Unemployment Hysteresis Wage Determination And Labor Market Flexibility
Download Unemployment Hysteresis Wage Determination And Labor Market Flexibility full books in PDF, epub, and Kindle. Read online free Unemployment Hysteresis Wage Determination And Labor Market Flexibility ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 33 |
Release | : 1994-12-01 |
Genre | : Business & Economics |
ISBN | : 1451856938 |
Download Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility Book in PDF, Epub and Kindle
This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian labor market. It estimates models of wage determination using aggregate and firm-level panel data. Two main conclusions emerge: (i) the long-term unemployed do not exert a negative impact on wages; and (ii) there is some evidence that the incumbent workers, the “insiders,” exercise market power in wage determination, taking greater account of their own interests than those of the unemployed “outsiders.” In addition, it is argued that the automatic indexation of wages to prices in Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives, including the introduction of a competitiveness norm for indexation, and labor market programs aimed at the long-term unemployed and the young, such as the plan d’accompagnement and the plan d’embauche des jeunes, are appropriate in view of the existence of insider power in wage determination.
Author | : Reza Moghadam |
Publisher | : |
Total Pages | : 40 |
Release | : 1994 |
Genre | : Labor market |
ISBN | : |
Download Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility Book in PDF, Epub and Kindle
Author | : Reza Moghadam |
Publisher | : |
Total Pages | : 34 |
Release | : 2006 |
Genre | : |
ISBN | : |
Download Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility Book in PDF, Epub and Kindle
This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian labor market. It estimates models of wage determination using aggregate and firm-level panel data. Two main conclusions emerge: (i) the long-term unemployed do not exert a negative impact on wages; and (ii) there is some evidence that the incumbent workers, the quot;insiders,quot; exercise market power in wage determination, taking greater account of their own interests than those of the unemployed quot;outsiders.quot; In addition, it is argued that the automatic indexation of wages to prices in Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives, including the introduction of a competitiveness norm for indexation, and labor market programs aimed at the long-term unemployed and the young, such as the plan d`accompagnement and the plan d`embauche des jeunes, are appropriate in view of the existence of insider power in wage determination.
Author | : Reza Moghadam |
Publisher | : |
Total Pages | : |
Release | : 1994 |
Genre | : |
ISBN | : |
Download Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility: the Vase of Belgium Book in PDF, Epub and Kindle
Author | : MichaelJ. Piore |
Publisher | : Routledge |
Total Pages | : 433 |
Release | : 2017-07-05 |
Genre | : Business & Economics |
ISBN | : 1351537903 |
Download Unemployment and Inflation Book in PDF, Epub and Kindle
Originally published in 1979, this reader presents an industrialist view of the labour market and economics as they stood at the time in the United States. The essays collated aim to answer macroeconomic questions on this topic as well as exploring issues related closely to employment and inflation. This title will be of interest to students of business and economics.
Author | : Thomas Hyclak |
Publisher | : W. E. Upjohn Institute |
Total Pages | : 132 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Download Wage Flexibility and Unemployment Dynamics in Regional Labor Markets Book in PDF, Epub and Kindle
Author | : Kieran McMorrow |
Publisher | : |
Total Pages | : 116 |
Release | : 1996 |
Genre | : Labor market |
ISBN | : |
Download The Wage Formation Process and Labour Market Flexibility in the Community, the US and Japan Book in PDF, Epub and Kindle
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.
Author | : Christopher L. Erickson |
Publisher | : |
Total Pages | : 50 |
Release | : 1994 |
Genre | : Employees |
ISBN | : |
Download Labor Market Regulation, Flexibility and Employment Book in PDF, Epub and Kindle
Author | : Richard Jackman |
Publisher | : |
Total Pages | : 60 |
Release | : 1996 |
Genre | : European Economic Community countries |
ISBN | : |
Download Combatting Unemployment Book in PDF, Epub and Kindle
Author | : Robert Kyloh |
Publisher | : |
Total Pages | : 78 |
Release | : 1988 |
Genre | : Inflation (Finance) |
ISBN | : |
Download The Wage-inflation-unemployment Nexus Book in PDF, Epub and Kindle