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Author: S. J. Nickell
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
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Book Description
Author: S. J. Nickell
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
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Book Description
Author: Simon M. Burgess
Publisher:
ISBN: 9780753012666
Category : Labor mobility
Languages : en
Pages : 27
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Book Description
Author: Carlos García Serrano
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Author: Carlos Garcia Serrano
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Author: Carlos García Serrano
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Author: Jan Rutkowski
Publisher: World Bank Publications
ISBN:
Category : Empleo - Lituania
Languages : en
Pages : 92
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Book Description
Lithuania is a transition economy undergoing rapid enterprise restructuring associated with substantial job turnover. At the same time, unemployment in Lithuania is high and of long duration. This presents a puzzle: high job turnover epitomizes labor market flexibility, while high unemployment indicates labor market rigidities. What are the reasons behind this paradox? Why do the unemployed not benefit from job opportunities created by high job turnover, which entails high rates of job creation and hiring? To answer this question, the author looks at three perspectives on labor market flexibility: 1) The macroeconomic perspective-A flexible labor market is one that facilitates full use and efficient allocation of labor resources. 2) The worker perspective-A flexible labor market means ease in finding a job paying a wage adequate to the worker's effort and skills. 3) The employer perspective-A flexible labor market does not unduly constrain the employer's ability to adjust employment and wages to changing market conditions. The author looks at all three dimensions of labor market flexibility by analyzing job reallocation, worker transitions across labor force states, wage distribution, and regulatory constraints faced by employers. He focuses on the issue of job creation and job destruction, using micro level data on all registered firms. He finds that flexibility in one dimension can concur with rigidities in the other. Specifically, employers in Lithuania have a substantial degree of flexibility with employment adjustment coupled with limited flexibility to wage adjustment due to a high statutory minimum wage. The relatively rigid wage structure locks low productivity workers who are preponderant among the unemployed. The low-skilled long-term unemployed have become marginalized and unable to successfully compete for available jobs, while the high job turnover is accounted for largely by job-to-job transitions. As a result, a dynamic labor market coincides with a stagnant unemployment pool.
Author: John Haltiwanger
Publisher: University of Chicago Press
ISBN: 0226314596
Category : Business & Economics
Languages : en
Pages : 494
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Book Description
Rapidly changing technology, the globalization of markets, and the declining role of unions are just some of the factors that have led to dramatic changes in working conditions in the United States. Little attention has been paid to the difficult measurement problems underlying analysis of the labor market. Labor Statistics Measurement Issues helps to fill this gap by exploring key theoretical and practical issues in the measurement of employment, wages, and workplace practices. Some of the chapters in this volume explore the conceptual issues of what is needed, what is known, or what can be learned from existing data, and what needs have not been met by available data sources. Others make innovative uses of existing data to analyze these topics. Also included are papers examining how answers to important questions are affected by alternative measures used and how these can be reconciled. This important and useful book will find a large audience among labor economists and consumers of labor statistics.
Author: Simon M. Burgess
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 44
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Book Description
Author: Christian Belzil
Publisher:
ISBN:
Category : Employment
Languages : en
Pages : 44
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Book Description
Author: Giuseppe Bertola
Publisher:
ISBN:
Category : Employees
Languages : en
Pages : 40
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Book Description
Despite stringent dismissal restrictions in most European countries, rates of job creation and destruction are remarkably similar across European and North American labor markets. This paper shows that relative-wage compression is conducive to higher employer-initiated job turnover, and argues that wagesetting institutions and job-security provisions differ across countries in ways that are both consistent with rough uniformity of job turnover statistics and readily explained by intuitive theoretical considerations. When viewed as a component of the mix of institutional differences in Europe and North America, European dismissal restrictions are essential to a proper interpretation of both similar patterns in job turnover and marked differences in unemployment flows.
