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Author : Simon M. Burgess
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.X/5 (6 download)
Download or read book Unemployment Dynamics, Duration and Equilibrium written by Simon M. Burgess and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hélène Turon
Publisher :
ISBN 13 :
Total Pages : 506 pages
Book Rating : 4.:/5 (248 download)
Download or read book Unemployment Dynamics written by Hélène Turon and published by . This book was released on 2001 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kenneth Wolpin
Publisher : Routledge
ISBN 13 : 1136459480
Total Pages : 112 pages
Book Rating : 4.1/5 (364 download)
Download or read book Empirical Methods for the Study of Labour Force Dynamics written by Kenneth Wolpin and published by Routledge. This book was released on 2013-10-11 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last twenty years there has been an explosion of economic research on labor force dynamics; the movement of individuals between labor force states. This book focuses on the methods by which behavioral theories of labor force dynamics have been empirically implemented. Most attention is paid to the partial equilibrium two-state transitional model of job search behavior. That model is the foundation for much of our thinking about the nature of unemployment at both the individual and aggregate levels. Although the basic formulation has remained the same, approaches to the empirical implementation of such models has changed dramatically.
Author : Kenneth I. Wolpin
Publisher : Psychology Press
ISBN 13 : 9780415269407
Total Pages : 112 pages
Book Rating : 4.2/5 (694 download)
Download or read book Empirical Methods for the Study of Labor Force Dynamics written by Kenneth I. Wolpin and published by Psychology Press. This book was released on 2001 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last twenty years there has been an explosion of economic research on labour force dynamics. This book focuses on the methods by which behavioural theories of labour force dynamics have been empirically implemented.
Author : Ragnar Nymoen
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Equilibrium Unemployment Dynamics in a Panel of OECD Countries written by Ragnar Nymoen and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We focus on the equilibrium unemployment rate as a parameter implied by a dynamic aggregate model of wage and price setting. The equilibrium unemployment rate depends on institutional labour market institutions through mark-up coefficients. Compared with existing studies, the resulting final equation for unemployment has a richer dynamic structure. The empirical investigation is conducted in a panel data framework and uses OECD data up to 2012. We propose to extend the standard estimation method with time dummies to control and capture the effects of common and national shocks by using impulse indicator saturation (WG-IIS), which has not been previously used on panel data. WG-IIS robustifies the estimators of the regression coefficients in the dynamic model, and it affects the estimated equilibrium unemployment rates. We find that wage co-ordination stands out as the most important institutional variable in our data set, but there is also evidence pointing to the tax wedge and the degree of compensation in the unemployment insurance system as drivers of equilibrium unemployment.
Author : Marika Karanassou
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.X/5 (1 download)
Download or read book Explaining Disparities in Unemployment Dynamics written by Marika Karanassou and published by . This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dale T. Mortensen
Publisher : Oxford University Press, USA
ISBN 13 : 0199233780
Total Pages : 219 pages
Book Rating : 4.1/5 (992 download)
Download or read book Job Matching, Wage Dispersion, and Unemployment written by Dale T. Mortensen and published by Oxford University Press, USA. This book was released on 2011-04-28 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: A selection of key papers from the winners of the Nobel Memorial Prize 2010. It features their most important work on unemployment, labour market dynamics, and the equilibrium search model.
Author : Bradley James Speigner
Publisher :
ISBN 13 :
Total Pages : 186 pages
Book Rating : 4.:/5 (874 download)
Download or read book Essays on Equilibrium Unemployment Dynamics written by Bradley James Speigner and published by . This book was released on 2012 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eran Yashiv
Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.3/5 ( download)
Download or read book The Determinants of Equilibrium Unemployment written by Eran Yashiv and published by . This book was released on 1995 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dmitry Plotnikov
Publisher : International Monetary Fund
ISBN 13 : 1484372573
Total Pages : 37 pages
Book Rating : 4.4/5 (843 download)
Download or read book Hysteresis in Unemployment and Jobless Recoveries written by Dmitry Plotnikov and published by International Monetary Fund. This book was released on 2014-05-06 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops and estimates a general equilibrium rational expectations model with search and multiple equilibria where aggregate shocks have a permanent effect on the unemployment rate. If agents' wealth decreases, the unemployment rate increases for a potentially indefinite period. This makes unemployment rate dynamics path dependent as in Blanchard and Summers (1987). I argue that this feature explains the persistence of the unemployment rate in the U.S. after the Great Recession and over the entire postwar period.
