Author: Samuel Bentolila
Publisher:
ISBN:
Category : Adjustment costs
Languages : en
Pages : 46
Book Description
A Model of Labour Demand with Linear Adjustment Costs
Author: Samuel Bentolila
Publisher:
ISBN:
Category : Adjustment costs
Languages : en
Pages : 46
Book Description
Publisher:
ISBN:
Category : Adjustment costs
Languages : en
Pages : 46
Book Description
The Labor Market and Economic Adjustment
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98
Book Description
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.
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98
Book Description
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.
Demand for Labor
Author: Daniel S. Hamermesh
Publisher: Oxford University Press
ISBN: 0198791372
Category : Business & Economics
Languages : en
Pages : 462
Book Description
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.
Publisher: Oxford University Press
ISBN: 0198791372
Category : Business & Economics
Languages : en
Pages : 462
Book Description
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.
Globalisation and Labour Market Adjustment
Author: D. Greenaway
Publisher: Springer
ISBN: 0230582389
Category : Business & Economics
Languages : en
Pages : 227
Book Description
Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.
Publisher: Springer
ISBN: 0230582389
Category : Business & Economics
Languages : en
Pages : 227
Book Description
Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.
Labor Demand
Author: Daniel S. Hamermesh
Publisher: Princeton University Press
ISBN: 9780691025872
Category : Business & Economics
Languages : en
Pages : 466
Book Description
In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.
Publisher: Princeton University Press
ISBN: 9780691025872
Category : Business & Economics
Languages : en
Pages : 466
Book Description
In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.
Labor Markets in an Era of Adjustment: Issues papers
Author: Susan Horton
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 404
Book Description
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 404
Book Description
Dynamic Labor Demand and Adjustment Costs
Author: Giorgio Galeazzi
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 392
Book Description
Comprises a collection of essays by various authors on the subject of labour demand and adjusted labour costs which were previously published between 1962 and 1990.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 392
Book Description
Comprises a collection of essays by various authors on the subject of labour demand and adjusted labour costs which were previously published between 1962 and 1990.
Adjusting Labour Demand
Author: Daniele Checchi
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 30
Book Description
Argues that although multinational enterprises create and destroy jobs faster than national ones, they adjust more smoothly to shocks affecting their labour demands. Develops an econometric model for the assessment of adjustment costs and wage elasticities. Concludes that it is unlikely that labour market regulations scare away foreign direct investment.
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 30
Book Description
Argues that although multinational enterprises create and destroy jobs faster than national ones, they adjust more smoothly to shocks affecting their labour demands. Develops an econometric model for the assessment of adjustment costs and wage elasticities. Concludes that it is unlikely that labour market regulations scare away foreign direct investment.
Labour Market Adjustments in Europe
Author: Julian Messina
Publisher: Edward Elgar Publishing
ISBN: 184542896X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
. . . the book is an interesting contribution to the literature on labour market practices in Europe. The important statistics and analysis conducted by the authors in the book have important implications for scholars in the international entrepreneurship field wanting to know more about the diverse labour practices in Europe. Vanessa Ratten, Journal of International Entrepreneurship It is now widely accepted that expansionary fiscal or monetary policies alone are unlikely to help Europe s ailing economies. Solving Europe s economic problems requires reform of the economic institutions that influence economic activity and the way the economy responds to macroeconomic shocks. This volume employs novel approaches to the study of some of these institutions. The group of contributors in this book come from academia and international organizations in Europe and the USA. They focus on trade unions, which affect real-wage flexibility and the provision of training to workers. They also concentrate on employment protection legislation, which discourages firms from firing old workers and also from hiring new ones. The structure of housing market imperfections that can greatly affect regional mobility is also discussed. Labour economists and scholars of European studies, as well as economic policymakers, will read Labour Market Adjustments in Europe with great interest.
Publisher: Edward Elgar Publishing
ISBN: 184542896X
Category : Business & Economics
Languages : en
Pages : 259
Book Description
. . . the book is an interesting contribution to the literature on labour market practices in Europe. The important statistics and analysis conducted by the authors in the book have important implications for scholars in the international entrepreneurship field wanting to know more about the diverse labour practices in Europe. Vanessa Ratten, Journal of International Entrepreneurship It is now widely accepted that expansionary fiscal or monetary policies alone are unlikely to help Europe s ailing economies. Solving Europe s economic problems requires reform of the economic institutions that influence economic activity and the way the economy responds to macroeconomic shocks. This volume employs novel approaches to the study of some of these institutions. The group of contributors in this book come from academia and international organizations in Europe and the USA. They focus on trade unions, which affect real-wage flexibility and the provision of training to workers. They also concentrate on employment protection legislation, which discourages firms from firing old workers and also from hiring new ones. The structure of housing market imperfections that can greatly affect regional mobility is also discussed. Labour economists and scholars of European studies, as well as economic policymakers, will read Labour Market Adjustments in Europe with great interest.
Regional Labor Market Adjustments in the United States
Author: Mai Dao
Publisher: International Monetary Fund
ISBN: 1498302718
Category : Business & Economics
Languages : en
Pages : 51
Book Description
We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing.
Publisher: International Monetary Fund
ISBN: 1498302718
Category : Business & Economics
Languages : en
Pages : 51
Book Description
We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing.