The Structure and Performance of the Market for Labor PDF Download

Author: California. Legislature. Assembly. Office of Research
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 136

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Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98

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Book Description
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Author: Lloyd George Reynolds
Publisher: Westport, Conn : Greenwood Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 352

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Author: John S. Heywood
Publisher: SUNY Press
ISBN: 9780791466230
Category : Social Science
Languages : en
Pages : 244

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Measures the relationship between market competition and the treatment of women, minorities, and the disabled in the workplace.

Author: Ivar Berg
Publisher: Springer Science & Business Media
ISBN: 1461512255
Category : Social Science
Languages : en
Pages : 766

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Book Description
A distinguished roster of contributors considers the state of the art of the field at the turn of the 21st century and charts an ambitious agenda for the future. Following what the editors describe as an `evolutionist' approach to the study of labor markets, the chapters address issues of continuity and discontinuity in a wide range of topics including: markets and institutional structures; employment relations and work structures; patterns of stratification in the United States; and public policies, opportunity structures, and economic outcomes.

Author: Robert Shimer
Publisher: Princeton University Press
ISBN: 1400835232
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.

Author: Forrest A. Deseran
Publisher:
ISBN:
Category : Households
Languages : en
Pages : 46

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Author: Peter B. Doeringer
Publisher: M.E. Sharpe
ISBN: 9780765632128
Category : Business & Economics
Languages : en
Pages : 258

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This book discusses the institutional aspects of the American labor market. The introduction assesses the major changes since 1971.

Author: Xinxin Ma
Publisher: Springer
ISBN: 9811319871
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.

Author: Katharine G. Abraham
Publisher: MIT Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
These original contributions report on new developments taking place in today's labor market and on the role of public policy in shaping that process.