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Unemployment And Macroeconomics
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Download or read book Unemployment written by K. G. Knight and published by Routledge. This book was released on 2018-12-07 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1987. Unemployment is currently the major economic concern in developed economies. This book provides a comprehensive analysis of the economics of unemployment. It concentrates on theories of the labour market and examines the critical inter-relationships with the rest of the economy. It provides a thorough evaluation of theory and extensive consideration of the relevant empirical evidence. It emphasises the multi-causal nature of unemployment and concludes that policy-makers should respond with a multi-faceted mix of policies.
Download or read book Unemployment written by Richard Layard and published by Oxford University Press, USA. This book was released on 2005 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: This broad survey of unemployment will be a major source of reference for both scholars and students.
Book Synopsis Inflation, Unemployment, and Monetary Policy by : Robert M. Solow
Download or read book Inflation, Unemployment, and Monetary Policy written by Robert M. Solow and published by MIT Press. This book was released on 1998 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited and with an introduction by Benjamin M. Friedman The connection between price inflation and real economic activity has been a focus of macroeconomic research--and debate--for much of the past century. Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years. Today, virtually everyone studying monetary policy acknowledges that, contrary to what many modern macroeconomic models suggest, central bank actions often affect both inflation and measures of real economic activity, such as output, unemployment, and incomes. But the nature and magnitude of these effects are not yet understood. In this volume, Robert M. Solow and John B. Taylor present their views on the dilemmas facing U.S. monetary policymakers. The discussants are Benjamin M. Friedman, James K. Galbraith, N. Gregory Mankiw, and William Poole. The aim of this lively exchange of views is to make both an intellectual contribution to macroeconmics and a practical contribution to the solution of a public policy question of central importance.
Book Synopsis How the Government Measures Unemployment by :
Download or read book How the Government Measures Unemployment written by and published by . This book was released on 1964 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical method used by the USA labour administration for the measurement of unemployment.
Book Synopsis Unemployment and Macroeconomics by : Assar Lindbeck
Download or read book Unemployment and Macroeconomics written by Assar Lindbeck and published by MIT Press. This book was released on 1993 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Balancing theoretical insights with lessons drawn from the experience of many countries, Lindbeck examines employment and unemployment against the background of developed market economies during the past century.
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 256 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.
Book Synopsis Unemployment by : P. Richard G. Layard
Download or read book Unemployment written by P. Richard G. Layard and published by Oxford University Press, USA. This book was released on 2005 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt: This broad survey of unemployment will be a major source of reference for both scholars and students.
Book Synopsis Macroeconomic Causes of Unemployment: Diagnosis and Policy Recommendations / by : Wolfgang Filc
Download or read book Macroeconomic Causes of Unemployment: Diagnosis and Policy Recommendations / written by Wolfgang Filc and published by Duncker & Humblot. This book was released on 2015-03-03 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: This conference volume deals with one of the most severe economic, social and political problems major European economies face since the early nineties, the problem of lasting high unemployment. Contrary to the current German discussion, solely concentrating on microeconomic explanations and therapy recommendations, this volume presents papers based on various macro-economic points of view, showing different ways out of the employment crisis. Apart from renowned German economists, some well-known international academics participated in the 1998 Berlin symposium, to learn from experience in other countries.The first chapter contains the main standard textbook models and paradigms explaining lasting high unemployment. The question in the second chapter is if it is possible to fight unemployment with the help of macro policy on a purely national basis in the presence of global markets. The third chapter indicates possible effects of misalignments in financial markets on economic growth and employment. The contributions of the fourth chapter present experiences of other countries, which have succeeded in recent years in lowering their unemployment rates. The question at issue is, if these concepts can be transferred to Germany. The topics of the concluding chapter are practical macroeconomic starting points for sustainable employment growth in Europe. The methods contradict supply side arguments for the stabilisation of employment predominant in the German discussion. Attention is focused on relations between the role of monetary and fiscal policy in close conjunction with wage policy. Furthermore it is made evident that in global markets a theoretical macroeconomic concept as a base for sustainable employment is not very promising without enhanced international co-operation.
Book Synopsis The Economics of Unemployment by : James J. Hughes
Download or read book The Economics of Unemployment written by James J. Hughes and published by Cambridge University Press. This book was released on 1984-09-28 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problems and issues of unemployment are given comprehensive coverage through discussions of measurement, theory and policy which are backed up with empirical evidence drawn from postwar experience in the United States and the United Kingdom.
Book Synopsis Unemployment and Productivity in the Long Run by : Pierpaolo Benigno
Download or read book Unemployment and Productivity in the Long Run written by Pierpaolo Benigno and published by International Monetary Fund. This book was released on 2010-11-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U.S. episodes which a linear model based only on long-run productivity growth cannot fully explain. These are the decline in long-run unemployment over the 1980s and its rise during the late 2000s.
Book Synopsis Involuntary Unemployment by : James Anthony Trevithick
Download or read book Involuntary Unemployment written by James Anthony Trevithick and published by . This book was released on 1992 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: What sense is the student of economics to make of the seemingly irreconcilable positions espoused by rival schools of thought? How will the student be able to form a balanced judgement of the relative merits and demerits of, for example, the Keynesian and the monetarist approaches to macroeconomics? More fundamentally, what is a Keynesian and how does a Keynesian differ from a monetarist or a new classical macroeconomist. J.A. Trevithick provides a fascinating and highly readable account of macroeconomic theory. He places the emphasis squarely on the Keynesian approach, demonstrating clearly the role of earlier authors in Keynes's development of The General Theory. Moreover, he shows how new classical economics is a conscious reaction to the Keynesian approach. He provides a powerful re-statement of the continuance of Keynes's central role in macroeconomics despite many challenges. No-one, from whatever school, will be able to ignore this book.
Book Synopsis Optimal Unemployment Insurance by : Andreas Pollak
Download or read book Optimal Unemployment Insurance written by Andreas Pollak and published by Mohr Siebeck. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.
Book Synopsis Labor, Credit, and Goods Markets by : Nicolas Petrosky-Nadeau
Download or read book Labor, Credit, and Goods Markets written by Nicolas Petrosky-Nadeau and published by MIT Press. This book was released on 2017-11-10 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.
Book Synopsis Introduction to Business by : Lawrence J. Gitman
Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2023-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monetary Policy and the German Unemployment Problem in Macroeconomic Models by : Jan Gottschalk
Download or read book Monetary Policy and the German Unemployment Problem in Macroeconomic Models written by Jan Gottschalk and published by Springer Science & Business Media. This book was released on 2007-04-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeling techniques inspired by new classical economics and real business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different econometric techniques to investigate the relevance and implications of different macroeconomic theories for German data. A key question this book investigates is the role of demand and supply side conditions for the increase in the German unemployment rate. On a policy level, the book relates the implications of the different theories to the ongoing debate on the appropriate roles of demand and supply side policies for curing the German unemployment problem.
Book Synopsis Unemployment, Inflation and New Macroeconomic Policy by : J. O. N. Perkins
Download or read book Unemployment, Inflation and New Macroeconomic Policy written by J. O. N. Perkins and published by Springer. This book was released on 1982-06-24 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Current Issues in Economics and Finance by : Bandi Kamaiah
Download or read book Current Issues in Economics and Finance written by Bandi Kamaiah and published by Springer. This book was released on 2018-01-12 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses wide topics related to current issues in economic growth and development, international trade, macroeconomic and financial stability, inflation, monetary policy, banking, productivity, agriculture and food security. It is a collection of seventeen research papers selected based on their quality in terms of contemporary topic, newness in the methodology, and themes. All selected papers have followed an empirical approach to address research issues, and are segregated in five parts. Part one covers papers related to fiscal and price stability, monetary policy and economic growth. The second part contains works related to financial integration, capital market volatility and macroeconomic stability. Third part deals with issues related to international trade and economic growth. Part four covers topics related to productivity and firm performance. The final part discusses issues related to agriculture and food security. The book would be of interest to researchers, academicians as a ready reference on current issues in economics and finance.
