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| labour market economics benjamin: Labour Market Economics Dwayne Benjamin, Morley Gunderson, Craig Riddell, Thomas Lemieux, 2017-03-30 Labour Market Economics provides a mixture of theory and practice with a unique emphasis on Canadian policy issues. Written by four of the leading researchers in Canada in the area of labour economics and industrial organization - Dwayne Benjamin, Morley Gunderson, Thomas Lemieux, and Craig Riddell - the Eighth Edition has been refreshed to include updated content coverage, data, tables, and figures, and enhanced to support instructors teaching efforts with the addition of a Test Bank. |
| labour market economics benjamin: Inequality and the Labor Market Sharon Block, Benjamin H. Harris, 2021-04-06 Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy. |
| labour market economics benjamin: Labour Market Economics Dwayne Benjamin, Morley Gunderson, William Craig Riddell, 1998 |
| labour market economics benjamin: The Struggle for Development Benjamin Selwyn, 2017-08-31 The world economy is expanding rapidly despite chronic economic crises. Yet the majority of the world's population live in poverty. Why are wealth and poverty two sides of the coin of capitalist development? What can be done to overcome this destructive dynamic? In this hard-hitting analysis Benjamin Selwyn shows how capitalism generates widespread poverty, gender discrimination and environmental destruction. He debunks the World Bank's dollar-a-day methodology for calculating poverty, arguing that the proliferation of global supply chains is based on the labour of impoverished women workers and environmental ruin. Development theories – from neoliberal to statist and Marxist – are revealed as justifying and promoting labouring class exploitation despite their pro-poor rhetoric. Selwyn also offers an alternative in the form of labour-led development, which shows how collective actions by labouring classes – whether South African shack-dwellers and miners, East Asian and Indian Industrial workers, or Latin American landless labourers and unemployed workers – can and do generate new forms of human development. This labour-led struggle for development can empower even the poorest nations to overcome many of the obstacles that block their way to more prosperous and equitable lives. |
| labour market economics benjamin: Labour Market Theory Ben Fine, 2002-09-11 This book is a commanding assessment of labour market theory across the social sciences. It provides a radically original critique of labour market theory, which draws constructively but critically on existing literature. The work: * contributes to the debates on key issues in labour economics such as unemployment, gender, equal pay and the minimum theory * illustrates the policy implications in empirical studies * supplements existing orthodox labour market theory texts. |
| labour market economics benjamin: Out of Poverty Benjamin Powell, 2014-03-17 This book explores how sweatshops provide the best opportunity to workers and the role they play in the process of development. |
| labour market economics benjamin: Employment Protection Deregulation and Labor Shares in Advanced Economies Gabriele Ciminelli, Mr.Romain A Duval, Davide Furceri, 2018-08-16 Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms. |
| labour market economics benjamin: Research Handbook on the Economics of Labor and Employment Law Michael L. Wachter, Cynthia L. Estlund, 2012-01-01 ÔWachter and Estlund have assembled a feast on the economic analysis of issues in labor and employment law for scholars and policy-makers. The volume begins with foundational discussions of the economic analysis of the individual employment relationship and collective bargaining. It then progresses to discussions of the theoretical and empirical work on a wide range of important labor and employment law topics including: union organizing and employee choice, the impact of unions on firm and economic performance, the impact of unions on the enforcement of legal rights, just cause for dismissal, covenants not to compete and employment discrimination. Anyone who wants to study what economists have to say on these topics would do well to begin with this collection.Õ Ð Kenneth G. Dau-Schmidt, Indiana University Bloomington School of Law, US This Research Handbook assembles the original work of leading legal and economic scholars, working in a variety of traditions and methodologies, on the economic analysis of labor and employment law. In addition to surveying the current state of the art on the economics of labor markets and employment relations, the volumeÕs 16 chapters assess aspects of traditional labor law and union organizing, the law governing the employment contract and termination of employment, employment discrimination and other employer mandates, restrictions on employee mobility, and the forum and remedies for labor and employment claims. Comprising a variety of approaches, the Research Handbook on the Economics of Labor and Employment Law will appeal to legal scholars in labor and employment law, industrial relations scholars and labor economists. |
| labour market economics benjamin: Labour Markets and Demographic Change Michael Kuhn, Carsten Ochsen, 2009-04-27 This collection of research papers explores some of the salient issues relating to the impact of demographic change on the workings and outcomes of labour markets. A first chapter studies the direct impact of ageing on employment and unemployment. However, the age structure of the workforce also shapes productivity and the scope for innovation, issues which are taken up in turn. Furthermore, it is often argued that a decline in the size of the workforce may be offset by an increase in the workers’ skills and knowledge. The impact of demographic developments such as ageing and migration on the accumulation and transfer of human capital is, therefore, studied by a further set of contributions. The volume is rounded off with analyses relating to the supply of labour by women and by older workers. The authors ask, for instance, whether (female) labour migration as well as changes in retirement patterns and policies may counterbalance the expected workforce shrinking. |
| labour market economics benjamin: The Exposure to Routinization: Labor Market Implications for Developed and Developing Economies Ms.Mitali Das, Benjamin Hilgenstock, 2018-06-13 Evidence that the automation of routine tasks has contributed to the polarization of labor markets has been documented for many developed economies, but little is known about its incidence in developing economies. We propose a measure of the exposure to routinization—that is, the risk of the displacement of labor by information technology—and assemble several facts that link the exposure to routinization with the prospects of polarization. Drawing on exposures for about 85 countries since 1990, we establish that: (1) developing economies are significantly less exposed to routinization than their developed counterparts; (2) the initial exposure to routinization is a strong predictor of the long-run exposure; and (3) among countries with high initial exposures to routinization, polarization dynamics have been strong and subsequent exposures have fallen; while among those with low initial exposure, the globalization of trade and structural transformation have prevailed and routine exposures have risen. Although we find little evidence of polarization in developing countries thus far, with rapidly rising exposures to routinization, the risks of future labor market polarization have escalated with potentially significant consequences for productivity, growth and distribution. |
| labour market economics benjamin: Labour Market Economics A. Fellows, Benjamin, 1997 |
| labour market economics benjamin: Labor, Credit, and Goods Markets Nicolas Petrosky-Nadeau, Etienne Wasmer, 2017-11-10 An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy. |
| labour market economics benjamin: Private Government Elizabeth Anderson, 2019-04-30 Why our workplaces are authoritarian private governments—and why we can’t see it One in four American workers says their workplace is a “dictatorship.” Yet that number almost certainly would be higher if we recognized employers for what they are—private governments with sweeping authoritarian power over our lives. Many employers minutely regulate workers’ speech, clothing, and manners on the job, and employers often extend their authority to the off-duty lives of workers, who can be fired for their political speech, recreational activities, diet, and almost anything else employers care to govern. In this compelling book, Elizabeth Anderson examines why, despite all this, we continue to talk as if free markets make workers free, and she proposes a better way to think about the workplace, opening up space for discovering how workers can enjoy real freedom. |
| labour market economics benjamin: The Changing Japanese Labor Market Akiomi Kitagawa, Souichi Ohta, Hiroshi Teruyama, 2018-03-15 This book reappraises the Japanese employment system, characterized by such practices as the periodic recruiting of new graduates, lifetime employment and seniority-based wages, which were praised as sources of high productivity and flexibility for Japanese firms during the period of high economic growth from the middle of the 1950s until the burst of bubbles in the early 1990s. The prolonged stagnation after the bubble burst induced an increasing number of people to criticize the Japanese employment system as a barrier to the structural changes needed to allow the economy to adjust to the new environment, with detractors suggesting that such a system only serves to protect the vested interests of incumbent workers and firms. By investigating what caused the long stagnation of the Japanese economy, this book examines the validity of this currently dominant view about the Japanese employment system. The rigorous theoretical and empirical analyses presented in this book provide readers with deep insights into the nature of the current Japanese labor market and its macroeconomic impacts. |
| labour market economics benjamin: Strategic Human Resources Planning Kenneth James McBey, Monica Belcourt, 2006 The fundamental premise of Strategic Human Resources Planning is that different organizational strategies require different human resources management (HRM) policies and practices. This textbook is designed to help human resources (HR) managers plan and make decisions about the allocation of resources for the effective management of people in organizations, within a given strategy. Consideration is given to the HR manager's role in areas such as international expansion, mergers and downsizing, and the development and implementation of business strategies. |
| labour market economics benjamin: Labour Market Economics Dwayne Benjamin, 2012-01 |
| labour market economics benjamin: Economics in One Lesson Henry Hazlitt, 2010-08-11 Over a million copies sold! A fundamental influence on modern libertarianism, this classic guide to the basics of economic theory defends capitalism and the free market from economic myths that persist to this day. “A magnificent job of theoretical exposition.”—Ayn Rand Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt wrote Economics in One Lesson in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than fifty years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong—and strongly reasoned—anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication. |
