Employment And Equilibrium
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Employment And Equilibrium
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Author : Arthur Cecil Pigou
language : en
Publisher:
Release Date : 1978
Employment And Equilibrium written by Arthur Cecil Pigou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.
Employment And Equilibrium
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Author : Arthur Cecil Pigou
language : en
Publisher:
Release Date : 1949
Employment And Equilibrium written by Arthur Cecil Pigou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1949 with Economics categories.
Employment And Equilibrium
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Author : Arthur Cecil Pigou
language : en
Publisher:
Release Date : 1949
Employment And Equilibrium written by Arthur Cecil Pigou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1949 with Macroeconomics categories.
Employment And Equilibrium
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Author : Arthur Cecil Pigou
language : en
Publisher:
Release Date : 1999
Employment And Equilibrium written by Arthur Cecil Pigou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Employment (Economic theory) categories.
Employment And Equilibrium
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Author : Arthur C. Pigou
language : en
Publisher:
Release Date : 1979-01-01
Employment And Equilibrium written by Arthur C. Pigou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979-01-01 with Economics categories.
A Theory Of Employment In Firms
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Author : Josef Falkinger
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
A Theory Of Employment In Firms written by Josef Falkinger and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
In a modern economy, production and competition require internal interaction of individuals in firms. The book provides a systematic treatment of the macroeconomic consequenses of this fact. For this purpose the concept of a two-stage monopolistic competition equilibrium is introduced into macroeconomic theory. Firms choose the capacity to organize internal interaction at stage 1 and compete at stage 2. The concept allows a rigorous analysis of the provision of work places and the economic determinants of the employable work force. The book explains why in the equilibrium of a market economy, even under flexible wages, no jobs may be provided for people who are employable from an efficiency point of view. The economic determinants of equilibrium employment covered by the analysis of the book are: New forms of work organization, changes in the skill structure of the labor force, market power of key factors for organization, expectations of investors and international capital movements.
Job Matching Wage Dispersion And Unemployment
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Author : Dale T. Mortensen
language : en
Publisher: Oxford University Press, USA
Release Date : 2011-04-28
Job Matching Wage Dispersion And Unemployment written by Dale T. Mortensen and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-28 with Business & Economics categories.
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.
Structural Slumps
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Author : Edmund S. Phelps
language : en
Publisher: Harvard University Press
Release Date : 1994
Structural Slumps written by Edmund S. Phelps and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
Dissatisfied with the explanations of the business cycle provided by the Keynesian, monetarist, New Keynesian, and real business cycle schools, Edmund Phelps has developed from various existing strands-some modern and some classical--a radically different theory to account for the long periods of unemployment that have dogged the economies of the United States and Western Europe since the early 1970s. Phelps sees secular shifts and long swings of the unemployment rate as structural in nature. That is, they are typically the result of movements in the natural rate of unemployment (to which the equilibrium path is always tending) rather than of long-persisting deviations around a natural rate itself impervious to changing structure. What has been lacking is a "structuralist" theory of how the natural rate is disturbed by real demand and supply shocks, foreign and domestic, and the adjustments they set in motion. To study the determination of the natural rate path, Phelps constructs three stylized general equilibrium models, each one built around a distinct kind of asset in which firms invest and which is important for the hiring decision. An element of these models is the modern economics of the labor market whereby firms, in seeking to dampen their employees' propensities to quit and shirk, drive wages above market-clearing levels-the phenomenon of the "incentive wage"--and so generate involuntary unemployment in labor-market equilibrium. Another element is the capital market, where interest rates are disturbed by demand and supply shocks such as shifts in profitability, thrift, productivity, and the rate of technical progress and population increase. A general-equilibrium analysis shows how various real shocks, operating through interest rates upon the demand for employees and through the propensity to quit and shirk upon the incentive wage, act upon the natural rate (and thus equilibrium path). In an econometric and historical section, the new theory of economic activity is submitted to certain empirical tests against global postwar data. In the final section the author draws from the theory some suggestions for government policy measures that would best serve to combat structural slumps.
Equilibrium Unemployment Theory Second Edition
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Author : Christopher A. Pissarides
language : en
Publisher: MIT Press
Release Date : 2000-03-02
Equilibrium Unemployment Theory Second Edition written by Christopher A. Pissarides and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-03-02 with Business & Economics categories.
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.
Hedonic Wage Equilibrium
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Author : Thomas J. Kniesner
language : en
Publisher: Now Publishers Inc
Release Date : 2010
Hedonic Wage Equilibrium written by Thomas J. Kniesner and has been published by Now Publishers Inc this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
Hedonic Wage Equilibrium examines empirically and theoretically the properties of the equilibrium wage function.