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Author : Charles A. Fleischman
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.E/5 ( download)
Download or read book The Endogeneity of Employment Adjustment Costs written by Charles A. Fleischman and published by . This book was released on 1996 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : James J. Heckman
Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)
Download or read book Law and Employment written by James J. Heckman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.
Author : Werner Smolny
Publisher : Springer Science & Business Media
ISBN 13 : 3642576966
Total Pages : 283 pages
Book Rating : 4.6/5 (425 download)
Download or read book Endogenous Innovations and Knowledge Spillovers written by Werner Smolny and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent development of endogenous growth theories has renewed the in terest into the sources of productivity growth of the advanced industrialized economies. The basic advance of these models is that the evolution of tech nological progress is explained endogeneously within the economic model. The most important concept is the idea of endogenous, market-driven inno vations which are seen as the basic source of technological advances. Firms develop sophisticated production techniques and new products in order to reduce costs or to stimulate demand. Equally important is the concept of knowledge spillovers from innovation activities and scale economies associ ated with them. External effects drive a wedge between private and social re turns of innovation activities, and scale economies affect the market structure. In addition, each year's productivity increases exhibit an enormous social value. Therefore, the analysis of endogenous innovations, scale economies, and knowledge spillovers has important implications for economic policy which enhances the interest into empirical investigations of these issues. This book is a collection of theoretical and empirical work on this subject. It combines micro economic and macroeconomic issues; a special emphasis is placed on empirical applications. Much work has been devoted to the search and the preparation of appropriate data, and all models are estimated with panel data. The first two chapters take an aggregate view at the growth process.
Author : Pierre Cahuc
Publisher : MIT Press
ISBN 13 : 0262325543
Total Pages : 1081 pages
Book Rating : 4.2/5 (623 download)
Download or read book Labor Economics, second edition written by Pierre Cahuc and published by MIT Press. This book was released on 2014-08-15 with total page 1081 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of a widely used, comprehensive graduate-level text and professional reference covering all aspects of labor economics, with substantial new material. This landmark graduate-level text combines depth and breadth of coverage with recent, cutting-edge work in all the major areas of modern labor economics. Its command of the literature and its coverage of the latest theoretical, methodological, and empirical developments make it also a valuable resource for practicing labor economists. This second edition has been substantially updated and augmented. It incorporates examples drawn from many countries, and it presents empirical methods using contributions that have proved to be milestones in labor economics. The data and codes of these research publications, as well as numerous tables and figures describing the functioning of labor markets, are all available on a dedicated website (www.labor-economics.org), along with slides that can be used as course aids and a discussion forum. This edition devotes more space to the analysis of public policy and the levers available to policy makers, with new chapters on such topics as discrimination, globalization, income redistribution, employment protection, and the minimum wage or labor market programs for the unemployed. Theories are explained on the basis of the simplest possible models, which are in turn related to empirical results. Mathematical appendixes provide a toolkit for understanding the models.
Author : Pierre Cahuc
Publisher : MIT Press
ISBN 13 : 9780262033169
Total Pages : 896 pages
Book Rating : 4.0/5 (331 download)
Download or read book Labor Economics written by Pierre Cahuc and published by MIT Press. This book was released on 2004 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive graduate-level text and professional reference covering all aspects of labor economics.
Author : Charles Andrew Fleischman
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.3/5 (91 download)
Download or read book Heterogeneous Employment Adjustment Costs in U.S. Manufacturing Industries written by Charles Andrew Fleischman and published by . This book was released on 1996 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Daniel S. Hamermesh
Publisher : Oxford University Press
ISBN 13 : 019250889X
Total Pages : 464 pages
Book Rating : 4.1/5 (925 download)
Download or read book Demand for Labor written by Daniel S. Hamermesh and published by Oxford University Press. This book was released on 2017-05-19 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book collects articles published by Daniel Hamermesh between 1969 and 2013 dealing with the general topic of the demand for labor. The first section presents empirical studies of basic issues in labor demand, including the extent to which different types of labor are substitutes, how firms' and workers' investments affect labor turnover, and how costs of adjusting employment affect the dynamics of employment and patterns of labor turnover. The second section examines the impacts of various labor-market policies, including minimum wages, penalty pay for using overtime hours or hours worked on weekends or nights, severance pay for displaced workers, and payroll taxes to finance unemployment insurance benefits. The final section deals with general questions of discrimination by employers along various dimensions, including looks, gender and ethnicity, in all cases focusing on the process of discrimination and the behavior that results. Throughout the focus is on the development of theoretically-based hypotheses and testing them using the most appropriate data, often data collected uniquely for the particular project.
Author : Paul Burstein
Publisher : Transaction Publishers
ISBN 13 : 9780202365893
Total Pages : 462 pages
Book Rating : 4.3/5 (658 download)
Download or read book Equal Employment Opportunity written by Paul Burstein and published by Transaction Publishers. This book was released on with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of writings is the only broad, interdisciplinary introduction to the struggle for EEO and its consequences.
Author : Mirko Abbritti
Publisher : International Monetary Fund
ISBN 13 : 1513583980
Total Pages : 49 pages
Book Rating : 4.5/5 (135 download)
Download or read book Endogenous Growth, Downward Wage Rigidities and Optimal Inflation written by Mirko Abbritti and published by International Monetary Fund. This book was released on 2021-08-06 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard New Keynesian (NK) models feature an optimal inflation target well below two percent, limited welfare losses from business cycle fluctuations and long-term monetary neutrality. We develop a NK framework with labour market frictions, endogenous productivity and downward wage rigidity (DWR) which challenges these results. The model features a non-vertical long-run Phillips curve between inflation and unemployment and a trade-off between price distortions and output hysteresis that change the welfare-maximizing inflation level. For a plausible set of parameters, the optimal inflation target is in excess of two percent, a target value commonly used across central banks. Deviations from the optimal target carry welfare costs multiple times higher than in traditional NK models. The main reason is that endogenous growth and DWR generate asymmetric and hysteresis effects on unemployment and output. Price level targeting or a Taylor-rule responding to the unemployment rate can handle better the asymmetric and hysteresis effects in our model and deliver significant welfare gains. Our results are robust to the inclusion of the effective lower bound on the monetary policy interest rate.
Author : Stephen P. Magee
Publisher : Cambridge University Press
ISBN 13 : 9780521377003
Total Pages : 466 pages
Book Rating : 4.3/5 (77 download)
Download or read book Black Hole Tariffs and Endogenous Policy Theory written by Stephen P. Magee and published by Cambridge University Press. This book was released on 1989-08-25 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: An example of special interest protection is provided by this study's general equilibrium theory that explains income distribution with goods markets, factor markets, lobbies, political parties and voters all pursuing their self interests.
Author : Michael Neugart
Publisher : Springer Science & Business Media
ISBN 13 : 3642583482
Total Pages : 181 pages
Book Rating : 4.6/5 (425 download)
Download or read book Nonlinear Labor Market Dynamics written by Michael Neugart and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation of labor market behavior where linear stochastic approaches fell. Time series studies for German labor market data support this point of view.
Author : Peter Skott
Publisher : Cambridge University Press
ISBN 13 : 1009367293
Total Pages : 397 pages
Book Rating : 4.0/5 (93 download)
Download or read book Structuralist and Behavioral Macroeconomics written by Peter Skott and published by Cambridge University Press. This book was released on 2023-08-31 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Ruy Lama
Publisher : International Monetary Fund
ISBN 13 : 1463927274
Total Pages : 40 pages
Book Rating : 4.4/5 (639 download)
Download or read book Employment Protection and Business Cycles in Emerging Economies written by Mr.Ruy Lama and published by International Monetary Fund. This book was released on 2011-12-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment protection in shaping business cycles in emerging economies. The model features matching frictions and an endogenous selection effect by which inefficient jobs are destroyed in recessions. In a quantitative version of the model calibrated to the Mexican economy we find that reducing separation costs to a level consistent with developed economies would reduce output volatility by 15 percent. We also use the model to analyze the Mexican crisis episode of 2008 and conclude that an economy with lower separation costs would have experienced a smaller drop in output and in measured total factor productivity with no significant change in aggregate employment.
Author : Eduardo Tomé
Publisher : Academic Conferences Limited
ISBN 13 : 1906638705
Total Pages : 638 pages
Book Rating : 4.9/5 (66 download)
Download or read book ECKM2010-Proceedings of the 11th European Conference on Knowledge Management written by Eduardo Tomé and published by Academic Conferences Limited. This book was released on 2010 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mai Dao
Publisher : International Monetary Fund
ISBN 13 : 1475598475
Total Pages : 38 pages
Book Rating : 4.4/5 (755 download)
Download or read book Regional Labor Market Adjustments in the United States and Europe written by Mai Dao and published by International Monetary Fund. This book was released on 2014-02-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine patterns of regional adjustments to shocks in the US during the past 40 years. Using state-level data, we estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state-relative labor demand shocks. We find that (i) the long-run effect of a state-specific shock on the state employment level has decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger, while that of relative unemployment is weaker during aggregate downturns, and (iv) the change in the response intensity of migration is related to the declining trend in regional dispersion of labor market conditions. Finally, using regional data for a set of 21 European countries, we show that while the short-term response of participation rates to labor demand shocks is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time.
Author : Ms.Ruo Chen
Publisher : International Monetary Fund
ISBN 13 : 1455269468
Total Pages : 51 pages
Book Rating : 4.4/5 (552 download)
Download or read book The Real Exchange Rate and Employment in China written by Ms.Ruo Chen and published by International Monetary Fund. This book was released on 2011-06-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008. In contrast to theoretical predictions, employment in both the tradable and non-tradable sectors contracts following a real appreciation. Our results are robust across different sub-samples, levels of sectoral disaggregation, and are more pronounced for regions with higher export exposure. We attribute our findings to the importance of services as intermediate input in exportable production. We test this channel of exchange rate transmission using regional input-output tables linked with employment data at the region-sector level. The results of this paper have important implications for China's labor market adjustment should the Chinese RMB strengthen in the future. To mitigate the costs of short-run labor market adjustment, appropriate demand management and structural reforms in the non-traded sectors should play an important role.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264033041
Total Pages : 281 pages
Book Rating : 4.2/5 (64 download)
Download or read book OECD Employment Outlook 2007 written by OECD and published by OECD Publishing. This book was released on 2007-06-18 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2007 edition of OECD's annual Employment Outlook presents a series of articles supporting the recommendation that rather than seeing globalisation as a threat, OECD governments should focus on improving labour regulations and social protection systems to help people adapt to job markets.
