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The Market For Information In A Heterogeneous Labor Market
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Book Synopsis The Market for Information in a Heterogeneous Labor Market by : K. Burdett
Download or read book The Market for Information in a Heterogeneous Labor Market written by K. Burdett and published by . This book was released on 1974 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Heterogeneous Information and Labor Market Fluctuations by : Venky Venkateswarany
Download or read book Heterogeneous Information and Labor Market Fluctuations written by Venky Venkateswarany and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade with Labor Market Distortions and Heterogeneous Labor by : Kala Krishna
Download or read book Trade with Labor Market Distortions and Heterogeneous Labor written by Kala Krishna and published by . This book was released on 2002 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explains the differential impacts of trade on countries in terms of institutional differences which result in factor market distortions. We modify the Ricardian, Specific Factor and Hecksher Ohlin models of trade to capture these. Trade has both terms of trade effects and output effects. Both work to raise welfare in an undistorted economy. In a distorted economy, price effects work to improve welfare, while output effects work to reduce it. Large distorted countries are more likely to lose from trade as beneficial price effects are lower. In addition the greater the substitutability between goods, the more likely it is that welfare rises through trade.
Book Synopsis The Heterogeneous Labor Market Impacts of the Covid-19 Pandemic by : Guido Matias
Download or read book The Heterogeneous Labor Market Impacts of the Covid-19 Pandemic written by Guido Matias and published by . This book was released on 2020 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the distributional consequences of the Covid-19 pandemic’s impacts on employment. Using CPS data on stocks and flows, we show that the pandemic has exacerbated pre-existing inequalities. Although employment losses have been widespread, they have been substantially larger in lower-paying occupations and industries. Individuals from disadvantaged groups, such as Hispanics, younger workers, those with lower levels of education, and women, have suffered both larger increases in job losses and larger decreases in hiring rates. Occupational and industry affiliation can explain only part of the increased job losses among these groups.
Book Synopsis Labor Markets and Business Cycles by : Robert Shimer
Download or read book Labor Markets and Business Cycles written by Robert Shimer and published by Princeton University Press. This book was released on 2010-04-12 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
Book Synopsis Labor-market heterogeneity, aggregation, and the Lucas critique by : Yongsung Chang
Download or read book Labor-market heterogeneity, aggregation, and the Lucas critique written by Yongsung Chang and published by . This book was released on 2010 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses biases in policy predictions due to the lack of invariance of "structural'' parameters in representative-agent models. We simulate data under various fiscal policy regimes from a heterogeneous-agents economy with incomplete asset markets and indivisible labor supply. Imperfect aggregation manifests itself through preference shocks in the estimated representative-agent model. Preference and technology parameter estimates are not invariant with respect to policy changes. As a result, the bias in the representative-agent model's policy predictions is large compared to the length of predictive intervals that reflect parameter uncertainty.
Book Synopsis Heterogeneous Labor, Labor Market Frictions and Employment Effects of Technological Change by : Jens Rubart
Download or read book Heterogeneous Labor, Labor Market Frictions and Employment Effects of Technological Change written by Jens Rubart and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Heterogeneous Labor Market Impacts During the Early Stages of the Covid-19 Pandemic by : Guido Matias Cortes
Download or read book Heterogeneous Labor Market Impacts During the Early Stages of the Covid-19 Pandemic written by Guido Matias Cortes and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Worker Heterogeneity and Labor Market Frictions by : Etienne Lalé
Download or read book Worker Heterogeneity and Labor Market Frictions written by Etienne Lalé and published by . This book was released on 2013 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation contains several lines of research in macroeconomics and labor economics conducted during the course of my phd. The unifying theme of this research is the study of labor markets that are subject to macro-search frictions and are populated by heterogeneous workers. Combining these features is important for our understanding of the functioning of labor markets, both from a positive and normative standpoint. The first chapter of this dissertation is resolutely on the positive side. It analyzes how the combination of labor market frictions and worker heterogeneity in skills can shed light on the observed fluctuations in entries into and exits out of the labor force. The second chapter is also on the positive ground, but it brings labor market policies to the fore of the analysis. Along with heterogeneity in human capital over the lifecycle, it shows how some policy tools have contributed to the divergent employment experiences of older workers in Europe and in the United States since the 1980s. The third chapter more naturally lends itself to policy implications. It provides a quantitative study of the employment and welfare effects of statutory severance payments in an economy with wealth heterogeneity reflecting the absence of perfect insurance markets faced by risk-averse workers.
