Labour Market In A Dynamic Economy

Devoid of natural resources, Hong Kong has weathered many internal and external shocks and yet emerged as one of the fastest growing economies in the world. This success is attributed to the resilience and adaptability of the labour force of Hong Kong. The authors reconsider the historys of the labour market, and weigh the available options in the post-1997 era.

Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti

The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect.

Contributors in European labor market studies, economics, political science, and employment studies argue that transitional markets, defined as politically supported sets of mobility options, are becoming essential ingredients of successful employment policies in modern societies. They draw on empirical evidence to examine the dynamics of modern labor markets and describe the theoretical foundation of transitional labor markets. The book is of interest to academics and policymakers in employment policy. Edited by Schmid (political economics, Free University of Berlin) and Gazier (economics, University Paris 1). Annotation copyrighted by Book News, Inc., Portland, OR

Labour economics textbook on labour market adjustment - develops a short-run dynamic system for the economic analysis of problems related to disequilibrium trading, inflation, unemployment, etc., and discussess various aspects of job searching. Bibliography pp. 249 to 254, diagrams, graphs and references.

Since the inception and design of Canada's Employment Insurance (EI) program, the Canadian economy and labour market have undergone dramatic changes. It is clear that EI has not kept pace with those changes, and experts and advocates agree that the program is no longer effective or equitable. Making EI Work is the result of a panel of distinguished scholars gathered by the Mowat Centre Employment Insurance Task Force to analyze the strengths, weaknesses, and future directions of EI. The authors identify the strengths and weaknesses of the system, and consider how it could be improved to better and more fairly support those in need. They make suggestions for facilitating a more efficient Canadian labour market, and meeting the human capital requirements of a dynamic economy for the present and the foreseeable future. The chapters that comprise Making EI Work informed the task force's final recommendations, and form an engaging dialogue that makes the case for, and defines the parameters of, a reformed support system for Canada's unemployed. Contributors include Ken Battle (Caledon Institute of Social Policy), Robin Boadway (Queen's University), Allison Bramwell (University of Toronto), Sujit Choudhry (New York University School of Law), Kathleen M. Day (University of Ottawa), Ross Finnie (University of Ottawa), Jean-Denis Garon (Queen's University), David Gray (University of Ottawa), Morley Gunderson (University of Toronto), Ian Irvine (Concordia University), Stephen Jones (McMaster University), Thomas R. Klassen (York University), Michael Mendelson (Caledon Institute of Social Policy), Alain Noël (Université de Montréal), Michael Pal (University of Toronto Faculty of Law), W. Craig Riddell (University of British Columbia), William Scarth (McMaster University), Luc Turgeon (University of Ottawa), Leah F. Vosko (York University), Stanley L. Winer (Carleton University), Donna E. Wood (University of Victoria), and Yan Zhang (Statistics Canada).

Conference report on changes in labour market segmentation theory from emphasis on explaining fairly stable wage differentials and other job inequalities towards analysis of 'dynamic' labour market structure - considers relations business cycles, economic recession and unemployment trends, and includes case studies on retail trade in the USA, business strategies in France, construction industry in Italy and the UK, occupational status of woman workers, and sex discrimination, employment policy in Germany, Federal Republic, etc. Conference held in Berlin 1980 Jul 7 to 11.

Christian Ragacs develops contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models are developed; two of them comparative static in nature and two models of endogenous growth. The results are contradictory - partly supporting the 'textbook' theory and partly yielding unorthodox results, such as no change in the steady state rates of growth and employment.