Wage Flexibility And Unemployment Dynamics In Regional Labor Markets

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Wage Flexibility and Unemployment Dynamics in Regional Labor Markets

Author : Thomas Hyclak,Geraint Johnes
Publisher : W. E. Upjohn Institute
Page : 132 pages
File Size : 49,9 Mb
Release : 1992
Category : Business & Economics
ISBN : UOM:39015028482019

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Wage Flexibility and Unemployment Dynamics in Regional Labor Markets by Thomas Hyclak,Geraint Johnes Pdf

Labor Market Flexibility and Unemployment

Author : Mr.Lorenzo E. Bernal-Verdugo,Davide Furceri,Mr.Dominique M. Guillaume
Publisher : International Monetary Fund
Page : 28 pages
File Size : 41,8 Mb
Release : 2012-03-01
Category : Business & Economics
ISBN : 9781463948900

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Labor Market Flexibility and Unemployment by Mr.Lorenzo E. Bernal-Verdugo,Davide Furceri,Mr.Dominique M. Guillaume Pdf

The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect.

Labor Market Adjustment in Canada and the United States

Author : Mr.Eswar Prasad,Mr.Alun H. Thomas
Publisher : International Monetary Fund
Page : 25 pages
File Size : 41,6 Mb
Release : 1997-01-01
Category : Business & Economics
ISBN : 9781451841725

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Labor Market Adjustment in Canada and the United States by Mr.Eswar Prasad,Mr.Alun H. Thomas Pdf

This paper provides a quantitative assessment of the relative importance of different labor market adjustment mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor market adjustment. At the aggregate level, employment growth shocks result in similar unemployment rate responses but smaller wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment persistence in Canada, the endogenous component of UI has affected unemployment persistence only marginally. The lower degree of aggregate real wage flexibility in Canada has not been an important determinant of unemployment persistence.

Agglomeration, Growth, and Adjustment

Author : Thiess Büttner
Publisher : Springer Science & Business Media
Page : 213 pages
File Size : 49,7 Mb
Release : 2013-11-11
Category : Business & Economics
ISBN : 9783642511882

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Agglomeration, Growth, and Adjustment by Thiess Büttner Pdf

It is dealt with disparities in employment growth, unemployment, and wages between regional labor markets in Germany. First, endogenous formation and growth of industry locations due to agglomeration economies is established as a basic source of disparity in employment. Then, spatial frictions and local wage inflexibility due to central wage bargaining are detected as causes of unemployment disparities. Throughout the book theoretical analysis is combined with rigorous empirical testing using a large set of regional data at district level. In order to gain and robustify empirical results, recent methods in panel econometrics and spatial data analysis are employed. An overview on the extent of key regional labor market disparities in Germany is given. The book enables to assess our current understanding of the role of locational issues in causing those disparities, and thus to understand the basic justification of regional policy.

The Labor Market and Economic Adjustment

Author : Pierre-Richard Agénor
Publisher : International Monetary Fund
Page : 98 pages
File Size : 50,5 Mb
Release : 1995-11-01
Category : Business & Economics
ISBN : 9781451854787

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The Labor Market and Economic Adjustment by Pierre-Richard Agénor Pdf

This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Labor Market Adjustments in the Pacific Basin

Author : Peter Chinloy,Ernst Stromsdorfer
Publisher : Springer Science & Business Media
Page : 270 pages
File Size : 44,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400932517

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Labor Market Adjustments in the Pacific Basin by Peter Chinloy,Ernst Stromsdorfer Pdf

Peter T. Chinloy and Ernst W. Stromsdorfer I. Background to Adjustments in Labor Markets The book examines the process of adjustment in labor markets across countries arising from external shocks and shifts in international competi tiveness. The examination of specific countries and their data permits a comparison of alternative institutions for compensating and redeploying labor. Four countries are involved, whose labor markets are both competi tive and complementary: Canada, Japan, Mexico, and the United States. Both public labor market institutions, such as direct government com~ pensation of displaced workers and the effect of unemployment insurance, and private market arrangements, such as em loyer-employee agreements on layoffs, the work contract, and severance pay, are considered. Compara tive examination across countries of labor market and related insitutions is thus possible. The book has a common theme, namely the adjustment of labor markets to exogenous shocks, particularly those externally induced. The unifying focus in on workers whose specific skills in an industry or firm render them relatively immobile.

Labor Market Regulation, Flexibility and Employment

Author : Christopher L. Erickson
Publisher : Unknown
Page : 50 pages
File Size : 50,6 Mb
Release : 1994
Category : Employees
ISBN : IND:30000050965619

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Labor Market Regulation, Flexibility and Employment by Christopher L. Erickson Pdf

Work-place

Author : Jamie Peck
Publisher : Guilford Press
Page : 346 pages
File Size : 43,6 Mb
Release : 1996-04-06
Category : Business & Economics
ISBN : 1572300442

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Work-place by Jamie Peck Pdf

Challenging the prevailing idea that labor markets are governed by universal economic processes, this significant work argues instead that labor markets develop in tandem with social and political institutions, and thus function in locally specific ways. Focusing on the complex social processes that lie at the heart of the labor market, the author offers a provocative new perspective and proposes new ways of conducting research in the area.

Regional Labor Market Adjustments in the United States

Author : Mai Dao,Davide Furceri,Mr.Prakash Loungani
Publisher : International Monetary Fund
Page : 51 pages
File Size : 51,5 Mb
Release : 2014-11-25
Category : Business & Economics
ISBN : 9781498302715

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Regional Labor Market Adjustments in the United States by Mai Dao,Davide Furceri,Mr.Prakash Loungani Pdf

We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing.

Labour Market Evolution

Author : George Grantham,Mary MacKinnon
Publisher : Routledge
Page : 381 pages
File Size : 42,5 Mb
Release : 2002-02-07
Category : Business & Economics
ISBN : 9781134839261

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Labour Market Evolution by George Grantham,Mary MacKinnon Pdf

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.

Wage Rigidity and Unemployment

Author : Wilfred Beckerman
Publisher : Bloomsbury Academic
Page : 238 pages
File Size : 55,5 Mb
Release : 1986
Category : Business & Economics
ISBN : STANFORD:36105040407160

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Wage Rigidity and Unemployment by Wilfred Beckerman Pdf

Studies in Labor Markets

Author : Sherwin Rosen
Publisher : University of Chicago Press
Page : 408 pages
File Size : 43,7 Mb
Release : 2007-12-01
Category : Political Science
ISBN : 9780226726304

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Studies in Labor Markets by Sherwin Rosen Pdf

The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.

Geographies of Labour Market Inequality

Author : Ron Martin,Philip S. Morrison
Publisher : Routledge
Page : 281 pages
File Size : 47,9 Mb
Release : 2003-09-02
Category : Architecture
ISBN : 9781134421589

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Geographies of Labour Market Inequality by Ron Martin,Philip S. Morrison Pdf

In recent years, the local dimensions of the labour market have attracted increasing attention from academic analysts and public policy-makers alike. There is growing realization that there is no such thing as the national labour market, instead a mosaic of local and regional markets that differ in nature, performance and regulation. Geographies of Labour Market Inequality is concerned with these multiple geographies of employment, unemployment, work and incomes, and their implications for public policy.

The European Labour Market

Author : Floro Ernesto Caroleo,Sergio Destefanis
Publisher : Springer Science & Business Media
Page : 341 pages
File Size : 41,5 Mb
Release : 2006-06-15
Category : Business & Economics
ISBN : 9783790816808

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The European Labour Market by Floro Ernesto Caroleo,Sergio Destefanis Pdf

This book brings together up-to-date findings on the regional dimensions of European labour markets. It provides a conceptual and empirical study of the interactions between the European economy and its regions, paying particular attention to the issue of the transition of Central and Eastern European countries to a market economy. The topics analysed include: the structure of the shocks affecting employment (regional, industrial, national), the relationships between labour market efficiency and the regional distribution of unemployment, wage flexibility in EU member countries or in their regions and the role of active labour market policies in affecting the regional distribution of employment and unemployment.

Fall of Wage Flexibility

Author : D. Lederman
Publisher : Unknown
Page : 128 pages
File Size : 41,7 Mb
Release : 2011
Category : Electronic book
ISBN : OCLC:1066556293

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Fall of Wage Flexibility by D. Lederman Pdf