Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
The Distributional Impacts Of Worker Reallocation Evidence From Europe
Download The Distributional Impacts Of Worker Reallocation Evidence From Europe full books in PDF, epub, and Kindle. Read online The Distributional Impacts Of Worker Reallocation Evidence From Europe ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis The Distributional Impacts of Worker Reallocation: Evidence from Europe by : Mr. John C Bluedorn
Download or read book The Distributional Impacts of Worker Reallocation: Evidence from Europe written by Mr. John C Bluedorn and published by International Monetary Fund. This book was released on 2022-06-24 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using individual-level data for 30 European countries between 1983 and 2019, we document the extent and earning consequences of workers’ reallocation across occupations and industries and how these outcomes vary with individual-level characteristics, namely (i) education, (ii) gender, and (iii) age. We find that while young workers are more likely to experience earnings gains with on-the-job sectoral and occupational switches, low-skilled workers’ employment transitions are associated with an earnings loss. These differences in earnings gains and losses also mask a high degree of heterogeneity related to trends in routinization. We find that workers, particularly low-skilled and older workers during recessions, experience a severe earning penalty when switching occupations from non-routine to routine occupations.
Book Synopsis How Do Adaptive Learning Expectations Rationalize Stronger Monetary Policy Response in Brazil? by : Allan Dizioli
Download or read book How Do Adaptive Learning Expectations Rationalize Stronger Monetary Policy Response in Brazil? written by Allan Dizioli and published by International Monetary Fund. This book was released on 2023-01-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper estimates a standard Dynamic Stochastic General Equilibrium (DSGE) model that includes a wage and price Phillip's curves with different expectation formation processes for Brazil and the USA. Other than the standard rational expectation process, we also use a limited rationality process, the adaptive learning model. In this context, we show that the separate inclusion of a labor market in the model helps to anchor inflation even in a situation of adaptive expectations, a positive output gap and inflation above target. The estimation results show that the adaptive learning model does a better job in fitting the data in both Brazil and the USA. In addition, the estimation shows that expectations are more backward-looking and started to drift away sooner in 2021 in Brazil than in the USA. We then conduct optimal policy exercises that prescribe early monetary policy tightening in the context of positive output gaps and inflation far above the central bank target.
Book Synopsis OECD Employment Outlook 2017 by : OECD
Download or read book OECD Employment Outlook 2017 written by OECD and published by OECD Publishing. This book was released on 2017-06-13 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2017 edition of the OECD Employment Outlook reviews recent labour market trends and short-term prospects in OECD countries.
Book Synopsis Job Polarization and the Declining Fortunes of the Young: Evidence from the United Kingdom by : Ms.Era Dabla-Norris
Download or read book Job Polarization and the Declining Fortunes of the Young: Evidence from the United Kingdom written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2019-10-11 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a life-cycle framework to document new stylized facts about the nexus between job polarization and earnings inequality. Using quarterly labor force data for the UK over the period 2000-2018, we find clear life-cycle profiles in the probability of being employed within each occupation type and wages earned therein. Cohort plots and econometric analysis suggest that labor market outcomes and prospects have gradually worsened for the young. These adverse trends are particularly significant for low-skill women: estimated cohort effects point to a fall in wages within each occupation as well as a lower propensity of being employed in abstract-task occupations. We also find evidence of general occupational downgrading in the UK, with more educated workers taking up fewer high-skill occupations than they did in the past. Our analysis informs the policy debate over appropriate measures needed to reduce skill mismatches and alleviate labor market transitions.
Book Synopsis Does Import Competition Induce R&D Reallocation? Evidence from the U.S. by : Rui Xu
Download or read book Does Import Competition Induce R&D Reallocation? Evidence from the U.S. written by Rui Xu and published by International Monetary Fund. This book was released on 2017-11-16 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the impact of rising import competition from China on U.S. innovative activities. Using Compustat data, we find that import competition induces R&D expenditures to be reallocated towards more productive and more profitable firms within each industry. Such reallocation effect has the potential to offset the average drop in firm-level R&D identified in the previous literature. Indeed, our quantitative analysis shows no adverse impact of import competition on aggregate R&D expenditures. Taking the analysis beyond manufacturing, we find that import competition has led to reallocation of researchers towards booming service industries, including business and repairs, personal services, and financial services.
