Download or read book A Behavioral Account of the Labor Market written by Ernst Fehr and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Behavioral Account of the Labor Market written by Ernst Fehr and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Oxford Handbook of Women and the Economy written by Susan L. Averett and published by Oxford University Press. This book was released on 2018-05-15 with total page 889 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformation of women's lives over the past century is among the most significant and far-reaching of social and economic phenomena, affecting not only women but also their partners, children, and indeed nearly every person on the planet. In developed and developing countries alike, women are acquiring more education, marrying later, having fewer children, and spending a far greater amount of their adult lives in the labor force. Yet, because women remain the primary caregivers of children, issues such as work-life balance and the glass ceiling have given rise to critical policy discussions in the developed world. In developing countries, many women lack access to reproductive technology and are often relegated to jobs in the informal sector, where pay is variable and job security is weak. Considerable occupational segregation and stubborn gender pay gaps persist around the world. The Oxford Handbook of Women and the Economy is the first comprehensive collection of scholarly essays to address these issues using the powerful framework of economics. Each chapter, written by an acknowledged expert or team of experts, reviews the key trends, surveys the relevant economic theory, and summarizes and critiques the empirical research literature. By providing a clear-eyed view of what we know, what we do not know, and what the critical unanswered questions are, this Handbook provides an invaluable and wide-ranging examination of the many changes that have occurred in women's economic lives.

Download or read book Studies in Labor Markets written by Sherwin Rosen and published by University of Chicago Press. This book was released on 2007-12-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.

Download or read book Labor Markets and Business Cycles written by Robert Shimer and published by Princeton University Press. This book was released on 2010-04-12 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.

Download or read book Insights from Behavioural Economics on how Labour Markets Work written by Morris Altman and published by . This book was released on 2014 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Behavioral Theory of Labor Negotiations written by Richard E. Walton and published by Cornell University Press. This book was released on 1991 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Walton and McKersie attempt to describe a comprehensive theory of labor negotiation. The authors abstract and analyze four sets of systems of activities which they believe account for much of the behavior found in labor negotiations. The first system of activities, termed "distributive bargaining," comprises competitive behaviors that are intended to influence the division of limited resources. The second system is made up of activities that increase the joint gain available to the negotiating parties, referred to as "integrative bargaining." They are problem-solving behaviors and other activities which identify, enlarge and act upon the common interests of the parties. The third system includes activities that influence the attitudes of the parties toward each other and affect the basic relationship bonds between the social units involved. This process is referred to as "attitudinal structuring." The fourth system of activities, which occurs as an integral aspect of the inter-party negotiations, comprises the behaviors of a negotiator that are meant to achieve consensus within one's own organizations. This fourth process is called "intra-organizational bargaining." Each sub process has its own set of instrumental acts or tactics. Therefore, each of the four model chapters is followed by a chapter on the tactics which implement the process. These chapters translate the model into tactical assignments and include an abundance of supporting illustrations from actual negotiations. This study should be of interest to several audiences, including students and teachers of industrial relations, social scientists interested in the general field of conflict resolution, as well as practitioners of collective bargaining and other individuals directly involved in international negotiations. The overall theoretical framework has been derived by a mixture of inductive and deductive reasoning. Extensive fieldwork and several dozen printed case studies have provided the bulk of the empirical data. In terms of meaning, the study has three touchstones: the field of collective bargaining; the field of conflict resolutions; and the underlying disciplines of economics, psychology, and sociology.

Download or read book The Economics of Labor Migration written by Charles F. Mueller and published by Elsevier. This book was released on 2013-10-22 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Labor Migration: A Behavioral Analysis presents an in-depth study of the various factors and conditions that lead to a worker's decision to migrate. The book applies theoretical and empirical procedures to the analysis and comprehension of the labor migration phenomenon. The text is organized in that the first chapter provides an introduction of the subject and an overview and outline of the study. Chapter 2 reviews previous studies on the determinants of interregional migration and geographic mobility. In Chapter 3, a theoretical behavioral model of the migration decision is developed. The judgments used in developing a data base suitable for estimation purposes and the aggregate characteristics of the sample of workers are presented in Chapter 4. The fifth chapter discusses the estimation results. Chapter 6 evaluates the data using collinearity diagnostics that identify sources of collinearity. The final chapter gives a summary of the study, recommendations for further research, and an assessment of the migration policy in the United States. Demographers, economists, sociologists, employers, and government administrators will find the book invaluable.

