Unemployment Dynamics in the United States and West Germany

Unemployment Dynamics in the United States and West Germany PDF Author: Markus Gangl
Publisher: Springer Science & Business Media
ISBN: 3642573347
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
In writing this book, I increasingly became aware of the extent to which much of the finest social science research has been devoted to the issue of unemployment. Unemployment rightly is a key issue in the social sciences for search of social and political answers to the economic, social and psychological distress caused by un certainty and macroeconomic change. I was glad to find my own worries shared by eminent and respected scholars: George Akerlof once confessed to pursue the study of unemployment ultimately because of his father's distress from fear of un employment, and Wout Ultee started research on unemployment from the consid eration that parents' talk about unemployment risks should not come to dominate marriage parties or other family occasions. The problem of unemployment is thus hardly confmed to actual loss of income, but one where economic insecurity be gins to undermine the very fabric of society. In consequence, to combat unem ployment should indeed be a foremost issue in societies striving for freedom and justice for their citizenry, yet to succeed obviously requires an understanding of the underlying economic realities. If this study could contribute to this endeavor, all the time spent in writing would seem well spent indeed. Against the significant body of existing social science research on unemploy ment, it seems appropriate to be clear about the scope and limitations of the cur rent study, however.

Unemployment Dynamics in the United States and West Germany

Unemployment Dynamics in the United States and West Germany PDF Author: Markus Gangl
Publisher: Springer Science & Business Media
ISBN: 3642573347
Category : Business & Economics
Languages : en
Pages : 295

Get Book Here

Book Description
In writing this book, I increasingly became aware of the extent to which much of the finest social science research has been devoted to the issue of unemployment. Unemployment rightly is a key issue in the social sciences for search of social and political answers to the economic, social and psychological distress caused by un certainty and macroeconomic change. I was glad to find my own worries shared by eminent and respected scholars: George Akerlof once confessed to pursue the study of unemployment ultimately because of his father's distress from fear of un employment, and Wout Ultee started research on unemployment from the consid eration that parents' talk about unemployment risks should not come to dominate marriage parties or other family occasions. The problem of unemployment is thus hardly confmed to actual loss of income, but one where economic insecurity be gins to undermine the very fabric of society. In consequence, to combat unem ployment should indeed be a foremost issue in societies striving for freedom and justice for their citizenry, yet to succeed obviously requires an understanding of the underlying economic realities. If this study could contribute to this endeavor, all the time spent in writing would seem well spent indeed. Against the significant body of existing social science research on unemploy ment, it seems appropriate to be clear about the scope and limitations of the cur rent study, however.

Globalization, Uncertainty, and Men's Careers

Globalization, Uncertainty, and Men's Careers PDF Author: Hans-Peter Blossfeld
Publisher: Edward Elgar Publishing
ISBN: 9781782542384
Category : Social Science
Languages : en
Pages : 536

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Book Description
Globalization, argue the contributors to this book, has remarkably accelerated social and economic change in modern societies. One such change is manifested in the world of work and careers. This book explores whether the forces of globalization affect the erosion of standard career patterns of mid-career men in twelve OECD countries. Overwhelming evidence against the 'individualization of inequality' thesis is provided - it is argued that equality remains largely stratified by factors such as occupational class and educational level, and in some countries has even grown over time.

Variable Income Equivalence Scales

Variable Income Equivalence Scales PDF Author: Carsten Schröder
Publisher: Springer Science & Business Media
ISBN: 3790827118
Category : Business & Economics
Languages : en
Pages : 171

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Book Description
1.1 A Brief Overview An extensive body of empirical and theoretical literature deals with the mea surement of social welfare. This body can be decomposed in several different but related topics, all of which have implications for empirical studies in wel fare economics. One of these topics are household equivalence scales which help to compare welfare levels across households that differ in composition. An equivalence scale relates the income of any arbitrary household type to the income ofa referencehouseholdsuch that both households are equally well-off. Differences in household needs arise from differences in the households' de mographic composition which is, for instance, given by the number, age, and sex of the household members. The increase of household needs is not neces sarily proportional to the increase in the number of household members. Such a non-proportionality, for example, results from differences in the needs of adults and children, economies ofscale arising from the division of fixed costs among the household members, welfare gains from household production, and from common consumption ofcommodities bearing a within-household public good component.

Essays on Microeconomics and Industrial Organisation

Essays on Microeconomics and Industrial Organisation PDF Author: Pablo Coto-Millán
Publisher: Springer Science & Business Media
ISBN: 3790826707
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
Essays on Microeconomics and Industrial Organisation aim to serve as a source and work of reference and consultation for the field of Microeconomics in general and of Industrial Organisation in particular. Traditionally, Microeconomics is essentially taught as theory and hardly ever an estimation of a demand, production and cost function is offered . Over the last two decades, however, Microeconomics has greatly broadened its field of empirical application. Therefore, this text combines microeconomic theories with a variety of empirical cases. The standardised microeconomic analysis of demand, production and costs is set forth along with appropriate econometric techniques. The text consists of four parts: Demand, Production and Costs (Supply), Market and Industrial Structure and Failure of Market and Industrial Regulation. It includes eleven new chapters with respect to the first edition.

The Value of Signals in Hidden Action Models

The Value of Signals in Hidden Action Models PDF Author: Wendelin Schnedler
Publisher: Springer Science & Business Media
ISBN: 3790827061
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
Since the fundamental work of Walras (1874), markets have received particular attention by economists because they lead to an efficient allocation of goods and services. However, the proper functioning of markets rests on certain assumptions. For instance, the good or ser vice which is to be traded must be clearly defined. This elementary requirement is often violated in reality, in particular when services are concerned. Consider the example of railway workers who are hired to lay tracks. A labour contract which stipulates a fixed wage and defines the workers' task as "laying tracks" is rather unspecific. Workers may profit from this vagueness by reducing effort to a comfortable amount -as long as tracks are laid, they do not violate contract conditions. Thus, an im precise definition of the service can result in inefficiently low efforts. An obvious solution to this problem is a clearer definition of the ser vice, but often this way is barred: To specify, for instance, all actions which are involved in laying tracks and which may vary with weather, surface and other conditions is far too complicated and too costly. In deed, labour contracts seldom give a detailed account of the task of a worker. Alternatively to a more precise task description, the wage of the worker could be conditioned on information about the worker's performance. For example, the railway workers might be paid by the length of tracks laid so that they are motivated to exert more effort.

Pension Systems

Pension Systems PDF Author: Birgit Mattil
Publisher: Springer Science & Business Media
ISBN: 9783790816754
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
Recently, policy debate and comparative research on old-age pensions have focused on the financial sustainability of pension systems in the face of demographic change. This study, however, also takes into account distributional effects involved in pension system structures. Theoretical, institutional and empirical analyses are combined to form a comprehensive framework for evaluating financial sustainability and distributional effects of the pension systems implemented in Germany and the United Kingdom. Along with projections of demographic trends and future public pension expenditure, the empirical results on old-age incomes and their distribution allow for identifying a number of reform options for each pension system to improve their financial or distributional results.

Convergence, Persistence and Diversity in Male and Female Careers – Does Context Matter in an Era of Globalization?

Convergence, Persistence and Diversity in Male and Female Careers – Does Context Matter in an Era of Globalization? PDF Author: Daniela Grunow
Publisher: Verlag Barbara Budrich
ISBN: 3847414623
Category : Social Science
Languages : en
Pages : 257

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Book Description
Little comparative knowledge exists on how the radical transformations that constitute the late 20th century’s ‘era of globalization’ have affected gender relations and their particular structural manifestation on the labour market, thereby neglecting a core element of the changes and problems currently underway. This book analyses how converging tendencies in the life courses and employment careers of men and women interfere with developments of increasing diversity and instability, both within and between sexes, as economies move from ‘industrial’ to ‘global’. Using the shifting welfare regimes of West Germany and Denmark as illustrative evidence of how national context ‘genders’ the risks and chances associated with globalisation and increasing employment flexibility, this study provides a timely, comprehensive longitudinal analysis of the gendered career consequences of recent political and economic change.

