Download or read book Determinants of Labour Demand written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates causes of the recent experience of employment and output growth, whereby employment growth has recently converged with output growth after previously diverging. This is contrary to usual patterns of labour usage and the resulting usual lagged relationship between employment and output growth. The study seeks to ascertain whether changes in the price of labour or changes in output have caused the observed different characteristics of employment and output growth in recent periods. Elasticities of labour demand with respect to both output and wages are calculated at the aggregate and individual industry level for a selection of industries for which suitable data are available. The elasticities are examined to determine the relative contributions of output and wages changes in explaining the unusually long observed lag between GDP and employment growth. Results are largely consistent with previous studies. The partial elasticities differ between industries during the time period studied and it is possible to reject the hypothesis that the elasticity of labour demand with respect to real wages is unity for all industries. The most significant factor underlying the apparent convergence between growth of employment and output toward the end of the period was a reduction in average real wages growth, although structural changes did contribute. Error correction models indicate that the rate of adjustment between the short-run and the long-run varies between industries, with adjustment for most industries occurring within one year. [Author abstract]
Download or read book Evaluating reported determinants of labor demand written by David R. Ross and published by . This book was released on 1993 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Employment written by Christian Dreger and published by . This book was released on 2006 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Restructuring the Labour Market written by D. Ashton and published by Springer. This book was released on 2016-07-27 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents an advance in our knowledge of the labour market. For the first time it combines the analysis of both quantitative and qualitative data to produce an explanation of the main changes which have transformed the labour market during the recession. For the first time it demonstrates the segmented character of the youth labour market and the significance of the local labour markets. The result is a substantial contribution to labour market segmentation theory and to the analysis of social policy in this field.
Download or read book Labour Supply and Incentives to Work in Europe written by Ramón Gómez-Salvador and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour Supply and Incentives to Work in Europe highlights recent developments in the labour supply in Europe and gives a detailed assessment of their link with economic policies and labour market institutions. Despite major changes in European labour supply during the past few decades, the existing literature still lacks a comprehensive study of the relationship between labour supply and labour market institutions from a macro perspective.
Download or read book Determinants of Labor Demand Growth and Private Sector Productivity written by Mariana Vijil and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of the Labour Market written by David Sapsford and published by . This book was released on 1993 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Containing up-to-date coverage of the economics of the labour market, this book provides students with an accessible guide to the theoretical and empirical analysis of labour markets, including coverage of the important analytical developments which have occurred over the last 20 years.
Download or read book Structural Determinants of Employment and Unemployment written by Organisation for Economic Co-operation and Development and published by . This book was released on 1977 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Principles of Wage Determination written by T. S. Papola and published by Bombay : Somaiya Publications. This book was released on 1970 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of wage determination factors in the cotton textile industry in India from 1939 to 1962 - covers theoretical aspects, economic implications of labour supply and labour demand, labour productivity, the cost of living, labour costs and profitability, the impact of trade union policies on the rise in wages, etc. Bibliography pp. 233 to 239 and statistical tables.
Download or read book Perspectives on Labour Economics for Development written by Sandrine Cazes and published by International Labor Office. This book was released on 2013 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: In developing countries, labour markets play a central role in determining economic and social progress since employment status is one of the key determinants of exiting poverty and promoting inclusion. Yet the reality in most developing countries is that the labour market fails to create the jobs in the formal economy that would help individuals and their families prosper. In recognition of these challenges, governments and other stakeholders in developing countries have increasingly prioritised policies and programmes to promote decent work. However, this requires navigating a range of complex issues and debates surrounding the linkages between development processes and labour market outcomes. This volume consists of three main thematic parts. Part I provides a broad overview of key issues, including characterising the employment challenge in developing countries and the link between economic growth, distribution, poverty and employment. Drawing on the literature and country examples, Part II analyses the specific topics of wages, migration and education. The final section shifts to a more normative focus, addressing labour market institutions and policies, along with systematic approaches to quantifying labour markets in developing countries. Perspectives on Labour Economics for Development is an invaluable reference for policy-makers in middle- and low-income countries as well as an ideal handbook for teachers and students of economics and development.
Download or read book Handbook of the Economics of Risk and Uncertainty written by Mark Machina and published by Newnes. This book was released on 2013-11-14 with total page 897 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Download or read book Option Or Obligation The Determinants of Labour Supply Preferences in Britain written by René Böheim and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine persistence in work hour constraints using subjective data from the British Household Panel Survey, and investigate the role of job and employer changes in alleviating these constraints. Evidence suggests that 40 per cent of employees prefer to work a different number of hours at their current wage, and the majority of these prefer to work fewer hours. Our estimates also indicate that, although these constraints persist over time, job and employer changes alleviate over-employment particularly among men. Work time preferences are determined by observed job and employer related characteristics, individual demographics, local labour demand and time-invariant unobserved individual-specific effects.
Download or read book Wage Led Growth written by Engelbert Stockhammer and published by Springer. This book was released on 2013-12-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.
Download or read book Labor Demand written by Daniel S. Hamermesh and published by Princeton University Press. This book was released on 1996-01-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.
Download or read book Demand for Labor written by Daniel S. Hamermesh and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A selection of Daniel Hamermesh's key papers on labour demand including : how firms adjust labor in response to large shocks, the theory and applications of labor demand dynamics, adjustments costs, how labour policy affects wages and employment, minimum wage, job displacement, and physical appearance and discrimination."--Résumé de l'éditeur
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.
