Download or read book Empirical Studies on Working Hours and Labour Market Flows written by Petri Böckerman and published by . This book was released on 2003 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Flow Analysis of Labour Markets written by Ronald Schettkat and published by Routledge. This book was released on 1996-08-08 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-functioning labour markets are a precondition for economic development. In order to function smoothly the market needs to be able to adjust effectively and quickly to new developments. An understanding and analysis of adjustment processes within labour markets is therefore essential for economic theory and policy proposals. This study discusse
Download or read book Labour Market and Retirement Interactions written by Jean-Olivier Hairault and published by Oxford University Press. This book was released on 2016-10-27 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volumes examines the interaction of labour market conditions and retirement decisions. Based on French and US data, it provides empirical evidence and quantitative analysis of retirement and labor market flows. It studies the horizon effect and uses French individual data and probit models to show that the horizon effect does matter for the probability of being employed before the early retirement age. It analyses the influence of the retirement age on labour-market equilibrium, as well as the impact of labour market conditions, especially the importance of unemployment risk, on retirement decisions.
Download or read book The Flow Analysis of Labour Markets written by Ronald Schettkat and published by Routledge. This book was released on 1996-08-08 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-functioning labour markets are a precondition for economic development. Here leading researchers present an overview of labour market workings providing new theoretical and empirical insights.
Download or read book Working Hours and Labour Market Flows written by Petri Böckerman and published by . This book was released on 2003 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Statistics Measurement Issues written by John Haltiwanger and published by University of Chicago Press. This book was released on 2007-12-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapidly changing technology, the globalization of markets, and the declining role of unions are just some of the factors that have led to dramatic changes in working conditions in the United States. Little attention has been paid to the difficult measurement problems underlying analysis of the labor market. Labor Statistics Measurement Issues helps to fill this gap by exploring key theoretical and practical issues in the measurement of employment, wages, and workplace practices. Some of the chapters in this volume explore the conceptual issues of what is needed, what is known, or what can be learned from existing data, and what needs have not been met by available data sources. Others make innovative uses of existing data to analyze these topics. Also included are papers examining how answers to important questions are affected by alternative measures used and how these can be reconciled. This important and useful book will find a large audience among labor economists and consumers of labor statistics.
Download or read book The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates written by Robert Dixon and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment - we consider a third state - out of the labour force. Second, we study net rather than gross flows, where net refers to the balance of flows between any two labour market states. Distinguishing a third state is important because the labour market flows to and from that state are quantitatively important. Focussing on net flows simplifies the complexity of interactions between the flows and allows us to perform a dynamic analysis in a structural vector-autoregression framework. We find that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same direction.
Download or read book Working Time and Employment Routledge Revivals written by Bob Hart and published by Routledge. This book was released on 2010-07-02 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1987, this Routledge Revival reissues the first systematic and integrated analysis of working time and employment, reaching to the core elements of a vital area of labour economics. It offers both a comprehensive analysis of the impact of workweek reductions on employment and hours as well as a thorough coverage of part-time employment, temporary lay-offs, short-time working, labour subsidies, social security funding, mandatory and early retirement and collective bargaining. This book provides the first comprehensive attempt to examine carefully the key economic issues involved in the general policy debate on working time and employment. This reissue will be of serious interest to advanced undergraduates, post-graduates and researchers in labour economics, and will also be relevant to those interested in labour microeconomics, macroeconomics, business economics and management studies.
Download or read book On Gross Worker Flows in the United Kingdom written by Brian Bell and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical studies of worker flows in the United States and Europe have found that these flows are large when compared with the change in the stocks of employment and non-employment and have a distinct cyclical pattern. In the United Kingdom, studies of this kind have been hampered by limitations in the available data. In this paper we make use of newly released longitudinal data from the Labour Force Survey. We show that on average since 1993, 7.3% of those in the working-age population have changed labour market state in a given three-month period. This compares with a consistently calculated annual figure of 12.5%. In addition, we present an array of evidence to show that UK gross flows appear to follow a similar cyclical pattern to those found in other countries. We also present evidence on the potential problems that previous research may suffer from with their use of recall data to determine prior labour market status. While stocks are similar using recall or recorded labour market state, flows inferred from recall data are severely biased by recall error.
Download or read book Working Time Around the World written by Jon C. Messenger and published by Routledge. This book was released on 2007-05-31 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2007. Lee, McCann and Messenger trace the theoretical background of the concept of working time before examining recent trends in working time laws in developing countries and countries in transition. The study then shifts its focus to developments in selected countries, considering both broad trends in working time at a national level and the structure and dynamics underlying these trends. The authors provide a remarkable set of policy suggestions that preserve health and safety, are ?family- friendly?, promote gender equality, enhance productivity and facilitate workers? choice and influence over their working hours. This book will be of great interest to policy-makers engaged with working conditions or health and safety, labour market experts, trade union leaders and workers? organizations, as well as academics and researchers in the fields of industrial relations, labour economics and labour law.
