Labor Supply Factors And Economic Fluctuations
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Labor Supply Factors And Economic Fluctuations
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Author : Claudia Foroni
language : en
Publisher:
Release Date : 2018
Labor Supply Factors And Economic Fluctuations written by Claudia Foroni and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
We propose a new Vector Autoregressive identification scheme that enables us to disentangle labor supply shocks from wage bargaining shocks. Identification is achieved by imposing sign restrictions on the responses of the unemployment rate and the labor force participation rate to the two shocks. According to our analysis on United States data over the period 1985-2014, labor supply shocks and wage bargaining shocks are important drivers of output and unemployment both in the short run and in the long run. These results suggest that identification strategies used in estimated new Keynesian models to disentangle labor market shocks may be misguided.
Labour Supply Factors And Economic Fluctuations
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Author : Claudia Foroni
language : en
Publisher:
Release Date : 2015
Labour Supply Factors And Economic Fluctuations written by Claudia Foroni and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Labor Markets And Employment Relationships
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Author : Joyce Jacobsen
language : en
Publisher: John Wiley & Sons
Release Date : 2008-04-15
Labor Markets And Employment Relationships written by Joyce Jacobsen and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Business & Economics categories.
This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis
Handbook Of Labor Economics
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Author : Orley Ashenfelter
language : en
Publisher: Elsevier
Release Date : 1999-11-18
Handbook Of Labor Economics written by Orley Ashenfelter and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-11-18 with Business & Economics categories.
A guide to the continually evolving field of labour economics.
The Economics Of Imperfect Labor Markets Third Edition
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Author : Tito Boeri
language : en
Publisher: Princeton University Press
Release Date : 2021-01-26
The Economics Of Imperfect Labor Markets Third Edition written by Tito Boeri and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-26 with Business & Economics categories.
The leading textbook on imperfect labor markets and the institutions that affect them—now completely updated and expanded Today's labor markets are witnessing seismic changes brought on by such factors as rising self-employment, temporary employment, zero-hour contracts, and the growth of the sharing economy. This fully updated and revised third edition of The Economics of Imperfect Labor Markets reflects these and other critical changes in imperfect labor markets, and it has been significantly expanded to discuss topics such as workplace safety, regulations on self-employment, and disability and absence from work. This new edition also features engaging case studies that illustrate key aspects of imperfect labor markets. Authoritative and accessible, this textbook examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, family policies, equal opportunity legislation, collective bargaining, early retirement programs, and education and migration policies. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are being transformed today. Fully updated to reflect today's changing labor markets Significantly expanded to discuss a wealth of new topics, including the impact of the COVID-19 pandemic Features quantitative examples, new case studies, data sets that enable users to replicate results in the literature, technical appendixes, and end-of-chapter exercises Unique focus on institutions in imperfect labor markets Self-contained chapters cover each of the most important labor-market institutions Instructor's manual available to professors—now with new exercises and solutions
Geographical Labor Market Imbalances
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Author : Chiara Mussida
language : en
Publisher: Springer
Release Date : 2015-04-29
Geographical Labor Market Imbalances written by Chiara Mussida and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-29 with Business & Economics categories.
This book focuses on the questions of how territorial differences in productivity levels and unemployment rates arise in the first place and why territorial differences in labor market performance persist over time. Unemployment divergence and unemployment club convergence have been touched on in a large number of works and have recently also been studied using spatial econometric analysis. In this book we aim to develop the debate to include several important new topics, such as: the reasons why structural changes in some sectors cause slumps in some regions but not in others; the extent to which agglomeration factors explain regional imbalances; the degree of convergence / divergence across EU countries and regions; the role of labor mobility in reducing / increasing regional labor market imbalances; the impact of EU and country-level regional policy in stimulating convergence and the (unsatisfactory) role of active labor market policy in stimulating labor supply in the weakest economic areas.
Labor Supply Shifts And Economic Fluctuations
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Author : Yongsung Chang
language : en
Publisher:
Release Date : 2000
Labor Supply Shifts And Economic Fluctuations written by Yongsung Chang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Drivers Of Labor Force Participation In Advanced Economies Macro And Micro Evidence
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Author : Francesco Grigoli
language : en
Publisher: International Monetary Fund
Release Date : 2018-06-25
Drivers Of Labor Force Participation In Advanced Economies Macro And Micro Evidence written by Francesco Grigoli and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-25 with Business & Economics categories.
Despite signicant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across dierent groups of workers. Participation increased sharply among prime-age women and, more recently, older workers, but fell among the young and prime-age men. This pa- per investigates the determinants of these trends using aggregate and individual-level data. We nd that the bulk of the dramatic increase in the labor force attachment of prime-age women and older workers in the past three decades can be explained by changes in labor mar- ket policies and institutions, structural transformation, and gains in educational attainment. Technological advances such as automation, on the other hand, weighed on the labor supply of prime-age and older workers. In light of the dramatic demographic shifts expected in the coming decades in many AEs, our ndings underscore the need to invest in education and training, reform the tax system, reduce early retirement incentives, improve the job-matching process, and help individuals combine family and work life in order to alleviate the pressures from aging on labor supply.
Unemployment Search And Labour Supply
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Author : Richard Blundell
language : en
Publisher: CUP Archive
Release Date : 1986-04-17
Unemployment Search And Labour Supply written by Richard Blundell and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-04-17 with Business & Economics categories.
This book brings together recent work analysing the labour market behaviour of agents, particularly with regard to unemployment, job search, and labour supply. It considers the economic and demographic factors involved, and in particular the responsiveness of labour market behaviour to changes in these factors. There has been considerable recent progress in the design of appropriate econometric techniques and models with which to confront labour market theories with available data. The contributions to this volume represent important extensions or applications by some of the foremost researchers in the field, provide tests of the available theories, and draw the consequent conclusions for policy. Subjects covered include unemployment, the duration of unemployment, the effects of insurance, benefits and taxation, youth unemployment, models of labour supply, and female participation. The contributors come from the USA, Canada, UK, France, Sweden, and Denmark.
The American Business Cycle
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Author : Robert J. Gordon
language : en
Publisher: University of Chicago Press
Release Date : 2007-11-01
The American Business Cycle written by Robert J. Gordon and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-01 with Business & Economics categories.
In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.