Download or read book Uncertainty and the Labour Market written by C. J. McKenna and published by . This book was released on 1985 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 A Study in the Theory of the Labour Market Under Uncertainty written by Christopher John MacKenna and published by . This book was released on 1982 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Uncertainty and the Employment Dynamics of Small and Large Businesses written by Vivek Ghosal and published by International Monetary Fund. This book was released on 2015-01-14 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to focus on the relatively smaller and entrepreneurial businesses. We discuss implications for the framing of economic policy.
Download or read book Developments in Labour Market Analysis written by Caroline Joll and published by Routledge. This book was released on 2018-12-07 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1983. This text is designed to enable intermediate and advanced students to attain familiarity with the theoretical concepts used in labour market analysis, and to apply them fruitfully to the economic problem of labour markets. Each chapter of Section I deals with a different theoretical development of the basic labour market model of utility maximising labour supply and the marginal productivity theory of labour demand. In addition, the authors discuss in depth uncharted territory including the analysis of uncertainty and discrimination in labour markets and advances in human capital theory, in each case covering the implications both for equity and the efficient allocation of resources. Each chapter of Section II analyses an important economic problem - for instance wage determination, unemployment and inflation - using the theoretical insights derived from Section I. The contributions of different theoretical developments are assessed by reference to the current state of empirical research into labour market problems. This book stresses the interaction between labour market mechanisms and also between market and non-market forces in the belief that this will lead to a greater understanding of the operation of the labour market than can be gained by viewing each theoretical development in isolation from the others.
Download or read book Covid 19 and uncertainty in the labour market written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Tolls of Uncertainty written by Sarah Damaske and published by Princeton University Press. This book was released on 2021-05-25 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Although media outlets dubbed the Great Recession of 2007-2009 a 'man-cession' because men's job losses were double women's at first, women experienced greater job loss after the so-called 'conclusion' of the recession and recovered jobs at a slower rate than men. Women also appeared to face greater economic consequences of job loss: they were more likely than men to experience hunger and deprivation. These trends bring us to the first puzzle at the heart of this book: do women and men experience job loss and its effects differently? Using in-depth interviews from 100 people from rural and urban counties in Pennsylvania, Sarah Damaske investigates how men and women of different classes lose jobs, experience the economic and social ramifications of their unemployment in their own lives and their family life, and begin to search for work again"--
Download or read book Inflation Dynamics and the Great Recession written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2011-06-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation over 2008-2010: inflation should have fallen by more than it did. We resolve this puzzle with two modifications of the Phillips curve, both suggested by theories of costly price adjustment: we measure core inflation with the median CPI inflation rate, and we allow the slope of the Phillips curve to change with the level and vairance of inflation. We then examine the hypothesis of anchored inflation expectations. We find that expectations have been fully "shock-anchored" since the 1980s, while "level anchoring" has been gradual and partial, but significant. It is not clear whether expectations are sufficiently anchored to prevent deflation over the next few years. Finally, we show that the Great Recession provides fresh evidence against the New Keynesian Phillips curve with rational expectations.
Download or read book Globalization Uncertainty and Women s Careers written by Hans-Peter Blossfeld and published by Edward Elgar Publishing. This book was released on 2006-06-27 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, Uncertainty and Women's Careers assesses the effects of globalization on the life courses of women in thirteen countries across Europe and America in the second half of the 20th century. The book represents the first-ever longitudinal analysis of micro-level data from these OECD countries focusing exclusively on women's relationship to the labor market in a globalizing world. The contributors thoroughly examine women's employment entries, exits and job mobility and present evidence of women's increased labor market attachment and reduced employment quality in most of the countries studied. They also systematically consider the life course changes influenced by larger transformations in society and, in doing so, explicitly link the phenomena of globalization to individual women's lives in Europe and North America.
