Download or read book Macroeconomic Adjustment with Segmented Labor Markets written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1994-05-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the macroeconomic effects of fiscal and labor market policies in developing countries. The basic framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency considerations and minimum wage laws. The basic model is then extended to account for unemployment benefits, income taxation, and imperfect labor mobility across sectors. The analysis indicates, among other results, that a reduction in unemployement benefits has a positive effect on output of tradable goods by lowering both the level of efficiency wages and the relative rent captured by skilled workers.

Download or read book Labor Market Segmentation in a Two Sector Model of An Open Economy written by Mr.Dimitri G. Demekas and published by International Monetary Fund. This book was released on 1990-04-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines formally the effects of labor market segmentation in a two-sector open economy model. The model demonstrates how the structure of the labor market affects the real exchange rate, defined as the relative price of traded and home goods, and is then used to examine the effects of two common labor market policies: increasing the degree of primary market coverage, and implementing wage restraint in the primary market. It is shown that increasing the degree of primary market coverage increases unemployment and leads to a real appreciation. Real wage restraint in the primary market, on the other hand, reduces unemployment, and has ambiguous but probably small effects on the real exchange rate.

Download or read book The Dynamics of Labour Market Segmentation written by Frank Wilkinson and published by Elsevier. This book was released on 2013-10-24 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dynamics of Labour Market Segmentation is a collection of different papers about the importance of differentiation between groups of workers and the development of employer strategies for controlling the labor process in the market. The book is divided into five parts. Part I discusses the nature of segmentation, duality, the internal labor market, internationalization, and discrimination. Part II tackles the industrial transformation and the evolution of dual labor markets and the paternalism and labor market segmentation theory, and Part III deals with topics such as entrepreneurial strategies of adjustment and internal labor markets; artisan production and economic growth; and outwork and segmented labor markets. Part IV covers the construction of women as second-class workers and the social reproduction and the basic structure of the labor market; Part V explores the labor market segmentation and the business cycle and the relationship between employment and output. The text is recommended for entrepreneurs who wish to understand the labor market as well as social scientists who would like to know the implications of the labor market segmentation not only for the marketplace but also for society as a whole.

Download or read book Equilibria with Unemployment in Segmented Labor Markets written by Mr.Dimitri G. Demekas and published by International Monetary Fund. This book was released on 1990-04-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper proves four theorems in an n-sector model of a segmented labor market, with search costs, and a continuum of workers with different reservation wages, who can apply to any number of sectors. The main conclusions are that: (i) an equilibrium with unemployment always exists; and (ii) some of the unemployment is involuntary, in the sense that it consists of workers with reservation wages below the equilibrium wage in the secondary market. These conclusions hold in the case of both separate and non-separate markets.

Download or read book Segmented Labor Markets and Unemployment written by Assar Lindbeck and published by . This book was released on 1991 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Theories of labour market segmentation written by Ray Loveridge and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objectives of this book are: to review and develop a framework of key analytical concepts in the field of labour market segmentation; to develop and test these concepts against available data; to indicate weaknesses in the data in the light of the analysis; to offer a critique of manpower policies in some European countries in the light of the foregoing analysis; and to indicate areas of further research. The authors hope that this survey of the literature and the comments that accompany it will prove useful to policy makers and students alike. The authors woulp like to acknowledge the role of the Directorate General for Social Affairs of the European Community, Brussels, in initiating and supporting the production of this volume of criticism and discussion. We have especially appreciated the role of David White, on whose advice we came to rely in directing our critique upon the application of segmental theory to matters of labour market policy. Others whose help and advice we have relied on are John Morley, also of the European Community, Peta Small, who typed the several drafts, and our respective wives and families whose encouragement and discreet silences enabled us to get past the nth draft.

Download or read book Labor Markets and Employment Relationships written by Joyce Jacobsen and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis

Download or read book From Segmentation to Flexibility written by Samuel Rosenberg and published by . This book was released on 1987 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Debt Investment and Growth in Developing Countries with Segmented Labor Markets written by Mr.Edward F Buffie and published by International Monetary Fund. This book was released on 2020-06-19 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector. These features allow for a deeper examination of macroeconomic and fiscal policy programs and their impact on labor market outcomes, inequality, and poverty. The paper illustrates the model's properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective than investment in infrastructure in promoting long-run economic development when investments earn their average estimated returns. The decision about how much to invest in human capital versus infrastructure involves, however, an acute intertemporal trade-off. Because investment in education affects labor productivity with a long lag, it takes 15+ years before net national income, the private capital stock, real wages for the poor, and formal sector employment surpass their counterparts in a program that invests mainly in infrastructure. The ranking of alternative investment programs depends on the policymakers' social discount rate and on the weight of distributional objectives in the social welfare function.