Download or read book Learning and Labor Market Flows written by Katarina Borovickova and published by . This book was released on 2012 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: I study an equilibrium model labor market with firm- and worker- level uncertainty, and evaluate their relative contributions to labor market flows. These flows occur for two reasons. First, firms experience idiosyncratic productivity shocks, to which they react by hiring or shedding workers. In addition, workers switch jobs or leave their current firms for reasons related to their career development. Specifically, workers and firms learn about their match quality while the employment relationship lasts, separating if they infer that their match is poor. Firm-level productivity shocks impact the match quality of the employed workers, which captures the idea that technology is partly embodied in workers and innovation can make some workers less suitable for the new technology. For empirical investigation, I use a large panel dataset of the labor market histories of individuals in Austria. I use the calibrated model to evaluate the contribution of the different mechanisms to the labor market flows. I find that the learning about the match quality drives almost 90% of the separations, while only 10% of the worker separations can be attributed to the firm-level heterogeneity. This suggest that the worker—level heterogeneity and uncertainty is more important for explaining the magnitudes of the worker mobility.
Download or read book Worker Flows and the Employment Adjustment of Firms written by Wolter H. J. Hassink and published by . This book was released on 1996 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In recent years there has been a rapid increase in publications analysing employment changes in firms. This study contributes to this empirical literature by investigating the relationship between worker flows and the adjustment of employment. Using a unique set of data of Dutch firms over the period of 1988-1992, it discusses the various concepts of employment dynamics and focuses on the specific role of hires internal movements, disability enrolment, quits, and layoffs. One question addressed is whether firms have internal labour markets to keep their workers. It also investigates the relationship between the disability enrolment of workers and layoffs. Finally, it pays attention to the cost of layoffs and hires, relating those costs to the employment adjustment of firms."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Download or read book Labor Market Dynamics A Hidden Markov Approach written by Mr.Ippei Shibata and published by International Monetary Fund. This book was released on 2019-12-20 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a hidden state Markov model (HMM) that incorporates workers’ unobserved labor market attachment into the analysis of labor market dynamics. Unlike previous literature, which typically assumes that a worker’s observed labor force status follows a first-order Markov process, the proposed HMM allows workers with the same labor force status to have different history-dependent transition probabilities. I show that the estimated HMM generates labor market transition probabilities that match those observed in the data, while the first-order Markov model (FOM) and its many-state extensions cannot. Even compared with the extended FOM, the HMM improves the fit of the empirical transition probabilities by a factor of 30. I apply the HMM to (1) calculate the long-run consequences of separation from stable employment, (2) study evolutions of employment stability across different demographic groups over the past several decades, (3) compare the dynamics of labor market flows during the Great Recession to those during the 1981 recession, and (4) highlight the importance of looking beyond distributions of current labor force status.
Download or read book Persistence and the German Unemployment Problem written by Christoph M. Schmidt and published by . This book was released on 1999 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Assessing Job Flows Across Countries written by John C. Haltiwanger and published by World Bank Publications. This book was released on 2006 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the process of job creation and destruction across a sample of 16 industrial and emerging economies over the past decade. It exploits a harmonized firm-level data set drawn from business registers and enterprise census data. The paper assesses the importance of technological factors that characterize different industries in explaining cross-country differences in job flows. It shows that industry effects play an important role in shaping job flows at the aggregate level. Even more importantly, differences in the size composition of firms-within each industry-explain a large fraction of the overall variability in job creation and destruction. However, even after controlling for industry/technology and size factors there remain significant differences in job flows across countries that could reflect differences in business environment conditions. The authors look at one factor shaping the business environment, namely, regulations on hiring and firing of workers. To minimize possible endogeneity and omitted variable problems associated with cross-country regressions, we use a difference-in-difference approach. The empirical results suggest that stringent hiring and firing costs reduce job turnover, especially in those industries that require more frequent labor adjustment. Regulations also distort the patterns of industry/size flows. Within each industry, medium and large firms are more severely affected by stringent labor regulations, while small firms are less affected, probably because they are partially exempted from such regulations or can more easily circumvent them.
Download or read book Labour Market Adjustments in Europe written by Julian Messina and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the book is an interesting contribution to the literature on labour market practices in Europe. The important statistics and analysis conducted by the authors in the book have important implications for scholars in the international entrepreneurship field wanting to know more about the diverse labour practices in Europe. Vanessa Ratten, Journal of International Entrepreneurship It is now widely accepted that expansionary fiscal or monetary policies alone are unlikely to help Europe s ailing economies. Solving Europe s economic problems requires reform of the economic institutions that influence economic activity and the way the economy responds to macroeconomic shocks. This volume employs novel approaches to the study of some of these institutions. The group of contributors in this book come from academia and international organizations in Europe and the USA. They focus on trade unions, which affect real-wage flexibility and the provision of training to workers. They also concentrate on employment protection legislation, which discourages firms from firing old workers and also from hiring new ones. The structure of housing market imperfections that can greatly affect regional mobility is also discussed. Labour economists and scholars of European studies, as well as economic policymakers, will read Labour Market Adjustments in Europe with great interest.
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.