Labour / income economics Books

Book SynopsisThis important book goes beyond generalizations and takes a hard-headed look at the real strengths and weaknesses of Keynesian demand management and supply side economics.Keynesianism has failed to reconcile high levels of competitiveness with full employment. This was confirmed in the 1980s by the performance of the UK, the US and West Germany. Sweeping de-regulation has not proved to be an adequate solution.The book shows how effective supply conditions could supplement Keynesian demand management to achieve sustainable levels of high employment. The measures advocated include a system of industrial relations which allows high wages and job security in return for acceptance of a high pace of technological and organizational change; the promotion of skill development as well as intra-firm training programmes; the formation and encouragement of co-operation between different regions. It is argued that the supportive institutions, coupled with effective demand policies would succeed in marrying high employment with internationally competitive production.Trade Review'This is an important collection of papers, wide-ranging but coherently grouped around the theme of full-employment policy. As we begin to experience the limits of deregulation and privatization there is a growing interest in the possibility of a new agenda. This book makes an invaluable contribution to that discussion.'Table of ContentsOn effective supply conditions; on effective labour market and social policy; on effective demand conditions; towards a context enhancing full employment.

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Book SynopsisThis is the first of three volumes containing published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1995. A complete and cross-referenced chronological list of all the works featured in this set is included. The volumes begin with an interview in which Professor Ashenfelter covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his long and distinguished career. Education, Training and Discrimination and Economic Institutions and the Demand and Supply of Labor are the companion volumes to Employment, Labor Unions and Wages, which together provide a distinguished collection of Ashenfelter’s essays.Table of ContentsContents: Volume I: Part I: Unions and Economics Part II: Unemployment Part III: Arbitration and Bargaining Part IV: Wages • Volume II: Part I: Discrimination and Wage Differentials Part II: Education and Training Part III: Data and Statistics • Volume III: Part I: Labor Supply and Incentives Part II: Labor Demand Part III: Empirical Analysis of Market and Non-Market Institutions

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Book SynopsisThis is the second of three volumes containing the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1994. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview in which Professor Ashenfelter covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career. Employment, Labor Unions and Wages and Economic Institutions and the Demand and Supply of Labor are the companion volumes to Education, Training and Discrimination, which together provide a distinguished collection of Ashenfelter’s essays.These three volumes contain a selection of the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1993. A complete and cross-referenced chronological list of all the works featured in this set is included. The volumes begin with an interview of Professor Ashenfelter which covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career.Table of ContentsContents: Introduction Part I: Discrimination and Wage Differentials Part II: Education and Training Part III: Data and Statistics Name Index

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Book SynopsisThis is the third of three volumes containing the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1994. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview in which Professor Ashenfelter covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career. Employment, Labor Unions and Wages and Education, Training and Discrimination are the companion volumes to Economic Institutions and the Demand and Supply of Labor, which together provide a distinguished collection of Ashenfelter’s essays.These three volumes contain highlights of the published and unpublished economic papers of Orley Ashenfelter written between 1966 and 1993. A complete and cross-referenced chronological list of all of the works featured in this set is included. The volumes begin with an interview of Professor Ashenfelter which covers highlights of his professional life, a discussion of many of the essays and papers featured in these volumes, and his reflections on the development of economics over the course of his career.Table of ContentsContents: Volume I: Part I: Unions and Economics Part II: Unemployment Part III: Arbitration and Bargaining Part IV: Wages • Volume II: Part 1I: Discrimination and Wage Differentials Part II: Education and Training Part III: Data and Statistics • Volume III: Part I: Labor Supply and Incentives Part II: Labor Demand Part III: Empirical Analysis of Market and Non-Market Institutions

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Book SynopsisThis major new three volume reference collection includes both classic and contemporary papers and covers the main issues of stratification -- status, class, occupation, gender, race and ethnicity. Each article represents a distinctive theoretical contribution which sets research agendas in its area. Together, the volumes offer a comprehensive treatment of issues which lie at the heart of social stratification and the modern discipline of sociology.John Holmwood’s selection includes papers covering over 150 years of research which address the changing character of modern society as well as the relationships between issues of employment, welfare, household and the state.Table of ContentsContents: Volume I: Acknowledgements Introduction Part I: Solidarity and Division: Attempts at Foundation Part II: Solidarity and Division: Formulating Principles of Stratification Part III: Elites and Power Part IV: Professions Index • Volume II: Acknowledgement Part I: The Development of Civil Society: Industrialism and Post-Industrialism Part II: Welfare and Social Stratification Part III: Occupations and Social Stratification Index • Volume III: Acknowledgements Part I: Race and Ethnicity Part II: Gender and Stratification Part III: Fragmentation, Division and Beyond Name Index

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Book SynopsisThe impact of technical change on employment is investigated in this important new book which offers a critical appraisal of how far current economic analysis and theory can deal with this key policy issue.The Economics of Technology and Employment addresses the impact of technical change on employment from both theoretical and empirical perspectives. After an analytical discussion of theoretical propositions and models put forward by classical and contemporary economists, Dr Vivarelli develops a model to examine the extent to which worker displacement due to technical progress can be offset by compensatory market forces. This model is tested using Italian and US aggregate time-series data. The theoretical discussion and empirical results are combined to demonstrate that the employment impact of labour saving technologies can only be partially counter-balanced by market forces and so economic policy measures could be necessary.This important and innovative volume will be welcomed by economists and policymakers as a major contribution to our theoretical understanding of employment, industrial innovation and technical change.Trade Review'. . . the book covers in an interesting and useful way a wide range of issues, systematically connected with an enlarged assessment of the compensation theory.'Table of ContentsContents: 1. Introduction 2. The Economics of Technical Change and Employment 3. Technology and Employment in the History of Economic Thought: Towards a Comprehensive Taxonomy 4. The Recent Debate: The Neoclassical Approach 5. The Recent Debate: Alternative Approaches 6. The Empirical Studies: A Critical Survey 7. A Testable Model 8. The Econometric Tests Based on Italian Data 9. The Econometric Tests Based on US Data 10. Conclusions and Policy Implications References Index

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Book SynopsisSince 1958, the economic theory of the participatory or labor-managed firm and its performance compared to capitalist firms, has exploded into a vast literature comprising several hundred articles. Indeed, as one early contributor has recently remarked, the theory has become a 'new discipline' in itself. Producer Cooperatives and Labor-Managed Systems provides, for the first time, a careful selection of the most significant theoretical and empirical contributions to this burgeoning field, and promises to become a valuable research tool and reference volume.Trade Review'Producer Cooperatives and Labor-Managed Systems is an informative collection of articles on the subject of labor management . . . Readers will benefit from this compilation insofar as it lays out the initial debate, the critical aspects of the labor-management controversy in the neoclassical economic literature, and some recent studies.' -- Sonja Novkovic, Feminist EconomicsTable of Contents38 articles, dating from 1958 to 1993 Contents: Introduction Part I: Performance: Classic Essays in the Theoretical Debate Part II: Performance under Diverse Structures and Systems Part III: Rights, Incentives, Innovation Index

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Book SynopsisThis major new book assesses the role and effectiveness of structural funds in financing the path to integration in the European Union and especially in tackling unemployment. Structural Funding and Employment in the European Union combines an interdisciplinary approach with coverage of all the structural funds including the European Regional Development Fund, the European Social Fund, the European Agricultural Guidance and Guarantee Fund (Guidance Section) and the Financial Instrument for Fisheries Guidance. Empirical evidence is presented for the effectiveness of these funds and their success in increasing economic growth in certain areas and employment in others. The book also covers the relationship of these funds with the European Coal and Steel Community, the European Investment Bank and the Cohesion Fund. Jeffrey Harrop argues that the deepening and widening of the EU requires a stronger regional policy to ensure more effective use of structural funds, yet this remains a contentious area for the EU, member states and regional or local authorities. The author's authoritative and detailed discussion of this key policy issue, as well as his extensive experience of regional and EU policies, will ensure this book's welcome among students, teachers and researchers of European integration.Trade Review'. . . students of the EU will find this book to be a useful addition their college library. . . 'Table of ContentsContents: Introduction 1. A Deeper and a Wider Union 2. Trends in Employment: the Lack of Jobs 3. Regional Categories and Spatial Inequalities 4. Budget Finance for Agriculture and Fisheries 5. Evolution of Regional Policies: the ERDF and Structural Fund Reforms 6. Social Policy Problems and the Role of the ESF 7. The Overall Effectiveness of the Structural Funds Bibliography Index

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Book SynopsisThis comprehensive four-volume collection of previously published papers sets out to examine the most important issues in the study of unemployment; its causes, consequences and policies designed to tackle the problem.The books present a wide range of different perspectives on the causes of unemployment including classical/neoclassical, radical, Keynesian and new Keynesian; the role of structural and technological change; the impact of international trade; political business cycles; the influence of institutions; empirical issues on unemployment differentials, including youth, immigrant and indigenous unemployment; economic and social costs/benefits of unemployment; and policies which have been, or could be, implemented to alleviate the problems of unemployment.The Economics of Unemployment will be an essential reference source for students, professional economists and policymakers concerned with the problem of unemployment.Table of ContentsContents: Volume I: Acknowledgements Introduction Economics of Unemployment: Causes, Consequences and Policies P.N. Junankar PART I CONCEPTS 1. Robert M. Solow (1986), ‘Unemployment: Getting the Questions Right’ 2. R.G. Gregory (1982), ‘Work and Welfare in the Years Ahead’ 3. Stephen W. Salant (1977), ‘Search Theory and Duration Data: A Theory of Sorts’ 4. Kim B. Clark and Lawrence H. Summers (1979), ‘Labor Market Dynamics and Unemployment: A Reconsideration’ 5. George A. Akerlof and Brian G.M. Main (1981), ‘An Experience-Weighted Measure of Employment and Unemployment Durations’ 6. George A. Akerlof and Janet L. Yellen (1985), ‘Unemployment Through the Filter of Memory’ 7. Satya Paul (1992), ‘An Illfare Approach to the Measurement of Unemployment’ PART II CAUSES OF UNEMPLOYMENT: THEORIES A Some Surveys 8. Robert M. Solow (1980), ‘On Theories of Unemployment’ 9. Stephen Nickell (1990), ‘Unemployment: A Survey’ 10. Charles R. Bean (1994), ‘European Unemployment: A Survey’ B Neoclassical and New Classical Search Theories 11. Edmund S. Phelps (1968), ‘Money-Wage Dynamics and Labor-Market Equilibrium’ 12. Dale T. Mortensen (1970), ‘Job Search, the Duration of Unemployment, and the Phillips Curve’ 13. Peter A. Diamond (1982), ‘Wage Determination and Efficiency in Search Equilibrium’ 14. John R. Harris and Michael P. Todaro (1970), ‘Migration, Unemployment and Development: A Two-Sector Analysis’ Mis-perception and Unemployment, Intertemporal Substitution 15. Robert E. Lucas, Jr. and Leonard A. Rapping (1969), ‘Real Wages, Employment, and Inflation’ 16. Joseph G. Altonji (1982), ‘The Intertemporal Substitution Model of Labour Market Fluctuations: An Empirical Analysis’ Natural Rates 17. Milton Friedman (1968), ‘The Role of Monetary Policy’ 18. Thomas J. Sargent (1973), ‘Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment’ C Keynesian Inadequate Aggregate Demand, Quantity Rationing 19. Robert J. Barro and Herschel I. Grossman (1971), ‘A General Disequilibrium Model of Income and Employment’ 20. Jean-Pascal Benassy (1975), ‘Neo-Keynesian Disequilibrium Theory in a Monetary Economy’ 21. Harvey S. Rosen and Richard E. Quandt (1978), ‘Estimation of a Disequilibrium Aggregate Labor Market’ 22. E. Malinvaud (1982), ‘Wages and Unemployment’ 23. Jacques H. Drèze (1987), ‘Underemployment Equilibria: From Theory to Econometrics and Policy’ Name Index Volume II: Acknowledgements An introduction by the editor to all four volumes appears in volume I D New Keynesian Economics Efficiency Wages 1. Carl Shapiro and Joseph E. Stiglitz (1984), ‘Equilibrium Unemployment as a Worker Discipline Device’ 2. Janet L. Yellen (1984), ‘Efficiency Wage Models of Unemployment’ 3. George A. Akerlof (1982), ‘Labor Contracts as Partial Gift Exchange’ 4. Jeremy I. Bulow and Lawrence H. Summers (1986), ‘A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination, and Keynesian Unemployment’ Insider-Outsider 5. Assar Lindbeck and Dennis J. Snower (1988), ‘Cooperation, Harassment, and Involuntary Unemployment: An Insider-Outsider Approach’ 6. Martin L. Weitzman (1987), ‘Steady State Unemployment Under Profit Sharing’ Implicit Contracts 7. Sherwin Rosen (1985), ‘Implicit Contracts: A Survey’ Hysteresis 8. S.P. Hargreaves Heap (1980), ‘Choosing the Wrong “Natural” Rate: Accelerating Inflation or Decelerating Employment and Growth?’ 9. Olivier J. Blanchard and Lawrence H. Summers (1986), ‘Hysteresis and the European Unemployment Problem’ Multiple Natural Rates 10. Huw Dixon (1988), ‘Unions, Oligopoly and the Natural Range of Employment’ 11. V. Bhaskar (1990), ‘Wage Relativities and the Natural Range of Unemployment’ E Macroeconomic Models 12. Patrick Minford (1983), ‘Labour Market Equilibrium in an Open Economy’ 13. W.M. Corden (1984), ‘Booming Sector and Dutch Disease Economics: Survey and Consolidation’ 14. Bruce C. Greenwald and Joseph E. Stiglitz (1988), ‘Examining Alternative Macroeconomic Theories’ Unions and Unemployment 15. Ian M. McDonald and Robert M. Solow (1981), ‘Wage Bargaining and Employment’ 16. Andrew J. Oswald (1982), ‘Trade Unions, Wages and Unemployment: What Can Simple Models Tell Us?’ Structural and Technological Change and Unemployment 17. David M. Lilien (1982), ‘Sectoral Shifts and Cyclical Unemployment’ 18. P.N. Junankar and Simon Price (1984), ‘The Dynamics of Unemployment: Structural Change and Unemployment Flows’ 19. Katharine G. Abraham and Lawrence F. Katz (1986), ‘Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?’ 20. Steven J. Davis and John Haltiwanger (1990), ‘Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications’ 21. Dale T. Mortensen and Christopher A. Pissarides (1994), ‘Job Creation and Job Destruction in the Theory of Unemployment’ Name Index Volume III: Acknowledgements An introduction by the editor to all four volumes appears in volume I PART III INSTITUTIONAL EXPLANATIONS OF UNEMPLOYMENT A Political Business Cycles 1. M. Kalecki (1990), ‘Political Aspects of Full Employment’ 2. William D. Nordhaus (1989), ‘Alternative Approaches to the Political Business Cycle’ 3. Alberto Alesina (1989), ‘Politics and Business Cycles in Industrial Democracies’ B Labour Market Institutions and Unemployment 4. R.E. Rowthorn (1977), ‘Conflict, Inflation and Money’ 5. Samuel Bowles (1985), ‘The Production Process in a Competitive Economy: Walrasian, Neo-Hobbesian, and Marxian Models’ 6. Lars Calmfors and John Driffill (1988), ‘Bargaining Structure, Corporatism and Macroeconomic Performance and Discussion’ 7. Richard B. Freeman (1988), ‘Labour Market Institutions and Economic Performance and Discussion’ PART IV UNEMPLOYMENT DIFFERENTIALS: WHY DO THEY PERSIST? 8. Lisa M. Lynch (1985), ‘State Dependency in Youth Unemployment: A Lost Generation?’ 9. Paul W. Miller (1986), ‘Immigrant Unemployment in the First Year of Australian Labour Market Activity’ 10. P.N. Junankar and Cezary A. Kapuscinski (1991), ‘Aboriginal Employment and Unemployment: An Overview’ 11. James J. Heckman and George J. Borjas (1980), ‘Does Unemployment Cause Future Unemployment? Definitions, Questions and Answers from a Continuous Time Model of Heterogeneity and State Dependence’ 12. Mary Corcoran and Martha S. Hill (1985), ‘Reoccurrence of Unemployment Among Adult Men’ 13. Peder J. Pedersen and Niels Westergård-Nielsen (1993), ‘Unemployment: A Review of the Evidence from Panel Data’ PART V UNEMPLOYMENT: SOME EMPIRICAL ISSUES A Real Wages and Unemployment 14. Richard Layard and Stephen Nickell (1986), ‘Unemployment in Britain’ 15. John McCallum (1986), ‘Unemployment in OECD Countries in the 1980s’ 16. Jeffrey D. Sachs (1983), ‘Real Wages and Unemployment in the OECD Countries’ 17. Hian Teck Hoon and Edmund S. Phelps (1992), ‘Macroeconomic Shocks in a Dynamized Model of the Natural Rate of Unemployment’ B Minimum Wages 18. Charles Brown, Curtis Gilroy and Andrew Kohen (1982), ‘The Effect of the Minimum Wage on Employment and Unemployment’ 19. David Card (1992), ‘Do Minimum Wages Reduce Employment? A Case Study of California, 1987–89’ Name Index Volume IV: Acknowledgements An introduction by the editor to all four volumes appears in volume I PART VI UNEMPLOYMENT: SOME EMPIRICAL ISSUES – PART 2 A Efficiency Wages 1. Alan B. Krueger and Lawrence H. Summers (1988), ‘Efficiency Wages and the Inter-Industry Wage Structure’ B Unemployment and Vacancies: The Beveridge Curve 2. Olivier Jean Blanchard and Peter Diamond (1989), ‘The Beveridge Curve’ 3. Christopher A. Pissarides (1985), ‘Short-Run Equilibrium Dynamics of Unemployment, Vacancies, and Real Wages’ C Unemployment Benefits and Unemployment 4. Anthony B. Atkinson and John Micklewright (1991), ‘Unemployment Compensation and Labor Market Transitions: A Critical Review’ 5. Michael Burda (1988), ‘“Wait Unemployment” in Europe’ 6. Bruce D. Meyer (1990), ‘Unemployment Insurance and Unemployment Spells’ 7. Wiji Arulampalam and Mark B. Stewart (1995), ‘The Determinants of Individual Unemployment Durations in an Era of High Unemployment’ D International Trade and Unemployment 8. Adrian Wood (1995), ‘How Trade Hurt Unskilled Workers’ PART VII COSTS AND BENEFITS A Inflation Unemployment Trade-offs? Phillips Curves 9. A.W. Phillips (1958), ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957’ 10. Richard G. Lipsey (1960), ‘The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862–1957: A Further Analysis’ 11. James Tobin (1972), ‘Inflation and Unemployment’ 12. David G. Blanchflower and Andrew J. Oswald (1990), ‘The Wage Curve’ B Social and Economic Costs 13. Martin Feldstein (1978), ‘The Private and Social Costs of Unemployment’ 14. Kenneth Clark, Derek Leslie and Elizabeth Symons (1994), ‘The Costs of Recession’ C Unemployment and Health/Morbidity/Mortality 15. M. Harvey Brenner and Anne Mooney (1983), ‘Unemployment and Health in the Context of Economic Change’ 16. Hugh S.E. Gravelle (1984), ‘Editorial: Time Series Analysis of Mortality and Unemployment’ 17. Stephen Platt (1984), ‘Unemployment and Suicidal Behaviour: A Review of the Literature’ PART VIII POLICIES 18. Robert G. Chambers (1989), ‘Workfare or Welfare?’ 19. Richard Jackman, Christopher Pissarides and Savvas Savouri (1990), ‘Labour Market Policies and Unemployment in the OECD’ 20. Lars Calmfors (1994), ‘Active Labour Market Policy and Unemployment – A Framework for the Analysis of Crucial Design Features’ 21. Peter Dolton and Donal O'Neill (1996), ‘The Restart Effect and the Return to Full-time Stable Employment’ Name Index

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Book SynopsisThis major volume features a key selection of Wilfred Beckerman's work on the determinants of economic growth in the post-war world, income distribution and environmental policy. Economic growth is the focus of the first part of this volume which includes papers on the causes of differentiated rates of growth in the post-war years, its relationship to welfare, and the desirability of economic growth. The relationship between growth and the state of the environment is the subject of the second part of the volume which includes discussion of the economics of climate change, obligations to future generations and the justification of discounting. In this part of the book, Wilfred Beckerman also questions the value of sustainable development. The third part of the book, on inequality and poverty, focuses on the distribution of incomes, the conceptual problems of poverty measurement and the impact of social security payments in Britain. This volume also features an extensive introduction in which the author looks back on his career both as an academic and as a civil servant.Iconoclastic and thought-provoking, Growth, the Environment and the Distribution of Incomes will be welcomed as a wide-ranging and unconventional discussion of economic approaches to the environment, wealth distribution and growth.Table of ContentsPart I Economic growth in the real world. Part II Economic growth and the environment. Part III Inequality and poverty.

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Book SynopsisShould trade unions passively respond to turbulent changes in industrial relations or can they innovate and set their own agenda? In the face of technological, economic, political and cultural change, trade unions across Europe face a genuine threat to their past achievements and their future capacity to act and shape industrial relations.In The Challenges to Trade Unions in Europe , a group of prominent authors examines the unions' strategic policies in seven European member states and at the European Union level, as well as their responses to the globalization of economic competition. Using theoretical and historical analysis as well as up-to-date empirical research, they examine the successes of trade unions and their capacity to innovate in order to remain strategic actors in the industrial relations arena. In particular, the authors examine trade union policies responding to topical issues such as training, sustainable growth, flexibility, decentralization, deregulation and neo-liberal state policies.The Challenges to Trade Unions in Europe explores responses to the main economic, managerial, political and socio-cultural features of the transformation process facing trade unions in Europe. It will be welcomed by researchers and students interested in industrial relations, personnel management, and the social and economic implications of European integration.Trade Review'. . . a useful contribution to the field of comparative and international industrial relations. Its success is due to the involvement of a large number of authors who come from different countries and different disciplinary backgrounds, have both theoretical and empirical leanings, and have different methodological preferences. The diversity of their analyses - and their interest in going further then the descriptive question of the degree of innovation - produces a rich mosaic of current developments in union strategy.'Table of ContentsContents: Foreword Part I: Trade Unions on Shifting Grounds Part II: Rethinking Solidarity Part III: New Items on the Agenda Part IV: Adapting to Management Challenges Part V: Adapting toPolitical Pressures Bibliography Index

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Book SynopsisLabour migration is part of the process of human survival. In order to survive, individuals have to respond to changes in natural and institutional environments. The economic motivation and consequences of labour migration are the subject of this important new book.The Economics of Labour Migration places migration in a historical context, considers the economic impact of labour emigration and immigration, and examines the migration process in the European Union. The international group of contributors adopts an institutionalist perspective, allowing for the involvement of dynamic processes and human institutions. Their approach combines normative analysis with positive discussion of contemporary real world issues.Economists and policymakers will welcome the innovative approach of this volume which tackles a key economic issue which will have a profound influence on the development of the global economy.Trade Review'. . . excellent background reading for anyone interested in acquainting themselves with the political economy underlying international migration.' -- J. Millington, International Journal of ManpowerTable of ContentsContents: Introduction: The Economics of Labour Migration – A Process of Survival (J. van den Broeck) 1. Migration in a World Historical Perspective (R. King) 2. Economic Migration and the Sending Countries the Receiving Countries (B. Ghosh) 3. International Migration and Labour Mobility: The Receiving Countries (V.M. Briggs, Jr.) 4. Economic Integration and Migration: The European Case (H. Werner) Index

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Book SynopsisThis major new Handbook is a detailed, up-to-date guide to different national labour markets and policies to combat unemployment and their outcomes. It will become established as a standard reference book - the first of its kind - providing an authoritative account of the rapidly growing field of labour market policy in a coherent and systematic framework.A group of internationally renowned researchers provides a state-of-the-art account of research on three levels; an evaluation of the methods available, an evaluation of policies and policy regimes and an evaluation of institutional frameworks and monitoring systems. Unique features of this reference book include the presentation of a 'Target-Oriented Approach' to evaluating labour market policy. The Handbook is international in its approach - all chapters apply an international comparative framework in assessing contemporary developments in the field.International Handbook of Labour Market Policy and Evaluation will be an indispensable source of reference for policymakers, social scientists and academics interested in labour market policy and policy evaluation.Trade Review'The book should be of great use and interest to anyone concerned with labour market issues, and particularly so for those concerned with designing effective evaluation schemes. Further, it cannot be disputed that, as the paper version yields a price of roughly .04p per page, this book offers very good value indeed.'Table of ContentsContents: Introduction Part I: Theory and Methodology of Labour Market Policy Evaluation 1. Theory and Methodology of Labour Market Policy Evaluation (G. Schmid, J. O’Reilly, K. Schömann) 2. Experimental and Nonexperimental Evaluation (J.J. Heckman, J.A. Smith) 3. Experimental Evaluation of European Labour Market Policy (A. Björklund, H. Regnér) 4. Longitudinal Designs in Evaluation Studies (K. Schömann) 5. Aggregate Impact Analysis (L. Bellmann, R. Jackman) 6. Cost–benefit Analysis (L. Delander, H. Niklasson) 7. Process Evaluation: Policy Formation and Implementation (G. Schmid) Part II: Evaluating Labour Market Policies in Selected Target Areas 8. Unemployment Compensation and Labour Market Transitions (G. Schmid, B. Reissert) 9. Job Opportunities for the Hard-to-place (C. Erhel, J. Gautié, B. Gazier, S. Morel) 10. The School to Work Transition (P. Ryan, C.F. Büchtemann) 11. Transition between Family Formation and Paid Employment (C. Fagan, J. Rubery) 12. Exit Options from the Labour Force (B. Casey) 13. Improving Job-matching through Placement Services (U. Walwei) 14. Occupational Segregation, Discrimination and Equal Opportunity (J. Rubbery, C. Fagan, F. Maier) 15. Life-long Learning and Skill Formation (A.C. Tuijnman, K. Schömann) 16. Form Unemployment to Self-employment: Labour Market Policies for Business Start-up (N. Meager) 17. Employment Opportunities for the Disabled (L. Delsen) 18. Immigrant Labour Integration (G. Biffl) 19. Labour Adjustment through Part-time Work (J. O’Reilly) 20. Employment Stabilization through Short-time Work (H. Mosley, T. Kruppe) 21. Legal Regulation and Flexibility of Employment Contracts (R. Rogowski, K. Schömann) 22. Employment Security and Dismissal Protection ( C.F. Büchtemann, U. Walwei) Part III: Evaluating Institutional Frameworks of Labour Market Policy 23. Explaining State Intervention to Prevent Unemployment: The Impact of Institutions on Active Labour Markt Policy Expenditures in 18 Countries (T. Janoski) 24. The Impact of Labour Market Policy on Wages, Employment and Labour Market Mismatch (L. Bellman, R. Jackman) 25. New Public Management of Further Training (G. Schmid) 26. The Importance of Wage-bargaining Institutions for Employment Performance (E. Applebaum, R. Schettkat) 27. Tax Regimes and Labour Market Performance ( S. Gustafsson) Part IV: Evaluating Policy Targets at the European Level 28. The European Social Fund: A Strategy for Generic Evaluation (R. M. Lindley) 29. European Regulation of Social Standards (J. O’Reilly, B. Reissert, V. Eichener) 30. Monitoring of Labour Market Policy in EU Member States (P. Auer, T. Kruppe) Index

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Book SynopsisUnemployment and the Economists addresses economic ideas, beliefs and arguments regarding the causes and possible cures of unemployment - a matter of recurring interest and concern for economists throughout history.An overview essay by Bernard Corry shows how the economic policy and theory has focused more on giving incentives for the unemployed to find work than on altering the structure of the demand for labour. Terry Peach writes about Ricardo's debates with Malthus on unemployment following the Napoleonic wars, while Jose Harris examines the phenomenon during the 1870 to 1914 period. The volume also includes work by George Peden on the interwar British Treasury's rejection of borrowing to counter unemployment and Alan Budd's paper on the theory and practice of unemployment policy since the second world war. The volume concludes with comments by Walter Eltis.Featuring some of the leading scholars currently writing on the history of economic thought and policy, Unemployment and the Economists will be welcomed as a substantial contribution to an on-going and highly pertinent economic, political and social debate.Trade Review'. . . the essays provide worthwhile reading for those interested in the evolution of thinking on unemployment and related policy issues throughout history.'Table of ContentsContents: Preface 1. Unemployment in the History of Economic Thought: An Overview and Some Reflections (B. Corry) 2. Ricardo and Malthus on the Post-Napoleonic Distress: Too Many Producers or a Momentary Lapse of Reason? (T. Peach) 3. From Sunspots to Social Welfare: The Unemployment Problem 1870–1914 (J. Harris) 4. The Treasury View in the Interwar Period: An Example of Political Economy? (G. Peden) 5. Unemployment Policy Since the War - the Theory and the Practice (A. Budd) 6. Unemployment and the Economists: A Concluding Comment (W. Eltis) Index

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Book SynopsisFull Employment and Growth presents James Tobin's unique modern Keynesian slant on the major monetary, fiscal and international policy issues of the 1990s.More than twenty recent essays collected together in this volume address the major contemporary issues of macroeconomic policy, especially in America. Usually dissenting from the orthodoxies of the day, both liberal and conservative, Professor Tobin offers a common sense, unhysterical view of public deficits and debt, speaks for pragmatic monetary policies, argues against protectionism and favours slowing down the speculative movement of funds between currencies. The author also presents his own suggestions for reform of social security and health care.Again and again, Professor Tobin warns against blind faith that the markets will always produce optimal results. All those interested in the application of economic analysis and argument to the salient policy issues of our time will find these essays eminently readable and will appreciate the clear ways in which the power of economic analysis is explained and used.Trade Review'The essays are permeated with that upsurge of optimism and spirit. Long may Jim Tobin continue to instruct and inspire us.' -- G.C. Harcourt, The Manchester School'The style is lucid and very readable and all mathematical formalization is left out. An impressive and important book, it is highly recommended to all.'– Tareen Hussain, The Economic JournalTable of ContentsContents: Acknowledgements Part I: Macroeconomic Policy Part II: Monetary Policy Part III: Fiscal Policy Part IV: International Economic Relations Part V: Social Policy Index

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Book SynopsisLabour Relations in Transition provides a unique insight into the realities of Russian industrial enterprises in the transition period as it affects workers on the shop floor.Based on a unique collaborative programme of ethnographic and case study research, this volume includes original work by Western and Russian scholars focusing on the restructuring of wages, employment and industrial relations, and how workers have responded to these changes. As well as presenting pioneering analysis of trade unions and industrial conflict, Labour Relations in Transition addresses changing status hierarchies within the workforce, the position of women in production, the process of bankruptcy, and insider and outsider control.This is the third volume in the series Management and Industry in Russia and will be welcomed by sociologists and Russian specialists for addressing contemporary Labour-Management relations within the context of the changing significance of work and work relations in the lives of Russian workers.Trade Review’The book is valuable, consisting of ten chapters written by Russian colleagues of the editor plus his introduction. The book is highly recommended.’- Guy Standing, British Journal of Industrial Relations’Labour Relations in Transition performs an important role, filling a serious gap in our understanding of the current extraordinary period in Russian history.’- Martin Spence, Capital and Class’American readers will have much to learn from this book.’- M. Gardner Clark, Industrial and Labor Relations ReviewTable of ContentsContents: 1. Labour Relations and Class Formation (S. Clarke) 2. Wage Systems in Pioneers of Privatisation (I. Donova) 3. Foremen: An Ethnographic Investigation (M. Ilyina) 4. Internal Mobility and the Restruction of Labour (G. Monousova, N. Guskova) 5. How to Survive on a Russian Wage (S. Alasheev, M. Kiblitskaya) 6. Employment Policy in an Industrial Enterprise (T. Metalina) 7. Changes in the Social Organisation of an Industrial Enterprise (I. Kozina) 8. A Miners’ Town: From the Problem of Employment to the Problems of Personnel Management (I. Donova) 9. The Strike as a Form of Worker Activism in the Period of Economic Reform (V. Borisov) 10. Conflict in a Coal-Mining Enterprise: A Case Study of Sudzhenskaya Mine (V. Borisov, V. Bizyukova, K. Burnyshev) 11. Underground Miners’ Strikes (P. Bizyukov) Index

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Book SynopsisThis comprehensive book presents an original reconstruction of the different interpretations of the Phillips curve. The authors demonstrate through an in-depth analysis how it is possible to find non-neoclassical foundations in the trade-off between inflation and unemployment. The debate is presented from a historical perspective which charts the evolution of the Phillips curve from a non-neoclassical perspective, taking account of post Keynesian literature.In the first part of the book the authors focus on the origins of the Phillips curve and they critically analyse Richard Lipsey's interpretation and approach to the Phillips curve. They then explore the neoclassical and monetarist interpretation, paying special attention to the evolution of monetarism and the Keynesian critique of this approach. The Kaleckian, Keynesian and Marxist interpretations of the Phillips trade-off are then presented. Here the authors show how the relationship between inflation, unemployment and money described in these approaches accurately reflects the fundamental features of today's capitalist economies. In the final section a new Phillips curve is constructed, taking into account the non-accelerating inflation rate of unemployment and the hysteresis of it.Inflation, Unemployment and Money will be of interest to macroeconomists, post Keynesians and monetary and financial economists.Table of ContentsContents: Preface 1. The Origins: Phillips’s and Lipsey’s Contribution 2. Keynesians and Monetarists on the Phillips Curve 3. Neoclassical Interpretations of the Phillips Curve and the Microfoundations of Macroeconomics 4. The Phillips Curve and Stagflation 5. Unorthodox Interpretations of the Phillips Curve 6. Phillips Curve, Hysteresis and Keynesian Theory Bibliography Index

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Book SynopsisThe Social Challenge of Job Creation brings together a distinguished group of economists and sociologists to provide a broad, accessible and multidisciplinary assessment of job creation in Europe. This major volume discusses the role of labour market institutions and the nature of their interaction with other economic and social regulations. The European case is discussed in depth with a focus on issues such as the extent to which US labour market institutions can be adapted to European societies, and the problem of the long-term unemployed. Two chapters are explicitly devoted to Spain which constitutes a paramount example of the job creation failure in Europe. An introductory chapter summarizes the main conclusions of the book. Among other results, the authors highlight the importance of systemic and carefully balanced labour market reforms.The Social Challenge of Job Creation provides a rigorous yet accessible broad assessment of the policy alternatives which could lead to increased job creation in the European economy.Table of ContentsContents: Prologue (C. Cavallé) 1. Introduction: Four myths about employment (J. Gual) Part I: Policies and Institutions for Job Creation 2. Employment in Europe (J.H. Drèze) 3. Preventing Long-Term Unemployment: An Economic Analysis (R. Layard) 4. Does it Fit? Drawing Lessons From Differing Labour Practices (R.B. Freeman) Part II: Spain: Lessons from a Failure in Job Creation 5. Job Creation in Spain: A Macroeconomic View (J. Viñals) 6. Creating Employment in Spain: Labour Market Imperfections (C. Sebastián) Part III: Cultural Values and Labour Market Institutions 7. The Institutional Structuring of Firms’ Strategies and Employment Practices in Market Economies (R. Whitley) 8. Knowledge and Ideas for Job Creation: the case of Entrepreneurship in the 1980s (J.L. Alvarez) Index

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Book SynopsisThe emergence of industrial policy as a central issue among not just policy makers but the intellectual community as well reflects not only concerns about the international competitiveness of firms and nations but also unemployment and growth. Scholarship on industrial policy has been scattered across a wide range of disciplines and subjects, rendering it difficult to grasp the state of knowledge on the subject. The purpose of this three volume series is to provide the classic articles forming the building blocks of scholarship on industrial policy and present them in an integrated framework. These classic contributions span a number of subjects within economics, such as international trade, industrial economics, labour economics, economic development and technological change, as well as a number of different academic disciplines, including political science, sociology, international relations, and international management. The first volume focuses on The Mandate for Industrial Policy, the second on Instruments and Targets, and the third on Industry and Country Studies.Trade Review‘David Audretsch has assembled a highly respectable collection of classical economic literature on the role and impact of industrial policy on national competitiveness . . . Audretsch’s collection of works is a blend of the conceptual and empirical and easily accessible to any professional working in the field of industrial policy. Economists, policy analysts (trade, technology and industrial policy in particular), business and international political economy scholars, and political scientists will find these texts to be an essential reference for their work . . . the breadth and scope of works presented in this set is considerable, and the great virtue of Industrial Policy and Competitive Advantage is in its organization of topics and themes . . . is an important addition to the literature on the study of industrial policy. Because it concentrates – in a single source – the significant economic contributions to the thinking, theory, and empirical evidence behind industrial policy making, most analysts will consider it a primary and essential resource.’ -- Maria Papadakis, James Madison University, US‘David Audretsch has undertaken a challenging task, in both concept and magnitude, in putting together the selection of 68 articles. He has met his self-imposed challenge with distinction. . . . In sum, these three volumes make an outstanding contribution to the reference literature of modern economics, not only for the overall high quality of the reprinted articles and chapters, but also for the editor’s perceptive and ingenious presentation of a highly complex body of writing.’ -- William L. Baldwin, Dartmouth College, US‘Industrial Policy and Competitive Advantage is a rich collection of classic articles by experts in the area to provide “building blocks of scholarship on industrial policy”. The three volumes are so organized, each addressing a unique characteristic of the literature in the field.’ -- V.P. Jain, Journal of Scientific and Industrial Research‘There is good representation of both Eastern Europe and South East Asia with articles by Audretsch and Westphal among others. There is no doubt that the three volumes will provide a very useful reference collection for both students and academics and will help focus the debate surrounding industrial policy.’ -- Katherine Wakelin, The Economic JournalTable of ContentsVolume 1 The mandate for industrial policy: Part 1 The policy mandate: the idea of industrial policy, Chalmers Johnson; industrial policy - a dissent, Charles L. Schultze; industrial policy and American renewal, R.D. Norton; industrial change, barriers to mobility and European industrial policy, Paul A. Geroski and Alexis Jacquemin; some lessons from the East Asian miracle, Joseph E. Stiglitz. Part 2 Implementation: implementing a national technology strategy with self-organizing industry investment boards, Paul M. Romer; procurement policy as a tool of industrial policy, P.A. Geroski; the implementation of industrial policy in an evolutionary perspective, Alexander Gerybadze. Part 3 International competitiveness: making sense of the competitiveness debate, Paul R. Krugman; industrial policy and international competitiveness, David B. Audretsch; international R&D rivalry and industrial strategy, Barbara J. Spencer and James A. Brander. Part 4 Trade: trade and industrial policy under imperfect competition, Anthony J. Venables and Alasdair Smith; optimal trade and industrial policy under oligopoly, Jonathan Eaton and Gene M. Grossman; the welfare effects of imperfect harmonization of trade and industrial policy, Konstantine Gatsios and Larry Karp; R&D rivalry, industrial policy and US-Japanese trade, David B. Audretsch and Hideki Yamawaki. Part 5 Foreign direct investment: industrial policy and foreign direct investment, Phedon Nicolaides. Part 6 Technology policy: does technology policy matter?, Henry Ergas; technical innovation and national systems, Richard R. Nelson and Nathan Rosenberg; strategic R&D policy, John Beath et al; innovation policy in an open economy - a normative framework for strategic and tactical issues, Moshe Justman and Morris Teubal. Volume 2 Instruments and targets: Part 1 Competition policy: industrial policy and competition policy, Manfred Neumann; the evolution of Clayton section 7 enforcement and the beginnings of US industrial policy, Bruce M. Owen; antitrust law as industrial policy - should judges and juries make it?, Phillip Areeda; international mergers and state aid - what should competition policy do about industrial policy?, A. Neil Campbell et al. Part 2 Networks and cooperation: competition, cooperation and innovation - organizational arrangements for regimes of rapid technological progress, David J. Teece; when can government subsidize research joint ventures? politics, economics and limits to technology policy, Linda Cohen; company-scientist locational links - the case of biotechnology, David B. Audretsch and Paula E. Stephan; vertical relations between firms and industrial policy, P.A. Geroski; a dynamic analysis of export cartels - the Japanese case, Alexis Jacquemin et al; Europe - collaboration in the high technology sectors, Margaret Sharp. (Part contents)

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Book SynopsisThe rapid influx of women into the labour market has come to be recognised as one of the most important economic and social developments of the latter half of the 20th century. Women in the Labor Market is an authoritative collection of those papers which have made the greatest contribution to our understanding of this development and its causes. The emphasis is on empirical work which has served either to support or undermine the theoretical foundations of this field, but also included are papers by sociologists who provide insights on economic issues not found in the work of economists.The opening section explores the causes of women's participation in the labour market. The following section investigates the nature of the work in which women are involved and the explanations for this occupational distribution. The question of earnings differentials between male and female occupations and the trends and explanations for this gender wage gap are addressed in the third section, while the penultimate section offers an exploration of the policies which have been proposed in order to improve the status of women in the labour market. In conclusion, the impact of women's work on their lives and families is evaluated.Trade Review'The articles reproduced here are among those that made the most significant contributions to knowledge of women's role in the labour market, and of how policies influence the outcome. . . . It would be difficult to exaggerate the value of these volumes, bringing together as they do such a wide range of empirical research on some of the most important issues in social policy at the end of the twentieth century.'Table of ContentsContents: Introduction Part I: Explaining Women’s Labor Force Participation Part II: Occupational Distribution Part III: The Male/Female Earnings Ratio Part IV: Policies to Improve Women’s Status in the Labor Market Part V: Impact of Women’s Labor Force Participation on the Family Name Index

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Book SynopsisThis book dismantles the arguments used by policy makers to justify the abandonment of full employment as a valid goal of national governments. Bill Mitchell and Joan Muysken trace the theoretical analysis of the nature and causes of unemployment over the last 150 years and argue that the shift from involuntary to 'natural rate' conceptions of unemployment since the 1960s has driven an ideological backlash against Keynesian policy interventions. The authors contend that neo-liberal governments now consider unemployment to be an individual problem rather than a reflection of systemic policy failure and that they are content to use unemployment as a policy instrument to control inflation and coerce the unemployed with work tests and compliance programmes rather than provide sufficient employment. They present a comprehensive theoretical and empirical critique of this policy approach, with a refreshing new framework for understanding modern monetary economies. The authors show that the reinstatement of full employment with price stability is a viable policy goal that can be achieved by activist fiscal policy through the introduction of a Job Guarantee.Full Employment Abandoned will appeal to graduate and postgraduate students and researchers of economics and politics with an interest in macroeconomic policy and the labour market, particularly unemployment and neo-liberal policy frameworks.Trade Review'This book by William Mitchell and Joan Muysken is both important and timely. It deals with the issue of the abandonment of full employment as an objective of economic policy in the OECD countries. It argues persuasively that macroeconomic policy has been restrictive over the recent, and not so recent past, and has produced substantial open and disguised unemployment. But the authors show how a job guarantee policy can enable workers, who would otherwise be unemployed, to earn a wage and not depend on welfare support. If such a policy is fully supported by appropriate fiscal and monetary programmes, it can create full employment with price stability, which the authors label as a Non-Accelerating-Inflation-Buffer Employment Ratio (NAIBER). This book is essential reading for any one wishing to understand how we can return to full employment as the normal state of affairs.' -- Philip Arestis, University of Cambridge, UKTable of ContentsContents: Part I: Full Employment: Changing Views and Policies 1. The Full Employment Framework and its Demise 2. Early Views on Unemployment and the Phillips Curve 3. The Phillips Curve and Shifting Views on Unemployment 4. The Troublesome NAIRU: The Hoax that Undermined Full Employment Part II: Full Employment Abandoned: Shifting Sands and Policy Failures 5. The Shift to Full Employability 6. Inflation First: The New Mantra of Macroeconomics 7. The Neglected Role of Aggregate Demand Part III: The Urgency of Full Employment: Foundations for an Active Policy 8. A Monetary Framework for Fiscal Policy Activism 9. Buffer Stocks and Price Stability 10. Conclusion: The Urgency of Full Employment References Index

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Book SynopsisIn Not Just for the Money Professor Frey challenges traditional economic theory and argues that people do not act in expectation of monetary gain alone, nor do they work solely because they are paid. Furthermore, the author claims that higher monetary compensation as well as regulations crowd-out motivation in important circumstances. Offering higher pay may make people less committed to their work and may reduce their performance. They thus behave in exactly the opposite way the fundamental price-effect of economics predicts.The first part of the book considers the Crowding-Out Effect and the Motivational Spill-Over Effect. The second part explores a large number of applications to constitutional questions, various policy issues and the organization of firms. The final part discusses the substantial consequences for policy making and economic theory.This path breaking book is bound to create controversy and debate. It will appeal not only to economists but to a wide range of social scientists who want to go beyond the traditional assumption of economic man.Trade Review'What he [Bruno Frey] offers is both challenging and pervasive in its relevance. He is ambitious enough to aspire to make economics less presumptive and less general, but - as he himself observes - earlier efforts to integrate psychology into economics have been noted while precious little effect on economics as a whole. His book is provocative and interesting and likely to yield some further empirical efforts to measure putative crowding-out effects, but scepticism and inertia are likely to be difficult barriers to overcome.'Table of ContentsContents: 1. Introduction Part I: The Crowding-Out Effect 2. Everyday Experiences 3. The Psychological Background 4. Integration into Economics 5. Motivational Spill-Over Effect Part II: Applications 6. A Strict or Lenient Constitution? 7. Environmental Policy 8. Siting Policy, or: the NIMBY-problem (with Felix Oberholzer-Gee) 9. Social and Organizational Policy 10. Work Motivation and Compensation Policy Part III Conclusions 11. Consequences for Economic Policy 12. Consequences for Economic Theory References Index

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Book SynopsisPromises, Promises examines from a libertarian perspective, the differing methods and levels of success of adapting contract law in the Czech Republic, Hungary, Poland and especially Russia in the wake of political change. The author analyses the roles of government power and policy, opportunism and private regulatory mechanisms within the pattern of change.Table of ContentsAlternative methods of legal change; contracts and opportunism; private mechanisms; Czech Republic, Hungary, Poland; Russia; government policy; creation of efficient rules; implications.

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Book SynopsisThis comprehensive two volume collection is designed to introduce the reader to the systems of innovation literature. This is the first time that one major reference collection brings together some of the best known and most provocative literature from a variety of different perspectives, such as national, sectoral and regional systems of innovation. Classics such as the seminal papers by Schumpeter and List as well as modern authors are included, and the collection focuses on issues of economic growth, competitiveness and employment. Systems of Innovation will be essential reading for researchers and practitioners and will be an invaluable source of reference for use in innovation courses at university level.Trade Review'. . . these two big volumes achieve to demonstrate that there is a strong interest in using a system approach in order to study the mechanisms of innovation, of building capabilities and of economic growth.'Table of ContentsContents: Volume I: Acknowledgements • Introduction Part I An Introduction to Systems of Innovation 1. Charles Edquist (1997), ‘Systems of Innovation Approaches – Their Emergence and Characteristics’ Part II National Systems of Innovation 2. Chris Freeman (1995), ‘The “National System of Innovation” in Historical Perspective’ 3. Bengt-Åke Lundvall (1992), ‘Introduction’ 4. Parimal Patel and Keith Pavitt (1994), ‘National Innovation Systems: Why They are Important, and How They Might be Measured and Compared’ 5. Jorge Niosi, Paolo Saviotti, Bertrand Bellon and Michael Crow (1993), ‘National Systems of Innovation: In Search of a Workable Concept’ Part III Regional Systems of Innovation 6. Michael Storper (1995), ‘The Resurgence of Regional Economies, Ten Years Later: The Region as a Nexus of Untraded Interdependencies’ 7. Philip Cooke, Mikel Gomez Uranga and Goio Etxebarria (1997), ‘Regional Innovation Systems: Institutional and Organisational Dimensions’ 8. Alfred Marshall (1947), ‘Industrial Organization, Continued. The Concentration of Specialized Industries in Particular Localities’ 9. Anders Malmberg and Peter Maskell (1997), ‘Towards an Explanation of Regional Specialization and Industry Agglomeration’ 10. Anna Lee Saxenian (1996), ‘Inside-Out: Regional Networks and Industrial Adaptation in Silicon Valley and Route 128’ Part IV Sectoral and Technological Systems 11. B. Carlsson and R. Stankiewicz (1991), ‘On the Nature, Function and Composition of Technological Systems’ 12. Erik Dahmén (1988), ‘“Development Blocks” in Industrial Economics’ 13. Stefano Breschi and Franco Malerba (1997), ‘Sectoral Innovation Systems: Technological Regimes, Schumpeterian Dynamics, and Spatial Boundaries’ 14. Richard R. Nelson (1996), ‘The Evolution of Comparative or Competitive Advantage: A Preliminary Report on a Study’ 15. Michael E. Porter (1998), ‘Clusters and the New Economics of Competition’ 16. William Lazonick (1993), ‘Industry Clusters versus Global Webs: Organizational Capabilities in the American Economy’ 17. Jan Fagerberg (1995), ‘User-Producer Interaction, Learning and Comparative Advantage’ Part V Case Studies of Systems of Innovation 18. Richard R. Nelson (1992), ‘National Innovation Systems: A Retrospective on a Study’ 19. Linsu Kim (1993), ‘National System of Industrial Innovation: Dynamics of Capability Building in Korea’ 20. Ludovico Alcorta and Wilson Peres (1998), ‘Innovation Systems and Technological Specialization in Latin America and the Caribbean’ 21. Susan Bartholomew (1997), ‘National Systems of Biotechnology Innovation: Complex Interdependence in the Global System’ 22. Bo Carlsson (1995), ‘The Technological System for Factory Automation: An International Comparison’ Name Index Volume II: Part I Interactive Learning and Networks of Innovation 1. Stephen J. Kline and Nathan Rosenberg (1986), ‘An Overview of Innovation’ 2. Chris DeBresson and Fernand Amesse (1991), ‘Networks of Innovators: A Review and Introduction to the Issue’ 3. Bengt-Åke Lundvall (1988), ‘Innovation as an Interactive Process: From User-Producer Interaction to the National Systems of Innovation’ Part II Evolutionary Theories of Innovation 4. Joseph A. Schumpeter (1979/1976), ‘The Process of Creative Destruction’ 5. Richard R. Nelson and Sidney G. Winter (1977), ‘In Search of a Useful Theory of Innovation’ 6. Giovanni Dosi (1988), ‘The Nature of the Innovative Process’ 7. Maureen McKelvey (1997), ‘Using Evolutionary Theory to Define Systems of Innovation’ Part III Institutional Theories 8. Charles Edquist and Björn Johnson (1997), ‘Institutions and Organisations in Systems of Innovation’ 9. John Zysman (1994), ‘How Institutions Create Historically Rooted Trajectories of Growth’ 10. Friedrich List (1885), ‘The National Division of Commercial Operations and the Confederation of the National Productive Forces’ 11. Nathan Rosenberg (1960), ‘Some Institutional Aspects of the Wealth of Nations’ Part IV Innovations, Growth and Employment 12. Moses Abramovitz (1989), ‘The Proximate Sources of Growth’, ‘The Search for Deeper Causes: Technological Effort as Investment’, ‘The Search for Deeper Causes: National and Historical Determinants’ and ‘Longer Thoughts about Long-term Growth’ 13. Birgitte Gregersen and Björn Johnson (1998), ‘How do Innovations Affect Economic Growth? Some Different Approaches in Economics’ 14. Richard R. Nelson (1990), ‘Capitalism as an Engine of Progress’ 15. Charles Edquist, Leif Hommen and Maureen McKelvey (1998), ‘Product Versus Process Innovation: Implications for Employment’ Part V Dynamics of Government Policy and Firm Strategy 16. J.S. Metcalfe (1997), ‘Science Policy and Technology Policy in a Competitive Economy’ 17. Richard G. Lipsey and Kenneth Carlaw (1998), ‘Technology Policy: Basic Concepts’ 18. Maureen McKelvey and François Texier (2000), ‘Surviving Technological Discontinuities through Evolutionary Systems of Innovation: Ericsson and Mobile Telecommunication’ 19. Bo Carlsson and Staffan Jacobsson (1997), ‘Diversity Creation and Technological Systems: A Technology Policy Perspective’ 20. Michael Borrus and Jay Stowsky (1998), ‘Technology Policy and Economic Growth’ 21. Charles Edquist, Leif Hommen, Björn Johnson, Tarmo Lemola, Franco Malerba, Thomas Reiss and Keith Smith (1998), ‘The Systems of Innovation Approach and its General Policy Implications’ and ‘Specific Policy Implications of ISE and its Sub-projects’ Name Index

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Book SynopsisUnemployment in Theory and Practice examines the effectiveness of current policies in the battle against unemployment. It uses a variety of country case studies to analyse the range of potential causes of and cures for unemployment and analyses the complex nature of labour markets. This volume surveys the policy options and prescribes a mix of both macro and microeconomic policies to combat unemployment effectively. The contributors address the issue of policy targeted groups, including self-employed and older workers, and offer a comprehensive survey of key empirical findings. Issues considered include the rising number of self-employed in Australia and the labour market prospects for the aged in Germany. Particular labour market policies are discussed including the role of training and concerted international action through social democratic and trade union collaboration. The nature of unemployment in countries characterized by economic and social transformation, such as Bulgaria and Poland, is also analysed in detail. The final section of the book is dedicated to wage policy and compensatory pay for the unemployed. It challenges the conventional neoclassical wisdom that wage constraints and limited trade union power will necessarily lead to labour market improvements and reduced unemployment. Evidence from Germany and South Africa is used to argue that collective action is a promising policy alternative. International in scope, the book will be essential reading for undergraduate and postgraduate students of economics, political economy, industrial relations and international economics. It will also appeal to professional economists, sociologists, political scientists, trade unionists and policy advisors.Table of ContentsContents: 1. Unemployment: From Macro to Micro Perspectives 2. Identifying Policy Target Groups 3. Evaluating Active Labour Market Policies 4. Unemployment in Central and Eastern Europe 5. Wage Policy and Compensatory Pay

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Book SynopsisThis up to date book provides the first evidence on employee-ownership in Central and Eastern Europe. This subject has attracted growing interest in recent years, since the sale and free distribution of enterprise shares to employed workers and mangers have surprisingly become frequent privatization methods in many transitional economies. The book highlights some of the crucial issues which have been debated in recent economic literature, in particular the advantages and risks of employee-ownership in comparison with other privatization methods. It also provides an overview of individual countries' experiences and makes some important policy recommendations. Privatization Surprises in Transition Economies is a wide-ranging survey which considers employee- ownership within privatization legislation and its diffusion and implementation problems in 14 transitional economies. Using empirical evidence on the impact of this privatization method, the authors address issues such as enterprise restructuring, employment, wages, productivity and investment policies. They conclude that employee-ownership has a bright future, and that the fears expressed by many policy advisers regarding the negative implications of employee ownership were largely exaggerated. This privatization method has proven to be one of the quickest, and has also brought with it many positive changes such as decentralization, increased productivity and motivation and more moderate restructuring policies - especially with regard to employment reductions.This book also presents some of the weaknesses of this form of privatization and identifies such possible improvement as the use of employee-ownership in combination with other privatization methods.Trade Review'Privatization Surprises in Transition Economies is a welcome addition to studies of economic transition.'Table of ContentsContents: Foreword 1. Introduction. Creating Employee Capitalism in Central and Eastern Europe (M. Uvalic, D. Vaughan-Whitehead) 2. Employee Ownership in the Baltic Countries (N. Mygind) 3. Employee Ownership and Participation in Bulgaria, 1989 to mid 1996 (C. Rock, M. Klinedinst) 4. The Demise of Employee Ownership in the Czech Privatization Programme? (J. Kotrba) 5. Successful Waves of Employee Ownership in Hungary (G. Lajtai) 6. Employee Ownership in Polish Privatizations (D. Mario Nuti) 7. Employee Share-Ownership in Romania: The Main Path to Privatization (C. Munteanu) 8. Rapid Spread of Employee Ownership in the Privatized Russia (B. Lissovolik) 9. Employee Ownership alongside Hyper-stagflation in Ukraine: Enterprise Survey Results for 1993–95 (D. Vaughan-Whitehead) 10. Privatization in the Yugoslav Successor States: Converting Self-Management into Property Rights (M. Uvalic) Index

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Book SynopsisThis important book presents an in-depth analysis of the neo-liberal viewpoint on globalization and its impact on labour relations. The policies of states and multinational corporations as well as their effects are analysed from the perspectives of international political economy, institutional economics, cultural studies and industrial relations.The authors analyse the trade union critique, labour market segmentation and the erosion of regulatory practices and standards which give labour some degree of protection. This innovative book combines theoretical analysis with empirical detail and focuses on various sectors of industry such as mining, home appliances, logistic services and the media as well as the main regional blocks of the global economy - Europe, Australia-Asia and America.Trade Review'. . . contains some excellent articles . . . it is very well edited and covers in a coherent way the theme of globalization / de-regulation . . . the anthology is a pleasure to read because it deals with some profound issues of labour market regulation.'Table of ContentsContents: 1. Introduction 2. Globalization – Frequently Asked Questions and Some Surprising Answers 3. Towards the Denaturing of Class Relations? 4. In the Name of ‘Globalization’ 5. Imagined Solidarities 6. Fragmenting the Internal Labour Market 7. Global Logistic Chains 8. The International Restructuring of the Media Industries 9. Work Reorganization in a Globalized Mining Industry 10. Australia’s Historic Industrial Relations Transition Index

