Monopsonistic Labour Markets and the Gender Pay Gap

Monopsonistic Labour Markets and the Gender Pay Gap PDF Author: Boris Hirsch
Publisher: Springer Science & Business Media
ISBN: 3642104096
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
This book investigates models of spatial and dynamic monopsony and their application to the persistent empirical regularity of the gender pay gap.

Monopsonistic Labour Markets and the Gender Pay Gap

Monopsonistic Labour Markets and the Gender Pay Gap PDF Author: Boris Hirsch
Publisher: Springer Science & Business Media
ISBN: 3642104096
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
This book investigates models of spatial and dynamic monopsony and their application to the persistent empirical regularity of the gender pay gap.

Structural Models of Wage and Employment Dynamics

Structural Models of Wage and Employment Dynamics PDF Author: Henning Bunzel
Publisher: Emerald Group Publishing
ISBN: 0444520899
Category : Business & Economics
Languages : en
Pages : 613

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Book Description
Selected papers from a conference held in honour of Professor Dale T. Mortensen upon the occasion of his 65th birthday. It includes papers on some of Professor Dale T. Mortensen's current research topics, as well as additional theoretical papers, and micro- and macro-econometric papers.

Wage Dispersion

Wage Dispersion PDF Author: Dale Mortensen
Publisher: MIT Press
ISBN: 9780262633192
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
A theoretical and empirical examination of wage differentials findsthat traditional theories of competition do not explain why workers with identical skills are paid differently.

Job Matching, Wage Dispersion, and Unemployment

Job Matching, Wage Dispersion, and Unemployment PDF Author: Dale T. Mortensen
Publisher: Oxford University Press, USA
ISBN: 0199233780
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
A selection of key papers from the winners of the Nobel Memorial Prize 2010. It features their most important work on unemployment, labour market dynamics, and the equilibrium search model.

Essays on simultaneous search equilibrium

Essays on simultaneous search equilibrium PDF Author: Ronald Paul Wolthoff
Publisher: Rozenberg Publishers
ISBN: 9051709285
Category :
Languages : en
Pages : 195

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Book Description


Search Theory and Unemployment

Search Theory and Unemployment PDF Author: Stephen A. Woodbury
Publisher: Springer Science & Business Media
ISBN: 9401002355
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a clear and authoritative survey of econometric methods that have been developed to estimate models of job search, as well as two lucid contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.

Industry And Labor Dynamics: The Agent-based Computational Economics Approach - Proceedings Of The Wild@ace 2003 Workshop

Industry And Labor Dynamics: The Agent-based Computational Economics Approach - Proceedings Of The Wild@ace 2003 Workshop PDF Author: Matteo Richiardi
Publisher: World Scientific
ISBN: 981448136X
Category : Business & Economics
Languages : en
Pages : 431

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Book Description
This book presents the contributions to the first Wild@Ace conference. The acronym stands for “Workshop on Industrial and Labor Dynamics — The Agent-Based Computational Aproach”, and it has been the first event ever focusing on the very promising use of the agent-based simulation approach for investigation of labor economics and industrial organization issues.Agent-based models are computer models in which a multitude of agents — each embodied in a specific software code — interact. These agents can represent individuals households, firms, institutions, etc. Moreover, “special” agents can be added to observe and monitor individual and collective behavior. One of the main purpose of writing an ACE model is to gain intuitions on the two-way feedback between the microstructure and the macrostructure of a phenomenon of interest. How is it that simple aggregate regularities may arise from individual disorder? Or that a nice structure at an individual level may lead to a complete absence of regularity in the aggregate? How is it that the complex interaction of very simple individuals may lead to surprisingly complicated aggregate dynamics? Or that sophisticated agents may be unable to organize themselves in any interesting way?The book includes contributions by some of the most distinguished researchers in the field, such as the economists Alan Kirman, Giovanni Dosi, Leigh Tesfatsion and Mauro Gallegati, and the sociologist Nigel Gilbert.

Industry and Labor Dynamics

Industry and Labor Dynamics PDF Author: Roberto Leombruni
Publisher: World Scientific
ISBN: 9812561005
Category : Business & Economics
Languages : en
Pages : 431

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Book Description
This book presents the contributions to the first Wild@Ace conference. The acronym stands for ?Workshop on Industrial and Labor Dynamics ? The Agent-Based Computational Aproach?, and it has been the first event ever focusing on the very promising use of the agent-based simulation approach for investigation of labor economics and industrial organization issues.Agent-based models are computer models in which a multitude of agents ? each embodied in a specific software code ? interact. These agents can represent individuals households, firms, institutions, etc. Moreover, ?special? agents can be added to observe and monitor individual and collective behavior. One of the main purpose of writing an ACE model is to gain intuitions on the two-way feedback between the microstructure and the macrostructure of a phenomenon of interest. How is it that simple aggregate regularities may arise from individual disorder? Or that a nice structure at an individual level may lead to a complete absence of regularity in the aggregate? How is it that the complex interaction of very simple individuals may lead to surprisingly complicated aggregate dynamics? Or that sophisticated agents may be unable to organize themselves in any interesting way?The book includes contributions by some of the most distinguished researchers in the field, such as the economists Alan Kirman, Giovanni Dosi, Leigh Tesfatsion and Mauro Gallegati, and the sociologist Nigel Gilbert.

Wage Inequality in Latin America

Wage Inequality in Latin America PDF Author: Julián Messina
Publisher: World Bank Publications
ISBN: 1464810400
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and policy perspectives. The answer to the fi rst question can be broken down into several parts, although the bottom line is that the changes in wage inequality resulted from a combination of three forces: (a) education expansion and its eff ect on falling returns to skill (the supply-side story); (b) shifts in aggregate domestic demand; and (c) exchange rate appreciation from the commodity boom and the associated shift to the nontradable sector that changed interfi rm wage diff erences. Other forces had a non-negligible but secondary role in some countries, while they were not present in others. These include the rapid increase of the minimum wage and a rapid trend toward formalization of employment, which played a supporting role but only during the boom. Understanding the forces behind recent trends also helps to shed light on the second question. The analysis in this volume suggests that the economic slowdown is putting the brakes on the reduction of inequality in Latin America and will likely continue to do so—but it might not actually reverse the region’s movement toward less wage inequality.

The Minimum Wage and Labor Market Outcomes

The Minimum Wage and Labor Market Outcomes PDF Author: Christopher J. Flinn
Publisher: MIT Press
ISBN: 0262288761
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.