Productivity Growth Wage Setting And The Equilibrium Rate Of Unemployment

Productivity Growth Wage Setting And The Equilibrium Rate Of Unemployment Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Productivity Growth Wage Setting And The Equilibrium Rate Of Unemployment book. This book definitely worth reading, it is an incredibly well-written.

The Costs of Price Stability - Downward Nominal Wage Rigidity in Europe

Author : Steinar Holden
Publisher : Unknown
Page : 60 pages
File Size : 45,9 Mb
Release : 2002
Category : Economics
ISBN : IND:30000113905149

Get Book

The Costs of Price Stability - Downward Nominal Wage Rigidity in Europe by Steinar Holden Pdf

In most European countries, the prevailing terms of employment, including the nominal wage, can only be changed by mutual consent. I show that this feature implies that workers have a strategic advantage in the wage negotiations when they try to prevent a cut in nominal wages. If inflation is so low that some nominal wages have to be cut, the strategic advantage of the workers' induces higher unemployment in equilibrium. The upshot is a long run tradeoff between inflation and unemployment for low levels of inflation. The prediction that low inflation involves higher unemployment in Europe but not in the US, is consistent with previous empirical findings.

The "Natural" Rate of Unemployment

Author : Anonim
Publisher : Unknown
Page : 36 pages
File Size : 44,6 Mb
Release : 1982
Category : Unemployment
ISBN : UCR:31210024775692

Get Book

The "Natural" Rate of Unemployment by Anonim Pdf

Unemployment and Productivity in the Long Run

Author : Pierpaolo Benigno,Paolo Surico,Mr.Luca Antonio Ricci
Publisher : International Monetary Fund
Page : 51 pages
File Size : 45,5 Mb
Release : 2010-11-01
Category : Business & Economics
ISBN : 9781455209590

Get Book

Unemployment and Productivity in the Long Run by Pierpaolo Benigno,Paolo Surico,Mr.Luca Antonio Ricci Pdf

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence based on U.S. time series and on an international panel strongly supports these predictions. The empirical specifications featuring the variance of productivity growth can account for two U.S. episodes which a linear model based only on long-run productivity growth cannot fully explain. These are the decline in long-run unemployment over the 1980s and its rise during the late 2000s.

OECD Working Papers

Author : Anonim
Publisher : Unknown
Page : 48 pages
File Size : 46,9 Mb
Release : 1997
Category : Economic development
ISBN : MINN:31951D01414811S

Get Book

OECD Working Papers by Anonim Pdf

The Wage-price-productivity Nexus

Author : Ronald G. Bodkin
Publisher : University of Pennsylvania Press Anniversary Collection
Page : 312 pages
File Size : 55,5 Mb
Release : 1966
Category : Business & Economics
ISBN : UCAL:$B571669

Get Book

The Wage-price-productivity Nexus by Ronald G. Bodkin Pdf

Primarily for economic theorists, economic statisticians and econometricians, and labor economists.

Unemployment: Past and Present

Author : Philip Arestis,John McCombie
Publisher : Palgrave MacMillan
Page : 280 pages
File Size : 52,5 Mb
Release : 2009
Category : Business & Economics
ISBN : STANFORD:36105131763851

Get Book

Unemployment: Past and Present by Philip Arestis,John McCombie Pdf

Providing an overview of the debates which have surrounded employment in the world of economics, this title includes contributions from many experts in the areas of unemployment and macroeconomics.

Unemployment Policy

Author : Dennis J. Snower,Guillermo de la Dehesa
Publisher : Cambridge University Press
Page : 624 pages
File Size : 46,5 Mb
Release : 1997-05-15
Category : Business & Economics
ISBN : 0521599210

Get Book

Unemployment Policy by Dennis J. Snower,Guillermo de la Dehesa Pdf

There is substantial disagreement among policy-makers about how governments should respond to the problem of high unemployment. Thus far there has been little, if any, systematic attempt to evaluate the strengths and weaknesses of the main unemployment policies available to governments in market economies. Individual policy recommendations are usually made in isolation from one another. This book attempts to provide a balanced assessment of the various policy options, including the following: demand management versus supply-side policy, subsidizing employment and training, restructuring labour market regulations, and reforming the welfare state. The book also examines the political economy of unemployment policy and the effect of this policy on productivity growth.

Why is Unemployment So High at Full Capacity?

Author : David T. Coe,Thomas Krueger
Publisher : Unknown
Page : 44 pages
File Size : 47,5 Mb
Release : 1990
Category : Unemployment
ISBN : UCSD:31822015971138

Get Book

Why is Unemployment So High at Full Capacity? by David T. Coe,Thomas Krueger Pdf

Wage Rigidity and Unemployment

Author : Wilfred Beckerman
Publisher : Bloomsbury Academic
Page : 238 pages
File Size : 40,6 Mb
Release : 1986
Category : Business & Economics
ISBN : STANFORD:36105040407160

Get Book

Wage Rigidity and Unemployment by Wilfred Beckerman Pdf

Wage-Led Growth

Author : Engelbert Stockhammer
Publisher : Springer
Page : 329 pages
File Size : 51,8 Mb
Release : 2013-12-03
Category : Business & Economics
ISBN : 9781137357939

Get Book

Wage-Led Growth by Engelbert Stockhammer Pdf

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.

Unemployment

Author : Richard Layard,P. Richard G. Layard,S. J. Nickell,Richard Jackman
Publisher : Oxford University Press, USA
Page : 678 pages
File Size : 45,7 Mb
Release : 2005
Category : Business & Economics
ISBN : 0199279179

Get Book

Unemployment by Richard Layard,P. Richard G. Layard,S. J. Nickell,Richard Jackman Pdf

This broad survey of unemployment will be a major source of reference for both scholars and students.

Sticky Prices in the Euro Area

Author : Anonim
Publisher : Unknown
Page : 25 pages
File Size : 49,5 Mb
Release : 2005
Category : Electronic
ISBN : OCLC:642285930

Get Book

Sticky Prices in the Euro Area by Anonim Pdf

Behavioral Economics and Its Applications

Author : Peter Diamond,Hannu Vartiainen
Publisher : Princeton University Press
Page : 331 pages
File Size : 41,7 Mb
Release : 2012-01-12
Category : Business & Economics
ISBN : 9781400829149

Get Book

Behavioral Economics and Its Applications by Peter Diamond,Hannu Vartiainen Pdf

In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.

Globalization and Unemployment

Author : Helmut M. Wagner
Publisher : Springer Science & Business Media
Page : 385 pages
File Size : 41,7 Mb
Release : 2013-03-14
Category : Social Science
ISBN : 9783662040829

Get Book

Globalization and Unemployment by Helmut M. Wagner Pdf

Globalization and unemployment are two phenomena which are amongst the most widely discussed subjects in the economic debate today. Often, globalization is regarded as being responsible for the increase in unemployment, particularly in unskilled labor. This book deals with the correlation between globalization and unemployment under various aspects: historical aspects of globalization, empirical trends and theoretical explanations of unemployment, effects of globalization in general and of European Monetary Union in particular on umemployment, labor market policy in a global economy, the impact of fiscal policy on unemployment in a global economy, as well as the effects of globalization on inflation and national stabilization policy.