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Author: Peder J. Pedersen
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110861364
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
Author: Peder J. Pedersen
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110861364
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
Author: James J. Hughes
Publisher: Cambridge University Press
ISBN: 9780521318655
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
The problems and issues of unemployment are given comprehensive coverage through discussions of measurement, theory and policy which are backed up with empirical evidence drawn from postwar experience in the United States and the United Kingdom.
Author: G. Peter Penz
Publisher:
ISBN:
Category : Seasonal unemployment
Languages : en
Pages : 116
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Book Description
Author: Victor E. Argy
Publisher: Routledge
ISBN: 1317216792
Category : Business & Economics
Languages : en
Pages : 398
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Book Description
Originally published in 1985 and contributed to by internationally renowned economists, this volume discusses theoretical issues and country-specific experiences to review the underlying causes of the stagflation of the 1970s and early 1980s, as well as summarizing the kinds of macro-policies that were adopted to deal with the stagflation.
Author: Edmund S. Phelps
Publisher: Harvard University Press
ISBN: 9780674843738
Category : Business & Economics
Languages : en
Pages : 444
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Book Description
Dissatisfied with the explanations of the business cycle provided by the Keynesian, monetarist, New Keynesian, and real business cycle schools, Edmund Phelps has developed from various existing strands-some modern and some classical--a radically different theory to account for the long periods of unemployment that have dogged the economies of the United States and Western Europe since the early 1970s. Phelps sees secular shifts and long swings of the unemployment rate as structural in nature. That is, they are typically the result of movements in the natural rate of unemployment (to which the equilibrium path is always tending) rather than of long-persisting deviations around a natural rate itself impervious to changing structure. What has been lacking is a "structuralist" theory of how the natural rate is disturbed by real demand and supply shocks, foreign and domestic, and the adjustments they set in motion. To study the determination of the natural rate path, Phelps constructs three stylized general equilibrium models, each one built around a distinct kind of asset in which firms invest and which is important for the hiring decision. An element of these models is the modern economics of the labor market whereby firms, in seeking to dampen their employees' propensities to quit and shirk, drive wages above market-clearing levels-the phenomenon of the "incentive wage"--and so generate involuntary unemployment in labor-market equilibrium. Another element is the capital market, where interest rates are disturbed by demand and supply shocks such as shifts in profitability, thrift, productivity, and the rate of technical progress and population increase. A general-equilibrium analysis shows how various real shocks, operating through interest rates upon the demand for employees and through the propensity to quit and shirk upon the incentive wage, act upon the natural rate (and thus equilibrium path). In an econometric and historical section, the new theory of economic activity is submitted to certain empirical tests against global postwar data. In the final section the author draws from the theory some suggestions for government policy measures that would best serve to combat structural slumps.
Author: Charles Killingsworth
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 50
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Book Description
Conference report on a seminar on manpower policy and programme to examine structural unemployment in the USA - comprises a paper and record of discussions on unemployment rates of unskilled workers (incl. Blacks and young workers), relevant employment policy, etc. Conference held in Washington 1964 December 17.
Author: Paul G. Schervish
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
The logic of analysis of segmentation research; Segmentation of market relations and segmentation of unemployment; Data, measurement of variables, and techniques of analysis; Class segments and the structure of unemployment; Economic sectors and the distribution of the unemployed; Business cycle, economic sector, and unemployment.
Author: Thomas Janoski
Publisher: John Wiley & Sons
ISBN: 0745684130
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
There is a specter haunting advanced industrial countries: structural unemployment. Recent years have seen growing concern over declining jobs, and though corporate profits have picked up after the Great Recession of 2008, jobs have not. It is possible that “jobless recoveries” could become a permanent feature of Western economies. This illuminating book focuses on the employment futures of advanced industrial countries, providing readers with the sociological imagination to appreciate the bigger picture of where workers fit in the new international division of labor. The authors piece together a puzzle that reveals deep structural forces underlying unemployment: skills mismatches caused by a shift from manufacturing to service jobs; increased offshoring in search of lower wages; the rise of advanced communication and automated technologies; and the growing financialization of the global economy that aggravates all of these factors. Weaving together varied literatures and data, the authors also consider what actions and policy initiatives societies might take to alleviate these threats. Addressing a problem that should be front and center for political economists and policymakers, this book will be illuminating reading for students of the sociology of work, labor studies, inequality, and economic sociology.
Author: Neri Salvadori
Publisher: Edward Elgar Publishing
ISBN: 9781845428167
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
This book will appeal to upper level students, scholars and researchers of economics and economic growth as well as those more specifically involved in labour, microeconomics and the history of economic thought.
Author: Rüdiger Wapler
Publisher: Springer Science & Business Media
ISBN: 3642558933
Category : Business & Economics
Languages : en
Pages : 246
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Book Description
In his Ph. D. thesis, Rudiger Wapler analyses the causes of the persistently high unemployment rates especially in continental Europe. Particular emphasis is placed on imperfect labour and product markets on the one hand, and on the numerous links between unemployment, innovations and growth on the other. Hence, Rudiger Wapler provides an important contribution towards a better understanding of both the development of labour markets as well as the dynamics of growth. To aid readers with only little prior knowledge of labour markets, the book presents the most common theories of unemployment: (1) trade-union models in which union bargaining power leads to wages above their market-clearing level, (2) efficiency-wage models in which employers voluntarily pay higher wages in order to motivate or discipline their workers or to reduce the job turnover rate, as well as (3) matching models in which unemployment is caused by the continuous turnover of jobs and workers. In addition, emphasis is placed on the fact that labour needs to be treated as heterogeneous, a fact often neg lected in the literature. Subsequently, these labour-market foundations are integrated with modern theories of innovations and growth, making the ap proach much more relevant and plausible. Without doubt, the generalisations of the models performed by Rudiger Wapler show that there are limits to such formal analysis. Due to the increasing number of interdependencies, it is doubtful whether even more complex models provide additional (usable) insights.