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Book SynopsisAfter more than twenty years of orthodox economic policy in Europe the scourge of unemployment remains. This impressive book goes beyond the neoclassical theory of employment and develops sound policy guidelines to tackle the global problem of unemployment.Employment, Technology and Economic Needs provides the latest thinking on issues of employment, unemployment and economic policy. The book is explicitly interdisciplinary in scope and international in coverage, including European and US country case studies. Its authors include economists, management scientists, sociologists and economic geographers. Together they provide the most comprehensive analysis to date of the problems of unemployment and poor economic performance from a broadly institutional and evolutionary perspective. The book reports the latest academic research, whilst clearly documenting the implications for public policy. The authors discuss the effectiveness of policy prescriptions such as negative income taxes, the International Labour Organization agenda, a fiscal system based on eco-taxation, a reduction of working time, and developing a 'corporatist' system as a means to develop employment opportunities. Written in an accessible style, this book will be vital reading for all those interested in the fields of employment, technology, and macroeconomic and industrial policy. It will also be of interest to anyone concerned with economic policy issues and human welfare.Table of ContentsContents: Introduction: Towards an Alternative Theory and Policy on Employment (J. Michie and A. Reati) Part I: The Political Economy of Employment and Unemployment 1. Labour Supply and Unemployment (A.G. Calafati) 2. Demand – and Supply-side Approaches to Economic Policy (J. Michie and C. Pitelis) 3. Deindustrialization, Unemployment and Government (M. Kitson and J. Michie) 4. Institutions and Employment Performance in Different Growth Regimes (E. Appelbaum and R. Schettkat) Part II: The Role of Technology and Innovation 5. The Present Technological Change (A. Reati) 6. A Micro-macro View of the Causes of and Remedies for Unemployment in an Integrating Europe (A. Tylecote) 7. Product versus Process Innovation (C. Edquist, L. Hommen and M. McKelvey) 8. Regional Innovation Strategies (S. Davies and K. Morgan) Part III: The World of Work 9. The Employment Relationship in Transition (E. Benedetti and M. Rangone) 10. Creating Your Own Job (J. Wheelock and S. Baines) 11. In Search of Employment Creation via Environmental Valorization (R. Hudson) 12. Some Alternative Explanations of Irish Unemployment (C.M.A. Clark and C. Kavanagh) Part IV: A Policy Agenda 13. Employment as a Human Right (M.R. Tool) 14. Full Employment (W. Sengenberger) 15. Reforming the Labour Market Through Guaranteed Incomes (J. Manza and F. Block) 16. The Reduction of Working Time as a Means of Solving the Unemployment Problem (A. Reati) Index

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Book SynopsisThis important book plays a vital role in bridging the gap between labour economics, law and economics and the legal profession. Beginning with a general overview of the relationship between labour law and economic theory, it then goes on to examine specific areas within the field of law and economics including: the new law and economic theories on contract formation, with a case study from the Dutch system penalty default rules as applied to Israeli labour law dismissal regulation in the UK and US from a comparative perspective overtime hours in the US and severance pay in Germany the European Works Council an historical and economic analysis of the German co-determined corporation. Table of ContentsContents: Foreword 1. Labour Law and Economic Theory: A Reappraisal 2. The Right-to-Lie: New Law and Economics versus Dutch Labour Law? 3. Information-forcing and Cooperation-Inducing Rules: Rethinking the Building Blocks of Labour Law 4. The Law and Economics of Dismissal Regulation: A Comparative Analysis of the US and UK Systems 5. Potential Labour Market Repercussions of Proposed Reforms to the US Fair Labor Standards Act Overtime Hours Law 6. Law and Economics Analysis of the European Works Council 7. Severance Pay in Germany: A Contract Perspective 8. The Co-determined Corporation as a Player in the Labour Market Index

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Book SynopsisThis authoritative book, bringing together the reports of the Competitiveness Advisory Group, identifies actions to improve European competitiveness politically, economically and socially. The objective is to raise living standards and maintain social cohesion.The Competitiveness Advisory Group has the mission of advising the European Commission and the Heads of State and Government of the European Union. The members of this independent group, which includes leading industrialists, trade unionists, politicians and academics, have adopted a 'bottom-up' approach, seeking to draw lessons from the experience of countries, industries and firms: they rely on 'benchmarking' in order to identify best practice.In the context of increasing interdependence of world trade and consequent globalization of the international economy new policy prescriptions are required for growth and employment, greater efficiency and higher standards of living. In relation to this, the Group discusses the need to close the worldwide technology gap, for Europe to develop deeper relations with the fast growing Asia Pacific region and argues for greater European solidarity in international trade negotiations. Within the European Union itself, it emphasizes the need to achieve the internal market for the free flow of goods, services and people. In addition, it stresses that Europe needs to catch-up, construct and eventually lead the development of the information society in which workers are recognized as a major asset to be invested in. The Group concludes that, although unemployment remains high, European competitiveness now has a brighter future with the movement towards economic and monetary union, and the enlargement of the European Union eastwards.This book will be essential reading for policymakers, government advisers, industrialists and academics concerned with the future of European economies and societies.Trade Review'. . . this is a valuable book.' -- Stephen Young, Journal of International Business StudiesTable of ContentsContents: What Competitiveness for Europe? An Introduction (A. Jacquemin and Lucio Pench) Enhancing European Competitiveness Four Reports (Competitiveness Advisory Group) First Report 1. Competitiveness and the European Economy 2. Completing the Internal Market 3. Strengthening the European Enterprise 4. Reaping Human Resources Second Report 1. Introduction 2. The Role of the State in the Provision and Regulation of Basic Infrastructures 3. Small and medium-sized enterprises (SMEs), Innovation and Research and Development 4. The Company and Environmental Policy 5. The Meaning of the Learning Society Third Report 1. Summary and Conclusions 2. Labour Market, Unemployment and Competitiveness 3. Labour Market Reform 4. The Company and Employment Fourth Report 1. Europe’s Place in a Globalizing World Economy 2. Benchmarks for Europe: The Dynamism of Asia 3. High-Level Standards, High-Level Benchmarks Index

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Book SynopsisThe world's increasing integration through trade and the persistence of high unemployment in Europe, and other areas of the world, highlight the need to understand the implications of free trade for unemployment. Trade, Jobs and Wages analyses how employment levels and real wages are affected by international trade.Popular trade theory disregards the impact of free trade on the rate of unemployment, since it assumes full employment at the outset. By focusing on the determinants of the natural rate of unemployment, Professor Hoon places an emphasis on real, as opposed to monetary, factors in accounting for long term trends in wages and unemployment. The author examines the influence of trade on jobs and wages in different theoretical settings, including the Ricardian and Heckscher-Ohlin models as well as models exhibiting imperfect competition and scale economies. The influence of trade on high wage jobs and wage inequalities is also discussed.Trade Review'Although reams of paper have been dedicated to East Asia's rapid productivity growth in recent decades, no one had explored at all deeply the other dimension of the Asian miracle - the extraordinarily low unemployment rates achieved. In this masterful book Hian Teck Hoon explains that it is structural unemployment that is so low there, not deficient demand. Then, skilfully combining concepts in the endogenous theory of the natural rate of unemployment with concepts in trade theory, Hoon explains that it was the opening up to trade that brought down the natural rate in East Asia. The effects on the wage gap and the unemployment pattern are brought in. Thus the book both extends employment theory and enriches the theory of the gains from trade.' -- Edmund S. Phelps, Columbia University, USTable of ContentsContents: Preface 1. Introduction 2. Factors Shaping Singapore’s Wages and Unemployment 3. The Ricardian Model with an Endogenous Natural Rate 4. The Heckscher–Ohlin Model with an Endogenous Natural Rate 5. International Product–Market Competition, Jobs and Wages 6. Scale Economies, Jobs and Wages 7. Trade, High-wage Jobs and the Wage Gap 8. International Trade and Wage Inequality: The Role of Economies of Scale and Relative Factor Endowments 9. Wealth, Labour Force Participation and Trade 10. Trade, Growth and Unemployment in Ricardo’s Essay on Profits Model 11. A Synthesis References Index

