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Author: Yoram Weiss Publisher: Springer ISBN: 1349106887 Category : Social Science Languages : en Pages : 350
Book Description
A collection of papers which analyzes and measures unemployment as a search activity, discusses efficiency wage models and which considers the impact of government and unions on employment and unemployment.
Author: Andrew Weiss Publisher: Princeton University Press ISBN: 140086206X Category : Political Science Languages : en Pages : 126
Book Description
Known for his seminal work in efficiency-wage theory, Andrew Weiss surveys recent research in the field and presents new results. He shows how wage schedules affect the kinds of workers a firm employs and how well those workers perform on the job. Using straightforward examples, he demonstrates how efficiency-wage theory can explain labor market outcomes and guide government policy. There is a separate section of applications to less developed countries. "Efficiency-wage models represent one of the most important developments in economic theory of recent years. They have, at last, provided integrated explanations both of macroeconomic phenomena, such as unemployment and wage rigidity, and microeconomic phenomena, such as wage dispersion. Weiss--one of the pioneers of efficiency-wage theory--provides here a masterful survey, a lucid and systematic and yet critical account of this rapidly developing branch of economics. This book should be required reading in all courses in macroeconomics."--Joseph Stiglitz, Stanford University "Efficiency Wages should be on the bookshelf of all labor and macroeconomists."--Lawrence H. Summers, Harvard University "A splendid monograph ... most readable... I will put it on my reading list."--Partha Dasgupta, Stanford University Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author: Publisher: ISBN: Category : Labor supply Languages : en Pages : 152
Book Description
Research report on labour market efficiency and labour policy in Australia - discusses the impact of arbitration as a wage determination procedure; considers the effects of vocational training, income tax and social assistance on labour supply, labour mobility and labour force participation; notes the role of the public sector employment service; examines symptoms of inefficiency including labour surplus, labour shortage, labour market segmentation and labour disputes. References, statistical tables.
Book Description
The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizing model of a small open economy. The analysis is first conducted in the context of perfect intersectoral labor mobility. The discussion is then extended to consider the existence of short-run constraints on labor movements. The results highlight the role of efficiency considerations in the behavior of sectoral wages. A deflationary policy induces a reallocation of labor across sectors, but has no long-run effect on the unemployment rate.
Author: Jonathan Michie Publisher: OUP Oxford ISBN: 9780198290933 Category : Business & Economics Languages : en Pages : 284
Book Description
From a post-war assumption that full employment could be maintained through demand management techniques, we now live in an entirely different world. The contributors to this volume consider whether full employment is possible or affordable.
Author: Christoph Hilbert Publisher: Logos Verlag Berlin GmbH ISBN: 3832520465 Category : Business & Economics Languages : en Pages : 242
Book Description
Labour markets within countries vary in their performance. Some regions suffer from labour shortages, while others are faced with high unemployment figures. Furthermore structure and qualification of the workforce differs, and real wage patterns show diverging pictures between and within regions. Based on these empirical facts this study sheds some light on the wage unemployment relation and the impact active labour market policies has on this. Basic assumption is that market imperfections lead to unemployment in regional labour markets, partly owing to region-specific wage structures, and that active labour market policies can alleviate this problem. Five aspects are focused: The interaction of regional unemployment and wages based on the wage curve, the question how qualification patterns influence the regional wage level, the effectiveness of regional labour market policies, the impact of these policies on regional wage-setting, and the impact of employment service performance on real wages.
Author: Richard Layard
Author: Richard Layard
Author: R. F. Elliott
Author: George A. Akerlof
Author: Yoram Weiss
Author: Andrew Weiss
Author: P. Richard G. Layard
Author: 
Author: Pierre-Richard Agénor
Author: Jonathan Michie
Author: Christoph Hilbert