Labour / income economics Books

Book SynopsisAccording to conventional wisdom, public ownership of industry in post-war Britain led, invariably, to under-performance. This book casts doubt upon this view by showing that, as far as the labour productivity record of the expanding state-owned industries is concerned, this was clearly not the case.The book compares the 1954-79 labour productivity record of 5 expanding public sector industries to that of 24 expanding, capital intensive, mass-production industries in the British private sector. The author shows that the public sector industries' labour productivity growth was significantly faster than that of the private sector industries. Strikingly, he also finds that the state-owned industries were narrowing their productivity gap with their US counterparts at a significantly faster rate than the private sector industries. Dr Iordanoglou concludes that it is possible that public ownership had - in the historical period investigated - a long-term positive effect on these industries.This book will be of great interest to scholars of industrial economics, public sector economics and economic history.Trade Review'Iordanoglou has carried out a very significant piece of work. His basic idea of comparing the growth rate of productivity in the public and private sectors over a 25-year period provides a very useful method of approaching the bigger question of the relative efficiency of public enterprise . . . The book deserves wide distribution.' -- John Calvert, Labour / Le Travail'The merits of the work include a critical examination of the conventional wisdom that British nationalised companies 'failed' and the rejection of this standard view; the use of a highly original method, based on historical evidence, to examine the productivity performance of British industries; scrupulous treatment of the industrial statistics and a quite exemplary, path-breaking, approach to international productivity comparisons; a theory of industrial performance which makes full use of the latest theory, while situating industries in their social and political context.' -- John Grahl, University of North London, UKTable of ContentsContents: 1. Introduction 2. Selection of the Sample 3. The Intertemporal Labour Productivity Comparisons 4. US–UK Labour Productivity Comparisons 5. Questions of Interpretation Appendices: A. Selection of the Sample: Technical Background B. Measurement of the Intertemporal Output Indices C. Measurement of the Employment Indices D. International Labour Productivity Comparisons Bibliography Index

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Book SynopsisThis book analyses the impact of European tax and benefit systems on incentives to create and take up jobs. European policymakers face tough choices as reforms to these systems are costly and recognising and understanding the complex trade-offs involved - a pre-condition to pushing the reform process forward - is the aim of this volume.The authors, experts in public and welfare economics, investigate the problems involved in re-designing tax and benefit systems in Europe, the cross-country spillovers of 'bad' domestic policies and the peer pressure from closer policy co-operation in EMU. They examine reforms in tax and welfare systems and suggest ways in which to improve their efficiency without undermining the equitable foundations of the European social model. While aiming at a high degree of generality, the analyses are rooted firmly in the experience of European countries and the conclusions are therefore all the more relevant and of interest to policymakers in Europe, as well as the rest of the world.The blend of theoretical and institutional analysis, policy suggestions and case studies of relevant European success stories will ensure this book appeals to policymakers and scholars of welfare, European and labour studies.Trade Review'This book provides a thorough institutional and theoretical analysis of this specific sector of European policy making, highlighting the key problems involved in reforming European tax and benefit systems as well as suggesting possible ways to improve efficiency. Policymakers and scholars of European welfare and labour market policies will therefore find this book useful.' -- European Access'. . . an interesting blend of theoretical analysis, policy suggestions and case studies of relevant success stories.' -- Aslib Book GuideTable of ContentsContents: 1. Overview Part I: The Issues 2. Redistribution and Labour-supply Incentives Part II: The Facts 3. Effective Taxation, Spending and Employment Performance 4. Net Replacement Rates of the Unemployed: Comparisons of Various Approaches 5. The Retreat of the Welfare System: Myths and Reality – A Broad Comparison of Trends in Social Protection Expenditure across EU Countries Part III: Evaluation Methods 6. Evaluating the Labour Supply Responses to ‘in-work’ Benefit Reforms for Low Income Workers 7. Tax Reform and Labour Supply in Sweden: Were Low and High Skill Individuals Affected Differently? Part IV: General Equilibrium Effects 8. The Dutch Employment Miracle and Fiscal Challenges of the Twenty-first Century 9. Skill-biased Technical Change, Sectoral Heterogeneity and Wage Setting: Unemployment or Wage Inequality Index

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Book SynopsisPreventing Unemployment in Europe is an interdisciplinary volume offering an effective and authoritative contribution to the ongoing debate concerning the utility of preventive labour market policies. Positive labour market performance is discussed from a European perspective and analysed against the background of transferability in an era of increasing globalisation of markets. Concentrating particularly on the role of corporatist and market processes, the book focuses on the effects of preventive unemployment through the comparison of innovative and flexible policy solutions.Some of the fundamental issues the book tackles include the extent to which the conditional framework for preventive labour market policy is undergoing change, the response mechanisms to these changes which characterise national strategies and the learning processes which can be triggered through the exchange of national experiences within the EU. The discussions within the book benefit from both an economic analysis of the subject matter complemented by a broader social science approach.The editors, themselves distinguished scholars in this field, have produced a comprehensive resource which should prove invaluable reading for both policymakers and academics in the fields of labour market theory and policy.Trade Review'Against the background of stubbornly high levels of unemployment in a number of European countries a volume aimed at describing the way in which joblessness is addressed is an interesting and timely exercise. The editors bring together an impressive list of scholars from across Europe which results in a high quality scholarly output that should appeal to both labour market policy experts and the wider social science community.' -- Thomas Lange, The Robert Gordon University, Aberdeen, UKTable of ContentsContents: Part I: Preventive Labour Market Policy in a Changing Environment Part II: National Experience with Preventive Labour Market Policy Strategies Part III: Perspectives with Regard to European Learning Processes Index

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Book SynopsisWhat is the potential of the new information and communication technologies? This book assesses the relationship between technological change and employment in all its dimensions, focusing on contemporary economies in Europe.The authors discuss patterns of growth, and the type of employment that countries might expect to be created following the introduction of these new technologies. Also analysed is the extent to which firms should adjust to more favourable production and distribution patterns. Institutional change is another issue addressed in detail as this encompasses the organisation of working time, systems of education and innovation and the welfare state. The final section of the book addresses the future of European employment not only from the competitive position of Europe in a global economy but also the new societal and demographic contexts that will challenge European economies in the future.Technology and the Future of European Employment ends with an overview of the many policy priorities that European societies will have to address. As such, this book will be of interest to scholars of economics, sociology and politics as well as those involved in European studies, technology and innovation, and labour economics. Civil servants in relevant national departments and organisations will also find the book of interest and value.Table of ContentsContents: Introduction Part I: Long-term Structural Changes Part II: Sectoral Changes and Demand Part III: Changes in Organization and Distribution Part IV: Institutional Change Index

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Book SynopsisAs the world entered the twenty-first century, global skill shortages in many occupations were evident throughout the world. While these were mitigated by a global recession, there is no generally agreed upon method for measuring these shortages. This book discusses various theories for measurement. Using data collected from 19 developed countries in North and Latin America, Europe, and the Pacific region, the authors explore various aspects of skilled labor shortages, develop a methodology of measuring shortages by occupation, and provide estimates of the likelihood of the occurrence of such shortages. They develop labor market indicators which measure the degree of shortage or surplus in different occupations. The study covers as many as 49 occupational groups, although the number varies by country. The indicators are compared to anecdotal reports about shortages in the countries studied as well as correlated with various economic, political and institutional indicators. Some occupations such as CEO's, health professionals and computer scientists were common across many countries studied and part of a global shortage. Scholars, government officials, students and corporate and union representatives concerned with employment, labor and training policies and issues will find the data and analysis in this book a valuable addition to their knowledge.Trade Review'Just before sitting down to write these few words, I happened upon this lead-in to a USA Today article (May 14, 2002), 'Nurse anaesthetists in short supply - Hospitals crank up salaries to attract pivotal employees.' And, as many are aware, this particular shortage has been the case for a period of time measured in decades. Why is it that, for some job classes, supply persists in falling short of demand at the going wage for long periods of time, whether or not the aggregate labor market is tight or slack? What characteristics of labor markets explain this phenomenon? What are the observable indicators that identify a particular job class as being seriously in shortage or as heading into such a condition? Do the same indicators manage to identify most shortage categories? Is the shortage phenomenon local, national, or global? How do economic agents, both on the supply and the demand side, cope with such shortages? These are some of the major issues dealt with by Cohen and Zaidi in their concise and highly readable Global Skill Shortages. Economists, business managers, HR professionals, career counsellors, and educators will all enjoy and get the message in this well-written book. Economists in particular, however, will appreciate the way the authors push the analytics of the problem into suggesting the route to empirical indicators.' -- Saul H. Hymans, University of Michigan, US'Skill shortages can be a major bottleneck for economic activity and growth. Constructing accurate measures of skill shortages that could be used by policymakers to target programs to reduce these bottlenecks has proven to be challenging. But in this new volume, Malcolm Cohen and Mahmood Zaidi take on this challenge and present a new indicator of skill shortages by detailed occupations across 19 countries. Their global perspective makes this an especially interesting and useful work for economists and policymakers interested in assessing the global capacity to meet occupational shortages across countries.' -- Lisa M. Lynch, Tufts University, US'As a legacy of the Great Depression, measurement of unemployment - labor surplus - advanced throughout the developed world. Macroeconomists focused on driving down unemployment. The reverse condition, labor shortage, was generally neglected and often unmeasured. In this volume, Cohen and Zaidi ably redress the balance, focusing on the labor shortage phenomenon and its statistical appraisal. Their work will surely stimulate further research into labor shortages, the response of employers and workers to them, and critical issues of labor shortage measurement.' -- Daniel J.B. Mitchell, University of California, Los Angeles, USTable of ContentsContents: 1. Introduction 2. Theoretical Aspects of Skill Shortages 3. Globalization and Skill Shortages 4. Skill Shortage Studies in Selected Countries 5. Shortage Indicators by Occupation and Country 6. Factors Correlated with Shortages 7. Coping with Skill Shortages 8. Concluding Remarks Appendix Index

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Book SynopsisThis comprehensive collection brings together an impressive range of papers on the economics of labor unions. Some of these are classics, and others are less well known - included because they cover significant but under-researched areas, or because they raise interesting questions that as yet remain unanswered. The study of labor unions has long fascinated economists. Over the last quarter of the twentieth century there has been a tremendous evaluation of research in this area. This blossoming occurred with the growth of labor economics as a discipline separate from industrial relations, and with the development of micro data sets and the dissemination of sophisticated new micro-econometric techniques with which to analyse them. These volumes include papers that not only span the most important topics in the economics of labor unions, but also offer a useful overview of the field and its methodology. They will prove invaluable both to researchers and practitioners.Trade Review'The two volumes represent an essential collection in all university libraries and are outstanding reference tools of a widely dispersed literature for researchers and students in labour economics and industrial relations (note that many of the included articles are not easily available in the libraries of many South-Eastern Universities and research centres).' -- Darko Marinkovic and Bruno S. Sergi, South-East Europe Review'Students of labor markets will welcome this intelligently-chosen