The Wage Curve in the Nordic Countries

The Wage Curve in the Nordic Countries PDF Author:
Publisher: Nordic Council of Ministers
ISBN: 9789289303972
Category : Unemployment
Languages : en
Pages : 76

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Book Description
Engelsk tekst. 109 s., hf., 1999. (TemaNord 1999 ; 597)

The Wage Curve in the Nordic Countries

The Wage Curve in the Nordic Countries PDF Author:
Publisher: Nordic Council of Ministers
ISBN: 9789289303972
Category : Unemployment
Languages : en
Pages : 76

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Book Description
Engelsk tekst. 109 s., hf., 1999. (TemaNord 1999 ; 597)

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.

Worker Well-Being

Worker Well-Being PDF Author: Solomon W. Polachek
Publisher: Gulf Professional Publishing
ISBN: 9780762306930
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
How do technology, public works projects, mental health, race, gender, mobility, retirement benefits, and macroeconomic policies affect worker well-being? This volume contains fourteen original chapters utilizing the latest econometric techniques to answer this question. The findings include the following: technology gains explain over half the decline in U.S. unemployment and over two-thirds the reduction in U.S. inflation; universal health coverage would reduce U.S. labor force participation by 3.3 per cent; blacks respond to regional rather than national changes in schooling rates of return, perhaps implying a more local labor market for blacks than whites; employee motivation enhances labor force participation, on-the-job training, job satisfaction and earnings; male and female promotion and quit rates are comparable once one controls for individual and job characteristics; public works programs designed to increase a worker's skills do not always increase reemployment; and, U.S. pension wealth increased about 20 per cent - 25 per cent over the last two decades.

Viking Economics

Viking Economics PDF Author: George Lakey
Publisher: Melville House
ISBN: 1612195377
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
Liberals worldwide invoke Scandinavia as a promised land of equality, while most conservatives fear it as a hotbed of liberty-threatening socialism. But the left and right can usually agree on one thing: that the Nordic system is impossible to replicate elsewhere. The US and UK are too big, or too individualistic, or too . . . something. In Viking Economics George Lakey dispels these myths. He explores the inner workings of the Nordic economies that boast the world’s happiest, most productive workers, and explains how we can enact some of the changes—including universal healthcare, affordable childcare, and a month of paid vacation for all—that the Scandinavians fought for surprisingly recently. We, too, can refuse to be governed by the elites and embrace equality in our economic policy—here’s how.

The European Labour Market

The European Labour Market PDF Author: Floro Ernesto Caroleo
Publisher: Springer Science & Business Media
ISBN: 3790816809
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
This book brings together up-to-date findings on the regional dimensions of European labour markets. It provides a conceptual and empirical study of the interactions between the European economy and its regions, paying particular attention to the issue of the transition of Central and Eastern European countries to a market economy. The topics analysed include: the structure of the shocks affecting employment (regional, industrial, national), the relationships between labour market efficiency and the regional distribution of unemployment, wage flexibility in EU member countries or in their regions and the role of active labour market policies in affecting the regional distribution of employment and unemployment.

Flexibility in the Nordic Labour Market

Flexibility in the Nordic Labour Market PDF Author: Nordic Council of Ministers
Publisher: Nordic Council of Ministers
ISBN: 9789289302579
Category : Employment stabilization
Languages : en
Pages : 224

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Book Description


Metropolitan Regions

Metropolitan Regions PDF Author: Johan Klaesson
Publisher: Springer Science & Business Media
ISBN: 3642321410
Category : Business & Economics
Languages : en
Pages : 514

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Book Description
Metropolitan growth has been dramatic in the past several decades, and today metropolitan regions are recognized as the main driving forces in national growth and development as well as in national and global innovation processes. The purpose of this book is to contribute to a better understanding of how metropolitan regions and their subsystems interact and compete, why they differ in their capacity to nurture innovation and growth, and how metropolitan policies must be designed to secure the region’s long-term vitality. To that end, it presents new contributions on theories of urban growth, institutions and policies of urban change, and case studies of urban growth prepared by international experts.

Do Active Labor Market Policies Increase Employment?

Do Active Labor Market Policies Increase Employment? PDF Author: Mr.Marcello M. Estevão
Publisher: International Monetary Fund
ISBN: 1451875649
Category : Business & Economics
Languages : en
Pages : 31

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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.

Macroeconomic Medium-Term Models in the Nordic Countries

Macroeconomic Medium-Term Models in the Nordic Countries PDF Author: O. Bjerkholt
Publisher: Elsevier
ISBN: 148329546X
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
This is the first major joint presentation of macroeconomic models of Denmark, Finland, Norway and Sweden. Its origin is a selection of the presentations at a seminar on macroeconomic modelling in the Nordic countries held in Lyngby, Denmark, 8-9 October 1984, sponsored by the Nordic Ministries of Finance.The book is concentrated around a thorough presentation of the main macroeconomic medium-term models used in government planning and policy-making in each of the four countries. These models are: in Denmark, ADAM, developed by the Central Statistical Office, in Finland, KESSU, developed within the Ministry of Finance, in Norway, MODAG, developed by the Central Bureau of Statistics, and in Sweden, EMMA, developed within the Ministry of Finance.An introduction to Nordic macroeconomic models is provided, as well as significant features of the institutional use of models within governments in these countries. On the basis of the data presented in the book, the effects of devaluation, wage increases and fiscal policy in the Nordic economies can be compared with each other as well as with other small open economies.

The Methodology and Practice of Econometrics

The Methodology and Practice of Econometrics PDF Author: Jennifer Castle
Publisher: OUP Oxford
ISBN: 0191553255
Category : Business & Economics
Languages : en
Pages : 464

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Book Description
David F. Hendry is a seminal figure in modern econometrics. He has pioneered the LSE approach to econometrics, and his influence is wide ranging. This book is a collection of papers dedicated to him and his work. Many internationally renowned econometricians who have collaborated with Hendry or have been influenced by his research have contributed to this volume, which provides a reflection on the recent advances in econometrics and considers the future progress for the methodology of econometrics. Central themes of the book include dynamic modelling and the properties of time series data, model selection and model evaluation, forecasting, policy analysis, exogeneity and causality, and encompassing. The book strikes a balance between econometric theory and empirical work, and demonstrates the influence that Hendry's research has had on the direction of modern econometrics. Contributors include: Karim Abadir, Anindya Banerjee, Gunnar Bårdsen, Andreas Beyer, Mike Clements, James Davidson, Juan Dolado, Jurgen Doornik, Robert Engle, Neil Ericsson, Jesus Gonzalo, Clive Granger, David Hendry, Kevin Hoover, Søren Johansen, Katarina Juselius, Steven Kamin, Pauline Kennedy, Maozu Lu, Massimiliano Marcellino, Laura Mayoral, Grayham Mizon, Bent Nielsen, Ragnor Nymoen, Jim Stock, Pravin Trivedi, Paolo Paruolo, Mark Watson, Hal White, and David Zimmer.