How to Distinguish Voluntary from Involuntary Unemployment

How to Distinguish Voluntary from Involuntary Unemployment PDF Author: Adrian Chadi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Studies investigating the determinants of happiness show that unemployment causes high distress for most affected persons. Researchers conclude that the amount of this disutility demonstrates the involuntariness of unemployment. This paper applies the happiness research approach to German panel data in order to revive the underlying economic question of whether unemployment is voluntary or involuntary. Accordingly, the decline in life satisfaction associated with unemployment is related to the willingness to work. The results of the econometric investigation indicate a very strong connection between unemployment-induced disutility and willingness to work, so that it is possible to divide unemployed individuals into certain categories, according to the potential voluntariness of unemployment. While there is a minority which can truly be regarded as voluntarily unemployed, most unemployed people actively search for work and suffer far more from unemployment than indicated by previous happiness research studies. A subsequent discussion includes a critical juxtaposition of the findings with policies such as the recent German labour market reforms.

How to Distinguish Voluntary from Involuntary Unemployment

How to Distinguish Voluntary from Involuntary Unemployment PDF Author: Adrian Chadi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Studies investigating the determinants of happiness show that unemployment causes high distress for most affected persons. Researchers conclude that the amount of this disutility demonstrates the involuntariness of unemployment. This paper applies the happiness research approach to German panel data in order to revive the underlying economic question of whether unemployment is voluntary or involuntary. Accordingly, the decline in life satisfaction associated with unemployment is related to the willingness to work. The results of the econometric investigation indicate a very strong connection between unemployment-induced disutility and willingness to work, so that it is possible to divide unemployed individuals into certain categories, according to the potential voluntariness of unemployment. While there is a minority which can truly be regarded as voluntarily unemployed, most unemployed people actively search for work and suffer far more from unemployment than indicated by previous happiness research studies. A subsequent discussion includes a critical juxtaposition of the findings with policies such as the recent German labour market reforms.

Voluntary and Involuntary Unemployment

Voluntary and Involuntary Unemployment PDF Author: Martin R. Gainsbrugh
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Voluntary and Involuntary Unemployment

Voluntary and Involuntary Unemployment PDF Author: National Industrial Conference Board
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 52

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Book Description


Optimal Workfare with Voluntary and Involuntary Unemployment

Optimal Workfare with Voluntary and Involuntary Unemployment PDF Author: Claus Thustrup Kreiner
Publisher:
ISBN:
Category :
Languages : en
Pages : 17

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Book Description


The Concept and Measurement of Involuntary Unemployment

The Concept and Measurement of Involuntary Unemployment PDF Author: G.D.N. Worswick
Publisher: Taylor & Francis
ISBN: 1040103022
Category : Political Science
Languages : en
Pages : 328

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Book Description
Originally published in 1976, the 14 papers in this collection discuss the history and significance of the concept of 'involuntary unemployment’, particularly as seen from a Keynesian perspective. The micro-economic foundations of employment and job-search theory and the measurement and the significance of employment statistics are also examined. Later sections consider aspects of unemployment as economic indicators and the relationship between unemployment and vacancies, as well as the social aspects of unemployment. A final chapter considers employment policies during the 20th century in the light of managing the economy.

On Interpreting Keynes

On Interpreting Keynes PDF Author: Bruce Littleboy
Publisher: Routledge
ISBN: 1134949510
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis.

Involuntary Unemployment

Involuntary Unemployment PDF Author: Michel de Vroey
Publisher: Psychology Press
ISBN: 0415407109
Category : Employment (Economic theory)
Languages : en
Pages : 315

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Book Description
This book tackles the issue of involuntary employment, examining the issue in the light of Keynesian and Post-Keynesian theory.

Foundations of Economics

Foundations of Economics PDF Author: Andrew Gillespie
Publisher: Oxford University Press, USA
ISBN: 0199586543
Category : Business & Economics
Languages : en
Pages : 589

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Book Description
Assuming no prior knowledge, the second edition of Foundations of Economics introduces students to both microeconomic and macroeconomic principles. This is the ideal text for foundation degrees and non-specialist courses for first year undergraduates.

The Impact of Social Policy

The Impact of Social Policy PDF Author: Victor George
Publisher: Taylor & Francis
ISBN: 1000876446
Category : Social Science
Languages : en
Pages : 189

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Book Description
First published in 1984, The Impact of Social Policy analyses and evaluates the effects of social policy on British society in the post-war period. The focus is on the consequences of social policy and the authors differentiate clearly between the objectives of social policy and what it actually achieves. What governments and individuals claim that social policy does, and what happens in practice, are not always one and the same thing. George and Wilding examine the impact of social policy in a coherent and logical way, looking at the social, the economic and the political aspects. They conclude that social services are conducive to economic growth, and that they are an important instrument for enhancing social well-being although they do not reduce socio-economic inequalities to any substantial degree. They also point out that although social services buttress political stability, they have not prevented a political crisis in the welfare state. This book will be of interest to students of sociology, public policy, political science, and economics.

Problems of Economic Policy (Routledge Revivals)

Problems of Economic Policy (Routledge Revivals) PDF Author: Keith Hartley
Publisher: Routledge
ISBN: 1136832440
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
First published in 1977, this is an applied economics text, in which the basic theory of any introductory economics couurse is applied to a whole range of UK macro- and micro-economic policy issues. The book is designed specifically for first and second year university students, with the aim of demonstrating the relevance of theory to policy, how theory can be applied to policy problems and, in the process, to improve their understanding of the theory itself.