Download or read book Economic Analysis of the Digital Economy written by Avi Goldfarb and published by University of Chicago Press. This book was released on 2015-05-08 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a small and growing literature that explores the impact of digitization in a variety of contexts, but its economic consequences, surprisingly, remain poorly understood. This volume aims to set the agenda for research in the economics of digitization, with each chapter identifying a promising area of research. "Economics of Digitization "identifies urgent topics with research already underway that warrant further exploration from economists. In addition to the growing importance of digitization itself, digital technologies have some features that suggest that many well-studied economic models may not apply and, indeed, so many aspects of the digital economy throw normal economics in a loop. "Economics of Digitization" will be one of the first to focus on the economic implications of digitization and to bring together leading scholars in the economics of digitization to explore emerging research.

Download or read book Routledge Handbook of Behavioral Economics written by Roger Frantz and published by Routledge. This book was released on 2016-08-05 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them. The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities. Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation. The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.

Download or read book A Collection of Surveys on Market Experiments written by Charles Noussair and published by John Wiley & Sons. This book was released on 2013-11-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprised of 10 surveys by leading scholars, this collection showcases the largest and fastest growing strands of research on market behaviour in experimental economics. Covers topics such as asset markets, contests, environmental policy, frictions, general equilibrium, labour markets, multi-unit auctions, oligopoly markets, and prediction markets Focuses on the literature that has helped economists best understand how markets operate Assesses the impact of developments in theory, policy, and research methods

Download or read book Women Working Longer written by Claudia Goldin and published by University of Chicago Press. This book was released on 2018-04-19 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during the past three decades, despite substantial changes in macroeconomic conditions. Why is this so? Today’s older American women work full-time jobs at greater rates than women in other developed countries. In Women Working Longer, editors Claudia Goldin and Lawrence F. Katz assemble new research that presents fresh insights on the phenomenon of working longer. Their findings suggest that education and work experience earlier in life are connected to women’s later-in-life work. Other contributors to the volume investigate additional factors that may play a role in late-life labor supply, such as marital disruption, household finances, and access to retirement benefits. A pioneering study of recent trends in older women’s labor force participation, this collection offers insights valuable to a wide array of social scientists, employers, and policy makers.

Download or read book NBER Macroeconomics Annual 2013 written by Jonathan A. Parker and published by University of Chicago Press. This book was released on 2014-05-22 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty-eighth edition of the NBER Macroeconomics Annual continues its tradition of featuring theoretical and empirical research on central issues in contemporary macroeconomics. As in previous years, this volume not only addresses recent developments in macroeconomics, but also takes up important policy-relevant questions and opens new debates that will continue for years to come. The first two papers in this year’s issue tackle fiscal and monetary policy, asking how interest rates and inflation can remain low despite fiscal policy behavior that appears inconsistent with a monetary policy regime focused only on inflation and output and not on fiscal balances as recently observed in the U.S. The third examines the implications of reference-dependent preferences and moral hazard in employment fluctuations in the labor market. The fourth paper addresses money and inflation, analyzing the long run inflation rate, the coexistence of money with pledgeable and money-like assets, and why inflation did not increase in response to business-cycle fluctuations in productivity. And the fifth looks at the stock market and how it relates to the real economy. The final chapter discusses the large and public shift towards more expansionary monetary policy that has recently occurred in Japan.

Download or read book The Changing Composition of the Workforce written by Albert S. Glickman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Annual Scientist-Practitioner Conferences in Industrial Organizational Psychology were conceived by the Department of Psychology at Old Dominion University as a means to foster exchange of information, points of view, and insights among those who are engaged in research in the behavioral and social sciences, and those who, in various business, industrial, managerial, organizational, and educational roles, are actively engaged in work affording opportun ities to apply the findings and concepts generated by scientific study (many people do both). Our vested interest and our hope is that the stimulus provided by these exchanges will help us and our professional cohorts in psychology and other disciplines to advance the cutting edge of theory and application in problem areas of present and prospective importance. The first of these conferences took place in 1980, and had as its theme, "Performance Appraisal. " The papers here constitute the substantive contributions to the second conference which addressed issues pertinent to "The Changing Composition of the Workforce. " It should be noted that although industrial-organizational psychologists continue to claim parentage, this meeting can lay claim to an interdisciplinary lineage, validated by the presence on its panels and among the other invited participants of economists, labor officials, educators, personnel administrators, gerontolo gists, sociologists, business managers, and military officers, as well as others of unknown origins.

