Author: Karl-Heinz PaquéPublisher:
ISBN:
Category :
Languages : en
Pages : 62
Book Description
Wage gaps, hysteresis and structural unemployment
Author: Karl-Heinz PaquéWage Gaps, Hysteresis and Structural Unemployment
Author: Karl-Heinz PaquéStructural unemployment and real wage rigidity in Germany
Author: Karl-Heinz PaquéPublisher: University of Michigan Press
ISBN:
Category : Business & Economics
Languages : de
Pages : 410
Book Description
Wage gaps, hysteresis and structural unemployment
Author: Karl-Heinz PaquéThe Causes of Structural Unemployment
Author: Thomas JanoskiPublisher: John Wiley & Sons
ISBN: 0745684130
Category : Business & Economics
Languages : en
Pages : 190
Book Description
There is a specter haunting advanced industrial countries: structural unemployment. Recent years have seen growing concern over declining jobs, and though corporate profits have picked up after the Great Recession of 2008, jobs have not. It is possible that “jobless recoveries” could become a permanent feature of Western economies. This illuminating book focuses on the employment futures of advanced industrial countries, providing readers with the sociological imagination to appreciate the bigger picture of where workers fit in the new international division of labor. The authors piece together a puzzle that reveals deep structural forces underlying unemployment: skills mismatches caused by a shift from manufacturing to service jobs; increased offshoring in search of lower wages; the rise of advanced communication and automated technologies; and the growing financialization of the global economy that aggravates all of these factors. Weaving together varied literatures and data, the authors also consider what actions and policy initiatives societies might take to alleviate these threats. Addressing a problem that should be front and center for political economists and policymakers, this book will be illuminating reading for students of the sociology of work, labor studies, inequality, and economic sociology.
Unemployment, Search and the Gender Wage Gap
Author: Christian BelzilPublisher:
ISBN:
Category : Job hunting
Languages : en
Pages : 36
Book Description
Persistence of Unemployment
Author: Stephen R.G. JonesPublisher: McGill-Queen's Press - MQUP
ISBN: 0773565426
Category : Business & Economics
Languages : en
Pages : 183
Book Description
The deep recession and slow recovery of the Canadian economy in the 1980s and the lengthy recession of the early 1990s raised serious questions about economic policy making. The steady worsening of Canadian unemployment rates led some economists to doubt the traditional view that the national economy is by nature self-correcting and to endorse the concept of hysteresis - the idea that the unemployment rate may display no tendency to return to an unchanging natural rate. Such hysteresis would have important and far-reaching implications for economic policy, particularly monetary policy. Jones provides an overview of leading theories of hysteresis and examines international and Canadian evidence from both microeconomic and macroeconomic perspectives. He extends the econometric analysis of hysteresis at both the micro and macro levels and concludes that while there is some evidence of dependence in Canada, the overall picture is not one of hysteresis.
Wage Responsiveness and Labor Market Disequilibrium
Author: Ramon Eugenio LopezPublisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 38
Book Description
Core unemployment may not affect market wages; transient unemployment does. Policymaking should reflect the distinction.
Hysteresis and Business Cycles
Author: Ms.Valerie CerraPublisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Unemployment in Europe
Author: Claes-Henric SivenPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 210
Book Description