Unemployment, Market Structure and Growth

Business & Finance, Economics, Macroeconomics, Nonfiction, Science & Nature, Mathematics
Cover of the book Unemployment, Market Structure and Growth by Rüdiger Wapler, Springer Berlin Heidelberg
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Rüdiger Wapler ISBN: 9783642558931
Publisher: Springer Berlin Heidelberg Publication: December 6, 2012
Imprint: Springer Language: English
Author: Rüdiger Wapler
ISBN: 9783642558931
Publisher: Springer Berlin Heidelberg
Publication: December 6, 2012
Imprint: Springer
Language: English

In his Ph. D. thesis, Rudiger Wapler analyses the causes of the persistently high unemployment rates especially in continental Europe. Particular emphasis is placed on imperfect labour and product markets on the one hand, and on the numerous links between unemployment, innovations and growth on the other. Hence, Rudiger Wapler provides an important contribution towards a better understanding of both the development of labour markets as well as the dynamics of growth. To aid readers with only little prior knowledge of labour markets, the book presents the most common theories of unemployment: (1) trade-union models in which union bargaining power leads to wages above their market-clearing level, (2) efficiency-wage models in which employers voluntarily pay higher wages in order to motivate or discipline their workers or to reduce the job­ turnover rate, as well as (3) matching models in which unemployment is caused by the continuous turnover of jobs and workers. In addition, emphasis is placed on the fact that labour needs to be treated as heterogeneous, a fact often neg­ lected in the literature. Subsequently, these labour-market foundations are integrated with modern theories of innovations and growth, making the ap­ proach much more relevant and plausible. Without doubt, the generalisations of the models performed by Rudiger Wapler show that there are limits to such formal analysis. Due to the increasing number of interdependencies, it is doubtful whether even more complex models provide additional (usable) insights.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In his Ph. D. thesis, Rudiger Wapler analyses the causes of the persistently high unemployment rates especially in continental Europe. Particular emphasis is placed on imperfect labour and product markets on the one hand, and on the numerous links between unemployment, innovations and growth on the other. Hence, Rudiger Wapler provides an important contribution towards a better understanding of both the development of labour markets as well as the dynamics of growth. To aid readers with only little prior knowledge of labour markets, the book presents the most common theories of unemployment: (1) trade-union models in which union bargaining power leads to wages above their market-clearing level, (2) efficiency-wage models in which employers voluntarily pay higher wages in order to motivate or discipline their workers or to reduce the job­ turnover rate, as well as (3) matching models in which unemployment is caused by the continuous turnover of jobs and workers. In addition, emphasis is placed on the fact that labour needs to be treated as heterogeneous, a fact often neg­ lected in the literature. Subsequently, these labour-market foundations are integrated with modern theories of innovations and growth, making the ap­ proach much more relevant and plausible. Without doubt, the generalisations of the models performed by Rudiger Wapler show that there are limits to such formal analysis. Due to the increasing number of interdependencies, it is doubtful whether even more complex models provide additional (usable) insights.

More books from Springer Berlin Heidelberg

Cover of the book Fluidmechanik by Rüdiger Wapler
Cover of the book Casimir Physics by Rüdiger Wapler
Cover of the book Free-Radical Retrograde-Precipitation Polymerization (FRRPP) by Rüdiger Wapler
Cover of the book Atopic Palmoplantar Eczema by Rüdiger Wapler
Cover of the book Digitaltechnik by Rüdiger Wapler
Cover of the book Software Process Improvement: Metrics, Measurement, and Process Modelling by Rüdiger Wapler
Cover of the book JIMD Reports, Volume 22 by Rüdiger Wapler
Cover of the book Unusual Secretory Pathways: From Bacteria to Man by Rüdiger Wapler
Cover of the book Progress in Mathematical Relativity, Gravitation and Cosmology by Rüdiger Wapler
Cover of the book Neural Fields by Rüdiger Wapler
Cover of the book Apoptosis in Hormone-Dependent Cancers by Rüdiger Wapler
Cover of the book The Meniscus by Rüdiger Wapler
Cover of the book Implant Surfaces and their Biological and Clinical Impact by Rüdiger Wapler
Cover of the book Magnetic Resonance in Nephrourology by Rüdiger Wapler
Cover of the book Clinical Target Volumes in Conformal and Intensity Modulated Radiation Therapy by Rüdiger Wapler
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy