Download or read book The dynamics of unemployment structural change and unemployment flows written by Pramod N. Junankar and published by . This book was released on 1982 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The dynamics of unemployment written by P. N. Junankar and published by . This book was released on 1982 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Anatomy of Unemployment Flows in Great Britain written by P. N. Junankar and published by . This book was released on 1984 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Time Series Evidence of Unemployment Flows written by Monika Merz and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dynamic behavior of the unemployment rate is determined by the worker flows into and out of unemployment. The literature on the dynamics of unemployment flows typically emphasizes the following features: they simultaneously occur over the business cycle, and their size is positively linked to the unemployment rate. Unemployment flows are highly volatile, persistent and countercyclical. Inflows lead outflows over the business cycle, and inflows are more volatile than outflows. This paper investigates possible changes in the dynamics of net U.S. unemployment flows and the unemployment rate between 1948 and 1996 by subjecting all three series to rigorous diagnostic tests. These tests are designed to discover structural instabilities due to time-varying parameters in projectional relationships, one-time breaks, or shifts in the mean. Also, the variables' volatility, cyclicality, and persistence is reported for subperiods suggested by the test results. Diagnosing and documenting changes in the dynamic behavior of unemployment flows and the unemployment rate is important because it helps discriminate between constant and time-varying features, and also between statistically significant and insignificant features of the data. It is a necessary first step for identifying causes for possible changes. Diagnosing and documenting changes also has important implications for the relevance of forecasts involving the unemployment rate and unemployment flows. The test results indicate that structural breaks in bivariate projectional relationships involving inflows, outflows, and the unemployment rate are likely to have occurred around 1958 and again around 1970. The results also show that breaks are more likely to have occurred in relationships involving outflows and the unemployment rate than in those involving inflows. All variables have become more persistent. The volatility of both flows has decreased, but the reduction in volatility has been relatively larger for inflows than for outflows. Outflows have become more strongly countercyclical over time.
Download or read book The Economics of Unemployment written by James J. Hughes and published by Brighton : Wheatsheaf. This book was released on 1984 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Structural Unemployment and Aggregate Demand written by Eleanor G. Gilpatrick and published by Johns Hopkins University Press. This book was released on 1966 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: USA. Scrutiny of the various views on the persistence of high level unemployment in recent years. Analysis of the theoretical categories of structural unemployment and of the inadequate demand for labour force. Examination of changing job requirements, particularly of the skill and education aspects thereof. Economic policy implications.
Download or read book The Youth Labor Market Problem written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together a massive body of much-needed research information on a problem of crucial importance to labor economists, policy makers, and society in general: unemployment among the young. The thirteen studies detail the ambiguity and inadequacy of our present standard statistics as applied to youth employment, point out the error in many commonly accepted views, and show that many critically important aspects of this problem are not adequately understood. These studies also supply a significant amount of raw data, furnish a platform for further research and theoretical work in labor economics, and direct attention to promising avenues for future programs.
Download or read book Sectoral Transformation Turbulence and Labour Market Dynamics in Germany written by Ronald Bachmann and published by . This book was released on 2007 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unemployment Dynamics written by Hélène Turon and published by . This book was released on 2001 with total page 506 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 Uncertainty and Unemployment written by Sangyup Choi and published by International Monetary Fund. This book was released on 2015-02-23 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and sectoral channels. Using S&P500 data from the first quarter of 1957 to third quarter of 2014, we construct separate indices to measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with the impact dissipating within a year. In contrast, sectoral uncertainty has a long-lived impact on unemployment, with the peak impact occurring after two years. The results are consistent with a view that the impact of aggregate uncertainty occurs through a “wait-and-see” mechanism while increased sectoral uncertainty raises unemployment by requiring greater reallocation across sectors.
Download or read book Full Employment in a Free Society Works of William H Beveridge written by William H. Beveridge and published by Routledge. This book was released on 2014-11-27 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beveridge defined full employment as a state where there are slightly more vacant jobs than there are available workers, or not more than 3% of the total workforce. This book discusses how this goal might be achieved, beginning with the thesis that because individual employers are not capable of creating full employment, it must be the responsibility of the state. Beveridge claimed that the upward pressure on wages, due to the increased bargaining strength of labour, would be eased by rising productivity, and kept in check by a system of wage arbitration. The cooperation of workers would be secured by the common interest in the ideal of full employment. Alternative measures for achieving full employment included Keynesian-style fiscal regulation, direct control of manpower, and state control of the means of production. The impetus behind Beveridge's thinking was social justice and the creation of an ideal new society after the war. The book was written in the context of an economy which would have to transfer from wartime direction to peace time. It was then updated in 1960, following a decade where the average unemployment rate in Britain was in fact nearly 1.5%.
Download or read book Growth Employment and Migration in Southeast Asia written by Prema-chandra Athukorala and published by Edward Elgar Publishing. This book was released on 2000 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comparative analysis of growth, structural change and labour market dynamics in the Greater Mekong countries (Yunnan Province in China, Thailand, Vietnam, Cambodia, Lao PDR and Myanmar) of Southeast Asia is the first of its kind. It explores economic integration and cooperation, the possibilities for improving the functioning of labour markets and facilitating mutually beneficial labour flows in the region. The book begins with a comparative overview of policy reforms, economic performance and structural changes, focusing on economic relations in the Greater Mekong countries. It then examines the salient features of labour market structures and policies, patterns of cross-border migration, and information systems, paying attention to the similarities and differences between countries. It is especially timely in the context of economic transition from socialist systems in the three Indochina countries, the ongoing policy reforms in Yunnan Province and Myanmar, and in light of the Asian financial crisis in shaping growth trends. The analysis yields policy recommendations for improvement in labour market performance. The book will be of great interest to development and labour economists and those working in the field of Asian studies, as well as to policymakers.
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 Economics of the Labour Market written by P. N. (Raja) Junankar and published by Springer. This book was released on 2016-01-12 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book provides alternative explanations of this phenomenon. Junankar begins with surveys of the labour market: labour demand, labour supply, and labour force participation. He argues that the growth of unemployment and long-term unemployment is mainly due to a lack of aggregated demand and not due to high unemployment benefits. Economics of the Labour Market shows that unemployment and long-term unemployment impose serious and significant costs on individuals, families, and society in general. Raja Junankar focuses on vital social issues arising from the malfunctioning of economies and this collection of essays tackles the real cost of unemployment.
Download or read book Job Reallocation Employment Fluctuations and Unemployment written by Dale Mortensen and published by . This book was released on 1999 with total page 84 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.
