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The Behavioral Economics of John Maynard Keynes - Microfoundations for the World We Live In (Hardcover): Ronald Schettkat The Behavioral Economics of John Maynard Keynes - Microfoundations for the World We Live In (Hardcover)
Ronald Schettkat
R2,406 Discovery Miles 24 060 Ships in 12 - 17 working days

Keynes' macroeconomic revolution is based on his microfoundations of economic behavior derived from 'casual' observations but impressively substantiated by rigorous research in behavioral economics and neurology. Ronald Schettkat argues that the allegation of the missing microfoundations in Keynes' theory is false. Instead, both Keynes' theory and behavioral economics relate to humans in 'the economy we live in', differing substantially in their fundamentals from the neoclassical model. Showing that Keynes' micro has much in common with Behavioral Economics, the book starts with the fundamentals ranging from the methodological approach to economics as a real versus an axiomatic science and the consequences for knowledge building methods (interviews, observations, experiments), the rationality and equilibrium concepts to the functioning of markets, before delving into the topics in greater detail. Providing a thorough theoretical grounding in economics, this book will be a discerning read for economists, students of economics, political science, sociology and psychology as well as for the general public.

Labor Market Adjustments to Structural Change and Technological Progress (Hardcover, New): Eileen R. Appelbaum, Ronald Schettkat Labor Market Adjustments to Structural Change and Technological Progress (Hardcover, New)
Eileen R. Appelbaum, Ronald Schettkat
R2,700 Discovery Miles 27 000 Ships in 10 - 15 working days

This volume brings together an international group of contributors to explore the impacts of structural economic change and technological progress on labor markets. The contributors goal is to present an in-depth comparative study of the ways in which different national economies have adjusted to structural changes like the shift to service-based economies and technological changes brought about by the increasing use of the computer in offices and on the production line. Examining the adjustment process from both a micro and macro perspective, the contributors analyze the flexibility potentials within the different institutional organizations of the labor market in the U.S., France, West Germany, Great Britain, and Sweden.

The study begins with a comprehensive introduction written by the editors which discusses the problem of structural and technological change in economic, social, and political terms. Two subsequent chapters address the economic structures of post-industrial society and the differential characteristics of employment growth in service industries. The contributors then present individual analyses of the labor market situation in the five countries under study as well as two general studies of institutions regulating the labor market and flexibility within the labor market. Throughout, the contributors are concerned with key issues such as which systems seem to adapt best, how skill and educational needs may be met in the changing labor market, and the importance of flexibility in a system characterized by ongoing structural and technological change. Ideal as supplementary reading for advanced courses in labor economics and industrial organization, this volume offers important new insights into labor market flexibility in the face of significant and continuing change.

Technological Change and Employment - Innovations in the German Economy (Hardcover, Dt. Ausg. u.d.T.: Technologischer Wandel... Technological Change and Employment - Innovations in the German Economy (Hardcover, Dt. Ausg. u.d.T.: Technologischer Wandel und Beschaftigung. Reprint 2019)
Ronald Schettkat, Michael Wagner; Translated by Andrew Watt
R3,466 Discovery Miles 34 660 Ships in 12 - 17 working days
The Labor Market Dynamics of Economic Restructuring - The United States and Germany in Transition (Hardcover, New): Ronald... The Labor Market Dynamics of Economic Restructuring - The United States and Germany in Transition (Hardcover, New)
Ronald Schettkat
R2,693 Discovery Miles 26 930 Ships in 10 - 15 working days

This study examines the labor markets of the United States and Germany, developing a framework for the analysis of labor market dynamics based upon the dynamic flow analysis, instead of the conventional labor stock data. Until recently, labor market analysis was mainly based on stock data, which is a suitable data source for structural and aggregate phenomena but does not allow for the analysis of processes that are behind the net changes identified by stock data. To identify the dynamic elements in the labor market, information on flows is needed. In recent years flow data have become available, indicating that an enormous amount of that labor market mobility is occurring every month.

The use of flow data to analyze questions of the mismatch in the labor market and the underlying labor market dynamics has been suggested recently by scholars. The analysis presented in this study of the labor market in the U.S. and Germany uses these data to link dynamic concepts of labor market adjustment to flow data. This study will be of interest to scholars in labor economics and industrial organization.

The Flow Analysis of Labour Markets (Paperback): Ronald Schettkat The Flow Analysis of Labour Markets (Paperback)
Ronald Schettkat
R1,337 Discovery Miles 13 370 Ships in 12 - 17 working days

Well-functioning labour markets are a precondition for economic development. In order to function smoothly the market needs to be able to adjust effectively and quickly to new developments. An understanding and analysis of adjustment processes within labour markets is therefore essential for economic theory and policy proposals. This study discusses the 'flow approach' to mobility and adjustment in labour markets. It presents an overview of flow analysis and provides many new theoretical and empirical insights. It covers all the major industrialized economies, including: USA, Canada, Japan, The Netherlands, UK, France, Italy and Germany.

The Flow Analysis of Labour Markets (Hardcover): Ronald Schettkat The Flow Analysis of Labour Markets (Hardcover)
Ronald Schettkat
R5,999 Discovery Miles 59 990 Ships in 12 - 17 working days

Well-functioning labour markets are a precondition for economic development. In order to function smoothly the market needs to be able to adjust effectively and quickly to new developments. An understanding and analysis of adjustment processes within labour markets is therefore essential for economic theory and policy proposals. This study discusses the 'flow approach' to mobility and adjustment in labour markets. It presents an overview of flow analysis and provides many new theoretical and empirical insights. It covers all the major industrialized economies, including: USA, Canada, Japan, The Netherlands, UK, France, Italy and Germany.

Institutional Frameworks and Labor Market Performance - Comparative Views on the US and German Economies (Hardcover): Friedrich... Institutional Frameworks and Labor Market Performance - Comparative Views on the US and German Economies (Hardcover)
Friedrich Buttler, Wolfgang Franz, Ronald Schettkat, David Soskice
R5,148 Discovery Miles 51 480 Ships in 12 - 17 working days

The labour markets in the United States and in Germany could hardly be more different. The USA, with its tremendous job growth, is often held up as the prime example of the job-creating power of unfettered markets, while Germany is seen as the textbook case of an overregulated European labour market stifling employment growth. For many policy advisers the lessons are clear: if Europeans want to emulate the success of the Americans, they must deregulate their economies. On the other hand, economists in the USA, impressed with Germany's income growth and social stability, have shown increasing interest in the role that non-market institutions play in the German context. This work provides an in-depth analysis of the functioning of various labour market institutions in both the USA and Germany. In close studies of the regulatory differences between the two countries, the authors examine the impact of those institutions on economic performance. On the basis of their findings, they argue that the choice is not one between regulation and deregulation, but rather between different forms and degrees of regulation.

Economic Policy Proposals for Germany and Europe (Paperback): Ronald Schettkat, Jochem Langkau Economic Policy Proposals for Germany and Europe (Paperback)
Ronald Schettkat, Jochem Langkau
R1,370 Discovery Miles 13 700 Ships in 12 - 17 working days

Despite exporting more good and services than any other country in the world, economic growth in Germany has been slow through the nineties and the early twenty first century with low wage growth, rising unemployment and increasing public deficits. German unemployment was traditionally diagnosed as structural, neglecting macroeconomic causes of economic stagnancy in the economic policy debate. This book offers a fresh, innovative analysis of the German economic policy debate, containing essays from eight distinguished international economists.

These essays tackle various aspects of the German and European market, ranging from theoretical issues criticizing the narrowness of the debate, analyses of the real effects of monetary policies in the short and long run, fiscal policy contributions, wage policies, to family policies, arguing for a more expansionary macroeconomic policy to counteract economic stagnancy and improve prosperity in Germany and Europe.

The Growth of Service Industries - The Paradox of Exploding Costs and Persistent Demand (Hardcover): Thijs ten Raa, Ronald... The Growth of Service Industries - The Paradox of Exploding Costs and Persistent Demand (Hardcover)
Thijs ten Raa, Ronald Schettkat
R2,868 Discovery Miles 28 680 Ships in 12 - 17 working days

Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very existence of these services. The paradox of these services is that in spite of their exploding costs, demand persists. Policymakers struggle with the problematic question of whether to limit public service budgets as costs for their provision rise. The service sectors of advanced economies are surprisingly vigorous - the employment of an ever increasing share of the labour force is one phenomenon. Economists are perplexed by the interplay of slow service and fast goods productivity growth and wonder why the demand for services is so persistent. The Growth of Service Industries is intended for use by both policymakers and economists and serves as a useful introduction to service productivity analysis.

Innovation und Arbeitsmarktdynamik (German, Hardcover, Reprint 2019 ed.): Ronald Schettkat, Bettina Bangel, Margit Boehme,... Innovation und Arbeitsmarktdynamik (German, Hardcover, Reprint 2019 ed.)
Ronald Schettkat, Bettina Bangel, Margit Boehme, Nuran Buklu, Dick Moraal
R3,308 Discovery Miles 33 080 Ships in 12 - 17 working days
Technologischer Wandel Und Beschaftigung - Fakten, Analysen, Trends (German, Hardcover, Reprint 2021 ed.): Ronald Schettkat,... Technologischer Wandel Und Beschaftigung - Fakten, Analysen, Trends (German, Hardcover, Reprint 2021 ed.)
Ronald Schettkat, Michael Wagner
R3,764 Discovery Miles 37 640 Ships in 12 - 17 working days
Services and Employment - Explaining the U.S.-European Gap (Hardcover): Mary Gregory, Weimer Salverda, Ronald Schettkat Services and Employment - Explaining the U.S.-European Gap (Hardcover)
Mary Gregory, Weimer Salverda, Ronald Schettkat
R2,521 R2,117 Discovery Miles 21 170 Save R404 (16%) Ships in 12 - 17 working days

Why is Europe's employment rate almost 10 percent lower than that of the United States? This "jobs gap" has typically been blamed on the rigidity of European labor markets. But in "Services and Employment," an international group of leading labor economists suggests quite a different explanation. Drawing on the findings of a two-year research project that examined data from France, Germany, the Netherlands, the United Kingdom, and the United States, these economists argue that Europe's 25 million "missing" jobs can be attributed almost entirely to its relative lack of service jobs. The jobs gap is actually a services gap. But, "Services and Employment" asks, why does the United States consume services at such a greater rate than Europe?

"Services and Employment" is the first systematic and comprehensive international comparison on the subject. Mary Gregory, Wiemer Salverda, Ronald Schettkat, and their fellow contributors consider the possible role played by differences in how certain services--particularly health care and education--are provided in Europe and the United States. They examine arguments that Americans consume more services because of their higher incomes and that American households outsource more domestic work. The contributors also ask whether differences between U.S. and European service sectors encapsulate fundamental trans-Atlantic differences in lifestyle choices.

In addition to the editors, the contributors include Victor Fuchs, William Baumol, Giovanni Russo, Adriaan Kalwij, Stephen Machin, Andrew Glyn, Joachin Moller, John Schmitt, Michel Sollogoub, Robert Gordon, and Richard Freeman."

Economic Policy Proposals for Germany and Europe (Hardcover, Fan): Ronald Schettkat, Jochem Langkau Economic Policy Proposals for Germany and Europe (Hardcover, Fan)
Ronald Schettkat, Jochem Langkau
R4,155 Discovery Miles 41 550 Ships in 12 - 17 working days

Despite exporting more good and services than any other country in the world, economic growth in Germany has been slow through the nineties and the early twenty first century with low wage growth, rising unemployment and increasing public deficits. German unemployment was traditionally diagnosed as structural, neglecting macroeconomic causes of economic stagnancy in the economic policy debate. This book offers a fresh, innovative analysis of the German economic policy debate, containing essays from eight distinguished international economists.

These essays tackle various aspects of the German and European market, ranging from theoretical issues criticizing the narrowness of the debate, analyses of the real effects of monetary policies in the short and long run, fiscal policy contributions, wage policies, to family policies, arguing for a more expansionary macroeconomic policy to counteract economic stagnancy and improve prosperity in Germany and Europe.

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