Unemployment Of Skilled And Unskilled Labor In An Open Economy
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Unemployment Of Skilled And Unskilled Labor In An Open Economy
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Author : Richard A. Brecher
language : en
Publisher:
Release Date : 2008
Unemployment Of Skilled And Unskilled Labor In An Open Economy written by Richard A. Brecher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Macroeconomic Adjustment With Segmented Labor Markets
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Author : Pierre-Richard Agénor
language : en
Publisher: International Monetary Fund
Release Date : 1994-05-01
Macroeconomic Adjustment With Segmented Labor Markets written by Pierre-Richard Agénor 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 1994-05-01 with Business & Economics categories.
This paper analyzes the macroeconomic effects of fiscal and labor market policies in developing countries. The basic framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency considerations and minimum wage laws. The basic model is then extended to account for unemployment benefits, income taxation, and imperfect labor mobility across sectors. The analysis indicates, among other results, that a reduction in unemployement benefits has a positive effect on output of tradable goods by lowering both the level of efficiency wages and the relative rent captured by skilled workers.
Technology And The Decline In Demand For Unskilled Labour
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Author : Mark Sanders
language : en
Publisher: Edward Elgar Publishing
Release Date : 2005-01-01
Technology And The Decline In Demand For Unskilled Labour written by Mark Sanders and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-01 with Business & Economics categories.
The position of low skilled workers in the labor market has deteriorated significantly over the past three decades. What has caused this deterioration in low skilled labor demand and what can explain the different labor market responses throughout the OECD? Mark Sanders addresses these questions and evaluates proposed policies to improve upon the present situation and prevent further deterioration in the future. The author develops a theoretical framework that produces two hypotheses to explain the shift in relative demand as well as the different ways in which this shift has manifested itself. The framework is then extended by introducing unemployment, and additional hypotheses are proposed to explain the main EU-US differences. The dynamics thus uncovered yield somewhat unorthodox policy implications on income-, labor market and technology policies in Europe and the US. This comprehensive book will appeal to both scholars and academics, while graduate and PhD-students looking for an accessible introduction to modeling the dynamics of technical change and its interactions with the labor market will find it of great interest.
Labor Market Policies And Unemployment In Morocco
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Author : Pierre-Richard Agénor
language : en
Publisher: World Bank Publications
Release Date : 2003
Labor Market Policies And Unemployment In Morocco written by Pierre-Richard Agénor and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Labor market categories.
The authors study the impact of labor market policies on unemployment in Morocco. They begin by reviewing the main features of the labor market. Then they present a quantitative framework that captures many of these features-such as a large public sector, high redundancy payments, powerful trade unions, and international labor migration. The authors simulate the impact of a cut in the minimum wage and a reduction in payroll taxation. The results indicate that these policies may have a significant impact in the short term on open unskilled unemployment. But they also show that labor market reforms, to be effective in the long run, may need to be accompanied by offsetting changes in the budget to avoid crowding-out effects on private investment.
Black Unemployment
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Author : David Schwartzman
language : en
Publisher: Praeger
Release Date : 1997-03-25
Black Unemployment written by David Schwartzman and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-03-25 with Business & Economics categories.
Analyses the rise of black unemployment since 1920 when Blacks came into the urban labour markets from Southern farms.
The Labor Market And Economic Adjustment
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Author : Pierre-Richard Agénor
language : en
Publisher: International Monetary Fund
Release Date : 1995-11-01
The Labor Market And Economic Adjustment written by Pierre-Richard Agénor 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 1995-11-01 with Business & Economics categories.
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.
Skills For The Labor Market In Indonesia
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Author : Emanuela Di Gropello
language : en
Publisher: World Bank Publications
Release Date : 2011
Skills For The Labor Market In Indonesia written by Emanuela Di Gropello and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
In Indonesia, the past two decades have been a time of great progress but also massive transformations and abrupt setbacks. In this context, this book reviews the main characteristics of - and trends in - demand for skills in Indonesia. It seeks to document the existence of a possible skills mismatch between employer demands and the available supply, the contribution of the education and training sector to this mismatch, and possible measures to improve the education and training system's responsiveness to what the labor market and the economy need. In today's job market in Indonesia, there appears to be a premium on theoretical and practical knowledge of the job. While skills do not appear to be yet among the most important constraints for the economy, the situation is different for larger more export-oriented manufacturing firms. Subjective assessments of difficulties of matching needs with available skills provide evidence that skills are becoming an issue overall in Indonesia. The widest gaps across professional profiles are for English and computer skills followed by thinking and behavioral skills. Theoretical and practical knowledge of the job are also considered to be weak. There are important gaps in creativity, computing and some technical skills for young workers. English remains the largest gap. Five general skill related priorities can be highlighted for Indonesia. First, the country needs to improve skill measurement to get a fuller understanding of skill needs and gaps. Second, it is urgent for Indonesia to address the still unsatisfactory quality and relevance of its formal education, including higher education. Third, the country needs to set-up multiple pathways for skill development. Fourth, the country needs to develop an integrated approach to tackle skill development for youth. Fifth, Indonesia should also tackle labor market constraints which affect the skill matching process.
Youth Unemployment
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Author : Mark Casson
language : en
Publisher: Springer
Release Date : 1979-07-11
Youth Unemployment written by Mark Casson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979-07-11 with Business & Economics categories.
Implications Of Skill Biased Technological Change
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Author : Eli Berman
language : en
Publisher:
Release Date : 1997
Implications Of Skill Biased Technological Change written by Eli Berman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Cambio tecnologico categories.
Demand for less skilled workers decreased dramatically in the US and in other developed countries over the past two decades. We argue that pervasive skill-biased technological change rather than increased trade with the developing world is the principal culprit. The pervasiveness of this technological change is important for two reasons. First, it is an immediate and testable implication of technological change. Second, under standard assumptions, the more pervasive the skill-biased technological change the greater the increase in the embodied supply of less skilled workers and the greater the depressing effect on their relative wages through world goods prices. In contrast, in the Heckscher-Ohlin model with small open economies, the skill-bias of local technological changes does not affect wages. Thus, pervasiveness deals with a major criticism of skill-biased technological change as a cause. Testing the implications of pervasive, skill-biased technological change we find strong supporting evidence. First, across the OECD, most industries have increased the proportion of skilled workers employed despite rising or stable relative wages. Second, increases in demand for skills were concentrated in the same manufacturing industries in different developed countries.
Adjustment Policies Poverty And Unemployment
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Author : Pierre-Richard Agenor
language : en
Publisher: John Wiley & Sons
Release Date : 2009-02-04
Adjustment Policies Poverty And Unemployment written by Pierre-Richard Agenor 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 2009-02-04 with Business & Economics categories.
Pierre-Richard Agenor's pioneering work on IntegratedMacroeconomics Models for Poverty Analysis (IMMPA) is cataloged forthe first time in this must-read volume. A class of dynamic computable general equilibrium models, IMMPAmodels are designed to analyze the impact of adjustment policies onunemployment and poverty in the developing world. Including bothpapers originally circulated through the World Bank, as well as newmaterial that places this important work in its larger context,Adjustment Policies, Poverty, and Unemployment details the historyand uses of these models to date, as well as pointing to futuredevelopments for their utilization.