Book Synopsis Employment Dynamics and Heterogeneous Labor Markets by : Susanne Steffes
Download or read book Employment Dynamics and Heterogeneous Labor Markets written by Susanne Steffes and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Heterogeneity, Selection and Labor Market Disparities by : Alessandra Bonfiglioli
Download or read book Heterogeneity, Selection and Labor Market Disparities written by Alessandra Bonfiglioli and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade and Labor Market Integration with Heterogeneous Labor by : Cheng-te Lee
Download or read book Trade and Labor Market Integration with Heterogeneous Labor written by Cheng-te Lee and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Heterogeneous Workers and International Trade by : Gene M. Grossman
Download or read book Heterogeneous Workers and International Trade written by Gene M. Grossman and published by . This book was released on 2013 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, I survey the recent theoretical literature that incorporates heterogeneous labor into models of international trade. The models with heterogeneous labor have been used to study how talent dispersion can be a source of comparative advantage, how the opening of trade affects the full distribution of wages, and how trade affects industry productivity and efficiency via its impact on sorting and matching in the labor market. Some of the most recent contributions also introduce labor market frictions to study the effects of trade on structural unemployment and on mismatch between workers and firms.
Book Synopsis Policy Analysis And Modeling Of The Global Economy: A Festschrift Celebrating Thomas Hertel by : Peter Dixon
Download or read book Policy Analysis And Modeling Of The Global Economy: A Festschrift Celebrating Thomas Hertel written by Peter Dixon and published by World Scientific. This book was released on 2020-12-14 with total page 595 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume honors the extraordinary career of Thomas Hertel. It also celebrates the 25th anniversary of the founding of the Global Trade Analysis Project (GTAP) by Prof. Hertel. All of those contributing to this volume, including Prof. Hertel's students and colleagues, have benefitted in some ways from the selfless professional generosity and dedication to scientific public goods that have been hallmarks of his career.The book examines the history of the GTAP project, the scientific contributions of Prof. Hertel, and the general application of computational modeling to global economic policy analysis. The applications in the volume, reflecting the broad contributions made by the GTAP community to global policy analysis, range from the impact of globalization on employment to the sustainability impacts of economic integration.
Book Synopsis Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization by : Füsun Yenilmez
Download or read book Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization written by Füsun Yenilmez and published by IGI Global. This book was released on 2016-12-28 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effective utilization of available resources is a pivotal factor for production levels in modern business environments. However, when resources are limited or in excess, this effects organizational success, as well as the labor market. The Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization is a comprehensive reference source for the latest scholarly research on the socio-economic dynamics of unemployment and the development of new policies to assist in regulating the global labor market. Highlighting innovative approaches and relevant perspectives, such as outsourcing, trade openness, and employment protection, this publication is ideally designed for policy makers, professionals, practitioners, graduate students, and academics interested in emerging trends for labor market development.
Book Synopsis Economic Fluctuations in a Labor Market with Heterogeneous Agents by : Sherif Khalifa
Download or read book Economic Fluctuations in a Labor Market with Heterogeneous Agents written by Sherif Khalifa and published by . This book was released on 2006 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Labor Market: an Information System by : Boris Yavitz
Download or read book The Labor Market: an Information System written by Boris Yavitz and published by New York : Praeger. This book was released on 1973 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the needs and prospects for a comprehensive national level labour market information system which would improve the quality of data available on labour markets and labour force in the USA - covers the government need for data relevant to employment policy formation, the systems analysis of labour market structures, the information needs of the employer, vocational guidance needs, etc., and includes recommendations for the proposed system. Diagrams and references.