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Author: Janine Berg Publisher: Edward Elgar Publishing ISBN: 1784712108 Category : Business & Economics Languages : en Pages : 430
Book Description
Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti
Author: Janine Berg Publisher: Edward Elgar Publishing ISBN: 1784712108 Category : Business & Economics Languages : en Pages : 430
Book Description
Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti
Author: Pumsaran Tongliemnak Publisher: Stanford University ISBN: Category : Languages : en Pages : 202
Book Description
The first essay of this dissertation examines the role of teacher characteristics in schools on student outcomes using datasets from TIMSS 1999 and TIMSS 2007 international tests. Taking an advantage that students have to take both mathematics and science subjects from different teachers, I use the method of First Difference (FD) analysis in order to remove the potential biases between teacher attributes and unobserved student characteristics. The findings show some contradictory outcomes between the FD analysis and ordinary least squares (OLS) analysis. The second essay looks into the problem of recruitment of well-qualified high school and college graduates to work as primary and secondary school teachers. I compare teacher salaries and benefits vis-à-vis other mathematics and science-oriented professions namely medical professions, engineers, accountants, scientists and nurses. In addition, I compare incomes between people who graduate from teacher colleges and non-teacher colleges. Using data from Thailand Labor Force Survey from 1985 to 2005, I find that teachers are the most poorly paid of all professions, including nurses. The difference in terms of an opportunity cost between male and female teachers is also striking. Among the graduates from teacher colleges, male graduates earn more than their peers if they chose other occupations whereas female graduates earn less if they make other choices. The third essay looks at the reasons teachers choose part-time jobs, the type of jobs they choose, and the amount of income they receive from these jobs, as well as factors influencing these decisions. I find that approximately 20-25% of Thai teachers participated in moonlighting activities. The majority of them have part-time jobs including tutoring, selling food and other products, and farming. Low salaries and high level of indebtedness are the most important factors associated with the increased likelihood of having a part-time job. However, economic status does not correlate significantly with their decision to tutor as their part-time job.
Author: Martin Shubik Publisher: MIT Press ISBN: 9780262693110 Category : Business & Economics Languages : en Pages : 472
Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author: Jake Rosenfeld Publisher: Harvard University Press ISBN: 0674726219 Category : Social Science Languages : en Pages : 288
Book Description
From workers' wages to presidential elections, labor unions once exerted tremendous clout in American life. In the immediate post-World War II era, one in three workers belonged to a union. The fraction now is close to one in five, and just one in ten in the private sector. The only thing big about Big Labor today is the scope of its problems. While many studies have explained the causes of this decline, What Unions No Longer Do shows the broad repercussions of labor's collapse for the American economy and polity. Organized labor was not just a minor player during the middle decades of the twentieth century, Jake Rosenfeld asserts. For generations it was the core institution fighting for economic and political equality in the United States. Unions leveraged their bargaining power to deliver benefits to workers while shaping cultural understandings of fairness in the workplace. What Unions No Longer Do details the consequences of labor's decline, including poorer working conditions, less economic assimilation for immigrants, and wage stagnation among African-Americans. In short, unions are no longer instrumental in combating inequality in our economy and our politics, resulting in a sharp decline in the prospects of American workers and their families.
Author: David Weil Publisher: Harvard University Press ISBN: 067472612X Category : Business & Economics Languages : en Pages : 421
Book Description
In the twentieth century, large companies employing many workers formed the bedrock of the U.S. economy. Today, on the list of big business's priorities, sustaining the employer-worker relationship ranks far below building a devoted customer base and delivering value to investors. As David Weil's groundbreaking analysis shows, large corporations have shed their role as direct employers of the people responsible for their products, in favor of outsourcing work to small companies that compete fiercely with one another. The result has been declining wages, eroding benefits, inadequate health and safety protections, and ever-widening income inequality. From the perspectives of CEOs and investors, fissuring--splitting off functions that were once managed internally--has been phenomenally successful. Despite giving up direct control to subcontractors and franchises, these large companies have figured out how to maintain the quality of brand-name products and services, without the cost of maintaining an expensive workforce. But from the perspective of workers, this strategy has meant stagnation in wages and benefits and a lower standard of living. Weil proposes ways to modernize regulatory policies so that employers can meet their obligations to workers while allowing companies to keep the beneficial aspects of this business strategy.
Author: Ben S. Bernanke Publisher: Princeton University Press ISBN: 1400820278 Category : Business & Economics Languages : en Pages : 321
Book Description
From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. This influential work is collected in Essays on the Great Depression, an important account of the origins of the Depression and the economic lessons it teaches.
Author: Sharon Block Publisher: Brookings Institution Press ISBN: 0815738811 Category : Law Languages : en Pages : 263
Book Description
Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.
Author: Avner Greif Publisher: Princeton University Press ISBN: 0691202737 Category : Business & Economics Languages : en Pages : 438
Book Description
This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in nineteenth-century Europe, meat provisioning in pre–Civil War New York, aircraft manufacturing before World War I, and more. The book also features an essay that surveys Mokyr's important contributions to the field of economic history, and an essay by Mokyr himself on the origins of the Industrial Revolution. In addition to the editors, the contributors are Gergely Baics, Hoyt Bleakley, Fabio Braggion, Joyce Burnette, Louis Cain, Mauricio Drelichman, Narly Dwarkasing, Joseph Ferrie, Noel Johnson, Eric Jones, Mark Koyama, Ralf Meisenzahl, Peter Meyer, Joel Mokyr, Lyndon Moore, Cormac Ó Gráda, Rick Szostak, Carolyn Tuttle, Karine van der Beek, Hans-Joachim Voth, and Simone Wegge.
Author: Janine Berg
Author: Janine Berg
Author: Marc A. Van Audenrode
Author: Pumsaran Tongliemnak
Author: Martin Shubik
Author: Jake Rosenfeld
Author: David Weil
Author: Ben S. Bernanke
Author: Sharon Block
Author: Avner Greif
Author: World Bank