The Demand for Labor by Firms and the Phillips Curve Phenomenon

The Demand for Labor by Firms and the Phillips Curve Phenomenon PDF Author: Laurence D. Booth
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 46

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The Demand for Labor by Firms and the Phillips Curve Phenomenon

The Demand for Labor by Firms and the Phillips Curve Phenomenon PDF Author: Laurence D. Booth
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 46

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Book Description


The Phillips Curve and Labor Markets

The Phillips Curve and Labor Markets PDF Author: Karl Brunner
Publisher: North-Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Working in the Macro Economy

Working in the Macro Economy PDF Author: Martin F. J. Prachowny
Publisher: Routledge
ISBN: 1134824645
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
Labour economics have received less attention in macroeconomics despite the fact that involuntary unemployment is a pressing policy issue. Here the imbalance is redressed by focusing on labour-demand and labour-supply relationships.

Labor Theory

Labor Theory PDF Author: Richard Perlman
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 266

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Book Description
Analysis of new applications of economic theory in the solution of work problems - incorporates such topics as negative taxation, seasonal unemployment and wages productivity adjustments within the classical elements of labour supply and demand, wage structure and unemployment, etc. References and summaries.

Labor Markets in a Global Economy

Labor Markets in a Global Economy PDF Author: Ingrid Hahne Rima
Publisher: Routledge
ISBN:
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
Rima (economics, Temple U.) departs from the convention of defining labor economics chiefly in micro-analytical terms, instead examining supply and demand without relying on the presumption that the two are invariably brought into balance through market-clearing changes in wage rates. The volume's 19 chapters are divided into sections covering the macro- and micro-economic aspects of labor-market behavior and outcomes, the wage structure and the level of wages and prices, and labor policy issues. For undergraduate level students. Paper edition (unseen), $24.95. Annotation copyright by Book News, Inc., Portland, OR

The Great Inflation

The Great Inflation PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Inflation Expectations

Inflation Expectations PDF Author: Peter J. N. Sinclair
Publisher: Routledge
ISBN: 1135179778
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.

The Unemployment Inflation Tradeoff

The Unemployment Inflation Tradeoff PDF Author: John Rutledge
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 134

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Unemployment, Hysteresis, and the Natural Rate Hypothesis

Unemployment, Hysteresis, and the Natural Rate Hypothesis PDF Author: Rod Cross
Publisher: Wiley-Blackwell
ISBN: 9780631156888
Category : Business & Economics
Languages : en
Pages : 416

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The Wage Curve

The Wage Curve PDF Author: David G. Blanchflower
Publisher: MIT Press
ISBN: 9780262023757
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.