| labour market economics benjamin: Modern Labor Economics Ronald G. Ehrenberg, Robert S. Smith, Kevin F. Hallock, 2025-05-20 Modern Labor Economics: Theory and Public Policy, now in its fifteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical policy applications that allow students to see concepts in action. The authors believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. Consequently, this text presents numerous examples of policy decisions that have affected, and been affected by, the ever-shifting labor market. This new edition continues to offer the following: a balance of relevant, contemporary examples coverage of the current economic climate an introduction to basic methodological techniques and problems tools for review and further study This fifteenth edition presents updated data and examples throughout and offers greater coverage of monopsonistic labor markets (including anti-trust regulations and rulings), the economics of education, the gender pay gap, recent developments in unions, and unemployment, plus new material on the work-from-home trend and AI. Supplementary materials for students and instructors are also available. |
| labour market economics benjamin: The Economics of Artificial Intelligence Ajay Agrawal, Joshua Gans, Avi Goldfarb, Catherine E. Tucker, 2024-03-14 A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system. |
| labour market economics benjamin: Political, Economic And Social Dimensions Of Labour Markets: A Global Insight Soon Beng Chew, Lingli Huang, Kai Xiang Kwa, 2022-06-23 Why and how do politics, society and economics shape the growth and failure of labour markets? Does government intervention help or harm labour market reforms/adjustments in times of economic downturn? What forces drive such government intervention and do they differ from society to society?In addressing these big-picture questions, this book's analytical scope is heavily centred around the topic of labour markets' performance. The book argues that performance in labour markets across countries are influenced by their labour market policies. In turn, these policies are shaped, in varying degrees, by the country's politics. Each chapter in this book dives into the labour market experiences in various countries to demonstrate why in some countries, labour markets perform better than in other countries. Major findings from this book suggest that countries can produce better economic and social outcomes (e.g. lower socio-economic inequality) if their labour market policies are aimed at fostering a socially and politically stable society via greater equity in wealth distribution across various socio-cultural and income groups.This book is an essential read for any public policy researchers, policy practitioners and undergraduate/graduate students who are interested or vested in the topic of labour markets' performance in the political, social and economic dimensions. Particularly, this book provides a critical synthesis of the labour market experiences in many countries. Hence, the book serves as an ideational tool to advance future labour market research and policy. |
| labour market economics benjamin: Not Working David G. Blanchflower, 2021-04-13 A candid explanation of how the labor market really works and is central to everything—and why it is not as healthy as we think Relying on unemployment numbers is a dangerous way to gauge how the labor market is doing. Because of a false sense of optimism prior to the COVID-19 shock, the working world was more vulnerable than it should have been. Not Working is about how people want full-time work at a decent wage and how the plight of the underemployed contributes to widespread despair, a worsening drug epidemic, and the unchecked rise of right-wing populism. David Blanchflower explains why the economy since the Great Recession is vastly different from what came before, and calls out our leaders for their continued failure to address one of the most unacknowledged social catastrophes of our time. This revelatory and outspoken book is his candid report on how the young and the less skilled are among the worst casualties of underemployment, how immigrants are taking the blame, and how the epidemic of unhappiness and self-destruction will continue to spread unless we deal with it. Especially urgent now, Not Working is an essential guide to strengthening the labor market for all when we need it most. |
| labour market economics benjamin: The Dignity of Labour Jon Cruddas, 2021-04-08 Does work give our lives purpose, meaning and status? Or is it a tedious necessity that will soon be abolished by automation, leaving humans free to enjoy a life of leisure and basic income? In this erudite and highly readable book, Jon Cruddas MP argues that it is imperative that the Left rejects the siren call of technological determinism and roots it politics firmly in the workplace. Drawing from his experience of his own Dagenham and Rainham constituency, he examines the history of Marxist and social democratic thinking about work in order to critique the fatalism of both Blairism and radical left techno-utopianism, which, he contends, have more in common than either would like to admit. He argues that, especially in the context of COVID-19, socialists must embrace an ethical socialist politics based on the dignity and agency of the labour interest. This timely book is a brilliant intervention in the highly contentious debate on the future of work, as well as an ambitious account of how the left must rediscover its animating purpose or risk irrelevance. |
| labour market economics benjamin: Advanced Microeconomics for Contract, Institutional, and Organizational Economics W. Bentley MacLeod, 2022-04-05 A graduate textbook on microeconomics, covering decision theory, game theory, and the foundations of contract theory, with a unique focus on the empirical. This graduate-level text on microeconomics, covering such topics as decision theory, game theory, bargaining theory, contract theory, trade under asymmetric information, and relational contract theory, is unique in its emphasis on the interplay between theory and evidence. It reviews the microeconomic theory of exchange “from the ground up,” aiming to produce a set of models and hypotheses amenable to empirical exploration, with particular focus on models that are useful for the study of contracts, institutions, and organizations. It explores research that extends price theory to the exchange of commodities when markets are incomplete, discussing recent developments in the field. Topics covered include the relationship between theory and evidence; decision theory as it is used in contract theory and institutional design; game theory; axiomatic and strategic bargaining theory; agency theory and the class of models that are considered to constitute contract theory, with discussions of moral hazard and trade with asymmetric information; and the theory of relational contracts. The final chapter offers a nontechnical review that provides a guide to which model is the most appropriate for a particular application. End-of-chapter exercises help students expand their understanding of the material, and an appendix provides brief introduction to optimization theory and the welfare theorem of general equilibrium theory. Students are assumed to be familiar with general equilibrium theory and basic constrained optimization theory. |
| labour market economics benjamin: Adapting Public Policy to a Labour Market in Transition France St-Hilaire, 2000 After two decades of rapid technological and structural change and an overall record of poor economic performance, Canadians need to take stock of the ongoing transformation of the labour market and its implications for public policy. The fundamental changes to the nature of work itself suggest that labour and social policies established decades ago may no longer be adequate or appropriate. Moreover, the continuing perception of increased instability and worsening employment outcomes, and the growing concern over increased earnings inequality and labour market polarisation, have raised serious questions about the role of government not only in addressing the consequences of economic adjustment but also in facilitating or, worse, hampering this process. In Adapting Public Policy to a Labour Market in Transition leading labour market specialists examine specific areas of public policy that have generated considerable attention and debate in recent years. They provide new evidence on issues of utmost concern to the well-being of Canadians and a solid assessment of the challenges and avenues for policy reform. |
| labour market economics benjamin: Innovation and Public Policy Austan Goolsbee, Benjamin F. Jones, 2022-03-25 In advanced economies like the United States, innovation has long been recognized as a central force for increasing socioeconomic prosperity and improving human health. Today, U.S. government policy seeks to promote innovation through a suite of mechanisms, from tax credits in the private sector to grant support for basic research, and from institutions like the Small Business Innovation Research program to the National Science Foundation. This book surveys key dimensions of innovation policy, synthesizing the latest empirical and conceptual research. It further investigates specific, actionable mechanisms that can accelerate innovative activity. The volume is organized in five parts. Part I considers the social returns to innovation investment and the case for public support of innovative activity. Part II examines human capital policy and mechanisms to expand the pool of innovative labor, including through schooling and immigration policy. Part III examines scientific grant systems for funding basic research, including the roles of institutions like the National Institutes of Health and the National Science Foundation, and investigates how policies can promote scientific breakthroughs. Part IV turns to tax policy, considering both direct tax mechanisms, like R&D tax credits, and indirect tax effects through corporate and personal income taxes. Part V considers entrepreneurship policy, focusing on how governments can effectively encourage new venture creation. Integrating across the chapter contributions, Innovation and Public Policy is original and distinctive on several dimensions. First, the chapters draw together the latest empirical evidence in each of their subject areas. Second, the chapters provide up-to-date analyses of innovation institutions and policy, including the conceptual frameworks and institutional designs that guide their action, grounded in the latest research literature. Third, and based in these new understandings, the chapters offer concrete steps and actionable ideas that can increase innovative activity and further unleash the potential of scientific and technological advance. The introductory chapter provides an overview of these contributions and synthesizes key insights and implications for policy-- |
| labour market economics benjamin: Change at Home, in the Labor Market, and on the Job Solomon W. Polachek, Konstantinos Tatsiramos, 2020-11-23 How do changes at home, in the labor market and on the job affect worker well-being? This volume of Research in Labor Economics contains eight original and insightful articles answering this question. Seven deal with demographic and labor market change, and one deals with wage differences essentially at a point in time. |
| labour market economics benjamin: Minimum Wages David Neumark, William L. Wascher, 2008 A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool. |
| labour market economics benjamin: Slavery by Another Name Douglas A. Blackmon, 2012-10-04 A Pulitzer Prize-winning history of the mistreatment of black Americans. In this 'precise and eloquent work' - as described in its Pulitzer Prize citation - Douglas A. Blackmon brings to light one of the most shameful chapters in American history - an 'Age of Neoslavery' that thrived in the aftermath of the Civil War through the dawn of World War II. Using a vast record of original documents and personal narratives, Blackmon unearths the lost stories of slaves and their descendants who journeyed into freedom after the Emancipation Proclamation and then back into the shadow of involuntary servitude thereafter. By turns moving, sobering and shocking, this unprecedented account reveals these stories, the companies that profited the most from neoslavery, and the insidious legacy of racism that reverberates today. |
| labour market economics benjamin: Economics for Real People Gene Callahan, 2002 |
| labour market economics benjamin: Wretched Refuse? Alex Nowrasteh, Benjamin Powell, 2020-12-17 An empirical investigation into the impact of immigration on institutions and prosperity. |
| labour market economics benjamin: Mastering 'Metrics Joshua D. Angrist, Jörn-Steffen Pischke, 2014-12-21 From Joshua Angrist, winner of the Nobel Prize in Economics, and Jörn-Steffen Pischke, an accessible and fun guide to the essential tools of econometric research Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu–themed humor, Mastering 'Metrics presents the essential tools of econometric research and demonstrates why econometrics is exciting and useful. The five most valuable econometric methods, or what the authors call the Furious Five—random assignment, regression, instrumental variables, regression discontinuity designs, and differences in differences—are illustrated through well-crafted real-world examples (vetted for awesomeness by Kung Fu Panda's Jade Palace). Does health insurance make you healthier? Randomized experiments provide answers. Are expensive private colleges and selective public high schools better than more pedestrian institutions? Regression analysis and a regression discontinuity design reveal the surprising truth. When private banks teeter, and depositors take their money and run, should central banks step in to save them? Differences-in-differences analysis of a Depression-era banking crisis offers a response. Could arresting O. J. Simpson have saved his ex-wife's life? Instrumental variables methods instruct law enforcement authorities in how best to respond to domestic abuse. Wielding econometric tools with skill and confidence, Mastering 'Metrics uses data and statistics to illuminate the path from cause to effect. Shows why econometrics is important Explains econometric research through humorous and accessible discussion Outlines empirical methods central to modern econometric practice Works through interesting and relevant real-world examples |
| labour market economics benjamin: Monopsony in Motion Alan Manning, 2013-12-03 What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the free market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject. |
| labour market economics benjamin: Regression Discontinuity Designs Juan Carlos Escanciano, Matias D. Cattaneo, 2017-05-11 Volume 38 of Advances in Econometrics collects twelve innovative and thought-provoking contributions to the literature on Regression Discontinuity designs, covering a wide range of methodological and practical topics such as identification, interpretation, implementation, falsification testing, estimation and inference. |
| labour market economics benjamin: Value Chains Intan Suwandi, 2019-08-22 Award-winning book showcases case studies uncovering the exploitation of labor and class in the Global South Winner of the 2018 Paul M. Sweezy—Paul A. Baran Memorial Award for original work regarding the political economy of imperialism, Value Chains examines the exploitation of labor in the Global South. Focusing on the issue of labor within global value chains, this book offers a deft empirical analysis of unit labor costs that is closely related to Marx’s own theory of exploitation. Value Chains uncovers the concrete processes through which multinational corporations, located primarily in the Global North, capture value from the Global South. We are brought face to face with various state-of-the-art corporate strategies that enforce “economical” and “flexible” production, including labor management methods, aimed to reassert the imperial dominance of the North, while continuing the dependency of the Global South and polarizing the global economy. Case studies of Indonesian suppliers exemplify the growing burden borne by the workers of the Global South, whose labor creates the surplus value that enriches the capitalists of the North, as well as the secondary capitals of the South. Today, those who control the value chains and siphon off the profits are primarily financial interests with vast economic and political power—the power that must be broken if the global working class is to liberate itself. Suwandi’s book depicts in concrete detail the relations of unequal exchange that structure today’s world economy. This study, up-to-date and richly documented, puts labor and class back at the center of our understanding of the world capitalist system. |
