Author: Engelbert Stockhammer Publisher: Springer ISBN: 1137357932 Category : Business & Economics Languages : en Pages : 329
Book Description
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.
Author: David G. Blanchflower Publisher: MIT Press ISBN: 9780262023757 Category : Business & Economics Languages : en Pages : 504
Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Author: George Grantham Publisher: Routledge ISBN: 1134839278 Category : Business & Economics Languages : en Pages : 337
Book Description
How have modern labour markets developed? Both labour economists and economic historians agree that it is necessary to look at labour markets in their historical context. Labour Market Evolution does just this. The contributors examine the operation and development of labour markets in Western Europe and North America since 1500. They address the key questions in this complicated process using new quantitative evidence. First, how closely connected were geographically distant labour markets? Second, how flexible were markets in the past - did wages change in response to demand shocks? Did workers move across space and occupations in response to cyclical or seasonal conditions. Third, were relationships between employees and employers short-term or long-term? Why did relationships change, and what were the implications for the flexibility and integration of markets? In examining these factors, this volume draws on modern labour economic theory and up-to-date quantitative techniques to show how current traditions and systems have evolved.
Author: Richard Layard Publisher: Springer ISBN: 0230379206 Category : Business & Economics Languages : en Pages : 553
Book Description
Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This book contains his most influential articles on the subject of unemployment. It is published along with a companion volume Inequality , which deals with these topics and with economic transition. Unemployment explains what causes unemployment and proposes remedies to reduce it. There is a strong focus on how unemployed people are treated and how this affects unemployment - including Layard's well-known recommendation of a job-guarantee for long term unemployed people. Other key topics covered are the effect of unions and wage bargaining, the effect of low skill, and the possible role of rigid employment laws. The book opens with Richard Layard's personal credo Why I became an Economist .
Author: Toke Aidt Publisher: Directions in Development ISBN: Category : Business & Economics Languages : en Pages : 188
Book Description
This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.
Author: Toshiaki Tachibanaki Publisher: Springer ISBN: 1349236128 Category : Business & Economics Languages : en Pages : 384
Book Description
The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.
Author: Bernhard Böhm Publisher: Springer Science & Business Media ISBN: 3642511708 Category : Business & Economics Languages : en Pages : 323
Book Description
The economic performance of Austria and Italy during the last two decades is analysed by economists from both countries. Their contributions interpret observed historical facts starting from a macroeconomic level down to disaggregated structural issues. The performance as well as prospects of economic policy concerning the monetary sector, the balance of payments, the industrial sectors, and the labour markets are reviewed. Specific problem areas are investigated and relationships to current economic theory are established. Readers find sufficient material to form opinions about the difference in national approaches to assess economic problems and about the different ways of attacking them.
Author: Torben Iversen Publisher: Cambridge University Press ISBN: 9780521645324 Category : Business & Economics Languages : en Pages : 244
Book Description
Examines why some countries have much higher unemployment rates than others. Explores wage bargaining institutions, macro-economic policy regimes, and the welfare state. Argues that unemployment is the outcome of interaction between the centralization of the wage bargaining system and the character of the monetary policy regime.
Author: Reija Lilja Publisher: International Labour Organization ISBN: 9789221072737 Category : Business & Economics Languages : en Pages : 242
Book Description
The emerging Finnish Model of social labour markets is likely to be a source of growing international interest in the 1990s. This book examines Finland's reputation for economic dynamism and social welfare in the face of the challenges raised by structural adjustment.
Author: Engelbert Stockhammer
Author: David G. Blanchflower
Author: George Grantham
Author: Richard Layard
Author: Edmond Malinvaud
Author: Toke Aidt
Author: Toshiaki Tachibanaki
Author: Bernhard Böhm
Author: Torben Iversen
Author: Reija Lilja