Wage Inequality And Unemployment

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Unemployment, Choice and Inequality

Author : Michael Sattinger
Publisher : Springer Science & Business Media
ISBN 13 : 3642705472
Total Pages : 187 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Unemployment, Choice and Inequality by : Michael Sattinger

Download or read book Unemployment, Choice and Inequality written by Michael Sattinger and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph began as a study of the consequences of labor force effects, in cluding unemployment, for the distribution of earnings. I began by developing a model of job search. But following my previous work on the distribution of earnings, the search theory took a different form from the standard literature. Workers and firms were engaged in mutual search which effectively assigned workers to jobs. A number of open questions immediately became apparent, including the relation bet ween unemployment and inequality, the nature and costs of unemployment, and the role of choice. These quickly provided sufficient material for the monograph. I began work on the project in 1980 at Miami University of Ohio. I wish to thank my chairman there, William McKinstry, for the support I received during my last year there. My colleagues Donald Cymrot and James Moser provided some early com ments on the project and I am indebted to Joseph Simpson for extensive computer assistance.

Income Inequality and Employment

Author : Mary Fish
Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Income Inequality and Employment by : Mary Fish

Download or read book Income Inequality and Employment written by Mary Fish and published by . This book was released on 1978 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The State of Working America 2006/2007

Author : Lawrence R. Mishel
Publisher : Comstock Publishing Associates
ISBN 13 : 9780801445293
Total Pages : 448 pages
Book Rating : 4.4/5 (452 download)

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Book Synopsis The State of Working America 2006/2007 by : Lawrence R. Mishel

Download or read book The State of Working America 2006/2007 written by Lawrence R. Mishel and published by Comstock Publishing Associates. This book was released on 2007 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for previous editions of The State of Working America: "The State of Working America remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today's economy."--Robert B. Reich"It is the inequality of wealth, argue the authors, rather than new technology (as some would have it), that is responsible for the failure of America's workplace to keep pace with the country's economic growth. The State of Working America is a well-written, soundly argued, and important reference book."--Library Journal "If you want to know what happened to the economic well-being of the average American in the past decade or so, this is the book for you. It should be required reading for Americans of all political persuasions."--Richard Freeman, Harvard University "A truly comprehensive and useful book that provides a reality check on loose statements about U.S. labor markets. It should be cheered by all Americans who earn their living from work."--William Wolman, former chief economist, CNBC's Business Week "The State of Working America provides very valuable factual and analytic material on the economic conditions of American workers. It is the very best source of information on this important subject."--Ray Marshall, University of Texas, former U.S. Secretary of Labor"An indispensable work . . . on family income, wages, taxes, employment, and the distribution of wealth."--Simon Head, The New York Review of Books "No matter what political camp you're in, this is the single most valuable book I know of about the state of America, period. It is the most referenced, most influential resource book of its kind."--Jeff Madrick, author, The End of Affluence "This book is the single best yardstick for measuring whether or not our economic policies are doing enough to ensure that our economy can, once again, grow for everybody."--Richard A. Gephardt "The best place to review the latest developments in changes in the distribution of income and wealth."--Lester ThurowThe State of Working America, prepared biennially since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth, and poverty-data that enable the authors to closely examine the effect of the economy on the living standards of the American people.

The Employment Effects of Technological Change

Author : Jens Rubart
Publisher : Springer Science & Business Media
ISBN 13 : 3540699554
Total Pages : 212 pages
Book Rating : 4.5/5 (46 download)

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Book Synopsis The Employment Effects of Technological Change by : Jens Rubart

Download or read book The Employment Effects of Technological Change written by Jens Rubart and published by Springer Science & Business Media. This book was released on 2007-04-04 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The labor markets of important OECD countries show a similar picture: high wages and low unemployment for skilled workers and low wages but high unemployment for low-skilled workers. During the last 10 years this fact has been studied under the hypothesis of "skill-biased technological change" within the context of endogenous growth models. Recent research, however, has shown that the employment and wage differentials vary at business cycle frequencies.This book provides an empirical and theoretical examination of the short- and medium run impacts of technological advances on the employment and wages of workers which differ in their earned educational degree. Furthermore, by introducing labor market frictions and wage setting institutions the author shows the importance of such imperfections in order to replicate empirical facts. Due to the introduction of employment protection mechanisms and minimum wages the analysis accounts for key facts of continental European labor markets.

The Trade-off Between Unemployment and Wage Inequality Revisited

Author : Alena Bičáková
Publisher :
ISBN 13 : 9788073433062
Total Pages : 42 pages
Book Rating : 4.4/5 (33 download)

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Book Synopsis The Trade-off Between Unemployment and Wage Inequality Revisited by : Alena Bičáková

Download or read book The Trade-off Between Unemployment and Wage Inequality Revisited written by Alena Bičáková and published by . This book was released on 2014 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Working and Poor

Author : Rebecca M. Blank
Publisher : Russell Sage Foundation
ISBN 13 : 1610440579
Total Pages : 447 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Working and Poor by : Rebecca M. Blank

Download or read book Working and Poor written by Rebecca M. Blank and published by Russell Sage Foundation. This book was released on 2007-01-09 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last three decades, large-scale economic developments, such as technological change, the decline in unionization, and changing skill requirements, have exacted their biggest toll on low-wage workers. These workers often possess few marketable skills and few resources with which to support themselves during periods of economic transition. In Working and Poor, a distinguished group of economists and policy experts, headlined by editors Rebecca Blank, Sheldon Danziger, and Robert Schoeni, examine how economic and policy changes over the last twenty-five years have affected the well-being of low-wage workers and their families. Working and Poor examines every facet of the economic well-being of less-skilled workers, from employment and earnings opportunities to consumption behavior and social assistance policies. Rebecca Blank and Heidi Schierholz document the different trends in work and wages among less-skilled women and men. Between 1979 and 2003, labor force participation rose rapidly for these women, along with more modest increases in wages, while among the men both employment and wages fell. David Card and John DiNardo review the evidence on how technological changes have affected less-skilled workers and conclude that the effect has been smaller than many observers claim. Philip Levine examines the effectiveness of the Unemployment Insurance program during recessions. He finds that the program's eligibility rules, which deny benefits to workers who have not met minimum earnings requirements, exclude the very people who require help most and should be adjusted to provide for those with the highest need. On the other hand, Therese J. McGuire and David F. Merriman show that government help remains a valuable source of support during economic downturns. They find that during the most recent recession in 2001, when state budgets were stretched thin, legislatures resisted political pressure to cut spending for the poor. Working and Poor provides a valuable analysis of the role that public policy changes can play in improving the plight of the working poor. A comprehensive analysis of trends over the last twenty-five years, this book provides an invaluable reference for the public discussion of work and poverty in America. A Volume in the National Poverty Center Series on Poverty and Public Policy

Inequality and Labor Market Institutions

Author : Ms.Florence Jaumotte
Publisher : International Monetary Fund
ISBN 13 : 1513526901
Total Pages : 32 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Inequality and Labor Market Institutions by : Ms.Florence Jaumotte

Download or read book Inequality and Labor Market Institutions written by Ms.Florence Jaumotte and published by International Monetary Fund. This book was released on 2015-07-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with rising top earners’ income shares and less redistribution, while eroding minimum wages are related to increases in overall income inequality. The results, however, also suggest that a lack of representativeness of unions may be associated with higher inequality. These findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages, as country-specific circumstances and potential trade-offs with other policy objectives need to be considered. Addressing inequality also requires a multipronged approach, which should include taxation reform and curbing excesses associated with financial deregulation.

Wage Inequality and Unemployment

Author : Giuseppe Bertola
Publisher :
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.:/5 (328 download)

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Book Synopsis Wage Inequality and Unemployment by : Giuseppe Bertola

Download or read book Wage Inequality and Unemployment written by Giuseppe Bertola and published by . This book was released on 1995 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Changes in Unemployment and Wage Inequality

Author : Daron Acemoglu
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Changes in Unemployment and Wage Inequality by : Daron Acemoglu

Download or read book Changes in Unemployment and Wage Inequality written by Daron Acemoglu and published by . This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an alternative theory to explain the increase in both the unemployment of skilled and unskilled workers, and in wage differentials between skilled and unskilled workers.

Unemployment and Wage Inequality in OECD Countries

Author : Richard Jackman
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Unemployment and Wage Inequality in OECD Countries by : Richard Jackman

Download or read book Unemployment and Wage Inequality in OECD Countries written by Richard Jackman and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inequality and Industrial Change

Author : James K. Galbraith
Publisher : Cambridge University Press
ISBN 13 : 9780521009935
Total Pages : 344 pages
Book Rating : 4.0/5 (99 download)

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Book Synopsis Inequality and Industrial Change by : James K. Galbraith

Download or read book Inequality and Industrial Change written by James K. Galbraith and published by Cambridge University Press. This book was released on 2001-04-09 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world knows that there is a global crisis of inequality in pay. But what caused it? Where is it more and where less severe? What can be done? This book deploys new techniques and a new global data set to advance striking answers to these questions, answers that have eluded even the largest international research institutions such as the OECD and the World Bank. Chapters trace the U.S. wage structure back to 1920, the relationship of inequality and unemployment in Europe, and the relationships of inequality to economic growth, liberalization, financial crisis, state violence and industrial policy in more than fifty developing countries.

