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The Wage Formation Process and Labour Market Flexibility in the Community, the US and Japan

The Wage Formation Process and Labour Market Flexibility in the Community, the US and Japan
Author: Kieran McMorrow
Publisher:
Total Pages: 116
Release: 1996
Genre: Labor market
ISBN:

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Recoge: 1.Overview of labour market flexibility - 2.Wage formation process - expectations augmented phillips curve - 3.Labour market adjustment mechanisms - 4.International comparison of overall labour market flexibility - equilibrium unemployment - 5.Policy issues and concluding remarks.


Employment Stability in an Age of Flexibility

Employment Stability in an Age of Flexibility
Author: Sandrine Cazes
Publisher: International Labour Organization
Total Pages: 296
Release: 2003
Genre: Business & Economics
ISBN: 9789221127161

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While offering a comparison of employment stability and flexibility in 16 OECD countries, the book provides a detailed analysis on the type of labor market regulations needed to ensure a balance of employment flexibility and security.


Monetary Policy and Unemployment

Monetary Policy and Unemployment
Author: Willi Semmler
Publisher: Routledge
Total Pages: 237
Release: 2004-08-02
Genre: Business & Economics
ISBN: 1135993807

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This book pulls together papers presented at a conference in honour of the 1981 Nobel Prize Winner for Economic Science, the late James Tobin. Among the contributors are Olivier Blanchard, Edmund Phelps, Charles Goodhart and Marco Buti. One of the main aims of the conference was to discuss what potential role monetary policy has on economic activity and unemployment reduction in three key currency zones - the United States, European Union and Japan.


Wage Setting, Social Pacts and the Euro

Wage Setting, Social Pacts and the Euro
Author: Anke Hassel
Publisher: Amsterdam University Press
Total Pages: 335
Release: 2006
Genre: Social Science
ISBN: 9053569197

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Politicians, economists, and social theorists tend to agree that globalization and neo-liberal economic policy have contributed to the decline of the social compacts underlying traditional European welfare states. Recently, however, social pacts have demonstrated an impressive resurgence, as governments across Europe facing necessary economic policy adjustments have chosen to view trade unions as vital negotiating partners rather than adversaries. Wage Setting, Social Pacts, and the Euro offers a theoretical understanding of the forces that have led to this new understanding, and of the challenges that increasing monetary integration will continue to pose.


The System of Wage-Setting Japan, Germany and the US: Towards Convergence?

The System of Wage-Setting Japan, Germany and the US: Towards Convergence?
Author: Ben Beiske
Publisher: GRIN Verlag
Total Pages: 61
Release: 2007-06
Genre: Business & Economics
ISBN: 3638643972

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Seminar paper from the year 2002 in the subject Business economics - Personnel and Organisation, grade: 2.4 (B), University of Manchester (Manchester School of Management), 43 entries in the bibliography, language: English, abstract: How and to what extend do labour systems in general, and wage-setting mechanisms in particular, differ amongst the three biggest economies of the world, namely Japan, Germany, and the United States? Does the trend towards increasing trade liberation lead to pressure to harmonise different wage-setting systems? If so, what is the evidence for convergence?1 What impact could this have on the future of the labour systems of the so-called less flexible countries?


Monetary Union, Employment and Growth

Monetary Union, Employment and Growth
Author: Pier Carlo Padoan
Publisher: Edward Elgar Publishing
Total Pages: 240
Release: 2001-01-01
Genre: Business & Economics
ISBN: 9781782544036

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'Monetary Union, Employment and Growth provides a thorough and well-developed analysis of the macroeconomic and microeconomic implications of the single currency.' - Terrence Casey, Journal of European Area Studies 'This book offers an in-depth discussion of two highly topical European issues - the single currency and unemployment - making it suitable for professional economists and post-graduate students in economics, international relations and European studies.' - European Access There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist - hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment. Pier Carlo Padoan and his distinguished group of contributing authors go beyond the common European-based debates to consider the impact of the euro as a global currency on the evolution of European labour, product, and regional markets.


The Path to Higher Growth

The Path to Higher Growth
Author: Ms.Chie Aoyagi
Publisher: International Monetary Fund
Total Pages: 27
Release: 2013-10-01
Genre: Business & Economics
ISBN: 1484366107

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This paper argues that Japan’s excessive labor market duality can reduce Total Factor Productivity (TFP) due to a negative impact on non-regular workers’ effort and on firms’ incentives to train them. On the basis of cross-country empirical evidence, the paper proposes some reform options. In particular, our analysis suggests that reducing the difference in employment protection between regular and non-regular workers would substantially reduce labor market duality in Japan. One reform consistent with these findings is the introduction of a Single Open Ended Contract for all newly hired workers. This reform could be complemented by a shift towards a model that combines labor market flexibility and security (“flexicurity”) and by policies aimed at encouraging wage growth.


Analysis of the Dynamics of the Job Creation Process in the United States and an Evaluation of Medium and Long Term Prospects: Factor prices, employment, and inequality in a decentralized labour market

Analysis of the Dynamics of the Job Creation Process in the United States and an Evaluation of Medium and Long Term Prospects: Factor prices, employment, and inequality in a decentralized labour market
Author: Rodney Stares
Publisher:
Total Pages: 60
Release: 1987
Genre: Job creation
ISBN:

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