Author : Christopher A. Pissarides
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)
Download or read book Short-run Equilibrium Dynamics of Unemployment, Vacancies and Real Wages written by Christopher A. Pissarides and published by . This book was released on 1984 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Markus Gangl
Publisher : Springer Science & Business Media
ISBN 13 : 3642573347
Total Pages : 295 pages
Book Rating : 4.6/5 (425 download)
Download or read book Unemployment Dynamics in the United States and West Germany written by Markus Gangl and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: In writing this book, I increasingly became aware of the extent to which much of the finest social science research has been devoted to the issue of unemployment. Unemployment rightly is a key issue in the social sciences for search of social and political answers to the economic, social and psychological distress caused by un certainty and macroeconomic change. I was glad to find my own worries shared by eminent and respected scholars: George Akerlof once confessed to pursue the study of unemployment ultimately because of his father's distress from fear of un employment, and Wout Ultee started research on unemployment from the consid eration that parents' talk about unemployment risks should not come to dominate marriage parties or other family occasions. The problem of unemployment is thus hardly confmed to actual loss of income, but one where economic insecurity be gins to undermine the very fabric of society. In consequence, to combat unem ployment should indeed be a foremost issue in societies striving for freedom and justice for their citizenry, yet to succeed obviously requires an understanding of the underlying economic realities. If this study could contribute to this endeavor, all the time spent in writing would seem well spent indeed. Against the significant body of existing social science research on unemploy ment, it seems appropriate to be clear about the scope and limitations of the cur rent study, however.
Author : Christopher A. Pissarides
Publisher : MIT Press
ISBN 13 : 9780262264068
Total Pages : 278 pages
Book Rating : 4.2/5 (64 download)
Download or read book Equilibrium Unemployment Theory, second edition written by Christopher A. Pissarides and published by MIT Press. This book was released on 2000-03-02 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the "natural" rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest of the book has been extensively rewritten and, in several cases, simplified.
Author : Mr.Dennis J. Snower
Publisher : International Monetary Fund
ISBN 13 : 9781557755780
Total Pages : 228 pages
Book Rating : 4.7/5 (557 download)
Download or read book Economic Policies and Unemployment Dynamics in Europe written by Mr.Dennis J. Snower and published by International Monetary Fund. This book was released on 1997-01-28 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, edited by S.G.B. Henry and Dennis J. Snower, examines the high unemployment that has plagued five European countries- France, Germany, Italy, Spain, and the United Kingdom- for more than a decade. Its methodology focuses on the mechanisms that prevent employers and employees from adjusting promptly to changing market opportunities. Chief among these mechanisms are outdated economic structures, the power of labor unions, rising nonwage labor costs, and the disparity between unemployed workers and available jobs. Although cross-country differences indicate that there is no common cause for joblessness in Europe, the book discusses a unique characteristic of the European labor market- that unemployment not only rises during recessions, but does not fall when economic weaknesses are overcome.
Author : M. Sebastiani
Publisher : Springer
ISBN 13 : 0230373720
Total Pages : 216 pages
Book Rating : 4.2/5 (33 download)
Download or read book Kalecki and Unemployment Equilibrium written by M. Sebastiani and published by Springer. This book was released on 1994-02-22 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kalecki's opus has been acknowledged chiefly as a contribution to the theory of distribution and the business cycle. Little attention has been given to the theory of effective demand and to unemployment equilibrium, i.e. to the field traditionally covered by Keynesian economics. This book is an attempt to draw attention to the most innovative core of Kalecki's thought on capitalist economies, which is also strictly interrelated to the history of economic thought. Accordingly, it focuses on the relationships with other theoretical approaches, to methodology and the theory of effective demand and investment, to the theory of distribution and prices, and to the theory of money.
Author : Joao Gomes
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.X/5 (6 download)
Download or read book Equilibrium Unemployment written by Joao Gomes and published by . This book was released on 1997 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: A search-theoretic general equilibrium model of frictional unemployment is shown to be consistent with some of the key regularities of unemployment over the business cycle. In the model the return to a job moves stochastically. Agents can choose either to quit and search for a better job, or continue working. Search generates job offers that agents can accept or reject. Two distinguishing features of current work relative to the existing business cycle literature on labor market fluctuations are: (i) the decision to accept or reject jobs is modeled explicitly, and (ii) there is imperfect insurance against unemployment.
Author : Jeremy Greenwood
Publisher : London : Department of Economics, University of Western Ontario
ISBN 13 : 9780771406829
Total Pages : 31 pages
Book Rating : 4.4/5 (68 download)
Download or read book A Dynamic Equilibrium Model of Inflation and Unemployment written by Jeremy Greenwood and published by London : Department of Economics, University of Western Ontario. This book was released on 1985 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
