Inequality Vs Unemployment Trade-off the Case of the Eu

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Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783844397611
Total Pages : 72 pages
Book Rating : 4.3/5 (976 download)

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Book Synopsis Inequality Vs Unemployment Trade-off the Case of the Eu by : Olena Rabtsun

Download or read book Inequality Vs Unemployment Trade-off the Case of the Eu written by Olena Rabtsun and published by LAP Lambert Academic Publishing. This book was released on 2011-05 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author addresses the issue of interconnection between inequality and unemployment in modern developed economies. The research is centred around the so-called "Transatlantic Consensus" - the inequality-unemployment trade-off, which is frequently considered the major explanation for the differences in unemployment and inequality between rigid-wage and flexible-wage economies, and by extension between Europe and the United States. The work assesses the existence and significance of such a trade-off inside the European Union, providing a detailed research of unemployment and inequality trends in EU-15 and Norway, and suggesting an empirical model for estimation of the trade-off between unemployment and inequality in four groups of European countries (Scandinavian, Southern European, Continental and Anglo-Saxon countries).

Work Inequalities in the Crisis

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Publisher : Edward Elgar Publishing
ISBN 13 : 0857937510
Total Pages : 617 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Work Inequalities in the Crisis by : Daniel Vaughan-Whitehead

Download or read book Work Inequalities in the Crisis written by Daniel Vaughan-Whitehead and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Who are the losers and the occasional winners in the current economic crisis? How have employers responded to the slump in economic growth? What lessons can be learned both from their and government labour policies? Daniel Vaughan-Whitehead, and a team of leading researchers address these questions applying the latest data and research including company case studies from across Europe, including Turkey and the transition economies. They observe some similarities, but also enormous differences. They find novel answers as the policies developed over the past two decades to foster greater flexibility have altered the way firms respond to market changes. Are all these changes socially desirable? The authors are to be congratulated for providing such a detailed panorama and frank assessment which will be of value to both academic and policy readers.' David Marsden, London School of Economics, UK 'Since the successive crises erupted the increase in inequality has not been addressed. This important publication offers a comprehensive overview of recent developments in the workplace. It will help to promote a different policy agenda that is desperately needed to overcome the causes and consequences of the crisis, namely addressing work inequalities.' Philippe Pochet, Catholic University of Louvain la Neuve, Belgium, and General Director of the European Trade Union Institute (ETUI), Brussels, Belgium Work Inequalities in the Crisis provides an in-depth overview of the effects of the crisis on inequalities in the world of work. It examines these inequalities multi-dimensionally, looking at employment, wages and incomes, working conditions and social dialogue. At the same time, it investigates whether the crisis may halt the progress made in Europe towards better quality jobs and working conditions. This book offers a unique combination of research, case studies and policy discussions. An assessment of national trends in 30 European countries precedes case studies of 14 of them, in which noted European specialists report on individual enterprises or sectors. The volume's survey of national- and local-level policy solutions contributes to identifying those responses that strengthen economic competitiveness, preserve social cohesion and do not deepen inequalities. This timely resource will be of particular interest to academics, students and researchers in labour economics, to policymakers, and to those involved in European studies more generally.

Is There a Trade-Off Between Unemployment and Inequality? No Easy Answers

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Is There a Trade-Off Between Unemployment and Inequality? No Easy Answers by : Rebecca M. Blank

Download or read book Is There a Trade-Off Between Unemployment and Inequality? No Easy Answers written by Rebecca M. Blank and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blank considers how the flexibility of U.S. labor markets and the regulation and redistribution policies of European labor markets may determine employers' responses to worldwide economic transformations that result in increasing wage disparity in the United States and continuing high unemployment in Europe. She suggests that since the transformations will undoubtedly continue, governments should seek to develop plans to offset and reduce the adverse labor market effects by combining the best aspects of the two institutional approaches.

Market Vs. Institutions

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (535 download)

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Book Synopsis Market Vs. Institutions by : Alena Bičáková

Download or read book Market Vs. Institutions written by Alena Bičáková and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment and Within-group Wage Inequality

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (535 download)

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Book Synopsis Unemployment and Within-group Wage Inequality by : Renato Faccini

Download or read book Unemployment and Within-group Wage Inequality written by Renato Faccini and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Causes and Consequences of Income Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Growing Income Inequalities

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Publisher : Springer
ISBN 13 : 1137283300
Total Pages : 335 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 335 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.

Trade and Inequality

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781783479474
Total Pages : 0 pages
Book Rating : 4.4/5 (794 download)

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Book Synopsis Trade and Inequality by : Pinelopi K. Goldberg

Download or read book Trade and Inequality written by Pinelopi K. Goldberg and published by Edward Elgar Publishing. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively. Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.

Inequality and Labor Market Institutions

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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.

Inflation and Activity – Two Explorations and their Monetary Policy Implications

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Publisher : International Monetary Fund
ISBN 13 : 1513555839
Total Pages : 29 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Inflation and Activity – Two Explorations and their Monetary Policy Implications by : Mr.Olivier J. Blanchard

Download or read book Inflation and Activity – Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2015-11-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.

Wage bargaining under the new European Economic Governance

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Publisher : ETUI
ISBN 13 : 2874523739
Total Pages : 419 pages
Book Rating : 4.8/5 (745 download)

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Book Synopsis Wage bargaining under the new European Economic Governance by : Guy Van Gyes

Download or read book Wage bargaining under the new European Economic Governance written by Guy Van Gyes and published by ETUI. This book was released on 2015-09-28 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the framework of the new European economic governance, neoliberal views on wages have further increased in prominence and have steered various reforms of collective bargaining rules and practices. As the crisis in Europe came to be largely interpreted as a crisis of competitiveness, wages were seen as the core adjustment variable for ‘internal devaluation’, the claim being that competitiveness could be restored through a reduction of labour costs. This book proposes an alternative view according to which wage developments need to be strengthened through a Europe-wide coordinated reconstruction of collective bargaining as a precondition for more sustainable and more inclusive growth in Europe. It contains major research findings from the CAWIE2 – Collectively Agreed Wages in Europe – project, conducted in 2014–2015 for the purpose of discussing and debating the currently dominant policy perspectives on collectively-bargained wage systems under the new European economic governance.

Equality and Efficiency REV

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Publisher : Brookings Institution Press
ISBN 13 : 0815726546
Total Pages : 171 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Equality and Efficiency REV by : Arthur M. Okun

Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers

Inequality and Growth

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Publisher : MIT Press
ISBN 13 : 0262550644
Total Pages : 343 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Inequality and Growth by : Theo S. Eicher

Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2007-01-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.

Social policy in the European Union: state of play 2015

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Publisher : ETUI
ISBN 13 : 2874523747
Total Pages : 298 pages
Book Rating : 4.8/5 (745 download)

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Book Synopsis Social policy in the European Union: state of play 2015 by : David Natali (OSE)

Download or read book Social policy in the European Union: state of play 2015 written by David Natali (OSE) and published by ETUI. This book was released on 2015-09-23 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sixteenth edition of Social policy in the European Union: state of play has a triple ambition. First, it provides easily accessible information to a wide audience about recent developments in both EU and domestic social policymaking. Second, the volume provides a more analytical reading, embedding the key developments of the year 2014 in the most recent academic discourses. Third, the forward-looking perspective of the book aims to provide stakeholders and policymakers with specific tools that allow them to discern new opportunities to influence policymaking. In this 2015 edition of Social policy in the European Union: state of play, the authors tackle the topics of the state of EU politics after the parliamentary elections, the socialisation of the European Semester, methods of political protest, the Juncker investment plan, the EU’s contradictory education investment, the EU’s contested influence on national healthcare reforms, and the neoliberal Trojan Horse of the Transatlantic Trade and Investment Partnership (TTIP).

Inequality and the Labor Market

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Publisher : Brookings Institution Press
ISBN 13 : 0815738811
Total Pages : 263 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Inequality and the Labor Market by : Sharon Block

Download or read book Inequality and the Labor Market written by Sharon Block and published by Brookings Institution Press. This book was released on 2021-04-06 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.

Inequality and Prosperity

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Author :
Publisher : Cornell University Press
ISBN 13 : 9780801489709
Total Pages : 260 pages
Book Rating : 4.4/5 (897 download)

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Book Synopsis Inequality and Prosperity by : Jonas Pontusson

Download or read book Inequality and Prosperity written by Jonas Pontusson and published by Cornell University Press. This book was released on 2005 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Century Foundation book".

Links Between Growth, Inequality, and Poverty: A Survey

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Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra

Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.