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Book SynopsisIn the age of globalization, the importance of migration for the industrialized countries has increased. Inflows of migrants have steadily risen in the 1980s and the early 1990s. Yet while the public debate about policy responses to these developments continues unabated, research findings of economists are often ignored. In this four-volume collection the editors have selected some of the most significant contributions on the economics of migration, which provide an overview of the present state of empirical migration research. Topics covered include the migration decision, the integration of immigrants into the labor market and society, their economic behavior, empirical and theoretical contributions to migration policy, and the effects of immigrants on the native population.Trade Review'. . . it should be difficult to find a better compilation of fine research work on the microeconomics of migration covering the period from 1919 to 2000. The four volumes should therefore be a must for researchers and recommended reading for students and policymakers interested in regional and cross-border labour flows.' -- Federico Foders, Review of World Economics'The collection of reprinted, scholarly articles is useful both for economists starting research in the field and as a guide to the literature for graduate students.' -- Sandra E. Belanger, American Reference Books Annual 2003'This collection brings together every article on immigration that I have ever used in my graduate and undergraduate labour economics courses (plus a number of others as well). Many of these are quite old and thus hard to locate, but are still the best on their topics. All aspects of immigration are covered, ranging from the determinants of individuals' migration decisions, to the impacts of those decisions on the individual, to their effects on both sending and receiving countries. All in all, it is nice to see these 'old friends' collected together in one convenient place.' -- Daniel S. Hamermesh, University of Texas at Austin and National Bureau of Economic Research, USTable of ContentsContents Volume I : The Migration Decision and Immigration Policy Acknowledgements Introduction Klaus F. Zimmermann and Thomas Bauer PART I THE MIGRATION DECISION 1. Larry A. Sjaastad (1962), ‘The Costs and Returns of Human Migration’ 2. Ann P. Bartel (1979), ‘The Migration Decision: What Role Does Job Mobility Play?’ 3. Christopher A. Pissarides and Jonathan Wadsworth (1989), ‘Unemployment and the Inter-regional Mobility of Labour’ 4. Gary S. Fields (1979), ‘Place-to-Place Migration: Some New Evidence’ 5. Michael J. Greenwood and John M. McDowell (1991), ‘Differential Economic Opportunity, Transferability of Skills, and Immigration to the United States and Canada’ 6. Klaus F. Zimmermann (1995), ‘European Migration: Push and Pull’ 7. William J. Carrington, Enrica Detragiache and Tara Vishwanath (1996), ‘Migration with Endogenous Moving Costs’ 8. Ralph Rotte, Michael Vogler and Klaus F. Zimmermann (1997), ‘South–North Refugee Migration: Lessons for Development Cooperation’ 9. Timothy J. Hatton and Jeffrey G. Williamson (1994), ‘What Drove the Mass Migrations from Europe in the Late Nineteenth Century?’ PART II FAMILY MIGRATION 10. Steven H. Sandell (1977), ‘Women and the Economics of Family Migration’ 11. Jacob Mincer (1978), ‘Family Migration Decisions’ 12. George J. Borjas and Stephen G. Bronars (1991), ‘Immigration and the Family’ PART III REPEAT AND RETURN MIGRATION 13. Julie DaVanzo (1983), ‘Repeat Migration in the United States: Who Moves Back and Who Moves On?’ 14. John K. Hill (1987), ‘Immigrants Decisions Concerning Duration of Stay and Migratory Frequency’ 15. Slobodan Djajic and Ross Milbourne (1988), ‘A General Equilibrium Model of Guest-Worker Migration: The Source-Country Perspective’ 16. George J. Borjas and Bernt Bratsberg (1996), ‘Who Leaves? The Outmigration of the Foreign-born’ 17. Christian Dustmann (1997), ‘Return Migration, Uncertainty and Precautionary Savings’ PART IV ILLEGAL MIGRATION 18. Wilfred J. Ethier (1986), ‘Illegal Immigration: The Host-Country Problem’ 19. Michael P. Todaro and Lydia Maruszko (1987), ‘Illegal Migration and US Immigration Reform: A Conceptual Framework’ 20. Slobodan Djajic (1987), ‘Illegal Aliens, Unemployment and Immigration Policy’ 21. Barry R. Chiswick (1988), ‘Illegal Immigration and Immigration Control’ 22. John K. Hill and James E. Pearce (1990), ‘The Incidence of Sanctions against Employers of Illegal Aliens’ 23. Sherrie A. Kossoudji (1992), ‘Playing Cat and Mouse at the U.S.-Mexican Border’ 24. Deborah A. Cobb-Clark, Clinton R. Shiells and B. Lindsay Lowell (1995), ‘Immigration Reform: The Effects of Employer Sanctions and Legalization on Wages’ PART V IMMIGRATION POLICY 25. Julian L. Simon (1989), ‘Evaluation of Immigration Policies’ 26. Thomas Straubhaar and Klaus F. Zimmermann (1993), ‘Towards a European Migration Policy’ 27. Klaus F. Zimmermann (1995), ‘Tackling the European Migration Problem’ 28. Jess Benhabib (1996), ‘On the Political Economy of Immigration’ Name Index Volume II: Assimilation of Migrants Acknowledgements An introduction by the editors to all four volumes appears in Volume I PART I IMMIGRANTS LABOR MARKET ASSIMILATION: EVIDENCE FROM NORTH AMERICA 1. Barry R. Chiswick (1978), ‘The Effect of Americanization on the Earnings of Foreign-born Men’ 2. George J. Borjas (1985), ‘Assimilation, Changes in Cohort Quality, and the Earnings of Immigrants’ 3. A.M. Yuengert (1994), ‘Immigrant Earnings, Relative to What? The Importance of Earnings Function Specification and Comparison Points’ 4. Michael Baker and Dwayne Benjamin (1994), ‘The Performance of Immigrants in the Canadian Labor Market’ 5. David E. Bloom, Gilles Grenier and Morley Gunderson (1995), ‘The Changing Labour Market Position of Canadian Immigrants’ 6. Harriet Orcutt Duleep and Mark C. Regets (1999), ‘Immigrants and Human-Capital Investment’ PART II IMMIGRANTS LABOR MARKET ASSIMILATION: EVIDENCE FROM EUROPE AND AUSTRALASIA 7. R. Granier and J.P. Marciano (1975), ‘The Earnings of Immigrant Workers in France’ 8. Barry R. Chiswick (1980), ‘The Earnings of White and Coloured Male Immigrants in Britain’ 9. Barry R. Chiswick and Paul W. Miller (1985), ‘Immigrant Generation and Income in Australia’ 10. Renato Aguilar and Björn Gustafsson (1991), ‘The Earnings Assimilation of Immigrants’ 11. C. Dustmann (1993), ‘Earnings Adjustment of Temporary Migrants’ 12. Brian D. Bell (1997), ‘The Performance of Immigrants in the United Kingdom: Evidence from the GHS’ 13. Christoph M. Schmidt (1997), ‘Immigrant Performance in Germany: Labor Earnings of Ethnic German Migrants and Foreign Guest-Workers’ 14. Liliana Winkelmann and Rainer Winkelmann (1998), ‘Immigrants in the New Zealand Labour Market: A Cohort Analysis using 1981, 1986 and 1996 Census Data’ PART III MIGRATION AND SELF-SELECTION 15. Robert A. Nakosteen and Michael Zimmer (1980), ‘Migration and Income: The Question of Self-Selection’ 16. Chris Robinson and Nigel Tomes (1982), ‘Self-Selection and Interprovincial Migration in Canada’ 17. George J. Borjas (1987), ‘Self-Selection and the Earnings of Immigrants’ 18. Deborah A. Cobb-Clark (1993), ‘Immigrant Selectivity and Wages: The Evidence for Women’ PART IV THE ROLE OF LANGUAGE 19. Geoffrey Carliner (1981), ‘Wage Differences by Language Group and the Market for Language Skills in Canada’ 20. Walter McManus, William Gould and Finis Welch (1983), ‘Earnings of Hispanic Men: The Role of English Language Proficiency’ 21. Gilles Grenier (1984), ‘The Effects of Language Characteristics on the Wages of Hispanic-American Males’ 22. Barry R. Chiswick (1991), ‘Speaking, Reading, and Earnings among Low-skilled Immigrants’ 23. Christian Dustmann (1994), ‘Speaking Fluency, Writing Fluency and Earnings of Migrants’ 24. Barry R. Chiswick and Paul W. Miller (1995), ‘The Endogeneity between Language and Earnings: International Analyses’ 25. Barry R. Chiswick and Paul W. Miller (1996), ‘Ethnic Networks and Language Proficiency among Immigrants’ Name Index Volume III: Quality and Behavior of Migrants Acknowledgements An introduction by the editors to all four volumes appears in Volume I PART I IMMIGRATION POLICY AND IMMIGRANT QUALITY 1. Paul H. Douglas (1919), ‘Is the New Immigration More Unskilled Than the Old?’ 2. Barry R. Chiswick (1986), ‘Is the New Immigration Less Skilled Than the Old?’ 3. George J. Borjas (1992), ‘National Origin and the Skills of Immigrants in the Postwar Period’ 4. Robert E. Wright and Paul S. Maxim (1993), ‘Immigration Policy and Immigrant Quality: Empirical Evidence from Canada’ 5. Guillermina Jasso and Mark R. Rosenzweig (1995), ‘Do Immigrants Screened for Skills Do Better than Family Reunification Immigrants?’ 6. Edward Funkhouser and Stephen J. Trejo (1995), ‘The Labor Market Skills of Recent Male Immigrants: Evidence from the Current Population Survey’ 7. Alan G. Green and David A. Green (1995), ‘Canadian Immigration Policy: The Effectiveness of the Point System and Other Instruments’ 8. Alan Barrett (1996), ‘Did the Decline Continue? Comparing the Labor- market Quality of United States Immigrants from the Late 1970’s and Late 1980’s’ 9. Harriet Orcutt Duleep and Mark C. Regets (1996), ‘Admission Criteria and Immigrant Earnings Profiles’ PART II LABOR SUPPLY 10. Harriet Orcutt Duleep and Seth Sanders (1993), ‘The Decision to Work by Married Immigrant Women’ 11. Michael Baker and Dwayne Benjamin (1997), ‘The Role of the Family in Immigrants’ Labor-Market Activity: An Evaluation of Alternative Explanations’ 12. Christian Dustmann (1997), ‘Differences in the Labor Market Behavior between Temporary and Permanent Migrant Women’ PART III SELF-EMPLOYMENT 13. George J. Borjas (1986), ‘The Self-Employment Experience of Immigrants’ 14. Andrew M. Yuengert (1995), ‘Testing Hypotheses of Immigrant Self-Employment’ 15. Robert W. Fairlie and Bruce D. Meyer (1996), ‘Ethnic and Racial Self-Employment Differences and Possible Explanations’ PART IV WELFARE BENEFITS 16. Francine D. Blau (1984), ‘The Use of Transfer Payments by Immigrants’ 17. Julian L. Simon (1984), ‘Immigrants, Taxes, and Welfare in the United States’ 18. George J. Borjas and Stephen J. Trejo (1991), ‘Immigrant Participation in the Welfare System’ 19. Michael Baker and Dwayne Benjamin (1995), ‘The Receipt of Transfer Payments by Immigrants to Canada’ 20. George J. Borjas and Lynette Hilton (1996), ‘Immigration and the Welfare State: Immigrant Participation in Means-tested Entitlement Programs’ PART V INTERGENERATIONAL ISSUES 21. Barry R. Chiswick (1977), ‘Sons of Immigrants: Are They at an Earnings Disadvantage?’ 22. George J. Borjas (1993), ‘The Intergenerational Mobility of Immigrants’ 23. Ira N. Gang and Klaus F. Zimmermann (2000), ‘Is Child Like Parent? Educational Attainment and Ethnic Origin’ Name Index Volume IV: Migration and the Natives Acknowledgements An introduction by the editors to all four volumes appears in Volume I PART I THE EFFECT OF IMMIGRANTS ON NATIVES: THEORY 1. Melvin W. Reder (1963), ‘The Economic Consequences of Increased Immigration’ 2. R. Albert Berry and Ronald Soligo (1969), ‘Some Welfare Aspects of International Migration’ 3. Carlos Alfredo Rodriguez (1975), ‘On the Welfare Aspects of International Migration’ 4. Dan Usher (1977), ‘Public Property and the Effects of Migration upon Other Residents of the Migrants’ Countries of Origin and Destination’ 5. George E. Johnson (1980), ‘The Labor Market Effects of Immigration’ 6. Wilfried J. Ethier (1985), ‘International Trade and Labor Migration’ 7. Christoph M. Schmidt, Anette Stilz and Klaus F. Zimmermann (1994), ‘Mass Migration, Unions, and Government Intervention’ 8. George J. Borjas (1995), ‘The Economic Benefits from Immigration’ 9. Thomas Bauer and Klaus F. Zimmermann (1997), ‘Integrating the East: The Labor Market Effects of Immigration’ PART II LABOR MARKET IMPACT OF IMMIGRATION: EVIDENCE FROM NORTH AMERICA 10. Jean Baldwin Grossmann (1982), ‘The Substitutability of Natives and Immigrants in Production’ 11. David Card (1990), ‘The Impact of the Mariel Boatlift on the Miami Labor Market’ 12. Joseph G. Altonji and David Card (1991), ‘The Effects of Immigration on the Labor Market Outcomes of Less-skilled Natives’ 13. George J. Borjas, Richard B. Freeman and Lawrence F. Katz (1997), ‘How Much Do Immigration and Trade Affect Labor Market Outcomes?’ PART III LABOR MARKET IMPACT OF IMMIGRATION: EVIDENCE FROM EUROPE AND AUSTRALASIA 14. Jennifer Hunt (1992), ‘The Impact of the 1962 Repatriates from Algeria on the French Labor Market’ 15. Rainer Winkelmann and Klaus F. Zimmermann (1993), ‘Ageing, Migration and Labour Mobility’ 16. Ira N. Gang and Francisco L. Rivera-Batiz (1994), ‘Labor Market Effects of Immigration in the United States and Europe: Substitution vs. Complementarity’ 17. John P. De New and Klaus F. Zimmermann (1994), ‘Native Wage Impacts of Foreign Labor: A Random Effects Panel Analysis’ 18. William J. Carrington and Pedro J.F. de Lima (1996), ‘The Impact of 1970s Repatriates from Africa on the Portuguese Labor Market’ 19. Rudolf Winter-Ebmer and Josef Zweimüller (1996), ‘Immigration and the Earnings of Young Native Workers’ 20. Jörn-Steffen Pischke and Johannes Velling (1997), ‘Employment Effects of Immigration to Germany: An Analysis Based on Local Labor Markets’ 21. Rudolf Winter-Ebmer and Josef Zweimüller (1999), ‘Do Immigrants Displace Young Native Workers: The Austrian Experience’ 22. Jordan Shan, Alan Morris and Fiona Sun (1999), ‘Immigration and Unemployment: New Evidence from Australia and New Zealand’ PART IV MIGRANTS AND MOBILITY OF THE NATIVES 23. Kristin F. Butcher and David Card (1991), ‘Immigration and Wages: Evidence from the 1980’s’ 24. William H. Frey (1995), ‘Immigration and Internal Migration "Flight" from US Metropolitan Areas: Toward a New Demographic Balkanisation’ 25. Richard A. Wright, Mark Ellis and Michael Reibel (1997), ‘The Linkage between Immigration and Internal Migration in Large Metropolitan Areas in the United States’ 26. Michael J. White and Zai Liang (1998), ‘The Effect of Immigration on the Internal Migration of the Native-born Population, 1981–1990’ Name Index

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Book SynopsisFull Employment and Growth presents James Tobin's unique modern Keynesian slant on the major monetary, fiscal and international policy issues of the 1990s.More than twenty recent essays collected together in this volume address the major contemporary issues of macroeconomic policy, especially in America. Usually dissenting from the orthodoxies of the day, both liberal and conservative, Professor Tobin offers a common sense, unhysterical view of public deficits and debt, speaks for pragmatic monetary policies, argues against protectionism and favours slowing down the speculative movement of funds between currencies. The author also presents his own suggestions for reform of social security and health care.Again and again, Professor Tobin warns against blind faith that the markets will always produce optimal results. All those interested in the application of economic analysis and argument to the salient policy issues of our time will find these essays eminently readable and will appreciate the clear ways in which the power of economic analysis is explained and used.Trade Review'The essays are permeated with that upsurge of optimism and spirit. Long may Jim Tobin continue to instruct and inspire us.' -- G.C. Harcourt, The Manchester School'The style is lucid and very readable and all mathematical formalization is left out. An impressive and important book, it is highly recommended to all.'– Tareen Hussain, The Economic JournalTable of ContentsContents: Acknowledgements Part I: Macroeconomic Policy Part II: Monetary Policy Part III: Fiscal Policy Part IV: International Economic Relations Part V: Social Policy Index

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Book SynopsisInsufficient job creation and the decreasing quality of jobs are fundamental social problems throughout the industrialized world. This impressive book uses a multidisciplinary approach to provide an accessible and wide-ranging assessment of the effect of changes in labour market institutions on the creation of jobs.This book brings together a distinguished group of contributors from the fields of economics, management and industrial relations. The authors rigorously examine how labour market institutions shape employment performance and assess issues such as unemployment benefits, job security provisions and collective bargaining. These institutions are found to be key determinants of unemployment rates and other important social and economic indicators such as activity rates, and the share of part-time and short-term contract jobs. The authors also focus on public policy and the reform of current institutions and assess their effect on the adaptation of the labour force to the changing demands of international markets. In particular, several chapters analyse the impact of information technologies on the organization of firms and their internal and external labour markets. Regulatory changes are proposed to facilitate the adjustment and competitiveness of both companies and workers in order to increase the creation of jobs.Job Creation will be required reading for scholars of labour economics, labour markets and public policy as well as practitioners and policymakers.Trade Review'Summarising, the book contributes a number of valuable insights and, as a whole, conveys an important message.' -- Wiemer Salverda, International Journal of Manpower'. . . the book is an asset for all researchers and policymakers concerned with labour market problems and contributes to a broader reflection on the need for congruency in labour market requirements and in institutional frameworks.' -- Peter Auer, International Labour Review'This book is a welcome addition to the analysis of the current state of European labour markets and a particularly useful one since it does attempt to offer constructive policy prescriptions to the different facets of the problem.' -- Claudio Lucifora, The Economic JournalTable of ContentsContents: Preface 1. The Employment Debate 2. Employment Dynamics and Labor Market Institutions 3. The Organizational Revolution and its Implications for Job Creation 4. The Shifting Structure of the American Labor Market 5. External and Internal Labor Markets in Spain 6. Labor Market Regulations, Social Policy and Job Creation 7. Multinationals, ‘Relocation’, and Employment in Europe

