Two Essays on Labor Market Dynamics and Government Intervention PDF Download

Author: Christina Gathmann
Publisher:
ISBN:
Category : Border patrols
Languages : en
Pages : 172

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Author: Melvin Stephens (Jr.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 282

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Author: Oliver Claas
Publisher: Springer Nature
ISBN: 3319978284
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
This book addresses collective bargaining in an intertemporal monetary macroeconomy of the aggregate supply–aggregate demand (AS–AD) type with overlapping generations of consumers and with a public sector. The results are presented in a unified framework with a commodity market that clears competitively. By analyzing the implications of three variants of collective bargaining – efficient bargaining in a uniform and a segmented labor market and “right-to-manage” wage bargaining – it identifies the quantity of money, price expectations, union power, and union size as the determinants of temporary equilibria. In the three scenarios, it characterizes and compares the temporary equilibria using both analytical and numerical techniques, with an emphasis on allocations, welfare, and efficiency. It also discusses the dynamic evolution under rational expectations and its steady states in nominal and real terms. Lastly, it demonstrates conditions for stability regarding a balanced monetary expansion of the economy.

Author: Sebastian Buhai
Publisher: Rozenberg Publishers
ISBN: 9051709218
Category :
Languages : en
Pages : 198

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Author:
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 1174

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Author: Carl Chiarella
Publisher: Springer Science & Business Media
ISBN: 3662040700
Category : Business & Economics
Languages : en
Pages : 487

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Book Description
In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of the partial as well as integrated dynamic interaction between these feedback mechanisms that consti tute the interdependence of markets and sectors of the modern macro economy. The rela tionship between the macroeconomic framework of our working model and the Walrasian, Non-Walrasian and New-Keynesian reformulations of macroeconomics.

Author: Steven N. Durlauf
Publisher: MIT Press
ISBN: 9780262541763
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
This collection of essays presents a variety of approaches to understanding the dynamics of human interaction.

Author: Jake Rosenfeld
Publisher: Harvard University Press
ISBN: 0674726219
Category : Social Science
Languages : en
Pages : 288

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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:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 398

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Author: George Bitros
Publisher: Edward Elgar Publishing
ISBN: 9781782543602
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
The distinguished contributors in this volume provide a variety of essays, which are written in honor of Emmanuel Drandakis. These essays fall into four uniform areas of economics: economic growth, general equilibrium, labor economics and game theory and applications. The editors focus on a select set of issues that stand high on the agenda of academic research. They provide fresh insights and approaches to the analysis of these issues, and thus open up wider avenues for our understanding of the dilemmas posed for theory and policy. Readers are offered new empirical evidence on such thorny social problems as, for example, unemployment, the intergenerational transmission of human capital and the response of wages to price and endowment changes.