Book Synopsis The Labour Market Impact of the EU Enlargement by : Floro Ernesto Caroleo
Download or read book The Labour Market Impact of the EU Enlargement written by Floro Ernesto Caroleo and published by Springer Science & Business Media. This book was released on 2010-03-18 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Floro Ernesto Caroleo and Francesco Pastore This book was conceived to collect selected essays presented at the session on “The Labour Market Impact of the European Union Enlargements. A New Regional Geography of Europe?” of the XXII Conference of the Italian Association of Labour Economics (AIEL). The session aimed to stimulate the debate on the continuity/ fracture of regional patterns of development and employment in old and new European Union (EU) regions. In particular, we asked whether, and how different, the causes of emergence and the evolution of regional imbalances in the new EU members of Central and Eastern Europe (CEE) are compared to those in the old EU members. Several contributions in this book suggest that a factor common to all backward regions, often neglected in the literature, is to be found in their higher than average degree of structural change or, more precisely, in the hardship they expe- ence in coping with the process of structural change typical of all advanced economies. In the new EU members of CEE, structural change is still a consequence of the continuing process of transition from central planning to a market economy, but also of what Fabrizio et al. (2009) call the “second transition”, namely that related to the run-up to and entry in the EU.
Book Synopsis The Distributional Impacts of Trade by : Jakob Engel
Download or read book The Distributional Impacts of Trade written by Jakob Engel and published by World Bank Publications. This book was released on 2021-06-09 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade is a well-established driver of growth and poverty reduction.But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate how trade affects economic well-being across all segments of the population, as well as how policies can more effectively ensure that the gains from trade are distributed more widely. The Distributional Impacts of Trade: Empirical Innovations, Analytical Tools, and Policy Responses provides a deeper understanding of the distributional effects of trade across regions, industries, and demographic groups within countries over time. It includes an overview (chapter 1); a review of innovations in empirical and theoretical work covering the impacts of trade at the subnational level (chapter 2); highlights from empirical case studies on Bangladesh, Brazil, Mexico, South Africa, and Sri Lanka (chapter 3); and a policy agenda to improve distributional outcomes from trade (chapter 4). This book comes at a time when the shock from COVID-19 (coronavirus) adds to an already uncertain trade policy environment in which the value of the multilateral trading system has been under increased scrutiny. A better understanding of how trade affects distributional outcomes can lead to more inclusive policies and support the ability of countries to maximize broad-based benefits from trade.
Book Synopsis Employment Effects of Environmental Policies – Evidence From Firm-Level Data by : Mr. Adil Mohommad
Download or read book Employment Effects of Environmental Policies – Evidence From Firm-Level Data written by Mr. Adil Mohommad and published by International Monetary Fund. This book was released on 2021-05-14 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The employment impact of environmental policies is an important question for policy makers. We examine the effect of increasing the stringency of environmental policy across a broad set of policies on firms’ labor demand, in a novel identification approach using Worldscope data from 31 countries on firm-level CO2 emissions. Drawing on evidence from as many as 5300 firms over 15 years and the OECD environmental policy stringency (EPS) index, it finds that high emission-intensity firms reduce labor demand upon impact as EPS is tightened, whereas low emission-intensity firms increase labor demand, indicating a reallocation of employment. Moreover, tightening EPS during economic contractions appears to have a positive effect on employment, other things equal. Quantifications exercises show modest positive net changes in employment for market-based policies, and modest negative net changes for non-market policies (mainly emission quantity regulations) and for the combined aggregate EPS. Within market-based policies, the percent decline in employment in high-emission firms (correspondingly the increase in low-emission firms) for a unit change in a policy index is smallest (largest) for trading schemes (“green” certificates, and “white” certificates)—although stringency is not comparable across indices. Finally, the employment effects of EPS are not persistent.
