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Author: Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Research paper presenting a micro-economic model of labour supply for part time employment in the USA - using matched CPS data from 1973 surveys and the theoretical framework of work-leisure choice, analyses the effects of socioeconomic and labour market influences (incl. Sex, age, race, marital status, family size, age of children, etc.), on part time labour supply. Bibliography pp. 62 to 67 and references.
Author: Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Research paper presenting a micro-economic model of labour supply for part time employment in the USA - using matched CPS data from 1973 surveys and the theoretical framework of work-leisure choice, analyses the effects of socioeconomic and labour market influences (incl. Sex, age, race, marital status, family size, age of children, etc.), on part time labour supply. Bibliography pp. 62 to 67 and references.
Author: David G. Blanchflower Publisher: MIT Press ISBN: 9780262023757 Category : Business & Economics Languages : en Pages : 504
Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards Publisher: ISBN: Category : Full employment policies Languages : en Pages : 294
Author: Christopher J. Flinn Publisher: MIT Press ISBN: 0262288761 Category : Business & Economics Languages : en Pages : 321
Book Description
The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.
Author: 
Author: 
Author: Robert W. Bednarzik
Author: 
Author: United States. Department of Labor. Office of Information
Author: David G. Blanchflower
Author: United States. Department of Labor
Author: United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards
Author: 
Author: John K. Dagsvik
Author: Christopher J. Flinn