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Income Distribution, Growth and Unemployment

Income Distribution, Growth and Unemployment PDF Author: Ferri, Piero
Publisher: Edward Elgar Publishing
ISBN: 1802206019
Category : Business & Economics
Languages : en
Pages : 264

Book Description
Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.

Income Distribution, Growth and Unemployment

Income Distribution, Growth and Unemployment PDF Author: Ferri, Piero
Publisher: Edward Elgar Publishing
ISBN: 1802206019
Category : Business & Economics
Languages : en
Pages : 264

Book Description
Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.

Why Good People Can't Get Jobs

Why Good People Can't Get Jobs PDF Author: Peter Cappelli
Publisher: University of Pennsylvania Press
ISBN: 1613630131
Category : Business & Economics
Languages : en
Pages : 109

Book Description
Peter Cappelli confronts the myth of the skills gap and provides an actionable path forward to put people back to work. Even in a time of perilously high unemployment, companies contend that they cannot find the employees they need. Pointing to a skills gap, employers argue applicants are simply not qualified; schools aren't preparing students for jobs; the government isn't letting in enough high-skill immigrants; and even when the match is right, prospective employees won't accept jobs at the wages offered. In this powerful and fast-reading book, Peter Cappelli, Wharton management professor and director of Wharton's Center for Human Resources, debunks the arguments and exposes the real reasons good people can't get hired. Drawing on jobs data, anecdotes from all sides of the employer-employee divide, and interviews with jobs professionals, he explores the paradoxical forces bearing down on the American workplace and lays out solutions that can help us break through what has become a crippling employer-employee stand-off. Among the questions he confronts: Is there really a skills gap? To what extent is the hiring process being held hostage by automated software that can crunch thousands of applications an hour? What kind of training could best bridge the gap between employer expectations and applicant realities, and who should foot the bill for it? Are schools really at fault? Named one of HR Magazine's Top 20 Most Influential Thinkers of 2011, Cappelli not only changes the way we think about hiring but points the way forward to rev America's job engine again.

NBER Macroeconomics Annual 2021

NBER Macroeconomics Annual 2021 PDF Author: Martin Eichenbaum
Publisher: University of Chicago Press
ISBN: 0226821722
Category : Business & Economics
Languages : en
Pages : 491

Book Description
The NBER Macroeconomics Annual 2021 presents research-central issues in contemporary macroeconomics. Robert Hall and Marianna Kudlyak examine unemployment dynamics during economic recoveries. They present new empirical findings and explore models in which the labor market gradually draws down the stock of unemployed workers in the aftermath of a downturn. Titan Alon, Sena Coskun, Matthias Doepke, David Koll, and Michèle Tertilt analyze the relative decline in employment of women during the COVID-19 pandemic and the associated global recession. They show that increased childcare needs, which fell more heavily on women, and differences in occupations both contributed. In the case of the US, however, each of these factors account for less than 20% of the gender gap in hours worked during the pandemic. Richard Rogerson and Johanna Wallenius study the employment rates of older workers in OECD countries over the last forty years. An expansion of institutions incentivizing retirement, concurrent with negative aggregate shocks between 1970 and 1995, led to falling employment rates. This trend started to reverse in the mid-1990s when many of these institutions, such as public pension programs, were cut back. Michael Barnett, William Brock, and Lars Peter Hansen explore the consequences of risk, ambiguity, and model misspecification in climate policy design. They consider carbon emissions pricing and the effects of different sources of uncertainty—such as future information about environmental damage, uncertainties in carbon and temperature dynamics and damage functions, and the role of future green technologies—on policy design. Michael Kremer, Jack Willis, and Yang You present new evidence suggesting a steady trend toward income convergence across countries since the late 1980s. They find convergence in various determinants of economic growth across countries and a flattening of the relationship between growth and these determinants. The paper challenges theories of growth arising after earlier rejections of the neoclassical growth model.

Protecting the U.S. Population’s Health Against Potential Economic Recessions and High Unemployment and the Endemic Inflation of Health Care Costs

Protecting the U.S. Population’s Health Against Potential Economic Recessions and High Unemployment and the Endemic Inflation of Health Care Costs PDF Author: Fritz Dufour
Publisher: Fritz Dufour
ISBN:
Category : Medical
Languages : en
Pages : 307

Book Description
This book has three main parts: (1) the challenges of the U.S. health care system; (2) the impacts of economic recessions and high unemployment on the U.S. population’s health; and (3) recommendations or a look into what might improve the health care system. Part I, through a dissection of the challenges faced by the U.S. health care system, exposes the particularities and the vulnerabilities of the system. It shows the role played by businesses and employment in the U.S. population’s health and describes major challenges of the health care system such as astronomical health care costs, the average family health spending – which is exceedingly high, wasteful spending, death due to inaccessibility to health care, and the hardships that medical costs created for more than half of Americans. Part II is an analysis as to why do economic recessions have health implications. That analysis is done by considering the health implications of economic recessions both at the micro and macroeconomic levels and by considering the societal costs of uninsurance or inaccessibility to health care due to economic recessions and high unemployment. Part III primarily focuses on what can make the system better, that is more efficient and more cost-effective. Ironically, as Part III argues, there are a myriad of feasible recommendations that are waiting to be fully explored, agreed upon, adopted and implemented nationwide: · Design labor and fiscal policies aimed at preventing economic recessions and high unemployment o Blend labor and fiscal policies into structural reforms · Create job security and take other steps that guarantee health care security during financial hardship · Improve health outcomes through nationwide permanent supportive housing to combat chronic homelessness during economic recessions and high unemployment · Prioritize the use of more cost-effective medical technologies o Promote telemedicine to reduce costs and improve accessibility to health care · Eliminate health disparities thanks to the democratization of health care · Promote health literacy and the valorization of communities · Design policies or procedures that 1) promote health care costs reduction and efficiency through affordable insurance coverage and 2) eliminate Wasteful spending: o Extend drug coverage and implement cost-effective pricing policies o Extend coverage of more medical procedures and implement cost-effective policies On the other hand, Part III also sells the idea of a thorough and bold revolution in our health care system, which would make health care a right of citizenship. It does so by analyzing the political, social, ethical, and economic aspects of the issue. Furthermore, it argues that the relationship between universal health care and economics justifies the notion of “health care as a right of citizenship.”

