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The establishment of appropriate policy measures for fighting unemployment has always been difficult since causes of unemployment are hard to identify. This paper analyses an approach used mainly in the 1960s and 1970s in economics, in which classification is used as a way to deal with such a...
Persistent link: https://www.econbiz.de/10010325353
Nancy Cartwright views models as blueprints for nomological machines - machines which, if properly shielded, generate lawlike behaviour or regularities. Marcel Boumans has argued that we can look for devices inside models which enable us to measure aspects of these regularities. So, if models do...
Persistent link: https://www.econbiz.de/10010325381
Krugman's verdict that competitiveness of countries is a largely meaningless concept is a serious misjudgement of the economics profession. Countries compete for the mobile factors of production, most importantly for capital and technology. The exit-option of these factors and of firms changes...
Persistent link: https://www.econbiz.de/10010273170
The paper studies the role of information transparency on fairness concerns, welfare and efficiency. When the firm's productivity and ultimately profits are revealed, wage offers induce relatively fair divisions of potential gains and workers respond with higher performance. Workers respond not...
Persistent link: https://www.econbiz.de/10009686478
market shares and (ii) a markdown of wages relative to marginal revenue product that depends on labor market shares. Both … distortions cause large firms to be too small relative to local labor market competitors compared to a setting with perfect … competition in input and product markets. Opening product markets up to trade reallocates market shares in product and labor …
Persistent link: https://www.econbiz.de/10012499508
methods to substantive and policy issues in labor economics. The first part of the chapter describes solution and estimation … methods for DCDP models using, for expository purposes, a prototypical female labor force participation model. The next part … reviews the contribution of the DCDP approach to three leading areas in labor economics: labor supply, job search and human …
Persistent link: https://www.econbiz.de/10014025129
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's special use of the concept of sovereignty -- Pt. 2, Sovereignty and labor. Ax and fire : knowledge production and the … superexploitation of contingent academic labor ; Sovereign, productive, and efficient : the place of disability in the Ableist society …
Persistent link: https://www.econbiz.de/10003825566