| labour market economics benjamin: Labour Regimes and Global Production Elena Baglioni, Liam Campling, Neil M. Coe, Adrian Smith, 2022 The book considers a range of conceptual debates around labor regimes and global production relating to issues of scale, informality, race, social reproduction, the labor process and migration as well as in relation to methods, theory and research practice. |
| labour market economics benjamin: Unemployment Insurance Reform David E. Balducchi, Christopher J. O'Leary, Suzanne Simonetta, Wayne Vroman, 2018-09-11 The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession. |
| labour market economics benjamin: New Capitalism? Kevin Doogan, 2013-08-26 In this stimulating and highly original work, Kevin Doogan looks at contemporary social transformation through the lens of the labour market. Major themes of the day — globalization, technological change and the new economy, the pension and demographic timebombs, flexibility and traditional employment — are all subject to critical scrutiny. We are often told that a new global economy has emerged which has transformed our lives. It is argued that the pace of technological change, the mobility of multinational capital and the privatization of the welfare state have combined to create a more precarious world. Companies are outsourcing, jobs are migrating to China and India, and a job for life is said to be a thing of the past. The so-called ‘new capitalism’ is said to be the result of these profound changes. Kevin Doogan takes issue with these widely-accepted ideas and subjects the transformation of work to detailed examination through a comprehensive analysis of developments in Europe and North America. He argues that precariousness is not a natural consequence of this fast-changing world; rather, current insecurities are manufactured, emanating from neoliberal policy and the greater exposure of the economy to market forces. New Capitalism? The Transformation of Work is sure to stimulate academic debate. Kevin Doogan's account will appeal not just to scholars, but also to upper-level students across the social sciences, including the sociology of work, industrial relations, globalization, economics, social policy and business studies. |
| labour market economics benjamin: Handbook of Labor Economics Orley Ashenfelter, David Card, 2010-12-14 A guide to the continually evolving field of labour economics. |
| labour market economics benjamin: International Handbook on the Economics of Migration Amelie F. Constant, Klaus F. Zimmermann, 2013-09-30 ŠThis is an extremely impressive volume which guides readers into thinking about migration in new ways. In its various chapters, international experts examine contemporary migration issues through a multitude of lenses ranging from child labor, human t |
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Jan 23, 2025 · The NEC is the National Executive Committee of the Labour Party. The primary purpose of the NEC is to provide strategic direction for the Party as a whole and to work in …
ANNUAL CONSULTATION 2025
The strength of our Labour movement produced our brilliant general election victory. But the work doesn’t stop there. Our Labour Government inherited unprecedented challenges, with crumbling …
Join Labour to change Britain
By becoming a Labour Party member, you can be a vital part of the team that will get Britain its future back.
Spending Review leaflet | Labour Shop
Description Leaflet about Labour's spending review . Size A5 2pp . Material 130gsm silk. Additional information packed in 500s
The Labour Party
Labour is made up of hundreds of thousands of members, coming together to get Britain’s future back. By joining, you can get involved with your local party, campaign with us on the issues …
Plan for Change – The Labour Party
These milestones reflect the priorities of working people and build on what Labour has already done to turn Britain around, having inherited unprecedented challenges, with crumbling public …
Labour Party Manifesto 2024: Our plan to change Britain
Jun 13, 2024 · Labour’s first steps for change show how we will begin to achieve those missions, with plans to deliver economic stability, cut NHS waiting times, launch a new Border Security …
About Us – The Labour Party
The Labour Party was formed to give ordinary people a voice and improve lives. Over the last 100 years, Labour has built a proud history of achievements in power, and now Keir Starmer has …
Missions – The Labour Party
Labour’s five missions for Government are: Kickstart economic growth – to drive growth, rebuild Britain, support good jobs, unlock investment, and improve living standards across the country. …
Labour's Spending Review 2025 – The Labour Party
6 days ago · Campaign for Labour. Volunteer; Learn about campaigning; Fund our campaign; Labour's manifesto. Mission-driven government; Kickstart economic growth; Make Britain a …
Internal Ballots - 2025 – The Labour Party
Jan 23, 2025 · The NEC is the National Executive Committee of the Labour Party. The primary purpose of the NEC is to provide strategic direction for the Party as a whole and to work in …
ANNUAL CONSULTATION 2025
The strength of our Labour movement produced our brilliant general election victory. But the work doesn’t stop there. Our Labour Government inherited unprecedented challenges, with …
Join Labour to change Britain
By becoming a Labour Party member, you can be a vital part of the team that will get Britain its future back.
Spending Review leaflet | Labour Shop
Description Leaflet about Labour's spending review . Size A5 2pp . Material 130gsm silk. Additional information packed in 500s
