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Author: Mark Edward Schweitzer
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 4
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Book Description
Author: Mark Edward Schweitzer
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 4
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Book Description
Author: James Patrick DeNicco
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 252
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Book Description
In this dissertation I focus on the topic of jobless recovery, which explores the speed of recovery in unemployment rates post-recession, controlling for GDP growth. Chapter one furthers the empirical studies on the time series properties of the United States unemployment rate. Using vector auto regression models and controlling for changes in GDP, the unemployment rate and changes in the unemployment rate, I find structural breaks in 1959 and 1984 indicating that following a recession, the rate of decrease in the unemployment rate significantly slowed over time. Chapter one substantiates the phenomenon of jobless recovery in the United States and uses the timing of the structural breaks to review the possible causes and related theory, including industry composition, participation rates, entitlements and labor laws. Chapter two uses a representative, forward looking firm in capital and labor decisions to introduce separation costs into a discrete, dynamic, efficiency wage model in order to determine the effect of separation costs on both steady state unemployment rates and the hiring process following a negative productivity shock. I find higher separation costs cause higher steady states rates of unemployment and sclerosis of labor dynamics both in separations and hires following a recession. These findings provide a better understanding of the dynamics of post recession unemployment rates and show how firing costs may contribute to jobless recovery. In Chapter three, I study the effects on jobless recovery of diminishing the power of an employer to fire an employee through Employment-At-Will Exceptions (EWEs). I do so by using a dynamic panel with quarterly data ranging from 1976 to 2010 for the 50 states in the United States. I test both changes in state unemployment rates and state-weighted GDP growth in single variable regressions and VAR regressions. My contribution to the literature is threefold. First, I show two of the three EWEs contribute significantly to jobless recovery in the U.S. Second, I lend support to the predictions of theory that increased firing costs decrease the rate of hiring during recoveries. Third, I resolve differences in the various sources documenting the three types of EWEs in different states.
Author: Michael A. Pagano
Publisher: University of Illinois Press
ISBN: 0252050150
Category : Political Science
Languages : en
Pages : 179
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Book Description
The new volume in the Urban Agenda series addresses the challenges shaping the development of human capital in metropolitan regions. The articles, products of the 2016 Urban Forum at the University of Illinois at Chicago, engage with the overarching idea that a dynamic metropolitan economy needs a diverse, trained, and available workforce that can adapt to the needs of commerce, industry, government, and the service sector. Authors explore provocative issues like the jobless recovery, migration and immigration, K-12 education preparedness, the urban-oriented gig economy, postsecondary workforce training, and the recruitment and professional development of millennials. Contributors: Xochitl Bada, John Bragelman, Laura Dresser, Rudy Faust, Beth Gutelius, Brad Harrington, Gregory V. Larnell, Twyla T. Blackmond Larnell, and Nik Theodore.
Author: Dimitri B. Papadimitriou
Publisher:
ISBN:
Category :
Languages : en
Pages : 19
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Book Description
Author: Mr.Cristiano Cantore
Publisher: International Monetary Fund
ISBN: 1475595891
Category : Business & Economics
Languages : en
Pages : 53
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Book Description
We analyse the effects of a government spending expansion in a DSGE model with Mortensen-Pissarides labour market frictions, deep habits in private and public consumption, investment adjustment costs, a constant-elasticity-of-substitution (CES) production function, and adjustments in employment both at the intensive as well as the extensive margin. The combination of deep habits and CES technology is crucial. The presence of deep habits magnifies the responses of macroeconomic variables to a fiscal stimulus, while an elasticity of substitution between capital and labour in the range of available estimates allows the model to produce a scenario compatible with the observed jobless recovery.
Author: William N. Spencer
Publisher: Xlibris Corporation
ISBN: 1493166301
Category : Self-Help
Languages : en
Pages : 173
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Book Description
While government vote buyers continue to rant and rave, scream and yell about all kinds of current politically correct or politically incorrect discrimination in the business and corporate world, these very same politicos totally ignore the real government created discrimination practiced every day, that of the inferior education provided by most public school systems throughout every city and state in America. The business of businessis business. It is also often stated that any action undertaken or performed by a corporation that does not make the maximum amount of profit for that corporation, is a crime committed against the businesss owners/stockholders. We have now had five years of a micro-managing, over-controlling federal government whos only stated goal is: To put every American business out of business, and every American worker out of work. Good Job Guys!
Author: Stanley Aronowitz
Publisher: Temple University Press
ISBN: 1592131387
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
Americans have always believed that economic growth leads to job growth. In this groundbreaking analysis, Stanley Aronowitz argues that this is no longer true. Just Around the Corner examines the state of the American economy as planned by Democrats and Republicans over the last thirty years. Aronowitz finds that economic growth has become "delinked" from job creation, and that unemployment and underemployment are a permanent condition of our economy. He traces the historical roots of this state of affairs and sees under the surface of booms and busts a continuum of economic austerity that creates financial windfalls for the rich at the expense of most Americans. Aronowitz also explores the cultural and political processes by which we have come to describe and accept economics in the United States. He concludes by presenting a concrete plan of action that would guarantee employment and living wages for all Americans. With both measured analysis and persuasive reasoning, Just Around the Corner provides an indispensable guide to our current economic predicament and a bold challenge to economists and policymakers.
Author:
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 196
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Book Description
Author: Steven A. Camarota
Publisher: DIANE Publishing
ISBN: 1437907229
Category : Social Science
Languages : en
Pages : 16
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Book Description
The recovery from the recession of 2001 has been described as ¿jobless.¿ In fact, an analysis of data shows that between March of 2000 and March of 2004, the number of adults working actually increased, but all of the net change went to immigrant workers. The number of adult immigrants (18 years of age and older) holding a job increased by over two million between 2000 and 2004, while the number of adult natives holding a job is nearly half a million fewer. This study also finds that the number of adult natives who are unemployed or who have withdrawn from the labor force is dramatically higher in 2004 than it was in 2000. These findings raise the possibility that immigration has adversely affected the job prospects of native-born Americans. Tables.
Author: Robert Leahy
Publisher: Behler Publications, LLC
ISBN: 1933016620
Category : Self-Help
Languages : en
Pages : 290
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Book Description
A self-help book to help the unemployed and their families cope more effectively during a time when they feel helpless.
