منابع مشابه
Globalization, Inequality and Labor Market Policies
This paper addresses four questions. First, is globalization associated with more inequality in consumption or earnings? Second, is the labor market an important transmission mechanism? Third, can labor market policies reduce inequality? And fourth, would these policies have important side effects on efficiency? The answers are based on an analytical survey of the literature, including several ...
متن کاملLabor market policies and job search
2 A sizable share of unemployment can be attributed to frictions in the labor market. The simultaneous existence of vacancies and job seekers proves that job search requires effort and time. To improve the efficiency of this process, many countries offer active labor market policies. Evaluating how these programs affect job prospects of job seekers is crucial for effective policy making and for...
متن کاملLabor Market Search, Sticky Prices, and Interest Rate Policies
What accounts for the significant real effects of monetary policy shocks? And what accounts for the persistent and hump shaped responses of output and inflation in response to such shocks? These questions are investigated in a model that incorporates labor market search, habit persistence, sticky prices, and policy inertia. While habit persistence and price stickiness are important for the hump...
متن کاملAdjusting to Trade Liberalization: Reallocation and Labor Market Policies
Labor market responses to trade liberalization typically exhibit a slow reallocation of labor across industries, large costs for displaced workers, and a disproportionate adjustment burden for older workers. To explain these features and analyze alternative policies, I develop a two-sector small open economy model with overlapping generations, frictional labor markets, and sector-specific human...
متن کاملCommentary: Active Labor Market Policies to Expand Employment and Opportunity
Labor markets in all Organization for Economic Cooperation and Development (OECD) economies are under stress. Two main factors generate the pressure, although the precise contributions of these factors to unemployment and wage growth remain to be determined. The first factor is an apparent shift in the bias of technology toward skilled-labor-intensive methods of production. The second factor is...
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ژورنال
عنوان ژورنال: IZA Journal of Labor Policy
سال: 2014
ISSN: 2193-9004
DOI: 10.1186/2193-9004-3-5