The Dynamics Of Employment Wages And Output
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The Dynamics Of Employment Wages And Output
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Author : Francis In
language : en
Publisher:
Release Date : 1995
The Dynamics Of Employment Wages And Output written by Francis In and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Employment (Economic theory) categories.
The Dynamics Of Employment Wages And Output
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Author : Francis In
language : en
Publisher:
Release Date : 1994
The Dynamics Of Employment Wages And Output written by Francis In and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Employment (Economic theory) categories.
The Microeconomic Dynamics Of Output And Employment
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Author : Steven Mark Fazzari
language : en
Publisher:
Release Date : 1982
The Microeconomic Dynamics Of Output And Employment written by Steven Mark Fazzari and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Equilibrium (Economics) categories.
Immigration And Wage Dynamics In Germany
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Author : Sabine Klinger
language : en
Publisher: International Monetary Fund
Release Date : 2019-12-27
Immigration And Wage Dynamics In Germany written by Sabine Klinger 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 2019-12-27 with Business & Economics categories.
German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather well and suggest that relatively low wage growth can be largely attributed to low inflation expectations and low productivity growth. There is no evidence – from either aggregate or micro-level administrative data – that large immigration flows since 2012 have had dampening effects on aggregate wage growth, as complementarity effects offset composition and competition effects.
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
Labor Market Institutions And Unemployment Dynamics In Transition Economies
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Author : Pietro Garibaldi
language : en
Publisher: International Monetary Fund
Release Date : 1997-10
Labor Market Institutions And Unemployment Dynamics In Transition Economies written by Pietro Garibaldi 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 1997-10 with Business & Economics categories.
This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It presents a dynamic matching model in which state sector firms endogenously shed labor and private job creation takes time. Two main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition, they reduce the fall in real wages and speed up closure of state enterprises. Second, higher minimum wages can theoretically speed up the elimination of state sector jobs without affecting steady-state unemployment. These results are broadly consistent with existing evidence on the dynamics of unemployment and real wages in transition economies.
Labor Markets And Business Cycles
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Author : Robert Shimer
language : en
Publisher: Princeton University Press
Release Date : 2010-04-12
Labor Markets And Business Cycles written by Robert Shimer 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 2010-04-12 with Business & Economics categories.
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
The Price Of Industrial Labor
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Author : James E. Annable
language : en
Publisher: Lexington, Mass. : Lexington Books
Release Date : 1984
The Price Of Industrial Labor written by James E. Annable and has been published by Lexington, Mass. : Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
Study in wages economics, (labour economics), arguing that a more realistic wage policy and theory must be predicated on wage duality arising from labour market conditions and size of enterprise differences - discusses the wage norm concept, its microeconomics and macroeconomics parameters, functional efficiency, adjustment processes, etc. References.
Analysis Of The Dynamics Of The Job Creation Process In The United States And An Evaluation Of Medium And Long Term Prospects
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Author : Rodney Stares
language : en
Publisher:
Release Date : 1987
Analysis Of The Dynamics Of The Job Creation Process In The United States And An Evaluation Of Medium And Long Term Prospects written by Rodney Stares and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Labor supply categories.
You Re Paid What You Re Worth
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Author : Jake Rosenfeld
language : en
Publisher: Harvard University Press
Release Date : 2021-02-16
You Re Paid What You Re Worth written by Jake Rosenfeld 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 2021-02-16 with Business & Economics categories.
“This is the book to throw at your human resources director—not literally, of course—when any attempt is being made to bamboozle you about how decisions on pay have been made...It is a closely argued, thoroughly researched treatise on how we got here and how pay could be both fairer and more effective as a reward.” —Stefan Stern, Financial World “A flat-out revelation of a book by one of the nation’s top scholars of the labor market...required reading for anyone who cares about the future of work in America.” —Matthew Desmond, author of Poverty, by America “Jake Rosenfeld pulls back the curtain on the multifaceted cultural, institutional, and market forces at play in wage-setting. This timely book illuminates the power dynamics and often arbitrary forces that have contributed to the egregious inequality in the U.S. labor market—and then lays out a clear blueprint for progressive change.” —Thea Lee, President of the Economic Policy Institute Job performance and where you work play a role in determining pay, but judgments of productivity and value are highly subjective. What makes a lawyer more valuable than a teacher? How do you measure the output of a police officer, a professor, or a reporter? Why, in the past few decades, did CEOs suddenly become hundreds of times more valuable than their employees? The answers lie not in objective criteria but in battles over interests and ideals. Four dynamics are paramount: power, inertia, mimicry, and demands for equity. Power struggles legitimize pay for particular jobs, and organizational inertia makes that pay seem natural. Mimicry encourages employers to do what their peers are doing. And workers are on the lookout for practices that seem unfair. Jake Rosenfeld shows us how these dynamics play out in real-world settings, drawing on cutting-edge economics and original survey data, with an eye for compelling stories and revealing details. You’re Paid What You’re Worth gets to the heart of that most basic of social questions: Who gets what and why?