This book studies the dynamics of monetary and fiscal interactions in the Euro Area. The policy makers are the European Central Bank and national governments. The primary target of the ECB is low inflation. And the primary target of a national government is low unemployment. However, there is a short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. Another focus is on simultaneous and independent policy decisions. And a third focus is on policy cooperation. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. The key question is: Given a shock, what are the dynamic characteristics of the resulting process?

This Handbook focuses on the complexity surrounding the interaction between trade, labour mobility and development, taking into consideration social, economic and human rights implications, and identifies mechanisms for lawful movements across borders and their practical implementation.

This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). Institutional Conflicts and Complementarities is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from Institutional Conflicts and Complementarities is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.

The contributions in this volume, by leading economists from major universities in Europe and USA, cover research at the front line of econometric analysis and labour market applications. The volume includes several papers on equilibrium search models (a relatively new field), and job matching, both seen from a theoretical and from an applied point of view. Methods on and empirical analyses of unemployment durations are also discussed. Finally, a large group of papers examine the structure and the dynamics of the labour market in a number of countries using panel data. This group includes papers on data quality and policy evaluation. The high unemployment in most countries makes it necessary to come up with studies and methods for analysing the impact of different elements of economic policies. This volume is intended to contribute to further development in the use of panel data in economic analyses.

From the contributors to The Conversation, this collection of essays by leading experts in biotechnology provides foundational knowledge on a range of topics, from CRISPR gene sequencing to the ethics of GMOs and "designer babies." In The Conversation on Biotechnology, editor Marc Zimmer collects essays from The Conversation U.S. by top scholars and experts in the field, who present a primer on the latest biotechnology research, the overwhelming possibilities it offers, and the risks of its abuse. From an overview of CRISPR technology and gene editing in GMOs to the ethical questions surrounding "designer babies" and other applications of biotechnology in humans, it highlights the major implications biotechnology will bring for health and society. Topics range from the spectacular use of light to fire individual neurons in the brain to making plant-based meats; from curbing diseases with genetically modified mosquitoes to looking back on 40 years of opinions on IVF babies. The Critical Conversations series collects essays from top scholars on timely topics, including water, biotechnology, gender diversity, gun culture, and more, originally published on the independent news site The Conversation U.S. Contributors: Nathan Ahlgren, Ivan Anishchenko, Trine Antonsen, Jennifer Barfield, Pedro Belda-Ferre, Ari Berkowitz, Adeline Boettcher, Jason Delbourne, Kevin Doxzen, Mo Ebrahimkhani, Eleanor Feingold, J. Benjamin Hurlbut, Cecile Janssens, Samira Kiani, Amanda Kowalczyk, Mariana Lamas, Andrew Lapworth, Rebecca Mackelprang, Kathleen Merrigan, Saman Naghieh, Sean Nee, Dimitri Perrin, Christopher Preston, Jason Rasgon, Penny Riggs, Jason Robert, Oliver Rogoyski, Gary Samore, Sahotra Sarkar, George E. Seidel, Patricia A. Stapleton, Craig W. Stevens, Paul B. Thompson, Christopher Tuggle, Vikramaditya G. Yadav, Marc Zimmer

This contributor volume brings the best work of such established historians as Morris Schappes, Nathan Godfried, and Eric Foner together with the newer voices of Elizabeth Sharpe and Jennifer Bosch. Its eleven essays challenge the boundary between the older, institutional labor history and the more recent social histories of working people. By combining a focus on culture, women's history, and race relations that is characteristic of the best of the latest working class history with an emphasis on formal protests, leadership, and power, the volume suggests that a truly new labor history will reflect a variety of concerns and draw on diverse inspirations. In three chapters elucidating new features of labor biography and working-class politics, the volume's opening section considers George Edwin McNeill, the Socialist Party's efforts to free Eugene Debs, and the Socialist Party's left wing. Turning to women in labor history, the next section includes two chapters on Union W.A.G.E., an organization of mainly white, working class women, and Ellen Gates Starr, co-founder of Hull House. In a third section on African-American history, two scholars consider Black labor and African-American laborers in the Reconstruction era. The final section considers culture, education, and the working class. These chapters analyze the role of broadcasting and the Socialists' effort to establish an alternative radio station; labor education in the 1920s; the literary portrayal of sailors in Dana's Two Years Before the Mast, and the victims of the Rapp-Coudert Committee. By placing workers and their organizations convincingly within the context of their culture, this volume helps to demonstrate the ways the labor movement has remade this nation and how the nation has shaped the labor movement.

This book investigates the extent to which the European Union intervenes, and should intervene, in domestic labour law. It examines the stated and potential rationales for EU intervention, and argues that there are considerable merits to be derived from separating out the integrationist, economic and social arguments which have been deployed in defence of EU intervention. It critically considers the competence of the EU to act in this field, and seeks to demonstrate that proper regard for the subsidiarity and proportionality principles can contribute to the legitimacy of the EU. The book is informed by the ongoing debate on governance in Europe, and aims to provide insights into the implications of shifts in policy-making technique. From the governance perspective, labour law is a particularly useful focus of study, given the range of traditional and new approaches to governance which have been attempted, from harmonisation through framework measures to the open method of coordination, and the range of actors involved in the policy making process. The intention is not to provide an exhaustive account of European intervention in the labour law arena. Instead it provides a framework to enable the reader to think about the role that the EU has, and should, play in this field, and argues that European level intervention can make a valuable contribution to the making of labour law in European Member States.

The book provides a thorough but concise exposure to macroeconomics to post school students as well as those studying economics for the first time. Following an introduction that gives an overview of macroeconomics as well as a brief discussion of the main macroeconomic problems that societies face, the book then looks at national income accounting and economic performance. The book looks at the unemployment problem. There is also a discussion of aggregate supply and demand theory, and the role of that theory in explaining the determinants of aggregate economic output and employment. The problem of inflation and is also discussed. The reality that the economies of most countries are interconnected with that of the rest of the world is discussed under open-economy. The book then discusses economic growth in both the short-run and the long run.

Labour markets are differentiated by occupation and types of training, and these submarkets are seldom in equilibrium. This disequilibrium -- shortages and surpluses in labour markets -- is often attributed to a lack of flexibility in wage structures, the limited possibility for substitution between submarkets, and the high adjustment costs. In addition, market changes are difficult to foresee, thus making it equally difficult to respond appropriately. This book contains the results of research from three major European institutes -- the Research Centre for Education and the Labor Market (ROA) at the University of Limburg in the Netherlands, the Institute for Employment Research (IER) at the University of Warwick in the U.K., and Institut fA1/4r Arbeitsmarkt- und Berufsforschung (IAB) at the Bundesanstalt fA1/4r Arbeit in Germany -- looking at how each institute conducts labour market forecasts by education and type of training. The common element of these institutes is their use of the manpower requirements method. The book is grouped into three parts -- Models and Methods, Forecasts, and Reflections -- with each institute presenting its results in each section.

This book provides a concise and accessible history of the relationship between the individual and capitalism in the United States. The text is devoted to tracking the historical development of important themes, whilst addressing key episodes in the progress of American capitalism within these, such as the Great Depression and New Deal. The book will introduce students to the key philosophical principles that have been the most influential in the history of free enterprise in the United States as well as exploring the ways in which these ideas have been popularly understood by Americans from the late eighteenth century to the present. Liberalism and Neoliberalism, entrepreneurialism, slavery and racial capitalism, and business and gender are all assessed. The material in this volume is complimented by a set of primary source documents that bring the subject to life. It will be of interest to students of American history, business and labor history.

Kirsten Sehnbruch uses the case study of Chile to show the failures and inner-working of neo-liberal labour policy. She shows in detail what the real policy issue should be, namely the creation of proper institutions and of a corps of competent professionals with relevant skills and powers to operate them. This is extremely timely work, in that institutions are a matter of enormous concern in the international development community of policy-makers, who are desperate to make current orthodoxy work in terms of sustainability, the quality of life, human development and other dimensions beyond GDP growth.

Whether as slaves or freedmen, the political and social status of African Americans has always been tied to their ability to participate in the nation's economy. Freedom in the post--Civil War years did not guarantee equality, and African Americans from emancipation to the present have faced the seemingly insurmountable task of erasing pervasive public belief in the inferiority of their race.

For Jobs and Freedom: Race and Labor in America since 1865 describes the African American struggle to obtain equal rights in the workplace and organized labor's response to their demands. Award-winning historian Robert H. Zieger asserts that the promise of jobs was similar to the forty-acres-and-a-mule restitution pledged to African Americans during the Reconstruction era. The inconsistencies between rhetoric and action encouraged workers, both men and women, to organize themselves into unions to fight against unfair hiring practices and workplace discrimination.

Though the path proved difficult, unions gradually obtained rights for African American workers with prominent leaders at their fore. In 1925, A. Philip Randolph formed the first black union, the Brotherhood of Sleeping Car Porters, to fight against injustices committed by the Pullman Company, an employer of significant numbers of African Americans. The Congress of Industrial Organizations (CIO) emerged in 1935, and its population quickly swelled to include over 500,000 African American workers. The most dramatic success came in the 1960s with the establishment of affirmative action programs, passage of the Civil Rights Act of 1964, and Title VII enforcement measures prohibiting employer discrimination based on race.

Though racism and unfair hiring practices still exist today, motivated individuals and leaders of the labor movement in the nineteenth and twentieth centuries laid the groundwork for better conditions and greater opportunities. Unions, with some sixteen million members currently in their ranks, continue to protect workers against discrimination in the expanding economy. For Jobs and Freedom is the first authoritative treatment in more than two decades of the race and labor movement, and Zieger's comprehensive and authoritative book will be standard reading on the subject for years to come.

This volume examines the source of ideas in active labor market policies in the US, France, Denmark, UK and at European Union level. What are the most likely trajectories of active labour market policies in different national settings? Will welfare reform become more punitive towards welfare recipients, thus implying that the EU will just pay lip service to the commitment to social justice that is at the core of the European social model?

Empirical and mathematically rigorous, this book provides a study of the economics of prostitution rather than focusing on the sociological and cultural themes. Using economic tools of analysis, internationally based editors have put together a theoretically informed volume that explores the supply and demand of prostitution.

Prostitution is a globalized industry involving millions of workers and it is characterized by a high degree of inequality in working conditions (ranging from slavery to self-managed and legalized unionized employment), by different sub-markets and fully integrated in the productive system.

Taking a provocative approach to prostitution, this book is a must read for students and researchers in the area of gender and economics.

The rapid growth of offshore outsourcing in manufacturing and IT-based services is unleashing dramatic changes around the world. This book brings together leading scholars and practitioners to analyze the implications of this huge transformation. For some observers, offshore outsourcing promises more rapid economic growth for both developed and developing countries. For others, it unravels the social contract in today's rich countries, as labor and governments lose bargaining power vis-a-vis globally mobile capital. For yet others, it offers some developing countries the opportunity to leapfrog, while pushing others even further to the sidelines. This book provides a uniquely comprehensive, yet diverse account of the winners and losers from offshore outsourcing and of how policy might be used to spread its benefits more widely and equally.

This authoritative book, bringing together the reports of the Competitiveness Advisory Group, identifies actions to improve European competitiveness politically, economically and socially. The objective is to raise living standards and maintain social cohesion. The Competitiveness Advisory Group has the mission of advising the European Commission and the Heads of State and Government of the European Union. The members of this independent group, which includes leading industrialists, trade unionists, politicians and academics, have adopted a 'bottom-up' approach, seeking to draw lessons from the experience of countries, industries and firms: they rely on 'benchmarking' in order to identify best practice. In the context of increasing interdependence of world trade and consequent globalization of the international economy new policy prescriptions are required for growth and employment, greater efficiency and higher standards of living. In relation to this, the Group discusses the need to close the worldwide technology gap, for Europe to develop deeper relations with the fast growing Asia Pacific region and argues for greater European solidarity in international trade negotiations. Within the European Union itself, it emphasizes the need to achieve the internal market for the free flow of goods, services and people. In addition, it stresses that Europe needs to catch-up, construct and eventually lead the development of the information society in which workers are recognized as a major asset to be invested in. The Group concludes that, although unemployment remains high, European competitiveness now has a brighter future with the movement towards economic and monetary union, and the enlargement of the European Union eastwards. This book will be essential reading for policymakers, government advisers, industrialists and academics concerned with the future of European economies and societies.

This book analyzes the everyday lives of labour migrants in a rapidly developing city-state. Using the emirate of Dubai as a case study, Migrant Dubai shows that even within highly restrictive mobility regimes, marginalized migrants find ways to cope with structural inequalities and quotidian modes of discrimination.

This significant book explains how work-life balance is being destroyed because individuals fail to link their work effort with its adverse environmental effects and the personal costs they impose. The burgeoning literature dealing with work-life balance suggests that the developed world is more interested in this issue today than at any other time in the recent past. Provocative and insightful, Work, Leisure and the Environment presents a rigorous explanation based on economic theory as to why contemporary societies suffer from over-work and work-life imbalance, asserting that they are both the cause and effect of environmental degradation. The author focuses upon a fundamental flaw in contemporary market economies that causes individuals to unknowingly reduce their well-being by working and consuming excessively, while enjoying inadequate leisure time. It is argued that this inability to correctly assess the benefits derived from their work effort causes individuals to place unreasonable and unsustainable demands on the environment. By ignoring the environmental destruction that accompanies work effort, its benefits are overestimated and, as a consequence, individuals voluntarily choose to work longer hours than they should. This engaging volume will have widespread appeal amongst researchers and policymakers interested in the environment, consumerism and labour markets and will also be an invaluable reference tool for studies into leisure and work-life balance.

The vision of a 'new' international division of labour, involving relocation of 'traditional' industrial activities to the Third World and specialisation in 'high-technology' industries by developed countries is an attractive one. But critics respond that this vision conceals the reality of heightened exploitation in the former and industrial and geographic decline in the latter. However, critical approaches are sometimes vitiated by economistic, functionalist and determinist arguments. Because of the potential they offer to overcome these conceptual dilemmas, French regulation theories have attracted attention among scholars from diverse disciplines. This book assesses the implications of French regulation theories for our understanding of the concept of the international division of labour. It distinguishes the Parisian approach, represented by Michel Aglietta and Alain Lipietz, from the Grenoble school. It is based on a thorough study of the French literature and on interviews with the major theorists. For English-language readers, the book offers an excellent introduction to Francophone debates in international political economy.

Creative Labour Regulation is an interdisciplinary response to the central contemporary challenges to effective labour regulation. Drawing on contributions by leading experts from the Regulating for Decent Work Network, it offers new ideas for research and policy.The book identifies three central challenges to contemporary labour regulation: intensifying labour market fragmentation; complex interactions between labour market institutions; and obstacles to effective enforcement. International in scope, the volume includes chapters on both advanced economies (Europe and the United States) and the developing world (Argentina, Cambodia, South Africa and Viet Nam).Topics addressed include the regulation of precarious and informal work, the role of minimum wage regulation in industrialized and low-income countries, the promise and limitations of 'hybrid' public-private enforcement mechanisms - including in the International Labour Organization/International Finance Corporation's Better Work programme - and the involvement of labour inspectorates and civil society organizations in implementing labour standards.Creative Labour Regulation acknowledges the complexity of ensuring labour protection in contemporary economies. It concludes, however, that innovation in devising more effective legal regulation is possible, in both the advanced industrialized world and in low-income countries.

This book is concerned with the ways in which the problem of security is thought about and promoted by a range of actors and agencies in the public, private and nongovernmental sectors. The authors are concerned not simply with the influence of risk-based thinking in the area of security, but seek rather to map the mentalities and practices of security found in a variety of sectors, and to understand the ways in which thinking from these sectors influence one another. Their particular concern is to understand the drivers of innovation in the governance of security, the conditions that make innovation possible and the ways in which innovation is imagined and realised by actors from a wide range of sectors. The book has two key themes: first, governance is now no longer simply shaped by thinking within the state sphere, for thinking originating within the business and community spheres now also shapes governance, and influence one another. Secondly, these developments have implications for the future of democratic values as assumptions about the traditional role of government are increasingly challenged. The first five chapters of the book explore what has happened to the governance of security, through an analysis of the drivers, conditions and processes of innovation in the context of particular empirical developments. Particular reference is made here to 'waves of change' in security within the Ontario Provincial Police in Canada. In the final chapter the authors examine the implications of 'nodal governance' for democratic values, and then suggest normative directions for deepening democracy in these new circumstances.

High unemployment rates in the period of an internationalization of economies and an intensified technological competition are the main problems that exist in most EU countries. Taking stock of unemployment patterns, technological trends and employment opportunities in the EU and the US is crucial for the reform debate in Europe. In continental Europe, major problems are an insufficient creation of new firms in innovative technology fields, inadequate labor market developments and inconsistent R&D policies. Founded on new data evaluations, the book presents an innovative analysis of these topics and shows opportunities for reforms.

In economics, the voluntary sector is surprisingly understudied. In order to fully understand economics, unpaid and voluntary work needs to be taken into account and afforded the same status as paid activities. This book constitutes a rigorous economic analysis with special emphasis on gender issues and covers every conceivable angle of unpaid work and all its ramifications for the modern economy. The unified vision offered by this group of leading contributors ensures this book is a work of excellent quality. There is every chance it will become a seminal study on unpaid work and as such will provide a useful reference for students and academics involved in gender studies, econometrics, and consumption studies.