It is generally agreed that the operation of the labour market lies
at the heart of macroeconomic activity. Following Keynes' attack on
the postulates of the classics in The General Theory a number of
labour market paradigms have been proposed including the Phillips
curve, new classical and union bargaining models. These paradigms
usually form the centrepiece of any good text on macroeconomic
theory. Our purpose in this volume is not to restate these
paradigms but to explore the extent to which they might be
empirically modelled. To this end the volume includes a set of
econometric models of the UK labour market where each contribution
relates very closely to one of the principal paradigms. The purpose
of this collection is threefold. First and foremost we wanted to
present an integrated set of case studies in applied econometrics
with reference to labour market modelling. In doing so we hope the
volume will appeal to third year undergraduates and postgraduate
students studying applied econometrics and labour economics.
Secondly, the contributions have been carefully selected to
illustrate the main paradigms since each contribution is
intellectually self contained. It is arguable that this may be
disadvantageous as far as the truth is concerned if eclecticism is
preferable. On the other hand it has pedagogic advantages in
drawing sharp distinctions between the various approaches."
General
| Imprint: |
Springer
|
| Country of origin: |
Netherlands |
| Series: |
International Studies in Economic Modelling |
| Release date: |
October 2011 |
| First published: |
1988 |
| Editors: |
Michael Beenstock
|
| Dimensions: |
235 x 155 x 12mm (L x W x T) |
| Format: |
Paperback
|
| Pages: |
206 |
| Edition: |
Softcover reprint of the original 1st ed. 1988 |
| ISBN-13: |
978-9401070355 |
| Categories: |
Books >
Reference & Interdisciplinary >
Interdisciplinary studies >
General
|
| LSN: |
9401070350 |
| Barcode: |
9789401070355 |
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