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The Pricing of Job Characteristics when Markets Do Not Clear

The Pricing of Job Characteristics when Markets Do Not Clear PDF Author: Kevin Lang
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 33

Book Description
This paper examines nonsequential search when jobs vary with respect to nonpecuniary characteristics. In the presence of frictions in the labor market, the equilibrium job distribution need not show evidence of compensating wage differentials. The model also generates several pervasive features of labor markets: unemployment and vacancies, apparent discrimination, and market segmentation. When workers are homogeneous, restrictions on the range of job offers decrease welfare and cannot reduce unemployment. However, when workers have heterogeneous preferences, such restrictions may lower unemployment and can even lead to a Pareto-improvement in welfare. We consider the impact of policies banning discrimination, regulating working-conditions and imposing a minimum wage

The Pricing of Job Characteristics when Markets Do Not Clear

The Pricing of Job Characteristics when Markets Do Not Clear PDF Author: Kevin Lang
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 33

Book Description
This paper examines nonsequential search when jobs vary with respect to nonpecuniary characteristics. In the presence of frictions in the labor market, the equilibrium job distribution need not show evidence of compensating wage differentials. The model also generates several pervasive features of labor markets: unemployment and vacancies, apparent discrimination, and market segmentation. When workers are homogeneous, restrictions on the range of job offers decrease welfare and cannot reduce unemployment. However, when workers have heterogeneous preferences, such restrictions may lower unemployment and can even lead to a Pareto-improvement in welfare. We consider the impact of policies banning discrimination, regulating working-conditions and imposing a minimum wage

The Pricing of Job Characteristic when Markets Do Not Clear

The Pricing of Job Characteristic when Markets Do Not Clear PDF Author: Kevin Lang
Publisher:
ISBN:
Category :
Languages : en
Pages : 33

Book Description


“The” Pricing of Job Charactristics when Markets Do Not Clear

“The” Pricing of Job Charactristics when Markets Do Not Clear PDF Author: Kevin Lang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


The Fragmentation of U.S. Health Care

The Fragmentation of U.S. Health Care PDF Author: Einer Elhauge
Publisher: Oxford University Press, USA
ISBN: 019539013X
Category : Health & Fitness
Languages : en
Pages : 397

Book Description
Why is the American health care system so fragmented in the care it gives patients? This title approaches this question and more with a highly interdisciplinary approach. The articles included in the work address legal and regulatory issues, including laws that mandate separate payments for each provider.

Labor Economics, second edition

Labor Economics, second edition PDF Author: Pierre Cahuc
Publisher: MIT Press
ISBN: 0262325543
Category : Business & Economics
Languages : en
Pages : 1081

Book Description
The new edition of a widely used, comprehensive graduate-level text and professional reference covering all aspects of labor economics, with substantial new material. This landmark graduate-level text combines depth and breadth of coverage with recent, cutting-edge work in all the major areas of modern labor economics. Its command of the literature and its coverage of the latest theoretical, methodological, and empirical developments make it also a valuable resource for practicing labor economists. This second edition has been substantially updated and augmented. It incorporates examples drawn from many countries, and it presents empirical methods using contributions that have proved to be milestones in labor economics. The data and codes of these research publications, as well as numerous tables and figures describing the functioning of labor markets, are all available on a dedicated website (www.labor-economics.org), along with slides that can be used as course aids and a discussion forum. This edition devotes more space to the analysis of public policy and the levers available to policy makers, with new chapters on such topics as discrimination, globalization, income redistribution, employment protection, and the minimum wage or labor market programs for the unemployed. Theories are explained on the basis of the simplest possible models, which are in turn related to empirical results. Mathematical appendixes provide a toolkit for understanding the models.

Wage Dispersion

Wage Dispersion PDF Author: Dale Mortensen
Publisher: MIT Press
ISBN: 9780262633192
Category : Business & Economics
Languages : en
Pages : 170

Book Description
A theoretical and empirical examination of wage differentials findsthat traditional theories of competition do not explain why workers with identical skills are paid differently.

The Thought of Work

The Thought of Work PDF Author: John W. Budd
Publisher: Cornell University Press
ISBN: 0801462665
Category : Political Science
Languages : en
Pages : 263

Book Description
What is work? Is it simply a burden to be tolerated or something more meaningful to one's sense of identity and self-worth? And why does it matter? In a uniquely thought-provoking book, John W. Budd presents ten historical and contemporary views of work from across the social sciences and humanities. By uncovering the diverse ways in which we conceptualize work—such as a way to serve or care for others, a source of freedom, a source of income, a method of psychological fulfillment, or a social relation shaped by class, gender, race, and power—The Thought of Work reveals the wide-ranging nature of work and establishes its fundamental importance for the human experience. When we work, we experience our biological, psychological, economic, and social selves. Work locates us in the world, helps us and others make sense of who we are, and determines our access to material and social resources. By integrating these distinct views, Budd replaces the usual fragmentary approaches to understanding the nature and meaning of work with a comprehensive approach that promotes a deep understanding of how work is understood, experienced, and analyzed. Concepts of work affect who and what is valued, perceptions of freedom and social integration, identity construction, evaluations of worker well-being, the legitimacy and design of human resource management practices, support for labor unions and labor standards, and relationships between religious faith and work ethics. By drawing explicit attention to diverse, implicit meanings of work, The Thought of Work allows us to better understand work, to value it, and to structure it in desirable ways that reflect its profound importance.

The New Geography of Jobs

The New Geography of Jobs PDF Author: Enrico Moretti
Publisher: Houghton Mifflin Harcourt
ISBN: 0547750110
Category : Business & Economics
Languages : en
Pages : 309

Book Description
Makes correlations between success and geography, explaining how such rising centers of innovation as San Francisco and Austin are likely to offer influential opportunities and shape the national and global economies in positive or detrimental ways.

MARKETS AND DIVERSITY

MARKETS AND DIVERSITY PDF Author: Sherwin ROSEN
Publisher: Harvard University Press
ISBN: 0674042891
Category : Business & Economics
Languages : en
Pages : 370

Book Description
A staunch neoclassical economist, Rosen drew inspiration from Adam Smith's Wealth of Nations, particularly his theory of compensating wage differentials, which Rosen felt was central to all economic problems involving product differentiation and spatial considerations. The main theme of his collection is how markets handle diversity, including the determination of value in the presence of diversity, the allocation of idiosyncratic buyers to specialized sellers, and the effects of heterogeneity and sorting on inequality.

Monthly Labor Review

Monthly Labor Review PDF Author:
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 856

Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.