Download or read book Developments in Labour Market Analysis written by Caroline Joll and published by Routledge. This book was released on 2018-12-07 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1983. This text is designed to enable intermediate and advanced students to attain familiarity with the theoretical concepts used in labour market analysis, and to apply them fruitfully to the economic problem of labour markets. Each chapter of Section I deals with a different theoretical development of the basic labour market model of utility maximising labour supply and the marginal productivity theory of labour demand. In addition, the authors discuss in depth uncharted territory including the analysis of uncertainty and discrimination in labour markets and advances in human capital theory, in each case covering the implications both for equity and the efficient allocation of resources. Each chapter of Section II analyses an important economic problem - for instance wage determination, unemployment and inflation - using the theoretical insights derived from Section I. The contributions of different theoretical developments are assessed by reference to the current state of empirical research into labour market problems. This book stresses the interaction between labour market mechanisms and also between market and non-market forces in the belief that this will lead to a greater understanding of the operation of the labour market than can be gained by viewing each theoretical development in isolation from the others.
Download or read book Globalization Uncertainty and Men s Careers written by Hans-Peter Blossfeld and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, argue the contributors to this book, has remarkably accelerated social and economic change in modern societies. One such change is manifested in the world of work and careers. This book explores whether the forces of globalization affect the erosion of standard career patterns of mid-career men in twelve OECD countries. Overwhelming evidence against the 'individualization of inequality' thesis is provided - it is argued that equality remains largely stratified by factors such as occupational class and educational level, and in some countries has even grown over time.
Download or read book Monetary Policy Under Uncertainty in an Estimated Model with Labour Market Frictions written by Luca Sala and published by . This book was released on 2008 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Structural Changes in U S Labour Markets Causes and Consequences written by Randall E. Eberts and published by Routledge. This book was released on 2019-07-26 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers resulting from the Wage Structure Conference held by the Federal Research Bank of Cleveland, November 1989, helps explain labour market behaviour in that period. The contributors - academic and research economists in labour economics - provide a comprehensive assessment of the current state of the wage-setting process in the US labour market.
Download or read book Internet and Network Economics written by Amin Saberi and published by Springer. This book was released on 2010-12-06 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 6th International Workshop on Internet and Network Economics, WINE 2010, held in Stanford, USA, in December 2010. The 52 revised full papers presented were carefully reviewed and selected from 95 submissions. The papers are organized in 33 regular papers and 19 short papers.
Download or read book Labour Market Changes and Job Insecurity written by Jane E. Ferrie and published by WHO Regional Office Europe. This book was released on 1999 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is the result of a symposium focusing on the anxieties that arise from changes in the world of work in Europe. The book seeks to draw attention to the changing nature of work, trends in labour market policies and the increase in job insecurity, which creates chronic unemployment.
Download or read book Unemployment and Underemployment written by Justin Healey and published by . This book was released on 2021-07 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Australia’s economy recovers from the coronavirus pandemic, jobs growth is bouncing back in most sectors, in spite of disruptions from lockdowns and many workers being based at home. Meanwhile, the recent modest rise in the JobSeeker payment has been broadly criticised as insufficient to help recipients find work and keep up with the costs of living, entrenching financial stress and mental distress, and affecting motivation and skills. Of additional concern is the rate of underemployment, which has overtaken the jobless rate. Most new jobs being created are in part-time, casual or insecure gig work, affecting a higher proportion of young people. Is job insecurity now the norm for many Australians? This title explains the fundamentals around the measurement and types of unemployment and reveals who it most affects. It also examines the latest employment trends and impacts of casualisation on job security. Government policies and social sector strategies for tackling the economic and social consequences of unemployment and underemployment are also featured. Finding a job, and indeed enough employment, can be hard work in itself.
Download or read book Globalization Uncertainty and Late Careers in Society written by Hans-Peter Blossfeld and published by Routledge. This book was released on 2006-09-27 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has been strongly shaping and transforming both national economies and individual careers in recent decades. These profound changes have had significant consequences for individual careers of men and women both during and after their employment career. This impressive new collection focuses on the effects of the globalization process on late-midlife workers and the exit from employment – a relationship that has up to now mostly been neglected in social science literature on aging and employment. The research documented within these pages poses several important questions: * Has globalization produced fundamental shifts in late-midlife workers’ labor market participation and late careers? * What transformations in old age career mobility can we observe? * How are these transformations filtered by different national institutional settings? With an impressive array of contributions, this volume will interest students and academics involved in the study of sociology, welfare and globalization.
