Download or read book Sectorial Shifts and Unemployment in Interwar Britain written by S. Lael Brainard and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sectoral Shifts and Unemployment in Interwar Britain written by S. Lael Brainard and published by . This book was released on 1992 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper measures the importance of sectoral shifts, as against aggregate shocks and changes in search intensity, in explaining the persistent high unemployment that prevailed in interwar Britain. It develops a new measure of sectoral shifts that captures the arrival of information about reallocation shocks by using the cross-section variation in sectoral stock market excess returns over time. The cross-section variation series accounts for roughly one-quarter of the average level of aggregate unemployment during the interwar period, even after controlling for a variety of shocks to aggregate demand, and for roughly one-half of the variation in unemployment, suggesting an important role for sectoral shifts.
Download or read book Sectoral Shifts in Interwar Britain written by Prakash Loungani and published by . This book was released on 1990 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sectorial shifts and unemployment in interwar Britain written by Elizabeth Brainerd and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sector Shifts and Unemployment in Interwar Britain written by S. Lael Brainard and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Structural Unemployment and Public Policy in Interwar Britain written by Prakash Loungani 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 Sectoral Shifts and Cyclical Unemployment Reconsidered written by S. Lael Brainard and published by . This book was released on 1990 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the importance of sectoral reallocation and cyclical unemployment; in the postwar US economy. It develops a new measure of reallocation shocks based on the variance of industry stock market excess returns over time, termed cross section volatility. Data on unemployment and vacancies is used to establish that the cross section volatility series is effective in isolating reallocation shocks. The series is then used to measure the contribution of reallocation shocks to aggregate unemployment and to unemployment; of varying durations. On average, about 40 percent of aggregate unemployment is explained by reallocation, but much of the variance of unemployment through time is better explained by cyclical shocks. Reallocation shocks account; for a relatively larger share of long duration unemployment.
Download or read book Work and Pay in Twentieth century Britain written by N. F. R. Crafts and published by Oxford University Press. This book was released on 2007 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 20th century was a period of unrivalled change in the British labour market. Covering topics from lifetime work patterns and education to unemployment and the welfare state, this volume charts the transformation of work and pay across the 20th century. It provides the labour focused history of Britain.
Download or read book The Analysis of Unemployment in Interwar Britain written by T. J. Hatton and published by . This book was released on 1985 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization written by Bent Jesper Christensen and published by Springer. This book was released on 2017-03-07 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume uses cutting-edge theory and empirical analysis of channels of international interaction to build new knowledge about strategies of entrepreneurs, domestic and multinational firms, governments, and international organizations facing increasing globalization. The ongoing process of globalization implies the continuing expansion and intensification of economic, political, social, cultural and judicial relations across borders. It is furthered by reductions in transportation and communication costs, the rise of new information technologies, such as the internet, and liberalizations in the markets for goods, services, labor, capital, and technology. Globalization presents new opportunities to some, but risks and threats to others. The volume presents new research and findings by leading scholars on international trade, labor markets, financial markets, economic integration, political science, law, management, the humanities, developing countries, and international relations.
Download or read book Interwar Unemployment in International Perspective written by Barry J. Eichengreen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: High unemployment has been one of the most disturbing features of the economy of the 1980s. For a precedent, one must look to the interwar period and in particular to the Great Depression of the 1930s. It follows that recent years have been marked by a resurgence of interest amongst academics in interwar unemployment. The debate has been contentious. There is nothing like the analysis of a period which recorded rates of un employment approaching 25 per cent to highlight the differences between competing schools of thought on the operation of labour markets. Along with historians, economists whose objective is to better understand the causes, character and consequences of contemporary unemployment and sociologists seeking to understand contemporary society's perceptions and responses to joblessness have devoted increasing attention to this his torical episode. Like many issues in economic history, this one can be approached in a variety of ways using different theoretical approaches, tools of analysis and levels of disaggregation. Much of the recent literature on the func tioning of labour markets in the Depression has been macroeconomic in nature and has been limited to individual countries. Debates from the period itself have been revived and new questions stimulated by modem research have been opened. Many such studies have been narrowly fo cused and have failed to take into account the array of historical evidence collected and anal~sed by contemporaries or reconstructed and re- inter preted by historians.
Download or read book Nominations of Dr Lael Brainard Mary John Miller and Charles Collyns written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2009 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nominations Of Stanley Fischer Jerome H Powell Lael Brainard Gustavo Velasquez Aguilar and J Mark McWatters written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2014 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Juvenile Unemployment in Interwar Britain written by Barry J. Eichengreen and published by . This book was released on 1987 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exploring General Equilibrium written by Fischer Black and published by MIT Press. This book was released on 1995 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The general equilibrium approach, Black asserts, can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain the volatility of consumption, output, sales, investment, and inventories with axiomatic utility and constant-returns-to-scale production. It can explain temporary layoffs, job changes with and without intervening unemployment, and the behavior of vacancies. It can explain lower wages in part-time jobs, wages that increase rapidly with time on the job, and the forces that cause migration from poor to rich countries. Although the general equilibrium approach cannot be tested in conventional ways, it can be used to generate examples that explain stylized facts - generalized observations from the real world - that have preoccupied macroeconomists for the last decade. Black contrasts his interpretation of these facts with conventional views. Finally, he reviews a substantial body of literature on these topics.
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1992 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper Series written by and published by . This book was released on 1992 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:
