Labor Economics: Problems in Analyzing Labor Markets

Labor Economics: Problems in Analyzing Labor Markets PDF Author: William A. Darity, Jr.
Publisher: Springer Science & Business Media
ISBN: 940112938X
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
William Darity, Jr. In 1984 the Kluwer series in Modern Economic Thought, under the editorial direction of Warren Samuels, brought out a book under my editorship entitled Labor Economics: Modern Views. It consisted of a series of essays and commentaries that sought, in a critical fashion, to assess the state of the art in the field of labor economics with respect to several themes. These included methodology versus practice, the analysis of discrimination by gender and race, the phenomenon of persistent racial differences in un employment exposure, occupational safety and health regulation, dual versus segmented labor markets, and the remnants of the Phillips curve trade-off between unemployment and inflation. Nearly a decade later I was approached by Warren Samuels and Kluwer about editing a new book that would again address where things stand in labor economics. In proceeding with the development of this current book I was a struck by the extent to which the research thrust that was apparent in the early 1980s remains intact as we move toward the 21st century. The vast majority of scholarship in the labor subfield is dominated by the methodological orientation of applied neoclassical microeconomics, supplemented by incursions from the themes that occupy the so-called "pure theorists," particularly of the game theoretic variety.

Long-term Contracts and Equilibrium Models of the Labor Market

Long-term Contracts and Equilibrium Models of the Labor Market PDF Author: Paul Beaudry
Publisher:
ISBN:
Category : Employment (Economic theory)
Languages : en
Pages : 40

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Book Description


Labor Markets and Business Cycles

Labor Markets and Business Cycles PDF Author: Robert Shimer
Publisher: Princeton University Press
ISBN: 1400835232
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.

Studies in Labor Markets

Studies in Labor Markets PDF Author: Sherwin Rosen
Publisher: University of Chicago Press
ISBN: 0226726304
Category : Political Science
Languages : en
Pages : 408

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Book Description
The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.

Handbook of Econometrics

Handbook of Econometrics PDF Author: J.J. Heckman
Publisher: Elsevier
ISBN: 0080524796
Category : Business & Economics
Languages : en
Pages : 737

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Book Description
The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent developments at a level suitable for professional use by economists, econometricians, statisticians, and in advanced graduate econometrics courses. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Festschrift in Honor of Peter Schmidt

Festschrift in Honor of Peter Schmidt PDF Author: Robin C. Sickles
Publisher: Springer Science & Business Media
ISBN: 1489980083
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
From the Introduction: This volume is dedicated to the remarkable career of Professor Peter Schmidt and the role he has played in mentoring us, his PhD students. Peter’s accomplishments are legendary among his students and the profession. Each of the papers in this Festschrift is a research work executed by a former PhD student of Peter’s, from his days at the University of North Carolina at Chapel Hill to his time at Michigan State University. Most of the papers were presented at The Conference in Honor of Peter Schmidt, June 30 - July 2, 2011. The conference was largely attended by his former students and one current student, who traveled from as far as Europe and Asia to honor Peter. This was a conference to celebrate Peter’s contribution to our contributions. By “our contributions” we mean the research papers that make up this Festschrift and the countless other publications by his students represented and not represented in this volume. Peter’s students may have their families to thank for much that is positive in their lives. However, if we think about it, our professional lives would not be the same without the lessons and the approaches to decision making that we learned from Peter. We spent our days together at Peter’s conference and the months since reminded of these aspects of our personalities and life goals that were enhanced, fostered, and nurtured by the very singular experiences we have had as Peter’s students. We recognized in 2011 that it was unlikely we would all be together again to celebrate such a wonderful moment in ours and Peter’s lives and pledged then to take full advantage of it. We did then, and we are now in the form of this volume.

Rethinking Labor Supply

Rethinking Labor Supply PDF Author: Andrew J. Oswald
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 56

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Bibliography of Law and Economics

Bibliography of Law and Economics PDF Author: B. Bouckaert
Publisher: Springer Science & Business Media
ISBN: 9401708932
Category : Law
Languages : en
Pages : 672

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Book Description
Law and economics can be considered as the most exciting development in legal scholarship in recent decades. This volume is the first all-encompassing bibliography in this area. It lists approximately 7000 publications, covering the whole area of law and economics, including `old' law and economics (topics such as antitrust law, labor law, tax law, social security, economic regulation, etc.) as well as `new' law and economics with such topics as tort law, contract law, family law, procedure, criminal law, etc.). The volume also includes the literature on the philosophical foundations and the fundamental concepts of the approach. Part Two gives a special survey of law and economics publications in Europe, written in other languages than English. The Bibliography of Law and Economics is an invaluable reference work for students, scholars, lawyers, economists and other people interested in this field.

Labor Economics

Labor Economics PDF Author: Orley Ashenfelter
Publisher: Edward Elgar Publishing
ISBN: 9781852782078
Category : Business & Economics
Languages : en
Pages : 462

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Book Description
This four-volume set deals with labour economics. It is part of the Elgar series entitled The International Library of Critical Writings in Economics. It contains 80 articles, dating from 1958 to 1992.

Procyclical Markups, Business Cycles and the Labor Market

Procyclical Markups, Business Cycles and the Labor Market PDF Author: Patrick F. Kennedy
Publisher:
ISBN:
Category :
Languages : en
Pages : 254

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Book Description