Download or read book Macroeconomic Adjustment with Segmented Labor Markets written by Pierre-Richard Agenor and published by . This book was released on 2006 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the macroeconomic effects of fiscal and labor market policies in developing countries. The basic framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency considerations and minimum wage laws. The basic model is then extended to account for unemployment benefits, income taxation, and imperfect labor mobility across sectors. The analysis indicates, among other results, that a reduction in unemployement benefits has a positive effect on output of tradable goods by lowering both the level of efficiency wages and the relative rent captured by skilled workers.

Download or read book Labor Market Data Needs from the Perspective of dual Or segmented Labor Market Research written by Bennett Harrison and published by . This book was released on 1979 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Labor Economics Problems in Analyzing Labor Markets written by William A. Darity, Jr. and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Darity, Jr. In 1984 the Kluwer series in Modern Economic Thought, under the editorial direction of Warren Samuels, brought out a book under my editorship entitled Labor Economics: Modern Views. It consisted of a series of essays and commentaries that sought, in a critical fashion, to assess the state of the art in the field of labor economics with respect to several themes. These included methodology versus practice, the analysis of discrimination by gender and race, the phenomenon of persistent racial differences in un employment exposure, occupational safety and health regulation, dual versus segmented labor markets, and the remnants of the Phillips curve trade-off between unemployment and inflation. Nearly a decade later I was approached by Warren Samuels and Kluwer about editing a new book that would again address where things stand in labor economics. In proceeding with the development of this current book I was a struck by the extent to which the research thrust that was apparent in the early 1980s remains intact as we move toward the 21st century. The vast majority of scholarship in the labor subfield is dominated by the methodological orientation of applied neoclassical microeconomics, supplemented by incursions from the themes that occupy the so-called "pure theorists," particularly of the game theoretic variety.

Download or read book Equilibria with Unemployment in Segmented Labor Markets written by Dimitri G. Demekas and published by . This book was released on 2006 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper proves four theorems in an n-sector model of a segmented labor market, with search costs, and a continuum of workers with different reservation wages, who can apply to any number of sectors. The main conclusions are that: (i) an equilibrium with unemployment always exists; and (ii) some of the unemployment is involuntary, in the sense that it consists of workers with reservation wages below the equilibrium wage in the secondary market. These conclusions hold in the case of both separate and non-separate markets.

Download or read book Transitions in Segmented Labor Markets written by Silke Woltermann and published by Peter Lang Publishing. This book was released on 2004 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investigates the role of informal dependent employment on the allocation of workers into formal employment in general and on the choice of job search channels in particular.