Download or read book Monopsony in Motion written by Alan Manning and published by Princeton University Press. This book was released on 2013-12-03 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.

Download or read book Modern Labor Economics written by Ronald G. Ehrenberg and published by Routledge. This book was released on 2017-07-31 with total page 1305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Labor Economics: Theory and Public Policy, now in its thirteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior, and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. Experienced educators for nearly four decades, co-authors Ehrenberg and Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This new edition continues to offer: a balance of relevant, contemporary examples; coverage of the current economic climate; introduction to basic methodological techniques and problems; tools for review and further study. In addition to providing updated data and examples throughout, the thirteenth edition offers greater coverage of inequality, healthcare policy, and labor-replacing technologies. The text is also supported by a full range of companion online materials.

Download or read book Three Essays Considering The Labor Market Behavior Of Young Workers written by Adam Laurier Lavallee and published by . This book was released on 2016 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three chapters investigating labor market trends, specifically of young workers (ages 18-24). In the United States, young workers decreased their labor market participation by more than 8\% from 1994-2014 and the first chapter of this research considers changing demographics and educational decisions to account for this decline. Using connected monthly Current Population Survey (CPS) data, an alternative definition of labor market attachment is considered, which accounts for attached, marginally attached, and not attached workers. Additionally, attending college is considered as a weak form of labor market participation. Accounting for demographic changes and varying levels of attachment by demographics, the decrease in the participation rate is decomposed into genuine and demographic changes. The finding is a genuine decrease of 1.5\% young workers out of the labor force over the twenty year period studied. A calculation of the impact of college major choice on participation is estimated by extending the decomposition, as well as estimating a logit model on participation by college major. For males certain majors (Agriculture and English and Foreign Language) correlate with lower labor force attachment, while others (Engineering, Mathematics, and Visual and Performing Arts) correspond with higher attachment. For females, graduate degrees are the strongest indicator of attachment to the labor force and being married correlates with non-attachment to the labor force. The second chapter of this research investigates the movement of young workers between labor market statuses. Rather than consider the stocks and percentages of workers in each state (i.e. charting the unemployment or participation rate), this paper analyzes the flows between statuses. A contribution of this research is to consider how labor market flows are impacted by education decisions by including schooling as a labor market status. Additionally, this chapter estimates the impact that labor market movements by young workers have on fluctuations of their unemployment rate; flows between unemployment and not-in-the-labor-force, account for over forty percent of the variation in unemployment for young workers. As young workers decide whether to participate in the labor force or continue their education, they must decide whether to forgo ``on-the-job" training and experience or attend college to acquire human capital through formal education. Following the work of John Robst (2007), the third chapter of this research considers three questions: To what extent do college graduates work in fields unrelated to their most recent degree field? Which degree fields lead to greater mismatch? What is the relationship between working outside a degree field and wages? This research first provides updated answers to these questions using data from the 2013 National Survey of College Graduates (NSCG). Additionally, this work includes new specifications of the wage penalty using parental education level, which was unavailable in Robst's data. The result indicates a wage correlation of complete mismatch between job and college major that is more than three times that of a partial mismatch. An important contribution of this paper is to address changes over time by comparing results from the NSCG data in 1993, 2003, 2010, and 2013. A significant result is that the negative association between mismatch and wages has increased by a factor of three for men and over four times for women from 1993 to 2013. The conclusions in this research describe both structural and cyclical trends in the young worker labor market. Despite the significant proportion of young workers in the labor force, little research has been conducted using data from individuals under the age of twenty-five. This dissertation focuses on young workers because of the importance they play in the labor market, but also to motivate future research. The decisions young people make impact the labor market as well as drive individual future labor market outcomes; policy should be informed by the structural and cyclical trends presented throughout this research.