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Book SynopsisThe rapid rise in the earnings of top executives is a distinctive feature of modern capitalism. This important two volume collection presents some of the most influential published theoretical and empirical papers on executive compensation. Topics include: Theoretical Foundations of Executive Pay; Executive Compensation and Company Performance; Relative Performance Evaluation; Determinants of Executive Compensation; The Effects of CEO Pay; Accounting Measures in Executive Contracts; CEO Turnover; CEO Pay Internationally; Economic Environments and Executive Pay.The Economics of Executive Compensation draws together a wide range of literature and will be an essential reference guide for students, researchers and practioners.Table of ContentsContents: Volume I: Introduction Part I: Theoretical Foundations of Executive Pay 1. Michael C. Jensen and William H. Meckling (1976), ‘Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure’ 2. Bengt Holmstrom (1979), ‘Moral Hazard and Observability’ 3. Eugene F. Fama (1980), ‘Agency Problems and the Theory of the Firm’ 4. Edward P. Lazear and Sherwin Rosen (1981), ‘Rank-Order Tournaments as Optimum Labor Contracts’ 5. Bengt Holmstrom (1982), ‘Moral Hazard in Teams’ 6. Sherwin Rosen (1982), ‘Authority, Control, and the Distribution of Earnings’ 7. Sanford J. Grossman and Oliver D. Hart (1983), ‘An Analysis of the Principal-Agent Problem’ Part II: Executive Compensation and Company Performance 8. Wilbur G. Lewellen and Blaine Huntsman (1970), ‘Managerial Pay and Corporate Performance’ 9. Kevin J. Murphy (1985), ‘Corporate Performance and Managerial Remuneration: An Empirical Analysis’ 10. Anne T. Coughlan and Ronald M. Schmidt (1985), ‘Executive Compensation, Management Turnover, and Firm Performance: An Empirical Investigation’ 11. Michael C. Jensen and Kevin J. Murphy (1990), ‘Performance Pay and Top-Management Incentives’ 12. Sherwin Rosen (1992), ‘Contracts and the Market for Executives’ 13. Joseph G. Haubrich (1994), ‘Risk Aversion, Performance Pay, and the Principal-Agent Problem’ Part III: Relative Performance Evaluation 14. Rick Antle and Abbie Smith (1986), ‘An Empirical Investigation of the Relative Performance Evaluation of Corporate Executives’ 15. Robert Gibbons and Kevin J. Murphy (1990), ‘Relative Performance Evaluation for Chief Executive Officers’ Part IV: Determinants of Executive Compensation 16. Kevin J. Murphy (1986), ‘Incentives, Learning, and Compensation: A Theoretical and Empirical Investigation of Managerial Labor Contracts’ 17. Wilbur Lewellen, Claudio Loderer and Kenneth Martin (1987), ‘Executive Compensation and Executive Incentive Problems: An Empirical Analysis’ 18. Charles A. O’Reilly III, Brian G. Main and Graef S. Crystal (1988), ‘CEO Compensation as Tournament and Social Comparison: A Tale of Two Theories’ 19. Jonathan S. Leonard (1990), ‘Executive Pay and Firm Performance’ 20. Richard A. Lambert, David F. Larcker and Robert E. Verrecchia (1991), ‘Portfolio Considerations in Valuing Executive Compensation’ 21. Robert Gibbons and Kevin J. Murphy (1992), ‘Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence’ 22. David Yermack (1995), ‘Do Corporations Award CEO Stock Options Effectively?’ Name Index Volume II: Part I: The Effects of CEO Pay 1. Robert Tempest Masson (1971), ‘Executive Motivations, Earnings, and Consequent Equity Performance’ 2. James A. Brickley, Sanjai Bhagat and Ronald C. Lease (1985), ‘The Impact of Long-Range Managerial Compensation Plans on Shareholder Wealth’ 3. Hassan Tehranian and James F. Waegelein (1985), ‘Market Reaction to Short-Term Executive Compensation Plan Adoption’ 4. Anup Agrawal and Gershon N. Mandelker (1987), ‘Managerial Incentives and Corporate Investment and Financing Decisions’ 5. John M. Abowd (1990), ‘Does Performance-Based Managerial Compensation Affect Corporate Performance?’ 6. Patricia M. Dechow and Richard G. Sloan (1991), ‘Executive Incentives and the Horizon Problem: An Empirical Investigation’ 7. Keith C. Brown, W.V. Harlow and Laura T. Starks (1996), ‘Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry’ Part II: Accounting Measures in Executive Contracts 8. Paul M Healy (1985), ‘The Effect of Bonus Schemes on Accounting Decisions’ 9. Robert M. Bushman and Raffi J. Indjejikian (1993), ‘Accounting Income, Stock Price, and Managerial Compensation’ 10. Richard G. Sloan (1993), ‘Accounting Earnings and Top Executive Compensation’ 11. Jennifer J. Gaver, Kenneth M. Gaver and Jeffrey R. Austin (1995), ‘Additional Evidence on Bonus Plans and Income Management’ 12. Robert W. Holthausen, David F. Larcker and Richard G. Sloan (1995), ‘Annual Bonus Schemes and the Manipulation of Earnings’ Part III: CEO Turnover 13. Jerold B. Warner, Ross L. Watts and Karen H. Wruck (1988), ‘Stock Prices and Top Management Changes’ 14. Michael S. Weisbach (1988), ‘Outside Directors and CEO Turnover’ 15. Kevin J. Murphy and Jerold L. Zimmerman (1993), ‘Financial Performance Surrounding CEO Turnover’ Part IV: CEO Pay Internationally 16. Steven N. Kaplan (1994), ‘Top Executive Rewards and Firm Performance: A Comparison of Japan and the United States’ 17. Steven N. Kaplan (1994), ‘Top Executives, Turnover, and Firm Performance in Germany’ 18. Martin Conyon, Paul Gregg and Stephen Machin (1995), ‘Taking Care of Business: Executive Compensation in the United Kingdom’ 19. John M. Abowd and Michael L. Bognanno (1995), ‘International Differences in Executive and Managerial Compensation’ Part V: Economic Environments and Executive Pay 20. Clifford W. Smith, Jr. and Ross L. Watts (1992), ‘The Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies’ 21. Stuart C. Gilson and Michael R. Vetsuypens (1993), ‘CEO Compensation in Financially Distressed Firms: An Empirical Analysis’ 22. R. Glenn Hubbard and Darius Palia (1995), ‘Executive Pay and Performance: Evidence from the U.S. Banking Industry’ 23. Paul L. Joskow, Nancy L. Rose and Catherine D. Wolfram (1996), ‘Political Constraints on Executive Compensation: Evidence From the Electric Utility Industry’ Name Index

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Book SynopsisThis comprehensive and authoritative book offers a global approach to the modern economics of the family, family law and family policy. Beginning with the division of labour in the family, this book deals with the economics of marriage, the demand for children, inter-generational relationships, and the economics of inheritance. The family is analysed using the theory of utility maximisation assuming that individuals wish to achieve the greatest possible satisfaction with limited resources and imperfect knowledge. The family is examined from both long and short term perspectives, and it is assumed that the family is cooperative with incentives for altruistic behaviour greater than in any other social group. Francisco Cabrillo then develops the analysis to include a discussion of the economics of family policy, an area not widely discussed in the existing literature, with special reference to the European Union. He makes use of simple and clear analytical models, such as neoclassical optimization and game theory, to explain the rationality of individual behaviour in the family and the responses to the incentives created by public policies.The Economics of the Family and Family Policy will be essential reading for economists interested in the family, public policy as well as sociologists and policymakers.Trade Review'Francisco Cabrillo's book is a masterful and much needed overview of the economics of the family, one of the "heterodox" subjects in which economists have in the last decades proved the fruitfulness of their analytic apparatus. Written with the general reader in view, both economists and non-economists will enjoy this book. It covers not only a wide scope from the theoretical point of view but also looks at the policies directed towards the family. Economic analysis can be very helpful in the task of finding out whether policy makers in this field have been right or, alas, wrong.' -- Carlos RodrIguez Braun, University Complutense, Madrid, Spain'[This book] should be of value for the structure of family relations in the western world today and in the past or those of traditional African or Asian society without having to alter its premises. . .' -- Fernando GOmez, Libros'Francisco Cabrillo has written an excellent book that will be of great value for anyone interested in the basic ideas that have developed over recent decades on the economics of the family. Professor Cabrillo has a virtue that is rare amongst economists: the skill to write lucidly for laymen on important social and economic matters without sacrificing the sophistication and subtlety of his economic analysis.'Table of ContentsContents: Preface 1. Economists and the Family 2. The Family as an Economic Unit 3. Marriage(I) 4. Marriage (II) 5. Children 6. The Intergenerational Pact 7. Inheritance 8. Family Protection and Pro-Natalist Policies 9. The Economic Foundations and Effects of a Policy for the Family 10. Technical Problems involved in an Economic Policy for Family Protection Index

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Book SynopsisThe Russian labour market has been hailed by some economists as being 'perfectly flexible' because Russia has achieved enormous employment restructuring with minimal unemployment, and by others as plagued by rigidities since pay structures have been frozen, inequality has increased and job creation has been negligible. Such disagreements reflect both the lack of serious research on the formation of a labour market in Russia and the lack of theoretical agreement as to what constitutes a labour market.Simon Clarke addresses these empirical and theoretical issues on the basis of statistical survey and case study data collected within the framework of a large-scale collaborative research programme on the restructuring of labour and employment in Russia. The book reviews the historical context, the statistical data and the theoretical issues before proceeding to a detailed analysis of the development of the labour market in the interaction of the labour market strategies of employers and employees.The Formation of a Labour Market in Russia will be of interest to scholars of transition studies and labour economics, industrial relations specialists and sociologists of labour.Trade Review'Rich in documentation and precise in analysis. . . this volume will. . . engage the labour specialist and inform the interested Russian generalist as well.' -- Walter D. Connor, Slavic ReviewTable of ContentsContents: 1. The Formation of a Labour Market in Russia? 2. The Russian Labour Market 3. Management Employment Strategy 4. The Motivation of Workers and the Russian Labour Market 5. Labour Market Behaviour: How do People Get Their Jobs? 6. Appendix: Sources of Data on Income and Employment References Index

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Book SynopsisThe last two decades have seen a reshaping of the international economy together with a radical weakening in the conditions of the working class. New productive techniques and methods in the organization of labour have been implemented on a world-wide scale partly as a consequence of the financialization of capital. The geographical diffusion of market relations has continued and with it the dominance of capital in all realms of social reproduction. In charting this change, the book offers an alternative view of contemporary capitalism.It has been suggested that we are entering a new phase where the 'globalization' of economic activities is fully achieved, where 'post-Fordist' regulation has overcome the crisis of Keynesian capitalism, and where the dominant tendency is towards the 'end of work'. In contrast to this view, the authors of this book argue that current internationalization is not a structure, but a contradictory process and that new patterns in the division of labour while successful in increasing the pressure over workers have not been able to supersede Fordism entirely. They conclude that the slow growth of the economies, caused by neoliberal economic policies, is a crucial factor in explaining unemployment and the fragmentation of labour.Trade Review'This book swims against the current of orthodox assertions and offers a realistic theoretical analysis that supports labor's emancipation.' -- Stavros D. Mavroudeas, Review of Political EconomyTable of ContentsContents: Introduction 1. After Fordism, What? Capitalism at the End of the Century 2. Structural Unemployment in the Crisis of the Late Twentieth Century 3. Which Europe Do We Need Now? Which can we get? 4. Britain under ‘New Labour’ 5. The Euro and Europe’s Labour 6. The Accumulation Process in Japan and East Asia as Compared with the Role of Germany in European Post-war Growth 7. Historical Notes on the Rise and Fall of Fordism and Flexible Accumulation in the United States 8. Lean Production in North America 9. Management-by-Stress and Skilled Work 10. Is Technical Change the Cause of Unemployment? 11. Intensive and Extensive Investment, Employment and Working Time in the European Union 12. The Transformation of the Italian Labour Market 13. Changing Patterns in the Division of Labour and in the Segmentation of the Labour Force Index

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Book SynopsisIs it possible for low-paid workers to obtain higher-paid jobs through upward mobility over time within the earnings distribution? Based on new empirical evidence from a number of European countries, the book focuses on earnings mobility, an issue that is of increasing concern to policymakers and governments throughout the world.The widening earnings dispersion which is developing in European labour markets has had the inevitable consequence of worsening the position of the poorer members of society. This book identifies those individual characteristics which affect upward mobility either by increasing or decreasing the probability of individual workers improving their chances of earning higher wages. The authors, including some of the leading labour economists in Europe, offer a comprehensive European perspective covering a total of thirteen countries. They shed new light on the way in which labour market incentives and institutions affect both the incidence and duration of low-paid employment.This book will be of interest to both academics with an interest in labour economics and policy makers throughout Europe.Trade Review'For those interested in how people move through life and how where you are now relates to people's histories, and especially for those interested in inequality, this book and report are very useful, indeed powerful.' -- Paul Gregg, Work, Employment and Society'. . . an important strength of this collection is the diversity of the approaches it presents, which makes it more than the sum of its individual contributions . . . The studies in this volume advance the research agenda, and all of them deserve careful reading and thought.' -- Lori G. Kletzer, Industrial and Labor Relations ReviewTable of ContentsContents: Foreword Introduction: Low Pay and Earnings Mobility 1. Methodological and Econometric Issues in the Measurement of Low Pay and Earnings Mobility Part I: Low-Paid Employment: The Long-Run Horizon 2. Earnings Mobility in the Italian Economy 3. Long-Term Earnings Mobility of Low-Paid Workers in Finland 4. Low-Wage Mobility in a Working-Life Perspective Part II: Low-Paid Employment: The Short-Run Horizon 5. Wage Mobility for Low-Wage Earners in Denmark and Finland 6. An Econometric Analysis of Low Pay and Earnings Mobility in Britain 7. The Earnings Mobility of Low-Paid Workers in Britain Part III: Low-Paid Employment: Some Further Perspectives 8. Low Pay, A Matter of Occupation 9. The Effects of Unemployment on Future Earnings 10. Working Poor? An Analysis of Low-Wage Employment in Italy 11. Wage Growth of Low – and High-Skilled Workers in the Netherlands Part IV: Low-Paid Employment in the OECD Countries: An International Comparison 12. The Incidence and Dynamics of Low-Paid Employment in OECD Countries

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Book SynopsisThe amount of physical matter in the world is fixed and improvements to people's material circumstances are only created by their ability to reconfigure this matter. What distinguishes labour, and subsequently what allows for differing increments of value, are our capabilities, skills and understandings. In addition, the way society synchronises these individual talents and pieces of knowledge is significant.This innovative book sheds new light on the emerging confluence between labour and industrial economics: the view that labour as capital is the dominant factor of production. This factor is commonly embraced under the term intangible capital. This book examines the process by which firms accumulate intangible capital assets using a post-Keynesian perspective. It will be of interest to labour and industrial economists, especially those who favour post-Keynesian and Kaleckian economic thought.Trade Review'I had the privilege and pleasure of supervising the Ph.D. dissertation from which the present book originated. Its author, Beth Webster, was independent, critical in a positive way and original. She acquired a most thorough knowledge and mastery of the relevant literature. She recognized early on the growing importance, both qualitatively and quantitatively, of investment in intangible assets in modern economic processes. She set about developing an appropriate framework, drawing on Kalecki's insights in particular, within which to analyse the issues involved. The outcome is the present book - which is original, relevant, comprehensive and a pleasure to read.' -- G.C. Harcourt, University of New South Wales, AustraliaTable of ContentsContents: 1. Introduction 2. Historic Conception of Investment and Capital 3. Contemporary Conception of Investment 4. Uncertainty and Risk 5. Competition 6. Empirical Evidence 7. The Firm’s Investment Decision 8. Integration into Macrodynamics 9. Concluding Remarks References Index