The Evolution of Industrial Districts

The Evolution of Industrial Districts PDF Author: Giulio Cainelli
Publisher: Springer Science & Business Media
ISBN: 3790827002
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
Italian industrial districts (IDs) recently attracted international attention because their performance during the last few decades contradicted the alleged weakness of industrial structures based on SMEs in "traditional" sectors. The book analyses some developments taking place in Italian IDs and local systems of production that can represent a new stage of evolution for the backbone of the Italian economy. Based on the extensive use of original databases three main trajectories of change in IDs are presented. The first trajectory is the increasing role of "groups" of manufacturing SMEs arising from mergers and acquisitions as well as spin-off growth processes at the "family firms" level. The second one is the consolidation of innovation capabilities in IDs. And the third one is the internationalisation process of Italian IDs through both trade and foreign direct investment. The essays suggest that Italian IDs are again evolving by coherent adaptations which will have, however, uncertain outcomes.

Frontiers of Broadband, Electronic and Mobile Commerce

Frontiers of Broadband, Electronic and Mobile Commerce PDF Author: Russel Cooper
Publisher: Springer Science & Business Media
ISBN: 3790826766
Category : Computers
Languages : en
Pages : 341

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Book Description
Russel Cooper and Gary Madden The present volume analyses the frontiers of broadband, electronic and mobile commerce markets. High-capacity and intelligent mobile telecommunication net works have resulted in new services, such as SMS and Internet banking. Growth in mobile Internet network infrastructure and subscription has provided a base for the development of e-commerce. Accordingly, recent research on broadband net works is forward-looking, e. g. , forecasting Internet telephony adoption and the structure of future retail markets. The broadband regime brings with it concerns of identifying appropriate standards and delivery for universal service. Regulation and pricing are matters of importance as well as appropriate investment decisions within a market of ongoing innovation. The volume is divided in five parts: e-commerce business models; network technology and productivity; demand and pricing; market growth, regulation and investment; and issues related to the development imperative. The structure of the volume is guided by the basic themes considered at the International Telecommu nications Society's Asia-Australasian Regional Conference "Mcbusiness, E commerce and the Impact of Broadband on regional Development and Business Prospects", which took place in Perth Western Australia on 22-24 June 2003. The volume contains a selection of papers presented at this conference as well as four additional invited papers, commissioned to augment the volume. The invited pa pers are authored by Jerry Hausman (Chapter 1), Jeffery Bernstein and Charles Zarkadas (Chapter 6), M. Ishaq Nadiri and Banani Nandi (Chapter 8) and Glenn Woroch (Chapter 13).

Empirical Finance

Empirical Finance PDF Author: Sardar M. N. Islam
Publisher: Springer Science & Business Media
ISBN: 3790826669
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
This book makes two key contributions to empirical finance. First it provides a comprehensive analysis of the Thai stock market. Second it presents an excellent exposition ofhow modem econometric techniques can be utilised to understand a market. The increasing globalisation of the world's financial markets has made our un derstanding of the risk-return relationship in a broader range of markets critical. This is particularly so in emerging markets where market depth and liquidity are major issues. One such emerging market is Thailand. The Thai capital market isof particular interest given that it was the market in which the Asian financial crises commenced. As such an understanding ofthe Thai capital market via study of the pre and post-crisis periods enables one to shed light on one of the major financial markets events of recent times. This book provides a quantitative analysis of the Thai capital market using some very useful and recent econometric techniques. The book provides an over view of the Thai stock market in chapter 2. Descriptive statistics and time series models (moving average, exponential smoothing, ARIMA) are presented in chap ter 3 followed by market efficiency tests based on autocorrelations in chapter 4. A richer set of models is then considered in chapters 5 through 8. Chapter 5 finds a cointegrating relationship between macroeconomic factors and stock returns.