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Books > Business & Economics > Economics > Labour economics
The leading textbook on imperfect labor markets and the institutions that affect them-now completely updated and expanded Today's labor markets are witnessing seismic changes brought on by such factors as rising self-employment, temporary employment, zero-hour contracts, and the growth of the sharing economy. This fully updated and revised third edition of The Economics of Imperfect Labor Markets reflects these and other critical changes in imperfect labor markets, and it has been significantly expanded to discuss topics such as workplace safety, regulations on self-employment, and disability and absence from work. This new edition also features engaging case studies that illustrate key aspects of imperfect labor markets. Authoritative and accessible, this textbook examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, family policies, equal opportunity legislation, collective bargaining, early retirement programs, and education and migration policies. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are being transformed today. Fully updated to reflect today's changing labor markets Significantly expanded to discuss a wealth of new topics, including the impact of the COVID-19 pandemic Features quantitative examples, new case studies, data sets that enable users to replicate results in the literature, technical appendixes, and end-of-chapter exercises Unique focus on institutions in imperfect labor markets Self-contained chapters cover each of the most important labor-market institutions Instructor's manual available to professors-now with new exercises and solutions
Bookman takes a detailed look at the goals and motivations of high-income middle-aged women who want to enter the labor force after having spent most of their adult lives tending their homes, raising children, and volunteering in the community. The book examines the supply of their labor, their incentives, their motivations, and the fears they face as they evaluate their future options. Bookman also discusses the demand for their skills by reviewing the opportunities available to them in the labor market and detailing what they can realistically aspire to and what obstacles they are likely to encounter. By describing the changes in the workplace that are likely to affect middle-aged women, the book offers a compelling labor market study with regard to this unique group of workers. Bookman makes four major contributions to the literature on women's studies issues in her book. First, she focuses on middle age by addressing the needs and concerns of this booming age bracket. Second, she introduces the concept of the Third Career, in which women want to be employed but not in a demanding or stressful career. Instead, they prefer part-time work or work with greater flexibility, and they are willing to sacrifice income in order to achieve these objectives. Third, the book uses the concepts of shadow skills and human capital to describe the demand for middle-aged female labor. Finally, the book analyzes the possible economic losses and gains to society when middle-aged women enter the labor force, concluding that the net contribution to the economy is positive.
This book examines the role of law in regulating and influencing the lived experiences of posted workers in Europe. The ‘posting’ of workers is an unusual type of labour mobility, where workers are hired out to provide a specific service in another country. Although it involves a specialised area of law, it is one that serves as a magnifying glass for the long-standing tension between the economic and social dimensions of law’s regulatory role. As an atypical form of labour migration, posting also touches upon broader themes concerning the role and purpose of labour law in a changing world of work. Taking up these themes through interviews with posted workers, lawyers and employers, the book adopts a sociolegal approach to consider how the law shapes the precarious lived experiences of posted workers in Europe. Giving voice to those with first-hand experience, the book goes on to propose solutions that might address the precarity of posted work. This book will be of interest to scholars, researchers and practitioners working in the areas of labour law, sociolegal studies, EU law, and migration.
The woman's role in society has often been undervalued and relegated to the background. Even though opportunities are increasingly made available for women in society, they are still at a great disadvantage. Years of thorough research have revealed how providing increased job opportunities in the labor market is vital for developing a republic's economy. Of course, a country with very little participation of the female population in the labor market will have nothing but a stunted economic and social situation seeing that only half the population are actively contributing to its growth. In the light of the knowledge boom in this modern age, policies have to be made, and strategies are drawn to promote gender equality and provide as many opportunities for women as men in the labor market. This book focuses on the global labor market and how the present and future improvements of gender equality reflect upon it. It also contains the strategies and policies created to combat gender discrimination in the labor market to provide equal opportunities to everybody irrespective of the gender or ethnic affiliations.
This edited volume investigates how refugee communities in the Middle East have adapted to secure their livelihoods within the informal economy. Focusing on Lebanon and Jordan, which between 2011 and 2020 received more refugees as a proportion of their population than any other countries in the world, this edited volume investigates the informal mechanisms that Syrian refugees have adopted to fit into the informal economies of Lebanon and Jordan in the face of significant challenges and barriers. The volume investigates how legality, temporality, connectedness, gender, and geography, among other factors, have influenced the emergence of refugee communities’ informal adaptive mechanisms. Drawing on in-depth, original research among Syrian refugee tribal communities, agricultural workers, female-headed households, and micro-entrepreneurs, the volume provides tangible policy and practice recommendations to help to improve the situation of refugees and vulnerable populations that are employed in the informal economy. Highlighting the resilience and agency demonstrated by refugees, this edited volume’s original community-based analysis will be of interest to students, researchers, and professionals from across Middle East studies, refugee studies, informal labor economics, and development studies.
Throughout the 1990s, Russian households experienced a dramatic fall in their traditional sources of subsistence: wages and social benefits. Many commentators have argued that households have adopted 'survival strategies' that enable them to make ends meet, particularly taking second jobs, growing their own food and calling on the help of family and friends. This book reviews the available data to analyse the forms, scale and incidence of these phenomena. The author finds that so-called 'survival strategies' merely represent a continuation of traditional soviet practices. He demonstrates that they disproportionately benefit the better off and that they do not provide a means by which those who have suffered misfortune can compensate for a fall in their earnings. Instead, he illustrates that most Russian households have adapted simply by cutting expenditure rather than by finding new sources of income. The author concludes by arguing that the notion of a 'household survival strategy' is inappropriate for the study of post-soviet society. Based on the analysis of a wide range of qualitative and quantitative data, Making Ends Meet in Contemporary Russia provides a comprehensive analysis of the means by which Russian households have secured their subsistence in the face of a collapse in wages and employment since the end of the soviet system. It will be required reading for all students, scholars and researchers of transition studies, development studies and human geography.
Bernan Press proudly presents the 15th edition of Employment, Hours, and Earnings: States and Areas, 2020. A special addition to Bernan Press Handbook of U.S. Labor Statistics: Employment, Earnings, Prices, Productivity, and Other Labor Data, this reference is a consolidated wealth of employment information, providing monthly and annual data on hours worked and earnings made by industry, including figures and summary information spanning several years. These data are presented for states and metropolitan statistical areas. This edition features: Nearly 300 tables with data on employment for each state, the District of Columbia, and the nation's seventy-five largest metropolitan statistical areas (MSAs) Detailed, non-seasonally adjusted, industry data organized by month and year Hours and earnings data for each state, by industry An introduction for each state and the District of Columbia that denotes salient data and noteworthy trends, including changes in population and the civilian labor force, industry increases and declines, employment and unemployment statistics, and a chart detailing employment percentages, by industry Ranking of the seventy-five largest MSAs, including census population estimates, unemployment rates, and the percent change in total nonfarm employment, Concise technical notes that explain pertinent facts about the data, including sources, definitions, and significant changes; and provides references for further guidance A comprehensive appendix that details the geographical components of the seventy-five largest MSAs The employment, hours, and earnings data in this publication provide a detailed and timely picture of the fifty states, the District of Columbia, and the nation's seventy-five largest MSAs. These data can be used to analyze key factors affecting state and local economies and to compare national cyclical trends to local-level economic activity. This reference is an excellent source of information for analysts in both the public and private sectors. Readers who are involved in public policy can use these data to determine the health of the economy, to clearly identify which sectors are growing and which are declining, and to determine the need for federal assistance. State and local jurisdictions can use the data to determine the need for services, including training and unemployment assistance, and for planning and budgetary purposes. In addition, the data can be used to forecast tax revenue. In private industry, the data can be used by business owners to compare their business to the economy as a whole; and to identify suitable areas when making decisions about plant locations, wholesale and retail trade outlets, and for locating a particular sector base.
In today's climate, academics, professional community and policy makers all have input in critical gender issues, as well as in the entrepreneurship and human capital issues. Various gender issues are published involving many scientific fields, including business, management and accounting research. Presenting the topic of gender issues, entrepreneurship and human capital, this book collects the main output of the researches presented at the Annual Workshop of IPAZIA 2019 of Rome in Italy. The authors provide a renewed and fruitful analysis of these topics, with the purpose of advancing the gender theories in the international context.
Basic income is one the most innovative, powerful and controversial proposals for addressing poverty and growing inequalities. This book examines the arguments for and against basic income from the point of view of economic and social justice.
This open access book builds on the European Union's (EU) Horizon 2020 project 'Financial and Institutional Reforms for an Entrepreneurial Society' (FIRES). The authors outline how Europe can move towards more inclusive, innovative and sustainable growth through reforms that will rekindle its entrepreneurial spirit. Based on decades of research and countless discussions with stakeholders, the book also features the FIRES project's full list of policy interventions and institutional reforms that can help policymakers make that agenda a reality.
This timely research review pinpoints seminal works on active labour market policies. Topics covered in this review include econometric policy evaluation, social experiments, regression discontinuity designs, evaluations of active labour market policies and ending with final conclusions on evaluating the evaluations.
This book provides a broad overview of the current research on various aspects of development, with a focus on India. The content and treatment of the subject of development in this volume is distinctive in many ways. It is a balanced mix of theory and practical elements, dealing with a number of issues at micro as well as macro levels. The analyses of the current socio-economic problems are attempted in an elegant yet simple manner which makes it equally useful for an aspiring researcher in economics or any inter disciplinary field. The methodologies of the articles include analytical verbal argumentative logic, theoretical constructs or different versions of statistical, econometric or programming techniques. It also contains well written survey articles, which are useful in grasping the fundamental research issues and in tracing the progress of research in an area. The general scope of the book is very wide as the readership can include researchers, scholars, graduate and undergraduate students, policy makers and practitioners. Though the contributors are primarily scholars in the field of Economics or Statistics, the book contains useful takeaways for those working in the area of Development. It will also be of interest to policy makers and practitioners interested in development issues, and to post graduate students in Economics or any field, in social science, management or development.
This highly topical book explores key issues in evaluating the long-run implications of population ageing for pensions, taxation, intergenerational equity and social welfare. Societies face long-term phenomena, such as demographic change and climate change that impose costs and benefits far into the future. These present challenges for policymakers in planning intertemporal consumption paths that balance the goals of efficiency and equity. An exploration of these issues, with respect to population ageing in particular, is the primary motivation for this book. John Creedy and Ross Guest evaluate these problems with a particular focus on the role of concepts, assumptions and value judgements. This book will be a fascinating read for researchers interested in the social evaluation of population ageing and climate change. Public policy makers and advisers will find the analysis of practical policy questions such as alternative regimes for taxing public pensions of special interest. Graduate students of macroeconomics and public economics will also find helpful discussions of social discounting, the efficiency and equity effects of tax smoothing, and potential new effects of population ageing on labour productivity.
This book enables the reader to understand labor markets and shows how to forecast the need for skills in developing countries. The forecasting of these skills has recently fallen into disrepute with the notion that all forecasting techniques that assessed the labor market requirements of the future were dubious and that the future lay with labor market analysis and labor market signaling. This book disputes this but acknowledges that the models of the past should be supplemented with better data and improved labor market analysis and in doing so produces its own model for analyzing the needs of labor markets.
This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasising the significance of economic development within policymaking, the book covers important issues like the provisioning of public goods, its implication in a liberalised regime, crime and corruption, skilled–unskilled wage inequality, income distribution and unemployment, environmental regulation and role of educational capital and informal sector. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment to tariff reforms, gender wage gap and issues related to globalisation, income distribution and unemployment. The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics and labour economics and to those working on theoretical research on applications of general equilibrium trade models in developing countries.
Selecting migrants based on skill has become a widely practised migration policy in many countries around the world. Since the late 20th century, research on 'skilled' and 'highly skilled' migration has raised important questions about the value and ethics of skill-based labour mobility. More recent research has begun to question the concept of skill and skill categorisation in both government policy and academic research. Taking the view that 'skills' are socially constructed categories and highly malleable concepts in practice, this edited volume centres the discussion on the following questions: Who are the arbitrators of skill? What constitutes skill? And how is skill constructed in the migration process and in turn, how does skill affect the mobility? The empirical studies in this volume show that diverse actors are involved in the process of identifying, evaluating and shaping migrant skill. The interpretation of migrants' skill is frequently distorted by their ascriptive characteristics such as race, ethnicity, gender and nationality, reflecting the influence of colonial legacy, global inequality as well as social stratification. Finally, this edited volume emphasises the complex, and frequently reciprocal, relationship between skill and mobility. This book will be of interest to researchers and advanced students of Sociology, Human Geography, Politics, Social Anthropology, Economics, and Social Work. It was originally published as a special issue of the Journal of Ethnic and Migration Studies.
This is the 12th volume in a series which considers research in human capital and development.
This volume comprises 12 chapters, each accounting for a particular aspect of worker well-being. Among the issues addressed are: employee compensation, job loss, disability, health, gender, education, contract negotiation, and macroeconomic labor policy. The volume provides answers to a number of important questions. For example, why do smaller, newer companies better match CEO pay to profits than old, established corporations? Which demographic groups are most prone to job losses? What does marital status have to do with the glass ceiling? Does retiring from work increase one's mental health? Does domestic violence drive women to work more? Do higher educational subsidies lead to more schooling than larger educational rates of return? In short, the volume addresses a number of important policy-related research issues on worker well-being facing labor economists today.
This edited volume provides multidisciplinary and international insights into the policy, managerial and educational aspects of diverse students transitions from education to employment. As employers require increasing global competence on the part of those leaving education, this research asks whether increasing multiculturalism in developed societies, often seen as a challenge to their cohesion, is in fact a potential advantage in an evolving employment sector. This is a vital and under-researched field, and this new publication in Springer s Technical and Vocational Education and Training series provides analysis both of theory and empirical data, submitted by researchers from nine nations including the USA, Oman, Malaysia, and countries in the European Union. The papers trace the origins of business demand for diversity in their workforce s skill set, including national, local and institutional contexts. They also consider how social, demographic, cultural, religious and linguistic diversity inform the attitudes of those seeking work and those seeking workers. With clear suggestions for future research, this work on a topic of rising profile will be read with interest by educators, policy makers, employers and careers advisors. "
Worldwide, people are being forced out of their respective job markets. New college graduates are entering a global job market that has dramatically changed its rules of engagement, and entrepreneurs are challenged to develop new mindsets. Yet, in all situations there is either a total lack of or inconsistency in communications regarding the call for new competencies and skills that frame these new rules of employment engagement.Via a detailed interpersonal and intra-personal change model, Preparing for Today's Global Job Market identifies and delineates a methodology for effectively positioning and/or repositioning oneself in today's global job market that moves significantly beyond strategies associated with simply developing a resume, cover letter or business plan. Robinson-Easley also engages business executives, human resource professionals and training and development personnel in a conversation that suggests a different dialogue ensue between employers and their employees when organizations need to upgrade their workforce competencies and skills--a conversation that serves as a roadmap for better aligning organizational effectiveness and change to today's requisite core competencies and skills.
This book examines the work of Milton Friedman, which is amongst the most significant in modern economics and, equally, amongst the most contentious. Although Friedman became most famous for his views on money and monetary policy as well as his public writings, a large and important part of his work concerned other aspects of economics. All parts of Friedman's work are considered here, as is his account of his own life. By focussing on what Friedman wrote rather than what later authors have written about him, this volume seeks to analyse the character, qualities and development of the arguments he made. This text is important for anyone interested in this both celebrated and reviled figure in economics. James Forder clarifies messages in Friedman's writing that have otherwise so often been obscured by academic and public controversy.
Through a collection of 13 chapters, Peggy Deamer examines the profession of architecture not as an abstraction, but as an assemblage of architectural workers. What forces prevent architects from empowering ourselves to be more relevant and better rewarded? How can these forces be set aside by new narratives, new organizations and new methods of production? How can we sit at the decision-making table to combat short-term real estate interests for longer-term social and ethical value? How can we pull architecture-its conceptualization, its pedagogy, and its enactment-into the 21st century without succumbing to its neoliberal paradigm? In addressing these controversial questions, Architecture and Labor brings contemporary discourses on creative labor to architecture, a discipline devoid of labor consciousness. This book addresses how, not just what, architects produce and focuses not on the past but on the present. It is sympathetic to the particularly intimate way that architects approach their design work while contextualizing that work historically, institutionally, economically, and ideologically. Architecture and Labor is sure to be a compelling read for pre-professional students, academics, and practitioners.
This useful collection of case studies of women in Arizona, Texas, Utah, and California state bureaucracies is a cooperative comparative venture among authors asking similar questions about obstacles to and facilitators of women's career advancement. The editors proceed from the proposition that bureaucracies should be democratic. More specifically, they submit that proportional representation of women in bureaucracies will result in public policy that is more in women's interests than policy produced by predominantly male bureaucrats. The authors find support for this proposition; female bureaucrats are generally more supportive than male bureaucrats of public policies responsive to women's needs. The case studies also illustrate how the status of women in state bureaucracies is dependent on gubernatorial electoral politics. "Choice" While a number of researchers have focused on female employment at the managerial level, this book is the first to deal specifically with advances made by women in obtaining high-level positions in state government. Using questionnaire data from several southwestern states, Hale and Kelly examine the extent to which equal opportunity has become a reality for women in state and municipal civil service careers. In two introductory chapters, Hale and Kelly develop the theoretical perspective and conceptual framework on which their analysis is based. They identify and discuss interrelationships of gender, democracy, and representative bureaucracy as well as the individual factors that promote and impede the career advancement of women. The findings of case studies undertaken in Arizona, Texas, Utah, and California are presented in separate chapters. Variables treated in the studies include career mobility, success, and satisfaction; employment behavior; perceptions of barriers to advancement; sources and types of support; domestic responsibilities and constraints; and childhood and professional socialization. The final section of the book summarizes the results of a separate study on work force trends, labor pool availability, and hiring and firing rates in 93 southwestern cities. Providing new information and a model for further research in the field, this book will be of interest for courses or independent work in women's studies, public policy, social change, political science, manpower studies, and public administration.
The role of human capital has diversified considerably in the last 100 years. Today, the prevailing perception seeks a sustainable, integrated development which is based on the triptych of environment, economy, and society. In this mode of development, human capital has a positive effect on the economy, on social cohesion and optimal governance, as well as on the ecological footprint. This book studies the critical role of human capital in the Greek economy and its production structure. In doing so, this book analyzes the Greek labor market, employment, and structural changes, among other facets of this vibrant economy.
This timely and important work addresses the controversy surrounding discouragement among the unemployed. Using an unprecedented set of national and local studies, and drawing on disparate research in nearly every social science discipline, the authors produce an original, highly detailed portrait of discouraged workers. From their analysis they offer recommendations on what can be done to promote employment and reduce long-term dependency on government assistance. Other timely issues discussed are chronic minority unemployment, worker dislocation through plant closings, the impact of low wage jobs on reducing poverty, the "feminization of poverty," the plight of the working poor, and the importance of the family. |
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