Book Synopsis The New Americans by : National Research Council
Download or read book The New Americans written by National Research Council and published by National Academies Press. This book was released on 1997-11-14 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on one of the most controversial issues of the decade. It identifies the economic gains and losses from immigrationâ€"for the nation, states, and local areasâ€"and provides a foundation for public discussion and policymaking. Three key questions are explored: What is the influence of immigration on the overall economy, especially national and regional labor markets? What are the overall effects of immigration on federal, state, and local government budgets? What effects will immigration have on the future size and makeup of the nation's population over the next 50 years? The New Americans examines what immigrants gain by coming to the United States and what they contribute to the country, the skills of immigrants and those of native-born Americans, the experiences of immigrant women and other groups, and much more. It offers examples of how to measure the impact of immigration on government revenues and expendituresâ€"estimating one year's fiscal impact in California, New Jersey, and the United States and projecting the long-run fiscal effects on government revenues and expenditures. Also included is background information on immigration policies and practices and data on where immigrants come from, what they do in America, and how they will change the nation's social fabric in the decades to come.
Book Synopsis Europe and the Euro by : Alberto Alesina
Download or read book Europe and the Euro written by Alberto Alesina and published by University of Chicago Press. This book was released on 2010-04-15 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Book Synopsis OECD Employment Outlook 2020 Worker Security and the COVID-19 Crisis by : OECD
Download or read book OECD Employment Outlook 2020 Worker Security and the COVID-19 Crisis written by OECD and published by OECD Publishing. This book was released on 2020-07-07 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2020 edition of the OECD Employment Outlook focuses on worker security and the COVID-19 crisis.
Book Synopsis Free Trade by : Cheryl Schonhardt-Bailey
Download or read book Free Trade written by Cheryl Schonhardt-Bailey and published by Burns & Oates. This book was released on 1996 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the renewed interest in the repeal of the Corn Laws (1846), the original source material surrounding the repeal legislation has remained difficult to find for researchers, especially those outside Britain. This volume offers easy access to key Parliamentary documents, pamphlets, and speeches of the Anti-Corn Law League and a number of contemporary documents on the anticipated effects of repeal by Torrens, McCulloch, Porter, Pennington, and others.
Book Synopsis Adjusting to Globalization by : David Greenaway
Download or read book Adjusting to Globalization written by David Greenaway and published by Wiley-Blackwell. This book was released on 2005-05-20 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume investigates the ways in which firms and workers are adjusting to globalization. A collection of cutting-edge essays investigating the ways in which firms and workers are adjusting to globalization. Written by leading researchers in the field. Covers such issues as: outsourcing; the productivity effects of entry to export markets; job losses and wage insurance; and the protection of intellectual property. Presents original research on adjusting to globalization. Provides important insights into the microeconomics effects of globalization. Highlights key issues for policy makers.
Book Synopsis Economic Gains From Gender Inclusion by : Mr.Jonathan David Ostry
Download or read book Economic Gains From Gender Inclusion written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2018-10-09 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While progress has been made in increasing female labor force participation (FLFP) in the last 20 years, large gaps remain. The latest Fund research shows that improving gender diversity can result in larger economic gains than previously thought. Indeed, gender diversity brings benefits all its own. Women bring new skills to the workplace. This may reflect social norms and their impact on upbringing and social interactions, or underlying differences in risk preference and response to incentives for example. As such, there is an economic benefit from diversity, that is from bringing women into the labor force, over and above the benefit resulting from more (male) workers. The study finds that male and female labor are imperfect substitutes in production, and therefore gender differences in the labor force matter. The results also imply that standard models, which ignore such differences, understate the favorable impact of gender inclusion on growth, and misattribute to technology a part of growth that is actually caused by women’s participation. The study further suggests that narrowing gender gaps benefits both men and women, because of a boost to male wages from higher FLFP. The paper also examines the role of women in the process of sectoral reallocation from traditional agriculture to services and the resulting effect on productivity and growth. Because FLFP is relatively high in services, sectoral reallocation along development paths serves to boost gender parity and productivity.
Book Synopsis International Trade and Labor Markets by : Carl Davidson
Download or read book International Trade and Labor Markets written by Carl Davidson and published by W.E. Upjohn Institute. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Job Creation written by Pietro Garibaldi and published by International Monetary Fund. This book was released on 2000-06-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, the United States has been very successful atcreating jobs. Some other industrial countries have clearly lagged behind. But what is the reason why some countries are more successful than others at creating employment? Are there common factors that explainjob creation? This paper presents the findings of a new IMF study that has systematically analyzed job creation over the past two decades in theindustrial countries, focusing particularly on differences within Europe.