Download or read book Segmented Labor Markets and Labor Mobility written by Michael Reich and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Reich PART I PIONEERING STATEMENTS `Low-Income Employment and the Disadvantaged Labor Force', and `Quantitative Analysis of Worker Instability in the Low-Income Labor Market' in Internal Labor Markets and Manpower Analysis, Chapter 8 and Appendix, Lexington, MA: D.C. Heath and Company, 163-83, 184-88 3 (26) Peter B. Doeringer Michael J. Piore `The Dual Labor Market: Theory and Implications', in David M. Gordon (ed.), Problems in Political Economy: An Urban Perspective, Lexington, MA: D.C. Heath and Company, 90-94 29 (5) Michael Piore `A Theory of Labor Market Segmentation', American Economic Review, 63 (2), May, 359-65 34 (7) Michael Reich David M. Gordon Richard C. Edwards `The Period of Consolidation: World War II to 1970s' and `Evidence for the Segmentation Hypothesis' excerpts from Chapter 5, `The Segmentation of Labor: 1920s to the Present', in Segmented Work, Divided Workers: The Historical Transformation of Labor in the United States, Cambridge: Cambridge University Press, 185-215, notes, references 41 (40) David M. Gordon Richard Edwards Michael Reich PART II EARLY DEBATES `An Empirical Study of Labor Market Segmentation', Industrial and Labor Relations Review, 28 (4), July, 508-23 81 (16) Paul Osterman `The Challenge of Segmented Labor Market Theories to Orthodox Theory: A Survey', Journal of Economic Literature, 14 (4), December, 1215-57 97 (43) Glen G. Cain `Structured Labour Markets, Worker Organisation and Low Pay', Cambridge Journal of Economics, 2 (1), March, 17-36 140 (20) Jill Rubery `Male Occupational Standing and the Dual Labor Market', Industrial Relations, 19 (1), Winter, 34-49 160 (16) Sam Rosenberg `Segmentation, Duality and the Internal Labour Market', in Frank Wilkinson (ed.), The Dynamics of Labour Market Segmentation, London and New York, NY: Academic Press, 3-20, references 176 (20) Paul Ryan `Economic Dualism and Employment Stability', Industrial Relations, 22 (3), Fall, 410-18 196 (11) Robert Buchele PART III THEORETICAL MODELS AND ECONOMETRIC EVIDENCE `Wages and Employment in a Segmented Labor Market', Quarterly Journal of Economics, 100 (4), November, 1115-41 207 (27) Ian M. McDonald Robert M. Solow `A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination, and Keynesian Unemployment', Journal of Labor Economics, 4 (3, Part I), 376-414 234 (39) Jeremy I. Bulow Lawrence H. Summers `Labor Market Segmentation Theory: Reconsidering the Evidence', in William Darity, Jr. (ed.), Labor Economics: Problems in Analyzing Labor Markets, Chapter 5, Boston, MA: Kluwer Academic Publishers, 141-80 273 (42) William T. Dickens Kevin Lang PART IV INSTITUTIONAL APPROACHES `Getting a Good Job: Mobility in a Segmented Labor Market', Industrial Relations, 30 (3), Fall, 396-416 315 (21) Howard Wial `Internal and External Labour Markets: Towards an Integrated Analysis', in Jill Rubery and Frank Wilkinson (eds), Employer Strategy and the Labour Market, Chapter 1, Oxford: Oxford University Press, 37-68, references 336 (35) Jill Rubery `Divide and Conquer in Australia: A Study of Labor Segmentation', Review of Radical Political Economics, 27 (1), 25-70 371 (48) Robert Drago PART V IMMIGRANTS, GENDER AND RACE/ETHNICITY `Spatial Mismatch and Labor Market Segmentation for African-American and Latina Women', Economic Geography, 68 (4), October, 406-31 419 (26) Sara McLafferty Valerie Preston `Hispanic Immigration and Labor Market Segmentation', Industrial Relations, 27 (2), Spring, 195-214 445 (20) Gregory DeFreitas `Labor Market Segmentation: African American and Puerto Rican Labor in New York City, 1960-1980', in James B. Stewart (ed.), African Americans and Post-Industrial Labor Markets, Chapter 10, New Brunswick, NJ and London: Transaction Publishers, 205-23 465 (20) Andres Torres Name Index 485 Acknowledgements vii An introduction by the editor to both volumes appears in Volume I PART I OVERVIEWS `From Segmentation to Flexibility', Labour and Society, 14 (4), October, 363-407 3 (45) Sam Rosenberg `Rethinking Employment', British Journal of Industrial Relations, 33 (4), Special Issue, December, 563-602 48 (40) Peter Cappelli `Changes in the Structure and Quality of Jobs in the United States: Effects by Race and Gender, 1973-1990', Industrial and Labor Relations Review, 48 (3), April, 420-40 88 (21) Maury B. Gittleman David R. Howell `Labour Markets and Flexibility in the 1990s: The Europe-USA Opposition Revisited', International Review of Applied Economics, 13 (3), September, 269-79 109 (11) Francesca Bettio Samuel Rosenberg `Lousy and Lovely Jobs: The Rising Polarization of Work in Britain', Review of Economics and Statistics, 89 (1), February, 118-33 120 (19) Maarten Goos Alan Manning PART II THE GROWTH OF TEMPORARY JOBS IN EUROPE `Temporary Jobs: Stepping Stones or Dead Ends?', Economic Journal, 112 (480), June, F189-F213 139 (25) Alison L. Booth Marco Francesconi Jeff Frank `Temporary Employment in Europe: Characteristics, Determinants and Outcomes', Brussels Economic Review, 48 (1-2), 13-41 164 (29) Anna Cristina D'Addio Michael Rosholm `The Incidence of Temporary Employment in Advanced Economies: Why is Spain Different?', European Sociological Review, 22 (1), February, 61-78 193 (20) Javier G. Polavieja PART III GENDER, IMMIGRANT STATUS AND RACE `Female Dual Labour Markets and Employee Benefits', Scottish Journal of Political Economy, 52 (1), February, 18-37 213 (20) T. Ghilarducci M. Lee `Immigration, Labor Market Mobility, and the Earnings of Native-Born Workers: An Occupational Segmentation Approach', American Journal of Economics and Sociology, 65 (2), April, 313-45 233 (36) Roberto Pedace PART IV ECONOMETRIC CONTROVERSIES REDUX `Segmented Labour Markets: Theory and Evidence', Journal of Economic Surveys, 12 (1), 63-101 269 (39) Marianthi Rannia Leontaridi `Segmented Labour Markets: A Critical Survey of Econometric Studies', Caledonian Business School, Glasgow Caledonian University Working Paper No. 36, October, 2-30, references 308 (37) Emily Thomson PART V FLEXICURITY `Labour Market Flexibility and Decent Work', Presentation at UNDESA Development Forum on Productive Employment and Decent Work, 8-9 May, 2-15 345 (14) Gerry Rodgers `Employment and Decent Work in the Era of ``Flexicurity''', UNDESA Development Forum on Productive Employment and Decent Work, Working Paper No. 32, ST/ESA/2006/DWP/32, September, 1-23 359 (24) Robert Boyer Name Index 383.

Download or read book The Creation of Employment in Segmented Labour Markets written by Gerry Rodgers and published by . This book was released on 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.