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Author : Jacob M. Monty
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (464 download)
Download or read book The Wage Equation and the Labor Shortage written by Jacob M. Monty and published by . This book was released on 1999 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kent Osband
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (318 download)
Download or read book Economic Crisis in a Shortage Economy written by Kent Osband and published by International Monetary Fund. This book was released on 1991-04 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is not unusual for reforming socialist economies to relax wage controls without hardening budget constraints on enterprises or freeing consumer goods prices. This policy can be dangerously destabilizing. While higher wages permit workers to purchase more of some goods, they also tend to exacerbate shortages and to breed waste and corruption. Beyond a certain level, economy-wide wage hikes will worsen worker welfare. This is true regardless of whether deficit goods are strictly rationed, are sold randomly at official prices to queuing workers, or are offered to workers by “insiders” only at black market prices. However, the form of allocation does influence output and worker welfare.
Author : Mr.Yasser Abdih
Publisher : International Monetary Fund
ISBN 13 : 1484363574
Total Pages : 34 pages
Book Rating : 4.4/5 (843 download)
Download or read book Understanding U.S. Wage Dynamics written by Mr.Yasser Abdih and published by International Monetary Fund. This book was released on 2018-06-15 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we undertake empirical analysis to understand U.S. wage behavior since the beginning of the new millennium. At the macroeconomic level, we find that a productivity-augmented Phillips curve model explains the data fairly well. The model reveals that the upward pressure on wage growth from recent tightening in the labor market has been dampened by a persistent decline in trend labor productivity growth and the share of income that accrues to labor. These themes are reinforced and complemented at the micro-economic level. Lower regional unemployment puts an upward pressure on wages of individuals, although this effect has become weaker since 2008. But there is downward pressure on wages for individuals with occupations that are exposed to automation and offshoring, and in industries with a higher concentration of large firms. All these factors appear to play a role illustrating why it is difficult to single out any one culprit for the observed wage growth moderation.
Author : Lawrence R. Mishel
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Myth of the Coming Labor Shortage written by Lawrence R. Mishel and published by . This book was released on 1991 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the conventional wisdom that the economy will face a labor shortage was done in three stages. First, the demand side of the labor market was analyzed. Changes in the skill requirements of jobs from 1973-86 were examined as were those changes anticipated by projections of the Bureau of Labor Statistics for 2000. The conclusion was that skill requirements would rise in the 1990s due to shifts in the occupational structure, but at a modest rate that was significantly less than that for 1973-86. Second, expected trends in labor supply--the quantity and quality of the future work force--were analyzed. Conclusions were that a general labor shortage would not occur simply because the labor force would grow slowly in the 1990s and the changing demographics of the work force would not necessarily produce a serious shortage of adequately skilled workers. A problem with labor force entrants would probably be that the educational system will not have provided an adequate basis for future technological innovation and productivity growth. Third, the study examined recent and expected trends in wages and incomes to assess whether future trends would remedy the labor market problems. The conclusion was that wages would continue their sluggish growth and possibly fall for large portions of the work force. The key policy implication was that the "supply push" approach would not produce desired improvements in labor market performance or productivity. (Appendixes include a description of the methodology, 28 endnotes, and a 52-item bibliography.) (YLB)
Author : Burt S. Barnow
Publisher : W. E. Upjohn Institute
ISBN 13 : 9780880994125
Total Pages : 0 pages
Book Rating : 4.9/5 (941 download)
Download or read book Occupational Labor Shortages written by Burt S. Barnow and published by W. E. Upjohn Institute. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor markets do not always operate smoothly with supply and demand being equal at a given time. This book should help the reader understand why shortages arise, identify a shortage when present, and assess strategies to alleviate the shortage. As shown in the next section, many economists, including several U.S. Nobel Prize winners, have studied occupational shortages, and this volume builds on their work.
