The Phillips Curve and Labor Markets

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Author :
Publisher : North-Holland
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Phillips Curve and Labor Markets by : Karl Brunner

Download or read book The Phillips Curve and Labor Markets written by Karl Brunner and published by North-Holland. This book was released on 1976 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Markets in a Global Economy: A Macroeconomic Perspective

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Author :
Publisher : Routledge
ISBN 13 : 1317466616
Total Pages : 414 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Labor Markets in a Global Economy: A Macroeconomic Perspective by : Ingrid H. Rima

Download or read book Labor Markets in a Global Economy: A Macroeconomic Perspective written by Ingrid H. Rima and published by Routledge. This book was released on 2015-05-20 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introductory text on labour economics covers topics such as: the shift in America from a manufacturing-based economy to a service economy; the changes in the economic conditions in the US; the implications of NAFTA and GATT; and the labour markets.

Labor Markets and Employment Relationships

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1405142308
Total Pages : 586 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Labor Markets and Employment Relationships by : Joyce Jacobsen

Download or read book Labor Markets and Employment Relationships written by Joyce Jacobsen and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis

Structural Changes in U.S. Labour Markets: Causes and Consequences

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Author :
Publisher : Routledge
ISBN 13 : 1315488558
Total Pages : 166 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Structural Changes in U.S. Labour Markets: Causes and Consequences by : Randall E. Eberts

Download or read book Structural Changes in U.S. Labour Markets: Causes and Consequences written by Randall E. Eberts and published by Routledge. This book was released on 2019-07-26 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers resulting from the Wage Structure Conference held by the Federal Research Bank of Cleveland, November 1989, helps explain labour market behaviour in that period. The contributors - academic and research economists in labour economics - provide a comprehensive assessment of the current state of the wage-setting process in the US labour market.

Unemployment and Inflation

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Author :
Publisher : Routledge
ISBN 13 : 1351537903
Total Pages : 393 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Unemployment and Inflation by : MichaelJ. Piore

Download or read book Unemployment and Inflation written by MichaelJ. Piore and published by Routledge. This book was released on 2017-07-05 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1979, this reader presents an industrialist view of the labour market and economics as they stood at the time in the United States. The essays collated aim to answer macroeconomic questions on this topic as well as exploring issues related closely to employment and inflation. This title will be of interest to students of business and economics.

A Phillips Curve with Anchored Expectations and Short-Term Unemployment

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498321070
Total Pages : 36 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis A Phillips Curve with Anchored Expectations and Short-Term Unemployment by : Laurence M. Ball

Download or read book A Phillips Curve with Anchored Expectations and Short-Term Unemployment written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2015-02-25 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve based on the assumptions that inflation expectations are fully anchored at the Federal Reserve’s target, and that labor-market slack is captured by the level of shortterm unemployment. This equation explains inflation behavior since 2000, including the failure of high total unemployment since 2008 to reduce inflation greatly. The fit of our equation is especially good when we measure core inflation with the Cleveland Fed’s series on weighted median inflation. We also propose a more general Phillips curve in which core inflation depends on short-term unemployment and on expected inflation as measured by the Survey of Professional Forecasters. This specification fits U.S. inflation since 1985, including both the anchored-expectations period of the 2000s and the preceding period when expectations were determined by past levels of inflation.

Working in the Macro Economy

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Author :
Publisher : Routledge
ISBN 13 : 1134824645
Total Pages : 201 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Working in the Macro Economy by : Martin F. J. Prachowny

Download or read book Working in the Macro Economy written by Martin F. J. Prachowny and published by Routledge. This book was released on 1997-04-17 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour economics have received less attention in macroeconomics despite the fact that involuntary unemployment is a pressing policy issue. Here the imbalance is redressed by focusing on labour-demand and labour-supply relationships.

Understanding Inflation and the Implications for Monetary Policy

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Publisher : MIT Press
ISBN 13 : 026225820X
Total Pages : 517 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Understanding Inflation and the Implications for Monetary Policy by : Jeff Fuhrer

Download or read book Understanding Inflation and the Implications for Monetary Policy written by Jeff Fuhrer and published by MIT Press. This book was released on 2009-09-11 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current perspectives on the Phillips curve, a core macroeconomic concept that treats the relationship between inflation and unemployment. In 1958, economist A. W. Phillips published an article describing what he observed to be the inverse relationship between inflation and unemployment; subsequently, the “Phillips curve” became a central concept in macroeconomic analysis and policymaking. But today's Phillips curve is not the same as the original one from fifty years ago; the economy, our understanding of price setting behavior, the determinants of inflation, and the role of monetary policy have evolved significantly since then. In this book, some of the top economists working today reexamine the theoretical and empirical validity of the Phillips curve in its more recent specifications. The contributors consider such questions as what economists have learned about price and wage setting and inflation expectations that would improve the way we use and formulate the Phillips curve, what the Phillips curve approach can teach us about inflation dynamics, and how these lessons can be applied to improving the conduct of monetary policy. Contributors Lawrence Ball, Ben Bernanke, Oliver Blanchard, V. V. Chari, William T. Dickens, Stanley Fischer, Jeff Fuhrer, Jordi Gali, Michael T. Kiley, Robert G. King, Donald L. Kohn, Yolanda K. Kodrzycki, Jane Sneddon Little, Bartisz Mackowiak, N. Gregory Mankiw, Virgiliu Midrigan, Giovanni P. Olivei, Athanasios Orphanides, Adrian R. Pagan, Christopher A. Pissarides, Lucrezia Reichlin, Paul A. Samuelson, Christopher A. Sims, Frank R. Smets, Robert M. Solow, Jürgen Stark, James H. Stock, Lars E. O. Svensson, John B. Taylor, Mark W. Watson

The Demand for Labor by Firms and the Phillips Curve Phenomenon

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Author :
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Demand for Labor by Firms and the Phillips Curve Phenomenon by : Laurence D. Booth

Download or read book The Demand for Labor by Firms and the Phillips Curve Phenomenon written by Laurence D. Booth and published by . This book was released on 1981 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor markets in an era of adjustment

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Publisher : World Bank Publications
ISBN 13 : 9780821326800
Total Pages : 404 pages
Book Rating : 4.3/5 (268 download)

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Book Synopsis Labor markets in an era of adjustment by :

Download or read book Labor markets in an era of adjustment written by and published by World Bank Publications. This book was released on 1994 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Labor Markets

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Author :
Publisher : South Western Educational Publishing
ISBN 13 :
Total Pages : 840 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis The Economics of Labor Markets by : Bruce E. Kaufman

Download or read book The Economics of Labor Markets written by Bruce E. Kaufman and published by South Western Educational Publishing. This book was released on 1994 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt: In-depth study of labour market theories

Labor Market Adjustments in the Pacific Basin

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Publisher : Springer Science & Business Media
ISBN 13 : 9400932510
Total Pages : 270 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Labor Market Adjustments in the Pacific Basin by : Peter Chinloy

Download or read book Labor Market Adjustments in the Pacific Basin written by Peter Chinloy and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter T. Chinloy and Ernst W. Stromsdorfer I. Background to Adjustments in Labor Markets The book examines the process of adjustment in labor markets across countries arising from external shocks and shifts in international competi tiveness. The examination of specific countries and their data permits a comparison of alternative institutions for compensating and redeploying labor. Four countries are involved, whose labor markets are both competi tive and complementary: Canada, Japan, Mexico, and the United States. Both public labor market institutions, such as direct government com~ pensation of displaced workers and the effect of unemployment insurance, and private market arrangements, such as em loyer-employee agreements on layoffs, the work contract, and severance pay, are considered. Compara tive examination across countries of labor market and related insitutions is thus possible. The book has a common theme, namely the adjustment of labor markets to exogenous shocks, particularly those externally induced. The unifying focus in on workers whose specific skills in an industry or firm render them relatively immobile.

