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Author : C. J. McKenna
Publisher :
ISBN 13 :
Total Pages : 186 pages
Book Rating : 4.76/5 ( download)
Download or read book Uncertainty and the Labour Market written by C. J. McKenna and published by . This book was released on 1985 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sangyup Choi
Publisher : International Monetary Fund
ISBN 13 : 1498356303
Total Pages : 26 pages
Book Rating : 4.05/5 ( download)
Download or read book Uncertainty and Unemployment written by Sangyup Choi and published by International Monetary Fund. This book was released on 2015-02-23 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and sectoral channels. Using S&P500 data from the first quarter of 1957 to third quarter of 2014, we construct separate indices to measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with the impact dissipating within a year. In contrast, sectoral uncertainty has a long-lived impact on unemployment, with the peak impact occurring after two years. The results are consistent with a view that the impact of aggregate uncertainty occurs through a “wait-and-see” mechanism while increased sectoral uncertainty raises unemployment by requiring greater reallocation across sectors.
Author : Vivek Ghosal
Publisher : International Monetary Fund
ISBN 13 : 1498356176
Total Pages : 49 pages
Book Rating : 4.76/5 ( download)
Download or read book Uncertainty and the Employment Dynamics of Small and Large Businesses written by Vivek Ghosal and published by International Monetary Fund. This book was released on 2015-01-14 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to focus on the relatively smaller and entrepreneurial businesses. We discuss implications for the framing of economic policy.
Author : Caroline Joll
Publisher : Routledge
ISBN 13 : 0429658184
Total Pages : 408 pages
Book Rating : 4.81/5 ( download)
Download or read book Developments in Labour Market Analysis written by Caroline Joll and published by Routledge. This book was released on 2018-12-07 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1983. This text is designed to enable intermediate and advanced students to attain familiarity with the theoretical concepts used in labour market analysis, and to apply them fruitfully to the economic problem of labour markets. Each chapter of Section I deals with a different theoretical development of the basic labour market model of utility maximising labour supply and the marginal productivity theory of labour demand. In addition, the authors discuss in depth uncharted territory including the analysis of uncertainty and discrimination in labour markets and advances in human capital theory, in each case covering the implications both for equity and the efficient allocation of resources. Each chapter of Section II analyses an important economic problem - for instance wage determination, unemployment and inflation - using the theoretical insights derived from Section I. The contributions of different theoretical developments are assessed by reference to the current state of empirical research into labour market problems. This book stresses the interaction between labour market mechanisms and also between market and non-market forces in the belief that this will lead to a greater understanding of the operation of the labour market than can be gained by viewing each theoretical development in isolation from the others.
Author : Laurence M. Ball
Publisher : International Monetary Fund
ISBN 13 : 1455263389
Total Pages : 58 pages
Book Rating : 4.87/5 ( download)
Download or read book Inflation Dynamics and the Great Recession written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2011-06-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines inflation dynamics in the United States since 1960, with a particular focus on the Great Recession. A puzzle emerges when Phillips curves estimated over 1960-2007 are ussed to predice inflation over 2008-2010: inflation should have fallen by more than it did. We resolve this puzzle with two modifications of the Phillips curve, both suggested by theories of costly price adjustment: we measure core inflation with the median CPI inflation rate, and we allow the slope of the Phillips curve to change with the level and vairance of inflation. We then examine the hypothesis of anchored inflation expectations. We find that expectations have been fully "shock-anchored" since the 1980s, while "level anchoring" has been gradual and partial, but significant. It is not clear whether expectations are sufficiently anchored to prevent deflation over the next few years. Finally, we show that the Great Recession provides fresh evidence against the New Keynesian Phillips curve with rational expectations.
Author : John Atkinson
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.68/5 ( download)
Download or read book Flexibility, Uncertainty and Manpower Management written by John Atkinson and published by . This book was released on 1985 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on research conducted in 1983.
Author : Hans-Peter Blossfeld
Publisher : Edward Elgar Publishing
ISBN 13 : 1781007497
Total Pages : 496 pages
Book Rating : 4.95/5 ( download)
Download or read book Globalization, Uncertainty and Women’s Careers written by Hans-Peter Blossfeld and published by Edward Elgar Publishing. This book was released on 2006-06-27 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, Uncertainty and Women's Careers assesses the effects of globalization on the life courses of women in thirteen countries across Europe and America in the second half of the 20th century. The book represents the first-ever longitudinal analysis of micro-level data from these OECD countries focusing exclusively on women's relationship to the labor market in a globalizing world. The contributors thoroughly examine women's employment entries, exits and job mobility and present evidence of women's increased labor market attachment and reduced employment quality in most of the countries studied. They also systematically consider the life course changes influenced by larger transformations in society and, in doing so, explicitly link the phenomena of globalization to individual women's lives in Europe and North America.
Author : Caroline Joll
Publisher : Routledge
ISBN 13 : 0429655746
Total Pages : 615 pages
Book Rating : 4.46/5 ( download)
Download or read book Developments in Labour Market Analysis written by Caroline Joll and published by Routledge. This book was released on 2018-12-07 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1983. This text is designed to enable intermediate and advanced students to attain familiarity with the theoretical concepts used in labour market analysis, and to apply them fruitfully to the economic problem of labour markets. Each chapter of Section I deals with a different theoretical development of the basic labour market model of utility maximising labour supply and the marginal productivity theory of labour demand. In addition, the authors discuss in depth uncharted territory including the analysis of uncertainty and discrimination in labour markets and advances in human capital theory, in each case covering the implications both for equity and the efficient allocation of resources. Each chapter of Section II analyses an important economic problem - for instance wage determination, unemployment and inflation - using the theoretical insights derived from Section I. The contributions of different theoretical developments are assessed by reference to the current state of empirical research into labour market problems. This book stresses the interaction between labour market mechanisms and also between market and non-market forces in the belief that this will lead to a greater understanding of the operation of the labour market than can be gained by viewing each theoretical development in isolation from the others.
Author : Sarah Damaske
Publisher : Princeton University Press
ISBN 13 : 0691200149
Total Pages : 336 pages
Book Rating : 4.49/5 ( download)
Download or read book The Tolls of Uncertainty written by Sarah Damaske and published by Princeton University Press. This book was released on 2021-05-25 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Although media outlets dubbed the Great Recession of 2007-2009 a 'man-cession' because men's job losses were double women's at first, women experienced greater job loss after the so-called 'conclusion' of the recession and recovered jobs at a slower rate than men. Women also appeared to face greater economic consequences of job loss: they were more likely than men to experience hunger and deprivation. These trends bring us to the first puzzle at the heart of this book: do women and men experience job loss and its effects differently? Using in-depth interviews from 100 people from rural and urban counties in Pennsylvania, Sarah Damaske investigates how men and women of different classes lose jobs, experience the economic and social ramifications of their unemployment in their own lives and their family life, and begin to search for work again"--
Author : Hans-Peter Blossfeld
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782542384
Total Pages : 536 pages
Book Rating : 4.88/5 ( download)
Download or read book Globalization, Uncertainty, and Men's Careers written by Hans-Peter Blossfeld and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, argue the contributors to this book, has remarkably accelerated social and economic change in modern societies. One such change is manifested in the world of work and careers. This book explores whether the forces of globalization affect the erosion of standard career patterns of mid-career men in twelve OECD countries. Overwhelming evidence against the 'individualization of inequality' thesis is provided - it is argued that equality remains largely stratified by factors such as occupational class and educational level, and in some countries has even grown over time.