Author :
Publisher :
ISBN 13 :
Total Pages : 1148 pages
Book Rating : 4.:/5 (319 download)
Download or read book Literary Digest written by and published by . This book was released on 1921 with total page 1148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edward Jewitt Wheeler
Publisher :
ISBN 13 :
Total Pages : 1188 pages
Book Rating : 4.F/5 ( download)
Download or read book The Literary Digest written by Edward Jewitt Wheeler and published by . This book was released on 1921 with total page 1188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Burt S. Barnow
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880994134
Total Pages : 229 pages
Book Rating : 4.8/5 (89 download)
Download or read book Occupational Labor Shortages written by Burt S. Barnow and published by W.E. Upjohn Institute. This book was released on 2013 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Barnow, Trutko, and Piatak focus on whether persistent occupation-specific labor shortages might lead to inefficiencies in the U.S. economy. They describe why shortages arise, the difficulty in ascertaining that a shortage is present, and how to assess strategies to alleviate the shortage. Four occupations are used as test cases: 1) special education teachers, 2) pharmacists, 3) physical therapists, and 4) home health and personal care aides. For each of these occupations the authors summarize evidence that reveals whether it is currently or has recently experienced a labor shortage and suggest possible ways to alleviate the shortage if it is present. The authors close with a chapter discussing their conclusions and potential uses for occupational shortage data, including in helping determine immigration policy. They also discuss the limited nature of the occupational data currently collected by the Bureau of Labor Statistics and how the federal and state governments could expand their data collection efforts to assist policy formation."--Publisher's website
Author : Edward Jewitt Wheeler
Publisher :
ISBN 13 :
Total Pages : 1068 pages
Book Rating : 4.0/5 ( download)
Download or read book Literary Digest: a Repository of Contemporaneous Thought and Research as Presented in the Periodical Literature of the World written by Edward Jewitt Wheeler and published by . This book was released on 1921 with total page 1068 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Guifu Chen
Publisher : Springer Science & Business Media
ISBN 13 : 3642411096
Total Pages : 122 pages
Book Rating : 4.6/5 (424 download)
Download or read book Rural Labor Migration, Discrimination, and the New Dual Labor Market in China written by Guifu Chen and published by Springer Science & Business Media. This book was released on 2013-11-29 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies some important issues in China’s labor market, such as rural labor migration, employment and wage discrimination, the new dual labor market, and economic returns on schooling, using the newer and representative data and advanced estimation models. This approach has yielded many interesting results, including a solution to the dilemma of two ongoing crises since 2004: the rural labor surplus and severe shortage of migrant labor. While male workers generally received less favorable treatment and consequently enjoyed a lower average employment probability than female workers in 1996, they also received preferential treatment over female workers, who otherwise had identical worker characteristics in 2005. We provide new estimates for male-female hourly wage differentials in urban China, and our results indicate that the hourly wage differentials and the unexplained part of the hourly wage differentials are smaller than the differentials obtained by ignoring the sample selection bias. We study China’s new dual labor market, which is shifting from a rural migration versus urban workers setup to informal workers versus formal workers setup, and present some interesting results. Our study is the first to adopt the IV methodology and the Heckman (1979) two-step procedure simultaneously for the estimation of economic returns on schooling in China.
Author : Alan Richards
Publisher : Routledge
ISBN 13 : 0429716443
Total Pages : 261 pages
Book Rating : 4.4/5 (297 download)
Download or read book Migration, Mechanization, And Agricultural Labor Markets In Egypt written by Alan Richards and published by Routledge. This book was released on 2019-03-13 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a long period of stability, Egypt’s agricultural sector experienced sudden change due to the 1973 oil price increases and Anwar Sadat’s Open Door economic policies. Workers left rural Egypt for the cities and high-wage jobs in the oil-exporting countries. The resulting “labor shortage†and rising real wages in agriculture coincided with a
Author : Bent Hansen
Publisher : Routledge
ISBN 13 : 1317833503
Total Pages : 480 pages
Book Rating : 4.3/5 (178 download)
Download or read book The Economic Theory of Fiscal Policy written by Bent Hansen and published by Routledge. This book was released on 2014-04-04 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes. Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level constant and the labour market in equilibrium at full employment may be solved by means of fiscal and monetary measures. Problems connected with the volume of investments and the balance of payments are considered simultaneously.
Author : Peter Sloane
Publisher : Routledge
ISBN 13 : 1135086184
Total Pages : 398 pages
Book Rating : 4.1/5 (35 download)
Download or read book Modern Labour Economics written by Peter Sloane and published by Routledge. This book was released on 2013-03-05 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour economics as a discipline has changed dramatically in recent years. Gone are the days of a "job for life". These days, firms and employees are part of a less regulated, more fluid, and more international labour market. Knowledge, training, human resource development and human capital are all major factors on the contemporary scene. This new textbook is the first properly international textbook to reflect these swingeing changes. Its key areas of concentration include: the increasing importance of human capital including education and occupational choice the major subdivision of personnel economics including economic inactivity and absenteeism comparative cross country studies and the impact of globalization and migration on national labour markets equal opportunities and issues of discrimination on the basis of race, gender and disability conflict at work, including both strikes and, uniquely, individual disputes. Other issues explored include the supply and demand of labour, wages, the current role of trade unions, bargaining and conflict, and working time. The book is written in a clear, accessible way with some mathematical exposition, reflecting the text’s grounding in current microeconomic theory. The book also contains case studies designed to illuminate theoretical concepts and exercises and discussion questions to test the students understanding of the various concepts outlined in the text.
Author : United States. Congress. Senate. Committee on the Judiciary
Publisher :
ISBN 13 :
Total Pages : 1118 pages
Book Rating : 4.:/5 (36 download)
Download or read book Hearings, Reports and Prints of the Senate Committee on the Judiciary written by United States. Congress. Senate. Committee on the Judiciary and published by . This book was released on 1968 with total page 1118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Connie O. Hughes
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.E/5 ( download)
Download or read book New Jersey's Labor Equation written by Connie O. Hughes and published by . This book was released on 1989 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : János Kornai
Publisher : Univ of California Press
ISBN 13 : 9780520049017
Total Pages : 164 pages
Book Rating : 4.0/5 (49 download)
Download or read book Growth, Shortage, and Efficiency written by János Kornai and published by Univ of California Press. This book was released on 1982-01-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph of lectures presenting a macroeconomic model of economic growth characteristics and inherent obstacles in planned economies in Eastern Europe - discusses issues relating to shortages of investment resources, capital goods and consumer goods and labour shortages, impact on growth rates, production and marketing inefficiency, stabilization, etc. Diagrams, graphs, references and statistical tables.
Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
Publisher :
ISBN 13 :
Total Pages : 480 pages
Book Rating : 4.0/5 (18 download)
Download or read book Economic Concentration written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1964 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:
