Monopsony in Motion

Download Monopsony in Motion PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 1400850673
Total Pages : 414 pages
Book Rating : 4.4/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Monopsony in Motion by : Alan Manning

Download or read book Monopsony in Motion written by Alan Manning and published by Princeton University Press. This book was released on 2013-12-03 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.

The Structure of Wages

Download The Structure of Wages PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226470512
Total Pages : 473 pages
Book Rating : 4.2/5 (264 download)

DOWNLOAD NOW!


Book Synopsis The Structure of Wages by : Edward P. Lazear

Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.

Behavioral Economics and Its Applications

Download Behavioral Economics and Its Applications PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 1400829143
Total Pages : 331 pages
Book Rating : 4.4/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Behavioral Economics and Its Applications by : Peter Diamond

Download or read book Behavioral Economics and Its Applications written by Peter Diamond and published by Princeton University Press. This book was released on 2012-01-12 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.

Living Wages, Equal Wages: Gender and Labour Market Policies in the United States

Download Living Wages, Equal Wages: Gender and Labour Market Policies in the United States PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1134480164
Total Pages : 276 pages
Book Rating : 4.1/5 (344 download)

DOWNLOAD NOW!


Book Synopsis Living Wages, Equal Wages: Gender and Labour Market Policies in the United States by : Deborah M. Figart

Download or read book Living Wages, Equal Wages: Gender and Labour Market Policies in the United States written by Deborah M. Figart and published by Routledge. This book was released on 2005-07-08 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wage setting has historically been a deeply political and cultural as well as economic process. This informative and accessible book explores how US wage regulations in the twentieth century took gender, race-ethnicity and class into account. Focusing on social reform movements for living wages and equal wages, it offers an interdisciplinary account of how women's work and the remuneration for that work has changed along with the massive transformations in the economy and family structures. The controversial issue of establishing living wages for all workers makes this book both a timely and indispensable contribution to this wide ranging debate, and it will surely become required reading for anyone with an interest in modern economic issues.

The Wage Curve

Download The Wage Curve PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262023757
Total Pages : 504 pages
Book Rating : 4.0/5 (237 download)

DOWNLOAD NOW!


Book Synopsis The Wage Curve by : David G. Blanchflower

Download or read book The Wage Curve written by David G. Blanchflower and published by MIT Press. This book was released on 1994 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.

The Fissured Workplace

Download The Fissured Workplace PDF Online Free

Author :
Publisher : Harvard University Press
ISBN 13 : 067472612X
Total Pages : 421 pages
Book Rating : 4.6/5 (747 download)

DOWNLOAD NOW!


Book Synopsis The Fissured Workplace by : David Weil

Download or read book The Fissured Workplace written by David Weil and published by Harvard University Press. This book was released on 2014-02-17 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the twentieth century, large companies employing many workers formed the bedrock of the U.S. economy. Today, on the list of big business's priorities, sustaining the employer-worker relationship ranks far below building a devoted customer base and delivering value to investors. As David Weil's groundbreaking analysis shows, large corporations have shed their role as direct employers of the people responsible for their products, in favor of outsourcing work to small companies that compete fiercely with one another. The result has been declining wages, eroding benefits, inadequate health and safety protections, and ever-widening income inequality. From the perspectives of CEOs and investors, fissuring--splitting off functions that were once managed internally--has been phenomenally successful. Despite giving up direct control to subcontractors and franchises, these large companies have figured out how to maintain the quality of brand-name products and services, without the cost of maintaining an expensive workforce. But from the perspective of workers, this strategy has meant stagnation in wages and benefits and a lower standard of living. Weil proposes ways to modernize regulatory policies so that employers can meet their obligations to workers while allowing companies to keep the beneficial aspects of this business strategy.

High Wage Workers and High Wage Firms

Download High Wage Workers and High Wage Firms PDF Online Free

Author :
Publisher : Université de Montréal, Centre de recherche et développement en économique
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis High Wage Workers and High Wage Firms by : John M. Abowd

Download or read book High Wage Workers and High Wage Firms written by John M. Abowd and published by Université de Montréal, Centre de recherche et développement en économique. This book was released on 1994 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a longitudinal sample of over one million French workers and over 500,000 employing firms. Real total annual compensation per worker is decomposed into components related to observable characteristics, worker heterogeneity, firm heterogeneity and residual variation. Except for the residual, all components may be correlated in an arbitrary fashion. At the level of the individual, we find that person-effects, especially those not related to observables like education, are the most important source of wage variation in France. Firm-effects, while important, are not as important as person-effects. At the level of firms, we find that enterprises that hire high-wage workers are more productive but not more profitable. They are also more capital and high-skilled employee intensive. Enterprises that pay higher wages, controlling for person-effects, are more productive and more profitable. They are also more capital intensive but are not more high-skilled labor intensive. We also find that person-effects explain 92% of inter-industry wage differentials.

Economy, Society and Public Policy

Download Economy, Society and Public Policy PDF Online Free

Author :
Publisher : Oxford University Press, USA
ISBN 13 : 9780198849841
Total Pages : 0 pages
Book Rating : 4.8/5 (498 download)

DOWNLOAD NOW!


Book Synopsis Economy, Society and Public Policy by : The Core Team

Download or read book Economy, Society and Public Policy written by The Core Team and published by Oxford University Press, USA. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.

The Fundamentals of Minimum Wage Fixing

Download The Fundamentals of Minimum Wage Fixing PDF Online Free

Author :
Publisher : International Labour Organization
ISBN 13 : 9789221170143
Total Pages : 154 pages
Book Rating : 4.1/5 (71 download)

DOWNLOAD NOW!


Book Synopsis The Fundamentals of Minimum Wage Fixing by : François Eyraud

Download or read book The Fundamentals of Minimum Wage Fixing written by François Eyraud and published by International Labour Organization. This book was released on 2005 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual draws on the ILO's comprehensive database containing the principal legal provisions and minimum wage fixing mechanisms in 100 countries. The minimum wage has had a long and turbulent history, and this study sheds light on its intricacies by providing a thorough overview of the institutions and practices in different countries. It outlines the main topics for debate concerning the effects of minimum wages on major social and economic variables such as employment, wage inequality, and poverty. The book considers the various procedures countries use for implementation, including the criteria employed to fix the minimum wage, and how they are linked to specific country objectives. It then measures the efficiency of the minimum wage, and focuses on its impact on employment as a major political issue. For the benefit of non-specialists, the validity of econometric models and their results are examined.

The Once and Future Worker

Download The Once and Future Worker PDF Online Free

Author :
Publisher : Encounter Books
ISBN 13 : 1641770155
Total Pages : 230 pages
Book Rating : 4.6/5 (417 download)

DOWNLOAD NOW!


Book Synopsis The Once and Future Worker by : Oren Cass

Download or read book The Once and Future Worker written by Oren Cass and published by Encounter Books. This book was released on 2018-11-13 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[Cass’s] core principle—a culture of respect for work of all kinds—can help close the gap dividing the two Americas....” – William A. Galston, The Brookings Institution The American worker is in crisis. Wages have stagnated for more than a generation. Reliance on welfare programs has surged. Life expectancy is falling as substance abuse and obesity rates climb. These woes are not the inevitable result of irresistible global and technological forces. They are the direct consequence of a decades-long economic consensus that prioritized increasing consumption—regardless of the costs to American workers, their families, and their communities. Donald Trump’s rise to the presidency focused attention on the depth of the nation’s challenges, yet while everyone agrees something must change, the Left’s insistence on still more government spending and the Right’s faith in still more economic growth are recipes for repeating the mistakes of the past. In this groundbreaking re-evaluation of American society, economics, and public policy, Oren Cass challenges our basic assumptions about what prosperity means and where it comes from to reveal how we lost our way. The good news is that we can still turn things around—if the nation’s proverbial elites are willing to put the American worker’s interests first. Which is more important, pristine air quality, or well-paying jobs that support families? Unfettered access to the cheapest labor in the world, or renewed investment in the employment of Americans? Smoothing the path through college for the best students, or ensuring that every student acquires the skills to succeed in the modern economy? Cutting taxes, expanding the safety net, or adding money to low-wage paychecks? The renewal of work in America demands new answers to these questions. If we reinforce their vital role, workers supporting strong families and communities can provide the foundation for a thriving, self-sufficient society that offers opportunity to all.

Macroeconomic Inequality from Reagan to Trump

Download Macroeconomic Inequality from Reagan to Trump PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1108494633
Total Pages : 145 pages
Book Rating : 4.1/5 (84 download)

DOWNLOAD NOW!


Book Synopsis Macroeconomic Inequality from Reagan to Trump by : Lance Taylor

Download or read book Macroeconomic Inequality from Reagan to Trump written by Lance Taylor and published by Cambridge University Press. This book was released on 2020-08-20 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.

Trump: The Art of the Deal

Download Trump: The Art of the Deal PDF Online Free

Author :
Publisher : Ballantine Books
ISBN 13 : 0307575330
Total Pages : 401 pages
Book Rating : 4.3/5 (75 download)

DOWNLOAD NOW!


Book Synopsis Trump: The Art of the Deal by : Donald J. Trump

Download or read book Trump: The Art of the Deal written by Donald J. Trump and published by Ballantine Books. This book was released on 2009-12-23 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Donald J. Trump lays out his professional and personal worldview in this classic work—a firsthand account of the rise of America’s foremost deal-maker. “I like thinking big. I always have. To me it’s very simple: If you’re going to be thinking anyway, you might as well think big.”—Donald J. Trump Here is Trump in action—how he runs his organization and how he runs his life—as he meets the people he needs to meet, chats with family and friends, clashes with enemies, and challenges conventional thinking. But even a maverick plays by rules, and Trump has formulated time-tested guidelines for success. He isolates the common elements in his greatest accomplishments; he shatters myths; he names names, spells out the zeros, and fully reveals the deal-maker’s art. And throughout, Trump talks—really talks—about how he does it. Trump: The Art of the Deal is an unguarded look at the mind of a brilliant entrepreneur—the ultimate read for anyone interested in the man behind the spotlight. Praise for Trump: The Art of the Deal “Trump makes one believe for a moment in the American dream again.”—The New York Times “Donald Trump is a deal maker. He is a deal maker the way lions are carnivores and water is wet.”—Chicago Tribune “Fascinating . . . wholly absorbing . . . conveys Trump’s larger-than-life demeanor so vibrantly that the reader’s attention is instantly and fully claimed.”—Boston Herald “A chatty, generous, chutzpa-filled autobiography.”—New York Post

The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study

Download The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study PDF Online Free

Author :
Publisher : OECD Publishing
ISBN 13 : 9264900225
Total Pages : 186 pages
Book Rating : 4.2/5 (649 download)

DOWNLOAD NOW!


Book Synopsis The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study by : OECD

Download or read book The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study written by OECD and published by OECD Publishing. This book was released on 2021-12-09 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.

The Economics of Imperfect Competition

Download The Economics of Imperfect Competition PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1349153206
Total Pages : 359 pages
Book Rating : 4.3/5 (491 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Imperfect Competition by : Joan Robinson

Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Labor Economics

Download Handbook of Labor Economics PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 9780444501899
Total Pages : 800 pages
Book Rating : 4.5/5 (18 download)

DOWNLOAD NOW!


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 1999-11-18 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.

Employment and Wages

Download Employment and Wages PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 888 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Employment and Wages by :

Download or read book Employment and Wages written by and published by . This book was released on 1963 with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sticky Prices in the Euro Area

Download Sticky Prices in the Euro Area PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (642 download)

DOWNLOAD NOW!


Book Synopsis Sticky Prices in the Euro Area by :

Download or read book Sticky Prices in the Euro Area written by and published by . This book was released on 2005 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: