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Author: Claire H. Hollweg Publisher: World Bank Publications ISBN: 1464802637 Category : Business & Economics Languages : en Pages : 123
Book Description
This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.
Author: Claire H. Hollweg Publisher: World Bank Publications ISBN: 1464802637 Category : Business & Economics Languages : en Pages : 123
Book Description
This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.
Author: OECD Publisher: OECD Publishing ISBN: 9264216502 Category : Languages : en Pages : 382
Book Description
This publication gathers the papers presented at the “OECD-EU dialogue on mobility and international migration: matching economic migration with labour market needs” (Brussels, 24-25 February 2014), a conference jointly organised by the European Commission and the OECD.
Author: Steven J. Davis Publisher: MIT Press (MA) ISBN: 9780262041522 Category : Business & Economics Languages : en Pages : 260
Book Description
This volume considers the American manufacturing industry, and develops a statistical portait of the microeconomic adjustments that affect business and workers. The authors focus on the employer rather than worker side of the process aiming to show the processes that will be relevant to economists.
Author: Mr.Marcello M. Estevão Publisher: International Monetary Fund ISBN: 1451875649 Category : Business & Economics Languages : en Pages : 31
Book Description
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
Author: Robert Shimer Publisher: Princeton University Press ISBN: 1400835232 Category : Business & Economics Languages : en Pages : 189
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: Lant Pritchett Publisher: Brookings Institution Press ISBN: 1944691065 Category : Business & Economics Languages : en Pages : 116
Book Description
In Let Their People Come, Lant Pritchett discusses five "irresistible forces" of global labor migration, and the "immovable ideas" that form a political backlash against it. Increasing wage gaps, different demographic futures, "everything but labor" globalization, and the continued employment growth in low skilled, labor intensive industries all contribute to the forces compelling labor to migrate across national borders. Pritchett analyzes the fifth irresistible force of "ghosts and zombies," or the rapid and massive shifts in desired populations of countries, and says that this aspect has been neglected in the discussion of global labor mobility. Let Their People Come provides six policy recommendations for unskilled immigration policy that seek to reconcile the irresistible force of migration with the immovable ideas in rich countries that keep this force in check. In clear, accessible prose, this volume explores ways to regulate migration flows so that they are a benefit to both the global North and global South.
Author: Aldo Geuna Publisher: Academic Press ISBN: 0128016817 Category : Business & Economics Languages : en Pages : 331
Book Description
Global Mobility of Research Scientists: The Economics of Who Goes Where and Why brings together information on how the localization and mobility of academic researchers contributes to the production of knowledge. The text answers several questions, including "what characterizes nationally and internationally mobile researchers?" and "what are the individual and social implications of increased mobility of research scientists?" Eight independent, but coordinated chapters address these and other questions, drawing on a set of newly developed databases covering 30 countries, including the US, the UK, France, Germany, Italy, Japan, Russia, and China, among others. - Combines theoretically sound and empirically fascinating results in one volume that has international and interdisciplinary appeal. - Covers topics at the forefront of academic, business, and policy discussions - Data used in the chapters available at a freely-accessible website
Author: Claire H. Hollweg
Author: Claire H. Hollweg
Author: OECD
Author: Gerard J. van den Berg
Author: Steven J. Davis
Author: Mr.Marcello M. Estevão
Author: Orley Ashenfelter
Author: Robert Shimer
Author: Lant Pritchett
Author: David Edward Card
Author: Aldo Geuna