Wage Inflation and the Structure of Regional Unemployment
Author | : Frank P. R. Brechling |
Publisher | : |
Total Pages | : |
Release | : 1972 |
Genre | : |
ISBN | : |
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Author | : Frank P. R. Brechling |
Publisher | : |
Total Pages | : |
Release | : 1972 |
Genre | : |
ISBN | : |
Author | : Ron L. Martin |
Publisher | : London : Pion |
Total Pages | : 256 |
Release | : 1981 |
Genre | : Business & Economics |
ISBN | : |
Author | : Christoph Hilbert |
Publisher | : Logos Verlag Berlin GmbH |
Total Pages | : 242 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 3832520465 |
Labour markets within countries vary in their performance. Some regions suffer from labour shortages, while others are faced with high unemployment figures. Furthermore structure and qualification of the workforce differs, and real wage patterns show diverging pictures between and within regions. Based on these empirical facts this study sheds some light on the wage unemployment relation and the impact active labour market policies has on this. Basic assumption is that market imperfections lead to unemployment in regional labour markets, partly owing to region-specific wage structures, and that active labour market policies can alleviate this problem. Five aspects are focused: The interaction of regional unemployment and wages based on the wage curve, the question how qualification patterns influence the regional wage level, the effectiveness of regional labour market policies, the impact of these policies on regional wage-setting, and the impact of employment service performance on real wages.
Author | : MichaelJ. Piore |
Publisher | : Routledge |
Total Pages | : 433 |
Release | : 2017-07-05 |
Genre | : Business & Economics |
ISBN | : 1351537903 |
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 | : David G. Blanchflower |
Publisher | : MIT Press |
Total Pages | : 504 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780262023757 |
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Author | : Richard B. Freeman |
Publisher | : University of Chicago Press |
Total Pages | : 474 |
Release | : 2007-12-01 |
Genre | : Political Science |
ISBN | : 0226261840 |
During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.
Author | : Benjamin Higgins |
Publisher | : Routledge |
Total Pages | : 381 |
Release | : 2018-01-16 |
Genre | : Business & Economics |
ISBN | : 135129234X |
The world economy has undergone a fundamental transformation in recent decades and theoretical structures inherited from the 1930s through the 1950s, while retaining large elements of truth, are inadequate to deal with current problems. Benjamin Higgins feels that for a society such as the United States a fiscal policy needs to be adopted that can deal simultaneously with existing unemployment and inflation. He suggests three possible governmental policies: stimulating a high rate of long-run growth, by use of reward innovations and by maintaining the highest possible level of scientific and technical activity; isolating regions that are generators of inflation and others that are pools for unemployment; and establishing a system of direct controls similar to those used in wartime. Higgins describes the transformation of the cogent prewar business cycle, with its alternations of inflation or unemployment, then a transitional period of underemployment equilibrium and secular stagnation, and finally, the strange new world of today, one with economic fluctuations in the form of shifting trade-off curves and loops. He then applies his new paradigm to current problems, showing why they cannot be managed through macroeconomic monetary and fiscal policy. Higgins offers case studies of efforts to fight inflation and unemployment, and to reduce regional gaps, to show their strengths and weaknesses. It can be said that unemployment always results from too many people chasing too few jobs, and inflation is always caused by too much money chasing too few goods and services. Beyond such banal generalizations, Higgins maintains there is no single cause for either unemployment or inflation, and thus no single cure can be prescribed for either, let alone for both at once. Nor is it to be expected that the appropriate cure will prove to be the same in all countries at all times. He suggests that an optimal blend of monetary and fiscal policy that will produce the "minimum discomfort" is a good start. Employment Without Inflation will be of direct policy interest to economists, sociologists, and national planners.
Author | : Dirck D. E. Fuller |
Publisher | : |
Total Pages | : 126 |
Release | : 1988 |
Genre | : Labor economics |
ISBN | : |
Author | : Jens Südekum |
Publisher | : Peter Lang Publishing |
Total Pages | : 236 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : |
In his 2003 Ph.D. dissertation in economics for the University of Goettingen, Sudekum analyzes regional unemployment rates across the European Union, as one example of vast disparities between rich and poor regions in all dimensions of economics. He does not provide an index.
Author | : James K. Galbraith |
Publisher | : |
Total Pages | : 44 |
Release | : 1996 |
Genre | : Employment (Economic theory) |
ISBN | : |