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Author: Jan Svejnar Publisher: World Bank Publications ISBN: Category : Government business enterprises Languages : en Pages : 53
Book Description
The severity of labor redundancy has been underestimated because of difficulties in conceptualizing the issue and finding politically acceptable solutions. Schemes to reduce labor redundancy can decrease the wage bill significantly and allow fairly high compensation to the employees laid off yet still allow the government to recoup its costs in a relatively short time.
Author: Jan Svejnar Publisher: World Bank Publications ISBN: Category : Government business enterprises Languages : en Pages : 53
Book Description
The severity of labor redundancy has been underestimated because of difficulties in conceptualizing the issue and finding politically acceptable solutions. Schemes to reduce labor redundancy can decrease the wage bill significantly and allow fairly high compensation to the employees laid off yet still allow the government to recoup its costs in a relatively short time.
Author: Christopher A. Pissarides Publisher: Cambridge University Press ISBN: 9780521210645 Category : Business & Economics Languages : en Pages : 278
Book Description
Labour economics textbook on labour market adjustment - develops a short-run dynamic system for the economic analysis of problems related to disequilibrium trading, inflation, unemployment, etc., and discussess various aspects of job searching. Bibliography pp. 249 to 254, diagrams, graphs and references.
Author: D. Greenaway Publisher: Springer ISBN: 0230582389 Category : Business & Economics Languages : en Pages : 227
Book Description
Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.
Author: Lidia Greco Publisher: Routledge ISBN: 1351729411 Category : Business & Economics Languages : en Pages : 201
Book Description
This title was first published in 2002. This work explores processes of corporate restructuring and employment change in two industrial areas, Teeside (in the north-east of England) and Brindisi (in the south-east of Italy), by drawing upon evidence from two industries - the chemical and clothing sectors.
Author: Gabriele Ciminelli Publisher: International Monetary Fund ISBN: 1484373723 Category : Business & Economics Languages : en Pages : 72
Book Description
Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.
Author: Jan Svejnar
Author: Jan Svejnar
Author: Christopher A. Pissarides
Author: Alice Galenson
Author: Margaret S. Gordon
Author: Pradeep Kumar
Author: Roger Comer
Author: D. Greenaway
Author: Lidia Greco
Author: 
Author: Gabriele Ciminelli