Labor Markets and Unemployment

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Author :
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Labor Markets and Unemployment by : Edward D. Kalachek

Download or read book Labor Markets and Unemployment written by Edward D. Kalachek and published by . This book was released on 1973 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: USA. Study of the labour market and the causes of unemployment, with particular reference to the effects of technological change and increased educational opportunity - examines the labour supply in respect of employment policy, private sector investment return on higher education, the contribution of education to productivity, in plant training, labour mobility, management attitudes towards employment, structural unemployment, etc. References and statistical tables.

The Labor Market and Business Cycle Theories

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Publisher : Springer Science & Business Media
ISBN 13 : 3662008319
Total Pages : 197 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis The Labor Market and Business Cycle Theories by : Piero Ferri

Download or read book The Labor Market and Business Cycle Theories written by Piero Ferri and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in business cycles has had its 'ups and downs'. After a period of almost steady state growth and of economic tranquility, when the business cycle seemed to be obsolete, the turbulence of the 70s and 80s has contributedto a renewed interest in the topic. Important analytical and methodological innovations have also favored the present abundance of contributions. Four innovations are of particular importance: i. microfoundations ii. nonlinearities iii. stochastic variables iv. real aspects. Both Classical macroeconomics and new-Keynesian approaches seem to share these characteristics, which apply both to endogenous and exogenous explanations of the cycle. The distance separating the newer literature from its forebears seems vast. Previously, cycle theory was characterized by a macro approach and utilized nonlinearities either through piecewise 'linear models or with the aid of Classical theorems in the field of dynamic systems. To consider and to compare the old and the new literature on business cycles is one of the goals of this book. To narrow the distance separating them is another goal of this research. We do not try to bridge it, but rather to revisit the former tradition with new tools. Finally, a particular emphasis is put on the 'ceilings and floors' type of literature. One of us has written a D. Phil. thesis with Sir John Hicks, and both have worked with H. P. Minsky. Hicks, along with Goodwin, introdu. ced the concept of ceilings and floors into business cycle analysis, and Minsky made important contributions to the area.

Handbook of Labor Economics

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Publisher : Elsevier
ISBN 13 : 9780444878571
Total Pages : 514 pages
Book Rating : 4.8/5 (785 download)

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Book Synopsis Handbook of Labor Economics by : Orley Ashenfelter

Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1986 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation The Handbook brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. It serves as an introduction to what has been done in this field, while at the same time indicating possible future trends which will be important in both spheres of public and private decision-making. Part 1 is concerned with the classic topics of labor supply and demand, the size and nature of the elasticities between the two, and their impact on the wage structure. This analysis touches on two fundamental questions: what are the sources of income inequality, and what are the disincentive effects of attempts to produce a more equal income distribution? The papers in Part II proceed from the common observation that the dissimilarity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labor markets. And the last section of the Handbook deals explicitly with the role of institutional structures (e.g. trade unions) that now form an important part of modern labor economics.

What's Up with U.S. Wage Growth and Job Mobility?

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498335233
Total Pages : 26 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis What's Up with U.S. Wage Growth and Job Mobility? by : Mr.Stephan Danninger

Download or read book What's Up with U.S. Wage Growth and Job Mobility? written by Mr.Stephan Danninger and published by International Monetary Fund. This book was released on 2016-06-28 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the global financial crisis, US wage growth has been sluggish. Drawing on individual earnings data from the 2000–15 Current Population Survey, I find that the drawn-out cyclical labor market repair—likely owing to low entry wages of new workers—slowed down real wage growth. There are, however, also signs of structural changes in the labor market affecting wages: for full-time, full-employed workers, the Wage-Phillips curve—the empirical relationship between wage growth and the unemployment rate—has become horizontal after 2008. Similarly, job-turnover rates have continued to decline. Job-to-job transitions—associated with higher wage growth—have slowed across all skill and age groups and beyond what local labor market conditions would imply. This raises concerns about the allocative ability of the labor market to adjust to changing economic conditions.

Selective Labor Market Policy and the Non-existence of Stable Phillips Curves

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Author :
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Selective Labor Market Policy and the Non-existence of Stable Phillips Curves by : Benny Hjern

Download or read book Selective Labor Market Policy and the Non-existence of Stable Phillips Curves written by Benny Hjern and published by . This book was released on 1982 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: