Institutional Structure and Labor Market Outcomes PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Institutional Structure and Labor Market Outcomes PDF full book. Access full book title Institutional Structure and Labor Market Outcomes by Mr.Robert J. Flanagan. Download full books in PDF and EPUB format.
Author: Mr.Robert J. Flanagan
Publisher: International Monetary Fund
ISBN: 1451848366
Category : Business & Economics
Languages : en
Pages : 28
Get Book Here
Book Description
Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between institutional structure and labor market performance. After considering the suitability of research from market economies for the labor market problems faced by economies in transition from central planning, the paper considers the effects of alternative institutions for wage determination (collective bargaining structures and minimum wage and indexation legislation), employment security, income security, and active labor market policy.
Author: Mr.Robert J. Flanagan
Publisher: International Monetary Fund
ISBN: 1451848366
Category : Business & Economics
Languages : en
Pages : 28
Get Book Here
Book Description
Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between institutional structure and labor market performance. After considering the suitability of research from market economies for the labor market problems faced by economies in transition from central planning, the paper considers the effects of alternative institutions for wage determination (collective bargaining structures and minimum wage and indexation legislation), employment security, income security, and active labor market policy.
Author: John Enrico DiNardo
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 80
Get Book Here
Book Description
This paper presents a semiparametric procedure to analyze the effects of institutional and labor market factors on recent changes in the U.S. distribution of wages. The effects of these factors are estimated by applying kernel density methods to appropriately 'reweighted' samples. The procedure provides a visually clear representation of where in the density of wages these various factors exert the greatest impact. Using data from the Current Population Survey, we find, as in previous research, that de-unionization and supply and demand shocks were important factors in explaining the rise in wage inequality from 1979 to 1988. We find also compelling visual and quantitative evidence that the decline in the real value of the minimum wage explains a substantial proportion of this increase in wage inequality, particularly for women. We conclude that labor market institutions are as important as supply and demand considerations in explaining changes in the U.S. distribution of wages from 1979 to 1988.
Author: Agnes Soucat
Publisher: World Bank Publications
ISBN: 0821395580
Category : Business & Economics
Languages : en
Pages : 382
Get Book Here
Book Description
Sub-Saharan Africa has only 12 percent of the global population, yet this region accounts for 50 percent of child deaths, more than 60 percent of maternal deaths, 85 percent of malaria cases, and close to 67 percent of people living with HIV. Sub-Saharan Africa, however, has the lowest number of health workers in the world-significantly fewer than in South Asia, which is at a comparable level of economic development. The Labor Market for Health Workers in Africa uses the analytical tools of labor markets to examine the human resource crisis in health from an economic perspective. Africa's labor markets are complex, with resources coming from governments, donors, the private sector, and households. Low numbers of health workers and poor understanding of labor market dynamics are major impediments to improving health service delivery. Yet some countries in the region have developed innovative solutions with new approaches to creating a robust health workforce that can respond to the continent's health challenges. As Africa grows economically, the invaluable lessons in this book can help build tomorrow's African health systems.
Author: Klárá Fóti
Publisher: Routledge
ISBN: 1135777799
Category : Business & Economics
Languages : en
Pages : 247
Get Book Here
Book Description
Bringing together the work of economists and sociologists, this collection analyses how social institutions contribute to an understanding of development.
Author: Mr.Marcello M. Estevão
Publisher: International Monetary Fund
ISBN: 1451875649
Category : Business & Economics
Languages : en
Pages : 31
Get Book Here
Book Description
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
Author: Bob Hancké
Publisher: Oxford University Press on Demand
ISBN: 0199206481
Category : Business & Economics
Languages : en
Pages : 455
Get Book Here
Book Description
This edited work critically analyses developments in European Political Economy and their effects on the continental European economies. Leading political economists from Europe and the United States consider how the influential 'Varieties of Capitalism' approach can help us understand these challenges.
Author: Ms.Florence Jaumotte
Publisher: International Monetary Fund
ISBN: 1513526901
Category : Business & Economics
Languages : en
Pages : 32
Get Book Here
Book Description
The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with rising top earners’ income shares and less redistribution, while eroding minimum wages are related to increases in overall income inequality. The results, however, also suggest that a lack of representativeness of unions may be associated with higher inequality. These findings do not necessarily constitute a blanket recommendation for higher unionization and minimum wages, as country-specific circumstances and potential trade-offs with other policy objectives need to be considered. Addressing inequality also requires a multipronged approach, which should include taxation reform and curbing excesses associated with financial deregulation.
Author: Christopher J. Flinn
Publisher: MIT Press
ISBN: 0262288761
Category : Business & Economics
Languages : en
Pages : 321
Get Book Here
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.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264239537
Category :
Languages : en
Pages : 296
Get Book Here
Book Description
The OECD Employment Outlook 2015 reviews recent labour market trends and short-term prospects in OECD countries, looking at: recent labour market developments, especially around minimum wages; skills and wage inequality; activation policies and inclusive labour markets; and job quality.
Author: Ingrid H. Rima
Publisher: Routledge
ISBN: 1317466608
Category : Business & Economics
Languages : en
Pages : 458
Get Book Here
Book Description
This introductory text on labour economics covers topics such as: the shift in America from a manufacturing-based economy to a service economy; the changes in the economic conditions in the US; the implications of NAFTA and GATT; and the labour markets.
