relatively secure employment. Today, many Americans fear that heightened job insecurity is overshadowing the benefits of dynamic economic growth. Staircases or Treadmills? is a stimulating guide to how private and public job-matching institutions can empower disadvantaged workers to share in economic progress.
Book Synopsis The History of Labour Intermediation by : Sigrid Wadauer
Download or read book The History of Labour Intermediation written by Sigrid Wadauer and published by Berghahn Books. This book was released on 2015-04-01 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Searching for a job has been an everyday affair in both modern and past societies, and employment a concern for both individuals and institutions. The case studies in this volume investigate job search and placement practices in European countries, Australia, and India in the nineteenth and twentieth centuries. The contributors explore how looking for work becomes a means by which participants (individuals, placement agents, trade unions, municipalities, administrations, state authorities, and schools) articulated specific interests, perspectives, and agendas. Taking an exploratory approach, the chapters illustrate different approaches to the history of employment and job searching, ranging from organizational and regulatory histories to the analysis of practices and autobiographical accounts. In the process, they uncover the interrelations of search practices and attempts to arrange placement services.
Book Synopsis The Oxford Handbook of Computational Economics and Finance by : Shu-Heng Chen
Download or read book The Oxford Handbook of Computational Economics and Finance written by Shu-Heng Chen and published by Oxford University Press. This book was released on 2018-01-12 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.
Book Synopsis Microeconomics of Banking, third edition by : Xavier Freixas
Download or read book Microeconomics of Banking, third edition written by Xavier Freixas and published by MIT Press. This book was released on 2023-08-22 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory. The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user’s guide to recent academic literature. Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled. New edition highlights: Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework New chapters on liquidity and systemic risk New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy
Book Synopsis Do On-line Labor Market Intermediaries Matter? by :
Download or read book Do On-line Labor Market Intermediaries Matter? written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates the impact of the availability of electronic labor markets on university-to-work transition. In particular, we analyze the effect of the intermediation activity carried on by the interuniversity consortium AlmaLaurea on graduates' labor market outcomes. Different timing of universities' enrolment in AlmaLaurea produces counterfactuals that allow us to overcome the problems faced by previous empirical investigations. The evaluation is performed applying the difference-in-differences method to a repeated cross section data set. It is shown that, if the usual assumption concerning parallel outcomes holds, AlmaLaurea reduces individual unemployment probability and improves matching quality. Interestingly, it is also found that on-line intermediaries foster graduates' geographical mobility. -- Labor Markets Intermediaries ; Job Search ; Electronic Markets
Book Synopsis Labor Market Intermediaries and Workforce Development by : Erik Schneiderhan (Professor of sociology)
Download or read book Labor Market Intermediaries and Workforce Development written by Erik Schneiderhan (Professor of sociology) and published by . This book was released on 2002 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Specialization and Trade by : Arnold Kling
Download or read book Specialization and Trade written by Arnold Kling and published by Cato Institute. This book was released on 2016-06-14 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.
Book Synopsis International Differences in Entrepreneurship by : Josh Lerner
Download or read book International Differences in Entrepreneurship written by Josh Lerner and published by University of Chicago Press. This book was released on 2010-06-15 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often considered one of the major forces behind economic growth and development, the entrepreneurial firm can accelerate the speed of innovation and dissemination of new technologies, thus increasing a country's competitive edge in the global market. As a result, cultivating a strong culture of entrepreneurial thinking has become a primary goal throughout the world. Surprisingly, there has been little systematic research or comparative analysis to show how the growth of entrepreneurship differs among countries in various stages of development. International Differences in Entrepreneurship fills this void by explaining how a country's institutional differences, cultural considerations, and personal characteristics can affect the role that entrepreneurs play in its economy. Developing an understanding of the origins of entrepreneurs as well as the choices they make and the complexity of their activities across countries and industries are of central importance to this volume. In addition, contributors consider how environmental factors of individual economies, such as market regulation, government subsidies for banks, and support for entrepreneurial culture affect the industry and the impact that entrepreneurs have on growth in developing nations.
Book Synopsis The Economics of Labor Markets and Labor Relations by : Bruce E. Kaufman
Download or read book The Economics of Labor Markets and Labor Relations written by Bruce E. Kaufman and published by . This book was released on 1989 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Do On-line Labor Market Intermediaries Matter? by : Manuel F. Bagues
Download or read book Do On-line Labor Market Intermediaries Matter? written by Manuel F. Bagues and published by . This book was released on 2007 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates the impact of the availability of electronic labor markets on the university-to-work transition. In particular, we analyze the effect of the intermediation activity carried on by the inter-university consortium, AlmaLaurea, on graduates' labor market outcomes. The different timing of universities' enrolment in AlmaLaurea allows us to apply the difference-in-differences method to a repeated cross section data set. If the usual assumption concerning parallel outcomes holds, AlmaLaurea reduces the individual unemployment probability and improves matching quality. Interestingly, we also find that on-line intermediaries foster graduates' geographic mobility.
Book Synopsis Labor Markets in a Global Economy by : Ingrid Hahne Rima
Download or read book Labor Markets in a Global Economy written by Ingrid Hahne Rima and published by Routledge. This book was released on 1996 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rima (economics, Temple U.) departs from the convention of defining labor economics chiefly in micro-analytical terms, instead examining supply and demand without relying on the presumption that the two are invariably brought into balance through market-clearing changes in wage rates. The volume's 19 chapters are divided into sections covering the macro- and micro-economic aspects of labor-market behavior and outcomes, the wage structure and the level of wages and prices, and labor policy issues. For undergraduate level students. Paper edition (unseen), $24.95. Annotation copyright by Book News, Inc., Portland, OR
Book Synopsis Labor Market Intermediaries by : United States. National Commission for Manpower Policy
Download or read book Labor Market Intermediaries written by United States. National Commission for Manpower Policy and published by . This book was released on 1978 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on the role of employment services in helping to improve the operation of labour markets in the USA - comprises papers relating to job searching behaviour, public sector employment services in the USA and the UK, private sector agencies and community development organizations, etc., and discusses the use of press advertising and hiring halls, and a case study of private enterprise job placement. List of participants. Diagrams, references and statistical tables. Conference held in Washington 1977 November 17.