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Author : Mr.Patrick Van Houdt
Publisher : International Monetary Fund
ISBN 13 : 1451841868
Total Pages : 27 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence by : Mr.Patrick Van Houdt

Download or read book Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence written by Mr.Patrick Van Houdt and published by International Monetary Fund. This book was released on 1997-01-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know–how. When a resulting reduced–form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model’s predictions.

Unequal We Stand

Author : Jonathan Heathcote
Publisher : DIANE Publishing
ISBN 13 : 1437934919
Total Pages : 61 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Unequal We Stand by : Jonathan Heathcote

Download or read book Unequal We Stand written by Jonathan Heathcote and published by DIANE Publishing. This book was released on 2010-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors conducted a systematic empirical study of cross-sectional inequality in the U.S., integrating data from various surveys. The authors follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household earnings, to disposable income, and, ultimately, to consumption and wealth. They document a continuous and sizable increase in wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at the bottom of the distribution, but have little effect on the overall trend. Charts and tables. This is a print-on-demand publication; it is not an original.

Who's Not Working and Why

Author : Frederic L. Pryor
Publisher : Cambridge University Press
ISBN 13 : 9780521794398
Total Pages : 318 pages
Book Rating : 4.7/5 (943 download)

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Book Synopsis Who's Not Working and Why by : Frederic L. Pryor

Download or read book Who's Not Working and Why written by Frederic L. Pryor and published by Cambridge University Press. This book was released on 1999 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a radically different view of the operations of the labor market, in this 1999 book Professors Pryor and Schaffer explain the growing inequality in wages and how those with the least education are being squeezed out of the labor market. Why have wages in those jobs requiring extra-high cognitive skills risen while all other wages have stagnated or fallen? And why are more university graduates taking high-school jobs? The authors of this volume present data revealing that jobs which require a high educational level are increasing more slowly than those with somewhat lower requirements. However such jobs are increasing faster than those requiring still less formal education. Professors Pryor and Schaffer also show how women are replacing men in jobs which require higher levels of education and, moreover, how those with high cognitive skills are replacing those with lower cognitive skills.

Fighting Unemployment

Author : David R. Howell
Publisher : Oxford University Press
ISBN 13 : 0190290161
Total Pages : 368 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis Fighting Unemployment by : David R. Howell

Download or read book Fighting Unemployment written by David R. Howell and published by Oxford University Press. This book was released on 2004-12-02 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: With much of Europe plagued by high levels of unemployment, it has become widely accepted that the culprit is labor market rigidity and that the prescription can only be labor market deregulation: lower wages, higher earnings inequality, greater decentralization in bargaining, less generous unemployment benefits, more hiring flexibility, and less job security. Fighting Unemployment critically assesses this free market orthodoxy. With cross-country statistical analyses and country case studies, leading economists from seven North American and European countries contend that this conventional wisdom has greatly exaggerated the extent to which the unemployment problem can be blamed on protective labor market institutions and that the case for dismantling the welfare state to fight unemployment rests more on free market ideology than on the empirical evidence. The larger message of this book is that fundamentally different labor market models - ranging from the 'American Model' to the much more regulated and coordinated Scandinavian systems - are compatible with low unemployment.

Growing Income Inequalities

Author : J. Hellier
Publisher : Springer
ISBN 13 : 1137283300
Total Pages : 347 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis Growing Income Inequalities by : J. Hellier

Download or read book Growing Income Inequalities written by J. Hellier and published by Springer. This book was released on 2012-11-13 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the widening gap between the wage packets of skilled and unskilled workers that has become a pressing issue for all states in the globalized world economy. Comparing the experiences of more and less developed economies, chapters analyse the underlying causes and key social changes that accompany income inequality.

Differences and Changes in Wage Structures

Author : Richard B. Freeman
Publisher : University of Chicago Press
ISBN 13 : 0226261840
Total Pages : 474 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Differences and Changes in Wage Structures by : Richard B. Freeman

Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.