Labour Market Institutions And Productivity

Author : Beata Woźniak-Jęchorek
Publisher : Routledge
ISBN 13 : 1000202550
Total Pages : 286 pages
Book Rating : 4.57/5 ( download)

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Download or read book Labour Market Institutions and Productivity written by Beata Woźniak-Jęchorek and published by Routledge. This book was released on 2020-10-25 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the role of formal labour market institutions in keeping the labour utilisation in Central and Eastern Europe above the level characteristic for Western European states. It provides an innovative and enriching take on labour utilisation at large and how various formal labour market institutions can affect the ongoing trend in labour utilisation in a way that is not covered by the extant literature. The impact of labour market institutions on labour market outcomes is analysed throughout 12 chapters, both from a cross-country perspective and in detailed case-studies, by 21 labour market experts from various CEE countries. Most chapters are based on empirical methods yet are presented in an easy-to-follow way in order to make the book also accessible for a non-scientific audience. The volume explores three key questions: How can labour utilisation be increased by labour market institutions? Which CEE countries managed to create a labour market institutional framework beneficial for labour utilisation? How should the labour market institutions in CEE countries be reformed in order to increase labour utilisation? The book argues that the legacy of transition reforms and a centrally planned past is still relevant in explaining common patterns among CEE countries and concludes that increasing the stock of skills accumulated by the employed and improving utilisation of these skills seems to be the first-best solution to increase labour utilisation. The book will be of interest to post-graduate researchers and academics in the fields of labour economics, regional economics, and macroeconomics as well as scholars interested in adopting an institutional analysis approach. Additionally, due to the broader policy implications of the topic, the book will appeal to policymakers and experts interested in labour economics.

Author : Stephen Nickell
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.80/5 ( download)

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Download or read book Labour Market Institutions and Economic Performance written by Stephen Nickell and published by . This book was released on 1997 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Richard Barry Freeman
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.44/5 ( download)

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Download or read book Labor Market Institutions Around the World written by Richard Barry Freeman and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper documents the large cross-country differences in labor institutions that make them a candidate explanatory factor for the divergent economic performance of countries and reviews what economists have learned about the effects of these institutions on economic outcomes. It identifies three ways in which institutions affect economic performance: by altering incentives, by facilitating efficient bargaining, and by increasing information, communication, and trust. The evidence shows that labor institutions reduce the dispersion of earnings and income inequality, which alters incentives, but finds equivocal effects on other aggregate outcomes, such as employment and unemployment. Given weaknesses in the cross-country data on which most studies focus, the paper argues for increased use of micro-data, simulations, and experiments to illuminate how labor institutions operate and affect outcomes.

Author : Gilles Saint-Paul
Publisher : OUP Oxford
ISBN 13 : 0191522066
Total Pages : 288 pages
Book Rating : 4.62/5 ( download)

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Download or read book The Political Economy of Labour Market Institutions written by Gilles Saint-Paul and published by OUP Oxford. This book was released on 2000-09-28 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to most orthodox economists, labour market rigidities are the key culprit for such high unemployment as has been observed in Europe during the past three decades. But governments that have attempted to follow the standard prescription of removing rigidities have often faced harsh political opposition. This book looks at why labour market institutions such as employment protection, unemployment benefits, and relative wage rigidities exist, what role they play in society, why they seem so persistent, where the pressure to reform them comes from, and whether reform can be politically viable or not. The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process. It is also shown that, at the same time, such rents create resistance to reform, and contribute to locking society into a high-unemployment, rigid equilibrium. Finally, the basic principles exposed in the book are used to discuss various strategies for a successful labour market reform.

Author : Juan Carlos Duque
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.45/5 ( download)

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Download or read book Wages and Productivity written by Juan Carlos Duque and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data for 20 OECD countries, examines the response of wages to productivity and the role of labour market institutions to explain differences in this response.

Author : Gunther Schmid
Publisher : Routledge
ISBN 13 : 1315483327
Total Pages : 304 pages
Book Rating : 4.20/5 ( download)

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Download or read book Labor Market Institutions in Europe: A Socioeconomic Evaluation of Performance written by Gunther Schmid and published by Routledge. This book was released on 2016-09-16 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The outcome of three years of research on the role of institutions in labor markets at the research unit Labor Market Policy and Employment of the Social Science Research Center Berlin, these seven contributions were originally presented at a conference in December 1992 before a group of experts i

Author : K.R. Shyam Sundar
Publisher : Springer
ISBN 13 : 9811371113
Total Pages : 594 pages
Book Rating : 4.10/5 ( download)

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Download or read book Globalization, Labour Market Institutions, Processes and Policies in India written by K.R. Shyam Sundar and published by Springer. This book was released on 2019-05-14 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the effects of product market and labour market reforms on firms, labour institutions and labour rights in the economic and industrial relations system in India. India has over the years liberalized its economy through a broad range of reforms concerning the product market and complementing these it has also sought to reform the labour market and the industrial relations system. The book assesses the impact of these reforms on both the formal and informal labour markets in India, critically examines the labour processes and uncovers/describes precarious conditions of labour in various industries and occupations, and analyzes the dynamics involved in the making of industrial, employment and labour policies in contemporary India.

Author : Yu-Fu Chen
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.80/5 ( download)

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Download or read book Labour Market Institutions and Macroeconomic Shocks written by Yu-Fu Chen and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Chang-Ruey Ay
Publisher :
ISBN 13 :
Total Pages : 376 pages
Book Rating : 4.14/5 ( download)

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Download or read book Labor Market Institutions and Productivity Growth written by Chang-Ruey Ay and published by . This book was released on 1994 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates problems of productivity growth with special emphasis on institutions in the labor market. Two major classes of labor market institutions are analyzed: corporatism and liberal-pluralism. To examine why productivity growth rates differ among national economies, this thesis undertakes an international comparison of diverse growth experiences in three Western and three Asian countries over a relatively long period, 1960-1990. These countries are: the former West Germany, Sweden, the United States, Japan, South Korea and Taiwan. The results indicate that the cross-national variations in productivity performance among the Western countries are due largely to economic factors, rather than to labor market institutions. In the long run, productivity performance, adjusted for economic and institutional factors, is about the same in Germany, Sweden and the United States, and is also about the same in Japan, Korea and Taiwan. Nonetheless, there is a difference in productivity performance between Western and Asian countries, holding other variables constant. This implies that there still remain some other economic and institutional factors that make Asian countries' growth different from Western countries'. The favorable effects on labor productivity growth of Western corporatist industrial relations systems have declined significantly since the 1973 oil shock. The ability of European countries to improve labor-management relations, to increase employment and to control inflation is called into question. The liberal-pluralist systems of the United States is found to be just as efficient as the European corporatist systems in productivity performance after 1973. Japan's micro-corporatist system, with its decentralized wage setting coupled with a high degree of coordination, is found to be the best performer bringing down industrial conflict, unemployment and inflation together with, at the same time, relatively high and stable productivity growth. Between South Korea and Taiwan, Taiwan's industrial relations systems and labor markets are found to be associated with high productivity growth after adjustment for economic factors.

Author : Lambert van der Laan
Publisher : Routledge
ISBN 13 : 0429766971
Total Pages : 324 pages
Book Rating : 4.78/5 ( download)

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Download or read book Institutions and Regional Labour Markets in Europe written by Lambert van der Laan and published by Routledge. This book was released on 2019-05-23 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume examines the performance of labour markets against the background of different economic and institutional settings in Western and Eastern Europe. The book gives a clear picture of the mosaic of impressive transformations presently taking place in Western and Eastern European labour markets and provides access to information which was previously either widely dispersed or non-existent. The book gives detailed information about how countries and regions deal with transformations described. The substantive country-wide and regional diversity that is discussed allows the reader to understand the role of labour and institutions in the development of countries and regions. The book is written by labour market and regional experts from the various countries concerned.