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Book SynopsisEconomic Welfare presents an important collection of leading writings in the fields of policy evaluation. The volume focuses on the conceptual issues behind welfare economics, drawing upon contributions from economics, moral philosophy and social philosophy. The selected readings are designed to present the case both for and against extant approaches to economic welfare.Modern welfare economics comprises three contrasting approaches. Pure Paretianism focuses on cases where everyone is made better off or worse off. This approach commands broad (although not universal) assent but does not apply to most real world choices. Cost-benefit analysis does most of the practical work for economic policy evaluation, but does not offer fully sound foundations. Newer approaches treat economic welfare as either cardinal or measurable in nature, often dropping the traditional strictures against interpersonal utility comparisons. This collection brings together these three approaches, examines their strengths and weaknesses and asks whether they share a common future.Economic Welfare will provide an indispensable reference source for students, academics and practitioners.Trade Review'The articles are well chosen to cover all aspects of the subject in each case.' -- Aslib Book GuideTable of ContentsContents: Acknowledgements • Introduction Part I: Foundations 1. Hal R. Varian (1984), ‘General Equilibrium Theory and Welfare Economics’ 2. Arnold C. Harberger (1971), ‘Three Basic Postulates for Applied Welfare Economics: An Interpretive Essay’ 3. Amartya Sen (1979), ‘Personal Utilities and Public Judgements: Or What’s Wrong With Welfare Economics?’ 4. Tyler Cowen (1993), ‘The Scope and Limits of Preference Sovereignty’ 5. Steven Kelman (1981), ‘Cost–Benefit Analysis: An Ethical Critique’ 6. Robert Cooter and Peter Rappoport (1984), ‘Were the Ordinalists Wrong About Welfare Economics?’ 7. Amartya Sen (1984), ‘The Living Standard’ 8. Tyler Cowen (1991), ‘What a Non-Paretian Welfare Economics Would Have to Look Like’ Part II: Cost–Benefit Analysis 9. Robert D. Willig (1976), ‘Consumer’s Surplus Without Apology’ 10. John S. Chipman and James C. Moore (1978), ‘The New Welfare Economics 1939–1974’ 11. Richard G. Lipsey and Kelvin Lancaster (1997), ‘The General Theory of Second Best’ 12. Robert C. Lind (1982), ‘A Primer on the Major Issues Relating to the Discount Rate for Evaluating National Energy Projects’ 13. Martin J. Bailey and Michael C. Jensen (1972), ‘Risk and the Discount Rate for Public Investment’ 14. Daniel A. Graham (1981), ‘Cost–Benefit Analysis under Uncertainty’ 15. T.C. Schelling (1968), ‘The Life You Save May Be Your Own’ 16. Richard A. Posner (1981), ‘The Ethical and Political Basis of Wealth Maximization’ 17. Ronald M. Dworkin (1980), ‘Is Wealth a Value?’ 18. Arnold C. Harberger (1978), ‘On the Use of Distributional Weights in Social Cost–Benefit Analysis’ Part III: Social Choice and Utilitarianism 19. Allan M. Feldman (1974), ‘A Very Unsubtle Version of Arrow’s Impossibility Theorem’ 20. Kenneth J. Arrow (1984), ‘A Difficulty in the Concept of Social Welfare’ 21. John Rawls (1972), excerpt from ‘Justice as Fairness’ 22. John C. Harsanyi (1955), ‘Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility’ 23. Amartya Sen (1970), ‘The Impossibility of a Paretian Liberal’ 24. Robert Nozick (1974/1995), ‘How Liberty Upsets Patterns’ and ‘Sen’s Argument’ 25. Robert Sugden (1978), ‘Social Choice and Individual Liberty’ and ‘Discussion’ 26. Derek Parfit (1986), ‘Overpopulation and the Quality of Life’ Name Index

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Book SynopsisThis innovative book assesses the impact of labour standards on the competitiveness of firms through a comparison of developing and industrialized countries.The lack of a strict code of labour standards in developing countries is thought to result in unfair competition, which industrialized countries have used to justify protectionist policies. Developing countries are seen to oppose the adoption of labour standards, believing that such measures are likely to jeopardize their competitiveness in world markets. This book analyses both of these positions within the context of the current political debate on the subject. The authors investigate the reasons for implementing labour standards, and measure their impact upon firm competitiveness using a variety of empirical tests and statistics from approximately 165 countries. They conclude that labour standards do not have a significant impact on the competitiveness of firms or economies as a whole. From their evidence the authors offer policy advice including the decentralization of decision making for implementing labour standards, and the adoption throughout the world of core labour standards.Labour Standards and International Competitiveness will be welcomed by academics interested in international economics, development economics and labour economics, as well as by policymakers and practitioners working in international organizations.Table of ContentsContents: Introduction 1. A Political Issue: Two Opposing Views 2. The Economic Analysis 3. The Strength of the Evidence 4. Conclusion Appendices Bibliography

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Book SynopsisThe economic performance of many countries has deteriorated significantly during the last decade. The 1990s witnessed a global recession, the Mexican currency crisis and later, the Asian and Russian crises. The objective of full employment and price stability appears to be an illusory goal for many of the economies of the emerging global market system. This book offers new policy prescriptions from the post Keynesian perspective to achieve full employment without inflation. Paul Davidson and Jan Kregel - both world renowned economists - have selected papers that rigorously examine real world issues including: the challenge of attaining external balance with internal growth and employment speculation and volatile financial markets in the quest to achieve full employment without inflation the role of money in combating unemployment the role of institutions in stabilizing economies the advantages and disadvantages of the Euro and its implications in the world economy Keynes's plan to reform the international payments system in the post war era The book will be welcomed by economists, especially those interested in international economics, by politicians, policymakers and by all those concerned with global employment and inflation issues.Table of ContentsContents: Preface 1. Keynes’s ‘New Order’ 2. Economic Integration, the EMU and European Regional Growth 3. Prospects for the Single European Currency and Some Proposals for a New Maastricht 4. External Balances, Internal Growth and Employment 5. Thoughts on Speculation and Open Markets 6. Financial Market Behavior 7. On Banks’ Liquidity Preference 8. Financial Globalization and Housing Policy 9. A General Framework for the Analysis of Currencies and Commodities 10. Price Stability and Full Employment as Complements in a New Europe 11. Competition and Employment 12. Another Look at Wage and Price Flexibility as the Solution to Unemployment 13. Employment Policies in an Open Semi-industrialized Economy 14. Thwarting Systems and Institutional Dynamics Index

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Book SynopsisThe contemporary context of unemployment and its political ramifications have made working time a highly topical and sensitive issue, not merely in the EU, but also in other areas of the global labor market. This illuminating book reviews the traditional doctrines concerning working time that are influencing political and intellectual attitudes. The authors illustrate how tools of microeconomic analysis must be modified to explain better the terms of contemporary labor contracts. They introduce powerful concepts such as a generalized production function, cost structure, compensating wage and trade union negotiation, to highlight the scope for political intervention on working time. Emphasis is placed on the analysis of legal time reductions as an employment policy. Taking into consideration new research and renewed political debate, this is an exhaustive text grounded in historical perspective and contemporary facts. By focusing on working time as a central issue of modern societies, this important book will be an invaluable text for scholars as well as decision-makers in the areas of industrial and labor economics.Trade Review'. . . an excellent monograph on an important topic in labor market economics. It is comprehensive, detailed and, whilst primarily theoretical, it has enough empirics, historical background and policy to give it wide appeal. The authors display considerable authority in their treatment of the topics.' -- Robert Hart, University of Stirling, UKTable of ContentsContents: Foreword 1. Brief History of Working Time Theory 2. Basic Facts 3. Working Time Policy: An Overview 4. The Standard Neoclassical View of the Labor Market 5. Working Time, Production and Cost Functions 6. Working Time in a Cost Minimization Problem 7. Cost Minimization, Heterogeneous Workers and Asymmetric Information 8. Premium Pay for Overtime 9. Working Time in a Profit Maximization Framework 10. Working Time in a Trade Union Model 11. Complementary Labor Services and Working Time Regulation 12. Working Time Reduction in a Vertically Integrated Two-Sector Model 13. Working Hours and Unemployment in a Matching Model 14. Deregulation of Overtime Premium and Employment Dynamics References Index

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Book SynopsisThis book takes a comparative approach to economic history to offer ways to increase our understanding of the divergence between South America and Scandinavia. In particular, the book aims to deepen our understanding of why the two groups of countries have set out on radically different pathways with regard to industrialisation, long-term economic growth and income distribution. The book draws together the results of two separate projects focusing on this comparison. The first of these projects focuses on two of the so-called settler societies of South America, namely Uruguay and Argentina, sometimes called the Pampas region. Australia and New Zealand, two other settler societies, are also considered, adding a further contrasting effect. These settler societies are compared with Scandinavia, in its broad terms, including Sweden, Denmark, Norway and Finland. The second of these projects focuses on comparisons between Brazil and Sweden. Together, the two projects have engaged the minds of economic historians from Brazil, Uruguay and Sweden. This book will be of interest to researchers and students in economic history and economic development more broadly.Table of Contents1. Introduction; Jorge Alvarez and Svante Prado.- Part 1. Latin America and Scandinavia.- 2. Latin American and Nordic countries: a renewed tradition of comparative studies; Jorge Álvarez, Luis Bértola and Jan Bohlin.- Part 2: Trade, industrialisation and growth.- 3. Foreign trade and economic growth in Scandinavia, Australasia and the Rio de la Plata region, 1870–1970; Jorge Álvarez, Luis Bértola and Jan Bohlin.- 4. Structural change, industrial growth and economic development in the Nordic and Southern Settler Societies, 1870–1970; Jorge Álvarez, Luis Bértola and Jan Bohlin.- 5. Long-term comparative levels of labour productivity in manufacturing, c. 1890–2010; Cecilia Lara and Svante Prado.- Part 3: Dimensions of inequality.- 6. Wage differentials, 1920–2010; Svante Prado, Thales Pereira and Jakob Molinder.- 7. Land-ownership systems and agrarian income distribution in Denmark, New Zealand and Uruguay during the First Globalisation Era; Jorge Álvarez and María de las Mercedes Menéndez.- 8. Democratisation and the rise of the welfare state; Erik Bengtsson and Marc Morgan.- 9. The role of education in modernisation drives in Brazil and in Sweden; Thomas Kang and Anders Nilsson.

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Book SynopsisThrough an inter-subjective lens, this open access book investigates the initial labour market integration experiences of these migrants, refugees or asylum seekers, who are characterised by different biographies and migration/asylum trajectories. The book gives voice to the migrants and seeks to highlight their own experiences and understandings of the labour market integration process, in the first years of immigration. It adopts a critical, qualitative perspective but does not remain ethnographic. The book rather refers the migrants’ own voice and experience to their own expert knowledge of the policy and socio-economic context that is navigated. Each chapter brings into dialogue the migrant’s intersubjective experiences with the relevant policies and practices, as well as with the relevant stakeholders, whether local government, national services, civil society or migrant organisations. The book concludes with relevant critical insights as to how labour market integration is lived on the ground and on what migrants ‘do’ with labour market policies rather than on what labour market policies ‘do’ to or for migrants.Trade Review“Immigrant and Asylum Seekers Labour Market Integration upon Arrival: NowHereLand is a must read book that allows a prismatic point of view onto the lives of migrants, their bodies, trajectories, and personal journeys … .” (Angela Cacciarru, EuropeNow, europenowjournal.org, February, 2023)Table of Contents

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Book SynopsisAs the world emerges from the COVID-19 pandemic, this book explores current migration and integration challenges. Against the background of long-term migration trends, it asks whether the pandemic has changed the patterns observed, transformed the circumstances international migrants face at destination or whether the opportunities and challenges for integration have been altered. Twenty-four researchers have contributed to this volume with research attention on how COVID-19 has affected transnationalism and identity, labour market employment, and impacted the discrimination of migrants in a variety of ways. Loyalties and tensions created by the need to include also hesitant migrant groups in vaccination programmes are explored. The role of cosmopolitanism and welfare chauvinism in narratives on inward migrations flows, the stance of trade unions on migration, the complexities of implementing return policies, and the challenges faced by unaccompanied refugee youth from Afghanistan are also discussed.Table of ContentsIntroduction to Migration and Integration in a Post-pandemic World.The Shape of Things to Come: International Migration in the 21st X Century.New Perspectives on Migrant Transnationalism in the Pandemic Era.Cosmopolitanism and Welfare Chauvinism in Sweden.Binds and Bridges to Protection in Crisis: The Case of Unaccompanied Refugee Youth from Afghanistan in Sweden.The Tricky Thing of Implementing Migration Policies: Insights from Return Policies in Sweden.Migration, Trade Unions and the Re-making of Social Inclusion: The Case of Territorial Union Engagement in France, Italy and Spain.Swedish Trade Unions and Migration: Challenges and Responses.Unemployed Marginalised Immigrant Women: Work Integrating Social Enterprises as a Possible Solution.Skill Requirements and Employment of Immigrants in Swedish Hospitality.Ethnic Discrimination During the Covid-19 Pandemic.Model Minority and Honorary White? Structural and Individual Accounts on Being Asian in Sweden.Loyalty and Integration among Young Adults with Minority Backgrounds in Norway.Immigrant Integration and Vaccine Hesitancy among Somali Immigrants in Stockholm.Conclusion to Migration and Integration in a Post-pandemic World.

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Book SynopsisThis book explores how education influences economic and social development. With a particular focus on the role of higher education and universities, policies that promote education are analysed to highlight how economic development can be encouraged (and hindered) through policymaking. Comparative trends within Europe and Romania are examined to provide insight into the different ways in which education has evolved across the continent. The relationship between levels of education and employability, personal development, and professional development is also discussed.This book aims to examine how education policies can maximise economic growth and social development. It will be relevant to students and researchers interested in economic development and education economics.Table of Contents1. Introduction – The Temporal Dynamics of Education.PART I. The Emergence of Education and Its Economic Dimension.2. Education: Conceptual and Methodological Approaches.3.Theories and Models on the Relationship Between Education and Economic Development.4. Economic Scale of Education.5. Higher Education for the Social and Economic Development.Part II. Practice Beats Theory.6. Case Studies of Best Practices in Higher Education.7. Empirical Analysis of the Relationship Between Higher Education and Economic Development.Part III. Understanding the Numbers and Narratives. Good and Bad News.8. Trends and Evolutions of Higher Education Related to the European Integration and Membership.9. Systems of Benchmarking Indicator Characterizing Modern Economy.10. The Relationships GCI-ELLI-HCI.11. The 2020 Strategy.12. Quantification of the Impact Level of Education on the Economic Development of Nations.Part IV. Detached From Contemporary Reality.13. Empirical Research on the Gap between Level of Education and Employability Based on Work Satisfaction.14. Conclusions Regarding the Social and Economic Dimension of Education.

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