Explaining Unemployment in Spain

Explaining Unemployment in Spain PDF Author: Mr.Jeffrey R. Franks
Publisher: International Monetary Fund
ISBN: 1451852576
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in recent years has produced a large rise in female labor force participation and a decrease in agricultural jobs to which the economy has been unable to adjust. The effects of generous unemployment benefits and the large underground economy may explain 6–12 percentage points of the resulting unemployment, but the remainder must be explained by failures and rigidities in the labor market. The paper presents econometric evidence that unemployment displays hysteresis, and that wages are not responsive to changes in the unemployment rate. This evidence supports the claim that insider-outsider factors and rigidities in the legal structure of the labor market are responsible for much of the high unemployment rate. Recent reforms have improved the functioning of the labor market, but they are unlikely to be sufficient to reduce unemployment to single digit rates without further action.

Explaining Unemployment in Spain

Explaining Unemployment in Spain PDF Author: Mr.Jeffrey R. Franks
Publisher: International Monetary Fund
ISBN: 1451852576
Category : Business & Economics
Languages : en
Pages : 42

Get Book Here

Book Description
Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in recent years has produced a large rise in female labor force participation and a decrease in agricultural jobs to which the economy has been unable to adjust. The effects of generous unemployment benefits and the large underground economy may explain 6–12 percentage points of the resulting unemployment, but the remainder must be explained by failures and rigidities in the labor market. The paper presents econometric evidence that unemployment displays hysteresis, and that wages are not responsive to changes in the unemployment rate. This evidence supports the claim that insider-outsider factors and rigidities in the legal structure of the labor market are responsible for much of the high unemployment rate. Recent reforms have improved the functioning of the labor market, but they are unlikely to be sufficient to reduce unemployment to single digit rates without further action.

Moving for Prosperity

Moving for Prosperity PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464812829
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
Migration presents a stark policy dilemma. Research repeatedly confirms that migrants, their families back home, and the countries that welcome them experience large economic and social gains. Easing immigration restrictions is one of the most effective tools for ending poverty and sharing prosperity across the globe. Yet, we see widespread opposition in destination countries, where migrants are depicted as the primary cause of many of their economic problems, from high unemployment to declining social services. Moving for Prosperity: Global Migration and Labor Markets addresses this dilemma. In addition to providing comprehensive data and empirical analysis of migration patterns and their impact, the report argues for a series of policies that work with, rather than against, labor market forces. Policy makers should aim to ease short-run dislocations and adjustment costs so that the substantial long-term benefits are shared more evenly. Only then can we avoid draconian migration restrictions that will hurt everybody. Moving for Prosperity aims to inform and stimulate policy debate, facilitate further research, and identify prominent knowledge gaps. It demonstrates why existing income gaps, demographic differences, and rapidly declining transportation costs mean that global mobility will continue to be a key feature of our lives for generations to come. Its audience includes anyone interested in one of the most controversial policy debates of our time.

Monthly Labor Review

Monthly Labor Review PDF Author:
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 128

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Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Monthly Labor Review

Monthly Labor Review PDF Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 628

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Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

Essays in Argentine Labour History, 1870-1930

Essays in Argentine Labour History, 1870-1930 PDF Author: Jeremy Adelman
Publisher: Springer
ISBN: 1349123838
Category : Social Science
Languages : en
Pages : 266

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Book Description
From 1870 to 1930 Argentina underwent massive changes. The development of the working classes shaped the direction of those changes by promoting democratization and economic redistribution. This text looks at the formation and weaknesses of the Argentine working classes during this period.

The Jobs and Effects of Migrant Workers in Italy

The Jobs and Effects of Migrant Workers in Italy PDF Author:
Publisher:
ISBN:
Category : Foreign workers
Languages : en
Pages : 84

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Book Description


Getting by in Europe's Urban Labour Markets

Getting by in Europe's Urban Labour Markets PDF Author: Inge van Nieuwenhuyze
Publisher: Amsterdam University Press
ISBN: 9089640509
Category : Political Science
Languages : en
Pages : 235

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Book Description
A thesis that examines two major social changes experienced by European cities: post-industrial economic restructuring and new immigration flows. It also discusses the link between both these social changes with a variety of theoretical approaches and in many descriptive contributions.

The SAGE Encyclopedia of World Poverty

The SAGE Encyclopedia of World Poverty PDF Author: Mehmet Odekon
Publisher: SAGE Publications
ISBN: 1483345718
Category : Social Science
Languages : en
Pages : 2496

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Book Description
The SAGE Encyclopedia of World Poverty, Second Edition addresses the persistence of poverty across the globe while updating and expanding the landmark work, Encyclopedia of World Poverty, originally published in 2006 prior to the economic calamities of 2008. For instance, while continued high rates of income inequality might be unsurprising in developing countries such as Mexico, the Organization of Economic Co-operation and Development (OECD) reported in May 2013 even countries with historically low levels of income inequality have experienced significant increases over the past decade, including Denmark, Sweden, and Germany. The U.N. and the World Bank also emphasize the persistent nature of the problem. It is not all bad news. In March 2013, the Guardian newspaper reported, “Some of the poorest people in the world are becoming significantly less poor, according to a groundbreaking academic study which has taken a new approach to measuring deprivation. The report, by Oxford University’s poverty and human development initiative, predicts that countries among the most impoverished in the world could see acute poverty eradicated within 20 years if they continue at present rates.” On the other hand, the U.N. says environmental threats from climate change could push billions more into extreme poverty in coming decades. All of these points lead to the need for a revised, updated, and expanded edition of the Encyclopedia of World Poverty. Key Features: 775 evaluated and updated and 175 entirely new entries New Reader’s Guide categories Signed articles, with cross-references Further Readings will be accompanied by pedagogical elements Updated Chronology, Resource Guide, Glossary, and thorough new Index The SAGE Encyclopedia of World Poverty, Second Edition is a dependable source for students and researchers who are researching world poverty, making it a must-have reference for all academic libraries.

New Frontiers in Regional Science

New Frontiers in Regional Science PDF Author: Manas Chatterji
Publisher: Springer
ISBN: 134910633X
Category : Science
Languages : en
Pages : 377

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Book Description
The first in a two volume tribute to Walter Isard, the second being "Dynamics and Conflict in Regional structural Change", this book looks at new frontiers in regional science. Together they contains 50 papers by experts in this field, and look at subjects such as location theory.

Geography, Institutions and Regional Economic Performance

Geography, Institutions and Regional Economic Performance PDF Author: Riccardo Crescenzi
Publisher: Springer Science & Business Media
ISBN: 3642333958
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
The book aims to present “traditional features” of regional science (as geographical concepts and institutions), as well as relatively new topics such as innovation and agglomeration economies. In particular it demonstrates that, contrary to what has been argued by recent economics literature, both geography and institutions (or culture) are relevant for local development. In fact, these phenomena, along with the movement of goods and workers, are among the main reasons for persisting development differentials. These intriguing relationships are at the heart of the analysis presented in this book and form the conceptual basis for a promising institutional approach to economic geography.