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| Author | : Randall W. Eberts |
| Publisher | : W. E. Upjohn Institute |
| Total Pages | : 172 |
| Release | : 1992 |
| Genre | : Business & Economics |
| ISBN | : |
Analyses the adjustment patterns of regional labour markets to changing demand between 1973 and 1987.
| Author | : Pierre-Richard Agénor |
| Publisher | : International Monetary Fund |
| Total Pages | : 98 |
| Release | : 1995-11-01 |
| Genre | : Business & Economics |
| ISBN | : 1451854781 |
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.
| Author | : Michael K. Lettau |
| Publisher | : |
| Total Pages | : |
| Release | : 1994 |
| Genre | : |
| ISBN | : |
| Author | : Harry J. Holzer |
| Publisher | : |
| Total Pages | : 26 |
| Release | : 1989 |
| Genre | : Employment (Economic theory) |
| ISBN | : |
This paper analyzes the effects of demand shifts within and between local labor markets on unemployment and employment levels and changes observed in those markets. Between-market demand shifts are measured by the means of sales growth for firms in each market, while within-market shifts are measured by variances in each. The variances are also decomposed into between-industry and within-industry components. Some firm-level evidence on job applicants, training and wage and employment adjustments in growing and declining firms is presented as well. The results show that demand shifts between markets account for large fractions of the observed variation in unemployment and employment rate levels and changes across markets. Within-area shifts cause much smaller and insignificant amounts of unemployment if they are between-industry, while shifts within areas and industries (accounting for the vast majority of demand shifts across firms) have no clear effects. The results therefore suggest that the unemployment effects of demand shifts depend on adjustment costs, which appear to be greatest for shifts between markets. Nonlinearities in estimated effects and growing dispersion of unemployment rates across areas also suggest that demand shifts may have raised aggregate unemployment in the U.S. in recent years.
| Author | : Orley Ashenfelter |
| Publisher | : Elsevier |
| Total Pages | : 800 |
| Release | : 1999-11-18 |
| Genre | : Business & Economics |
| ISBN | : 9780444501899 |
A guide to the continually evolving field of labour economics.
| Author | : Timothy J. Bartik |
| Publisher | : |
| Total Pages | : 96 |
| Release | : 1999 |
| Genre | : Labor market |
| ISBN | : |
Based on state-level labour market data from the Outgoing Rotation Group of the Current Population Survey from 1979 to 1997, discusses the wage and displacement effects of supply and demand shocks.
| Author | : Michael K. Lettau |
| Publisher | : |
| Total Pages | : 30 |
| Release | : 1994 |
| Genre | : Labor market |
| ISBN | : |
| Author | : José Campa |
| Publisher | : |
| Total Pages | : 50 |
| Release | : 1998 |
| Genre | : Dollar, American |
| ISBN | : |
"Using two decades of annual data, we explore the links between real exchange rates and employment, wages, and overtime activity in specific U.S. manufacturing industries. Across two-digit industry levels of aggregation, exchange rate movements do not have large effects on numbers of jobs or on hours worked. More substantial effects are picked up in industry wages, especially for industries characterized by low price-over-cost markup ratios, and in overtime wages and overtime employment. The industry-by-industry pattern of wage responsiveness is not strongly related to industry export orientation or changes in overall external orientation. Industries with low price-over-cost markups and those with a less skilled workforce exhibit relatively larger employment elasticities but lower wage elasticities"--Abstract
| Author | : Thiess Büttner |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 213 |
| Release | : 2013-11-11 |
| Genre | : Business & Economics |
| ISBN | : 3642511880 |
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.
| Author | : Joseph Persky |
| Publisher | : W.E. Upjohn Institute |
| Total Pages | : 190 |
| Release | : 2004 |
| Genre | : Business & Economics |
| ISBN | : 088099309X |
The authors explore a new framework for evaluating economic development projects. This framework is based on a job-chain approach. Each new job created by an economic development incentive is filled by an employee who leaves behind another job. In turn, that job may be filled by someone who leaves behind their old job, etc. Such job chains end when an unemployedworker, someone not previously in the labor force, or an in-migrant to the labor market takes a vacancy. Job chains are the mechanism for observing and measuring "trickle down". The job trains model developed in this book presents new insights into local economic development evaluation and strategy.