Labor, Credit, and Goods Markets

Labor, Credit, and Goods Markets PDF Author: Nicolas Petrosky-Nadeau
Publisher: MIT Press
ISBN: 0262036452
Category : Business & Economics
Languages : en
Pages : 271

Book Description
An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.

Welfare Regimes and the Experience of Unemployment in Europe

Welfare Regimes and the Experience of Unemployment in Europe PDF Author: Duncan Gallie
Publisher: OUP Oxford
ISBN: 0191584762
Category : Political Science
Languages : en
Pages : 438

Book Description
The book is the first major study to examine the implications of differences in welfare regimes for the experience of unemployment in Europe. It is concerned with three central questions about the way such regimes affect the experience of unemployment. The first is how far they protect the quality of life of unemployed people with respect to living standards and the experience of financial hardship. The second is their role in mediating the impact of unemployment on the individual's longer-term position in the labour market, addressing the issue of how far they help to prevent progressive marginalization from the employment structure as a result of motivational change, skill loss or the growth of discriminatory barriers. The third is how far such regimes mediate the impact of unemployment on social integration in the community, for instance with respect to the maintenance (or rupture) of social networks and the degree of psychological distress experienced by the unemployed. The book is the product of a major cross-cultural research programme, funded by the European Union (TSER), bringing together teams from eight countries. The emphasis has been on rigorous comparison rather than the all-too-frequent separate country analyses, which usually provide data which differs in format from one country to another. In addition to a systematic comparison of national data sources, it has been able to make use of a new important data source (the European Community Household Panel) produced by Eurostat which provides directly comparable information for all EU countries. The study shows that institutional and cultural differences have vital implications for the experience of unemployment. While welfare policies affect in an important way the pervasiveness of poverty, it is above all the patterns of family structure and the culture of sociability in a society that affect vulnerability to social isolation. The book concludes by developing a new perspective for understanding the risk of social exclusion.

Handbook of Macroeconomics

Handbook of Macroeconomics PDF Author: John B. Taylor
Publisher: Elsevier
ISBN: 0444594884
Category : Business & Economics
Languages : en
Pages : 3009

Book Description
Handbook of Macroeconomics Volumes 2A and 2B surveys major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues, including fiscal, monetary, and regulatory policies to deal with crises, unemployment, and economic growth. As this volume shows, macroeconomics has undergone a profound change since the publication of the last volume, due in no small part to the questions thrust into the spotlight by the worldwide financial crisis of 2008. With contributions from the world's leading macroeconomists, its reevaluation of macroeconomic scholarship and assessment of its future constitute an investment worth making. - Serves a double role as a textbook for macroeconomics courses and as a gateway for students to the latest research - Acts as a one-of-a-kind resource as no major collections of macroeconomic essays have been published in the last decade - Builds upon Volume 1 by using its section headings to illustrate just how far macroeconomic thought has evolved

Essential Economics

Essential Economics PDF Author: Matthew Bishop
Publisher: Bloomberg Press
ISBN: 9781861975805
Category : Business & Economics
Languages : en
Pages : 282

Book Description


NBER Macroeconomics Annual 2014

NBER Macroeconomics Annual 2014 PDF Author: Jonathan A. Parker
Publisher: University of Chicago Press
ISBN: 022626887X
Category : Business & Economics
Languages : en
Pages : 444

Book Description
The twenty-ninth edition of the NBER Macroeconomics Annual continues its tradition of featuring theoretical and empirical research on central issues in contemporary macroeconomics. Two papers in this year’s issue deal with recent economic performance: one analyzes the evolution of aggregate productivity before, during, and after the Great Recession, and the other characterizes the factors that have contributed to slow economic growth following the Great Recession. Another pair of papers tackles the role of information in business cycles. Other contributions address how assumptions about sluggish nominal price adjustment affect the consequences of different monetary policy rules and the role of business cycles in the long-run decline in the share of employment in middle-wage jobs. The final chapter discusses the advantages and disadvantages of the elimination of physical currency.

Back to Full Employment

Back to Full Employment PDF Author: Robert Pollin
Publisher: MIT Press
ISBN: 0262017571
Category : Business & Economics
Languages : en
Pages : 206

Book Description
Economist Robert Pollin argues that the United States needs to try to implement full employment and how it can help the economy.