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Books > Business & Economics > Economics > Labour economics > General

Curating with Care (Hardcover): Elke Krasny, Lara Perry Curating with Care (Hardcover)
Elke Krasny, Lara Perry
R3,802 Discovery Miles 38 020 Ships in 9 - 17 working days

This book presents over twenty authors' reflections on 'curating care' - and presents a call to give curatorial attention to the primacy of care for all life, and for more 'caring curating' that responds to the social, ecological and political analysis of curatorial caregiving. Social and ecological struggles for a different planetary culture based on care and respect for the dignity of life is reflected in contemporary curatorial practices that explore human and nonhuman interdependence. The prevalence of themes of care in curating is a response to a dual crisis: the crisis of social and ecological care that characterizes global politics, and the professional crisis of curating under the pressures of the increasingly commercialized cultural landscape. Foregrounding that all beings depend on each other for life and survival, this book collects theoretical essays, methodological challenges and case studies from curators working in different global geographies to explore the range of ways in which curatorial labour is rendered as care. Practicing curators, activists and theorists situate curatorial labour in the context of today's general care crisis. This volume answers to the call to more fully understand how their transformative work allows for imagining the future of bodily, social, and environmental care and the ethics of interdependency differently.

Employment Relations and National Culture - Continuity and Change in the Age of Globalization (Hardcover): Ferrie Pot Employment Relations and National Culture - Continuity and Change in the Age of Globalization (Hardcover)
Ferrie Pot
R3,423 Discovery Miles 34 230 Ships in 12 - 19 working days

Historically, alternative models of the employment relationship have developed across culturally diverse nation states. However, the trend towards globalization incorporates a powerful force towards an international uniformity of employment relations. Underlying the issues addressed in this book is the question of how important cultural differences are and will continue to be. Ferrie Pot analyses the impact of national culture on the way the employment relationship is organized using case studies from the United States and the Netherlands. Evidence from these countries suggests that nations respond to globalization in line with their cultural values. As such, this book challenges the widespread belief that global trends will lead to the homogenization of the employment relationship.

Quest for Inclusive Growth in Bangladesh - An Employment-focused Strategy (Hardcover, 1st ed. 2020): Muhammed Muqtada Quest for Inclusive Growth in Bangladesh - An Employment-focused Strategy (Hardcover, 1st ed. 2020)
Muhammed Muqtada
R2,905 Discovery Miles 29 050 Ships in 10 - 15 working days

This book offers a selection of intensely researched essays focused on the critical planning objectives and policy priorities that would enhance the promotion of inclusive growth in a developing country. It has taken Bangladesh as the case study. It argues for rethinking of traditional policies and provides arguments and ways to reorient these toward inclusive growth and better social inclusion. These involve a dedicated focus on employment and inclusion in the design of monetary and fiscal policies, trade and industrial policies, policies toward rural non-farm employment, social protection and safety net strategy and the nature of institutional and governance reforms which are imperative for ensuring inclusive growth. The studies included in the book were prepared before or at the onset of the ongoing COVID-19 pandemic and the unfolding economic crisis; yet they provide cursory observations on its likely impact, and underscore how the stated principles and policies of an inclusive growth strategy have become even more significant in the present situation. Bangladesh has been growing respectably during the past decade and a half and has arguably shown strong progress in several social indicators. However, inequality and vulnerability are rising alarmingly, and the economy is beset with high levels of corruption, as well as with various other governance deficits that can adversely affect future growth and social inclusion. The book provides a critical assessment of how far growth in Bangladesh has been inclusive, both over time, and in comparison to selected South and Southeast Asian countries. It constructs a specific 'inclusive growth index' with reference to what the study considers as the significant goals and pillars of inclusive growth. Bangladesh is not the only developing country that is faced with the arduous task of tackling unbalanced economic growth and of implementing the 2030 Agenda. Rising vulnerability, inequality, disappointing job growth and poor governance are also major challenges to inclusive growth for many countries in the Global South. Therefore, the appeal of this book extends well beyond the borders of Bangladesh and the South Asian region. Corresponding to SDG 8, the book is aimed at academia, researchers, policymakers, civil society leaders as well as other national and international development practitioners with an avid interest in issues concerning growth with equity, and in sync with the 2030 Agenda for Sustainable Development. In addition, the book is a valuable resource for interested students of disciplines related to economics and development policy.

Analysis of Multidimensional Poverty - Theory and Case Studies (Hardcover, 2009 ed.): Louis-Marie Asselin Analysis of Multidimensional Poverty - Theory and Case Studies (Hardcover, 2009 ed.)
Louis-Marie Asselin
R4,477 Discovery Miles 44 770 Ships in 10 - 15 working days

Poverty is a paradoxical state. Recognizable in the eld for any sensitive observer who travels in remote rural areas and urban slums and meets marginalized people in a given society, poverty still remains a challenge to conceptual formalization and to measurement that is consistent with such formalization. The analysis of poverty is multidisciplinary. It goes from ethics to economics, from political science to human biology, and any type of measurement rests on mathematics. Moreover, poverty is multifaceted according to the types of deprivation, and it is also gender and age speci c. A vector of variables is required, which raises a substantial problem for individual and group comparisons necessary to equity analysis. Multidimension- ity also complicates the aggregation necessary to perform the ef ciency analysis of policies. In the case of income poverty, these two problems, equity and ef ciency, have bene ted from very signi cant progress in the eld of economics. Similar achievements are still to come in the area of multidimensional poverty. Within this general background, this book has a very modest and narrow-scoped objective. It proposes an operational methodology for measuring multidimensional poverty, independent from the conceptual origin, the size and the qualitative as well as the quantitative nature of the primary indicators used to describe the poverty of an individual, a household or a sociodemographic entity.

Labour Market Economics (Routledge Revivals) (Paperback): D Sapsford Labour Market Economics (Routledge Revivals) (Paperback)
D Sapsford
R1,332 Discovery Miles 13 320 Ships in 12 - 19 working days

First published in 1981, Labour Market Economics develops the basic economic theory of introductory courses within the context of labour market analysis and applies it both to particular features and special problems of the subject. The author begins by outlining the nature of the area and the structure of the UK labour market at the time, and proceeds to explain and elaborate the tools of theoretical analysis. These are then applied in subsequent chapters to a variety of issues, including the economic analysis of trade unions, collective bargaining and the effects of unions, unemployment, wage inflation and the inequality of pay. Throughout the book, emphasis is placed on the economic theory of the labour market and the role of empirical work in testing its predictions, and wherever available, evidence from studies of the UK labour markets is cited.

Migration Policies in Europe and the United States (Hardcover): Giacomo Luciani Migration Policies in Europe and the United States (Hardcover)
Giacomo Luciani
R3,113 Discovery Miles 31 130 Ships in 10 - 15 working days

The themes of migration and economic development are traditionally related. The debate on these issues has recently gained much relevance, particularly in Europe, as the phenomenon of migration tends to be seen as a possible consequence (and cause) of political and environmental unrest. This volume is an important contribution to the move towards migration policies which increase total welfare, both in the host countries and in the countries of origin. It also explains problems specific to Europe and stresses the need for coordinated national policies.

Mobilizing Human Resources in the Arab World (RLE Economy of Middle East) (Hardcover): R. Paul Shaw Mobilizing Human Resources in the Arab World (RLE Economy of Middle East) (Hardcover)
R. Paul Shaw
R2,837 Discovery Miles 28 370 Ships in 12 - 19 working days

R. Paul Shaw has travelled widely in the Arab world, obtaining data and gathering impressions first-hand from national and local planners. In this book, he identifies population and manpower problems that are likely to become more serious and more difficult to solve if they are neglected at this early stage of Arab development. He focuses on five broad areas which are directly or indirectly related to mobilizing human resources, and his book will be of special interest to all those who are concerned with such issues as population, migration, employment, inequality, the emancipation of women, construction and agriculture. Dr Shaw proposes policy directives which are sensitive to the problems as they are seen by the Arab governments themselves, and sets out practical guidelines which can be used by Arab planners and policy-makers. An important feature of the book with respect to current literature on Arab development is that it moves away from a preoccupation with growth-related investments to a concentration on development-related population, manpower and employment issues. By bringing together such comprehensive empirical and bibliographic information, it will also be invaluable as a reference source for some twenty Arab countries. First published in 1983.

EU Labor Markets After Post-Enlargement Migration (Hardcover, 2010 ed.): Martin Kahanec, Klaus F. Zimmermann EU Labor Markets After Post-Enlargement Migration (Hardcover, 2010 ed.)
Martin Kahanec, Klaus F. Zimmermann
R2,921 Discovery Miles 29 210 Ships in 10 - 15 working days

Selected by Princeton University as Noteworthy Book in Industrial Relations and Labor Economics for 2010.

Are immigrants from the new EU member states a threat to the Western welfare state? Do they take jobs away from the natives? And will the source countries suffer from severe brain drain or demographic instability? In a timely and unprecedented contribution, this book integrates what is known about post-enlargement migration and its effects on EU labor markets. Based on rigorous analysis and hard data, it makes a convincing case that there is no evidence that the post-enlargement labor migrants would on aggregate displace native workers or lower their wages, or that they would be more dependent on welfare. While brain drain may be a concern in the source countries, the anticipated brain circulation between EU member states may in fact help to solve their demographic and economic problems, and improve the allocative efficiency in the EU. The lesson is clear: free migration is a solution rather than a foe for labor market woes and cash-strapped social security systems in the EU.

Capabilities, Allocation and Earnings (Hardcover, 1992 ed.): Joop Hartog Capabilities, Allocation and Earnings (Hardcover, 1992 ed.)
Joop Hartog
R3,067 Discovery Miles 30 670 Ships in 10 - 15 working days

1. 1 INTRODUCTION The final chapter of my Personal Income Distribution, a Hulticapability Theory (Hartog, 1981a) carried as its motto: 'Oh richness of the unfinished'. It concluded a book in which labor services were decomposed into services arising from different capabilities. Individuals were supposed to command stocks of capabilities and to decide on the utilization rates of these capabilities, by balanc ing efforts and rewards. The optimal capability bundle they so defined was to be realized by picking the job that just required this bundle. To derive analytical implications on the structure of the labor market and on the distribution of labor earnings, the key assumption was made that arbitrage in capability supply was possible, i. e., that effectively capabilities could be sold separ ately and carried a uniform unit price throughout the labor market. While many interesting analytical and empirical results followed, there was also an indication from empirical testing that an earnings function linear in capabilities could be outperformed by a non-linear func- 2 CAPABILITIES, ALLOCATION AND EARNINGS tion, and that the arbitrage assumption might be un tenable. This book attempts to harvest a little from the richness of the unfinished that was left. It returns to some of the old topics and adds some new ones, in a more general model that no longer imposes the assumption that capabilities can be treated as if they can be unbundled. It also draws on new datasets to explore the issues empirically."

The Economies of Africa and Asia in the Inter-war Depression (Routledge Revivals) (Hardcover): Ian Brown The Economies of Africa and Asia in the Inter-war Depression (Routledge Revivals) (Hardcover)
Ian Brown
R4,637 Discovery Miles 46 370 Ships in 12 - 19 working days

The great inter-war depression has long been seen as an unprecedented economic disaster for the peoples of the non-European world. This book, with its detailed assessment of the impact of the depression on the economies of Africa and Asia, challenges the orthodox view, and is essential reading for those with a teaching or research interest in the modern economic history of those continents. Established specialists in the modern economic history of parts of Africa or Asia put forward a number of revisionist arguments. They show that some economies were left essentially unscathed by the depression, and that for many export-dependent peasant communities which did face a severe drop in cash income as world commodity prices collapsed from the late 1920s, there was a range of important responses and reactions by which they could defend their economic welfare. For many peasant communities the depression was not a disaster but an opportunity.

Child Care, Parental Leave, and the Under 3s - Policy Innovation in Europe (Hardcover, New): Alfred Kahn, Sheila Kamerman Child Care, Parental Leave, and the Under 3s - Policy Innovation in Europe (Hardcover, New)
Alfred Kahn, Sheila Kamerman
R2,787 Discovery Miles 27 870 Ships in 10 - 15 working days

As more and more mothers of young children have entered the work force in America, the question of child care has become a major issue among employers, scholars, policymakers and, of course, the general public. The accepted view among those who see a high rate of female labor force participation as inevitable has long been to achieve a consistent maternal/parenting leave of approximately six months, followed by access to good quality child care facilities for use at parental option. Some European countries are, however, now going beyond this point by financially enabling parents to stay at home for one, two, or even three years after childbirth. Sheila Kamerman and Alfred Kahn explore with European scholars child care and parenting policies in six countries, and examine the motives and perspectives involved, the specific problems and their costs, the extent to which countries can report the impacts of their methods, and the potential implications of these experiences for the United States.

Through these national examples, the editors introduce an important policy debate concerning parenting and children under three. Among the questions raised are whether the government should make it financially easier for parents to remain at home, what the effects of leave policy would be on need for and use of child care facilities, what the relationships between such assistance and the broader income support policies would be and--ultimately--what the consequences of such policies might be for parents and children. The editors begin their work with an introductory chapter that defines the issues for the United States and the reasons for looking toward Europe, and follow with six chapters examining the policies of countries in the lead in this field: Austria, Germany, France, Hungary, Finland, and Sweden. The book concludes with a final chapter that suggests possible directions for U.S. policy. This work will be an important resource for planners and for courses in sociology, family studies, early childhood education, and social policy, as well as for public, corporate, and academic libraries.

Economies of Exclusion - Underclass Poverty and Labor Market Change in Mexico (Hardcover, New): Scott Sernau Economies of Exclusion - Underclass Poverty and Labor Market Change in Mexico (Hardcover, New)
Scott Sernau
R2,213 Discovery Miles 22 130 Ships in 10 - 15 working days

Rapid economic changes throughout the world economy offer new possibilities for economic development. Yet the multitude of people in an impoverished underclass often find the burst of economic development in their country continues to exclude them. As technologies and demographics reshape economies, the underclass finds its skills increasingly peripheral to the urban economy into which it is drawn. The daunting task before Mexico in raising the living standards of its people is carefully analyzed with the help of economic theory. The current focus on Mexico and Latin America since the passage of NAFTA makes this a particularly relevant book for economists and readers interested in labor, international topics, and in Mexico.

Confrontation, Class Consciousness, and the Labor Process - Studies in Proletarian Class Formation (Hardcover, Annotated... Confrontation, Class Consciousness, and the Labor Process - Studies in Proletarian Class Formation (Hardcover, Annotated edition)
Michael Hanagan, Charles Stephenson
R2,786 Discovery Miles 27 860 Ships in 10 - 15 working days
Work Won't Love You Back - How Devotion to Our Jobs Keeps Us Exploited, Exhausted, and Alone (Paperback): Sarah Jaffe Work Won't Love You Back - How Devotion to Our Jobs Keeps Us Exploited, Exhausted, and Alone (Paperback)
Sarah Jaffe
R581 R505 Discovery Miles 5 050 Save R76 (13%) Ships in 10 - 15 working days
Problems of Poverty (Routledge Revivals) - An Inquiry into the Industrial Condition of the Poor (Paperback): J. Hobson Problems of Poverty (Routledge Revivals) - An Inquiry into the Industrial Condition of the Poor (Paperback)
J. Hobson
R917 Discovery Miles 9 170 Ships in 12 - 19 working days

First published in 1891, this seminal work examines the primary causes of poverty during the industrial age. Through considering how poverty is measured, the growth of urbanisation and the supply of low-skilled labour in the workforce, Hobson arrives at possible solutions to the problem of poverty and explores the ethical issues surrounding it.

Mobility, Labour Migration and Border Controls in Asia (Hardcover, 2006 ed.): A. Kaur, I. Metcalfe Mobility, Labour Migration and Border Controls in Asia (Hardcover, 2006 ed.)
A. Kaur, I. Metcalfe
R2,894 Discovery Miles 28 940 Ships in 10 - 15 working days

This book examines international migration, security and border-management strategies in Asia, in the face of intensified transnational economic and social processes and the expanding governmental regime. It argues that state policy to migrants is increasingly shaped by, and responds to challenges such as border security, international agreements, and new norms of global governnace developed by NGOs and other international advocacy organizations. This volume will contribute to important debates about globalization, international migration and issues of cross-border movements, and inform debates on issues of security, governance and population movements in the Asia-Pacific region.

A Second Chance for Europe - Economic, Political and Legal Perspectives of the European Union (Hardcover, 1st ed. 2017): Jo... A Second Chance for Europe - Economic, Political and Legal Perspectives of the European Union (Hardcover, 1st ed. 2017)
Jo Ritzen
R2,561 Discovery Miles 25 610 Ships in 12 - 19 working days

This book calls upon us to rethink and reboot the European Union. The authors dissect the EU's many vulnerabilities: how some Member States are backsliding on the rule of law, freedom of the press, and control of corruption - and how globalization's 'discontents' are threatening the liberal international order. It examines the need for a common immigration policy; the need to rethink the unsustainable debt overhang of some Eurozone countries; and the need to use education to foster a European identity. Given the sum total of these vulnerabilities, the book argues, the EU may not survive beyond 2025 in its present form - that is, unless decisive action is taken. In turn, the book puts forward a number of workable solutions: a European economic model to secure full employment; a stronger European Court of Human Rights to counter systemic violations; a points-based immigration policy; clear exit options for the Eurozone; and an Open Education Area with a common second language. These solutions may reduce the number of EU countries, but would increase cohesion and overall survivability.

Expats and the Labor Force - The Story of the Gulf Cooperation Council Countries (Hardcover): G. Naufal, I. Genc Expats and the Labor Force - The Story of the Gulf Cooperation Council Countries (Hardcover)
G. Naufal, I. Genc
R2,859 Discovery Miles 28 590 Ships in 10 - 15 working days

Expats and the Labor Force examines the flows of people and money in the Gulf Cooperation Council (GCC) countries. This timely book outlines the reasons that made the Gulf region a destination for millions of migrants. Taking advantage of the discovery of large hydrocarbon reserves and relatively stable political environment, the GCC countries filled the large demand for labor with foreign workers. However the number, share, and source of expatriates have presented serious challenges for the region. Naufal and Genc discuss these consequences on the composition of the labor force and remittance outflows.

Trade, Markets and Welfare (Hardcover): Kelvin J. Lancaster Trade, Markets and Welfare (Hardcover)
Kelvin J. Lancaster
R3,491 Discovery Miles 34 910 Ships in 12 - 19 working days

Trade, Markets and Welfare brings together a selection of Kelvin Lancaster's seminal work on trade under monopolistic competition and oligopoly with differentiated products, as well as recent extensions to the analysis of markets in which the characteristics of products can be varied freely. Professor Lancaster argues that protection can sometimes improve world welfare, that there can be mutual trade gains between absolutely identical economies, and that entries of an additional firm may sometimes increase industry profits. The selection also includes some of Professor Lancaster's earlier works on trade and papers on several topics related to the theory of economic policy, including second best theory, wages policy, and a simple dynamic game model of capitalist growth. Trade, Markets and Welfare complements the first volume of Kelvin J. Lancaster's selected essays - Modern Consumer Theory - by expanding applications of consumer choice theory into new areas.

Economics of Immigration - The Impact of Immigration on the Australian Economy (Hardcover, 1st ed. 2016): P.N. Junankar Economics of Immigration - The Impact of Immigration on the Australian Economy (Hardcover, 1st ed. 2016)
P.N. Junankar
R3,600 Discovery Miles 36 000 Ships in 12 - 19 working days

Poverty, famines, wars, and ethnic conflicts lead to large movements of refugees. The papers in this book provide an analysis of the economics of immigration. Junankar discusses why people migrate, the likely destinations for migrants, and their employment in the destination countries. He studies the benefits to the migrant families in terms of higher wages and living standards, and also studies how immigrants fare in the Australian labour markets in terms of finding good jobs, and whether there is discrimination against them. Economics of Immigration analyses the macroeconomic impacts of immigration on the Australian economy and discusses why some groups favour immigration while other groups are against it. Junankar argues immigration has been beneficial for employment and growth; not only adding to labour supply but also to labour demand, hence leading to favourable outcomes. This collection of essays shows how immigration has helped the economic development of Australia, while also highlighting that the historical reasons for immigration lie in the colonisation of many countries in Asia and Africa.

Sourcebook of Labor Markets - Evolving Structures and Processes (Hardcover, 2001 ed.): Ivar Berg, Arne L. Kalleberg Sourcebook of Labor Markets - Evolving Structures and Processes (Hardcover, 2001 ed.)
Ivar Berg, Arne L. Kalleberg
R6,225 Discovery Miles 62 250 Ships in 10 - 15 working days

A distinguished roster of contributors considers the state of the art of the field at the turn of the 21st century and charts an ambitious agenda for the future. Following what the editors describe as an evolutionist' approach to the study of labor markets, the chapters address issues of continuity and discontinuity in a wide range of topics including: markets and institutional structures; employment relations and work structures; patterns of stratification in the United States; and public policies, opportunity structures, and economic outcomes.

Embodied Engineering - Gendered Labor, Food Security, and Taste in Twentieth-Century Mali (Hardcover): Laura Ann Twagira Embodied Engineering - Gendered Labor, Food Security, and Taste in Twentieth-Century Mali (Hardcover)
Laura Ann Twagira
R1,791 Discovery Miles 17 910 Ships in 12 - 19 working days

Foregrounding African women's ingenuity and labor, this pioneering case study shows how women in rural Mali have used technology to ensure food security through the colonial period, environmental crises, and postcolonial rule. By advocating for an understanding of rural Malian women as engineers, Laura Ann Twagira rejects the persistent image of African women as subjects without technological knowledge or access and instead reveals a hidden history about gender, development, and improvisation. In so doing, she also significantly expands the scope of African science and technology studies. Using the Office du Niger agricultural project as a case study, Twagira argues that women used modest technologies (such as a mortar and pestle or metal pots) and organized female labor to create, maintain, and reengineer a complex and highly adaptive food production system. While women often incorporated labor-saving technologies into their work routines, they did not view their own physical labor as the problem it is so often framed to be in development narratives. Rather, women's embodied techniques and knowledge were central to their ability to transform a development project centered on export production into an environmental resource that addressed local taste and consumption needs.

The Creation and Analysis of Employer-employee Matched Data (Hardcover, 1st ed): John Haltiwanger, Julia I. Lane, J.R.... The Creation and Analysis of Employer-employee Matched Data (Hardcover, 1st ed)
John Haltiwanger, Julia I. Lane, J.R. Spletzer, J. Theeuwes, K. Troske
R5,759 Discovery Miles 57 590 Ships in 12 - 19 working days

This book consists of a selected subset of papers presented at the International Symposium of Linked Employer-Employee Data, held in Washington DC, in May 1998 - to address the creation and analysis of such matched data in an environment that safeguards respondent confidentiality. The conference brought together a wide range of social scientists and statisticians from more than 20 countries.

Three broad themes are highlighted:
(1) The analysis of linked employer-employee data.
The basic finding of this and the next section is that the firm matters a good deal in explaining the differences in earnings, productivity, and work experiences of individual workers. Linked data allow the researcher to disentangle the firm effects from the worker effects.
(2) Econometric issues involved with the analysis of such data.
Creating and analyzing employer-employee matched data sets presents a number of new econometric problems that are not present in standard micro-data sets containing just workers or just employers. However, these data also offer us a unique opportunity to examine the effects of some of the econometric problems involved in using the other data sources. The chapters in this section address both of these issues. The first two chapters examine new econometric issues involved in the creation and use of matched data sets, while the second two chapters use matched data to examine possible problems with cross-sectional or panel data on workers. The results from each of these chapters will be valuable to all empirical researchers, regardless of whether they are using employer-employee matched data or more standard cross-sectional or panel data sets.
(3) Ongoing effortsaimed at creating large-scale linked employer-employee data.
The last section of this book describes four recent efforts at creating linked employer-employee data through surveys of firms and individuals. The first two chapters describe an "employers first" methodology of creating linked employer-employee data, and the last two chapters describe an "employees first" methodology. The two "employees first" surveys described here are, as far as known, the only two large-scale surveys in production that follow this design. Each of the four chapters in this section describes details about the design and field operation of the survey that will be indispensable to others who might want to create or analyze linked employer-employee survey data.


The 23 chapters in this book provide a glimpse into the future of labor economics and industrial organization. It can be said that labor economics and public policy around the world has been dominated over the past several decades by quantitative analyses based upon public-use US micro-data. In the future, it is very likely that economics and social policy in the United States and elsewhere will depend on quantitative analysis based on linked employer-employee micro-data currently residing in all continents of the world.

Contract Options for Buyers and Sellers of Talent in Professional Sports (Hardcover, 1st ed. 2020): Duane W. Rockerbie, Stephen... Contract Options for Buyers and Sellers of Talent in Professional Sports (Hardcover, 1st ed. 2020)
Duane W. Rockerbie, Stephen T Easton
R1,767 Discovery Miles 17 670 Ships in 10 - 15 working days

This Palgrave Pivot re-examines salary formation in Major League Baseball in light of real option theory to clarify the connection between salary and marginal revenue product for professional baseball players. Current literature has tended to treat single-year and multi-year contracts similarly, ignoring the potential option value for teams and for players. Recent work points to the observation that both high-productivity and low-productivity athletes have salaries that systematically differ from their marginal revenue product, and that free agents signing multi-year contracts are overpaid relative to free agents signing one-year contracts. This book argues that the value of signing an athlete to a contract should be determined similarly to the determination of the value of an investment project or a financial asset. This book demonstrates how to calculate the value of real options to the player and the team owner with a simple two-year contract, and offers extensions to the real options model for multiyear contracts or when a player is early or late in his career.

The Informal Economy - Seasonal Work, Street Selling and Sex Work (Hardcover, 1st ed. 2016): Dominique Boels The Informal Economy - Seasonal Work, Street Selling and Sex Work (Hardcover, 1st ed. 2016)
Dominique Boels
R3,529 Discovery Miles 35 290 Ships in 12 - 19 working days

This book examines the nature and regulation of the informal economy by means of a collective case study in a highly regulated Western country. The book, situated at the intersection of criminology and sociology, investigates the relation between formal, informal and criminal work in three urban and rural labour markets (seasonal work, street trade and sex work) alongside the impact of state policies on informality. Boels uncovers the differential position authorities take regarding these labour markets, notwithstanding the presence of informality and often vulnerable position of workers in each one of them. With a distinctive focus on informal workers, and through in-depth interviews, this study explores the life and work of informal workers, including their experiences with regulators, their motivations for working informally and their perceptions of state policy. In short, this book gives a voice to often ignored but crucial participants of the informal economy. The detailed discussion of the results and the links to theoretical frameworks will ensure this book is of particular interest to scholars of urban economics and governance, criminology, and sociology.

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