compendium of classic papers on the economics of trade unions. This two-volume collection brings together eminent contributions to research over a period of more than fifty years. Here is the place to look for what economists have to say about the role of unions in the determination of productivity, wages, employment, work hours, and a host of other things. It provides a valuable opportunity to take stock of where we are in this class of research and how we arrived here.' -- John Pencavel, Stanford University, US'At a time at which unions struggle to redefine themselves, and governments think about the right set of labor market institutions, this collection puts together what economists know about unions. No ideology masquerading as science here. Just all the classics.' -- Olivier Blanchard, MIT, USTable of ContentsContents: Volume I Acknowledgements Introduction Alison L. Booth PART I ALLOCATIVE AND TECHNICAL INEFFICIENCY 1. Albert Rees (1963), ‘The Effects of Unions of Resource Allocation’ 2. Greg J. Duncan and Frank P. Stafford (1980), ‘Do Union Members Receive Compensating Wage Differentials?’ 3. S. Rosen (1969), ‘Trade Union Power, Threat Effects and the Extent of Organization’ 4. Harry G. Johnson and Peter Mieszkowski (1970), ‘The Effects of Unionization on the Distribution of Income: A General Equilibrium Approach’ 5. Paul A. Grout (1984), ‘Investment and Wages in the Absence of Binding Contracts: A Nash Bargaining Approach’ PART II UNIONS AS EFFICIENCY ENHANCING 6. Richard B. Freeman and James L. Medoff (1979), ‘The Two Faces of Unionism’ 7. Roger L. Faith and Joseph D. Reid, Jr (1987), ‘An Agency Theory of Unionism’ PART III UNION BARGAINING POWER AND MEMBERSHIP 8. Samuel Bowles (1985), ‘The Production Process in a Competitive Economy: Walrasian, Neo-Hobbesian, and Marxian Models’ 9. Alison L. Booth (1985), ‘The Free Rider Problem and a Social Custom Model of Trade Union Membership’ 10. Alison L. Booth and Monojit Chatterji (1995), ‘Union Membership and Wage Bargaining when Membership is not Compulsory’ 11. Henry S. Farber (1983), ‘The Determination of the Union Status of Workers’ PART IV UNIONS AND IMPERFECT COMPETITION 12. Steve Dowrick (1989), ‘Union-oligopoly Bargaining’ 13. Mark B. Stewart (1990), ‘Union Wage Differentials, Product Market Influences and the Division of Rents’ 14. Stephen Nickell (1999), ‘Product Markets and Labour Markets’ PART V MODELLING UNION BEHAVIOUR 15. Andrew J. Oswald (1985), ‘The Economic Theory of Trade Unions: An Introductory Survey’ 16. Henry S. Farber (1978), ‘Individual Preferences and Union Wage Determination: The Case of the United Mine Workers’ 17. Douglas H. Blair and David L. Crawford (1984), ‘Labor Union Objectives and Collective Bargaining’ 18. Ken Binmore, Ariel Rubinstein and Asher Wolinsky (1986), ‘The Nash Bargaining Solution in Economic Modelling’ 19. Wassily Leontief (1946), ‘The Pure Theory of the Guaranteed Annual Wage Contract’ 20. Ian M. McDonald and Robert M. Solow (1981), ‘Wage Bargaining and Employment’ 21. Thomas E. MaCurdy and John H. Pencavel (1986), ‘Testing between Competing Models of Wage and Employment Determination in Unionized Markets’ 22. Alan Manning (1987), ‘An Integration of Trade Union Models in a Sequential Bargaining Framework’ 23. George E. Johnson (1990), ‘Work Rules, Featherbedding, and Pareto-optimal Union-Management Bargaining’ 24. Peter Kuhn and Jacques Robert (1989), ‘Seniority and Distribution in a Two-worker Trade Union’ PART VI UNIONS AND STRIKES 25. John Kennan and Robert Wilson (1993), ‘Bargaining with Private Information’ 26. Joseph S. Tracy (1987), ‘An Empirical Test of an Asymmetric Information Model of Strikes’ PART VII CHOICE OF BARGAINING STRUCTURE 27. Henrik Horn and Asher Wolinsky (1988), ‘Worker Substitutability and Patterns of Unionisation’ 28. Byoung Heon Jun (1989), ‘Non-cooperative Bargaining and Union Formation’ Name Index Volume II Acknowledgements An Introduction by the editor to both volumes appears in Volume I PART I THE ECONOMIC EFFECTS OF UNIONS 1. Peter Kuhn (1998), ‘Unions and the Economy: What We Know; What We Should Know’ 2. Stephen Machin, Mark Stewart and John Van Reenen (1993), ‘The Economic Effects of Multiple Unionism: Evidence from the 1984 Workplace Industrial Relations Survey’ 3. David Card (2001), ‘The Effect of Unions of Wage Inequality in the US Labor Market’ 4. Richard B. Freeman (1984), ‘Longitudinal Analyses of the Effects of Trade Unions’ 5. Chris Robinson (1989), ‘The Joint Determination of Union Status and Union Wage Effects: Some Tests of Alternative Models’ 6. George Jakubson (1991), ‘Estimation and Testing of the Union Wage Effect Using Panel Data’ 7. Martyn J. Andrews, Mark B. Stewart, Joanna K. Swaffield and Richard Upward (1998), ‘The Estimation of Union Wage Differentials and the Impact of Methodological Choices’ PART II UNIONS AND HOURS OF WORK 8. William M. Boal and John Pencavel (1994), ‘The Effects of Labor Unions on Employment, Wages, and Days of Operation: Coal Mining in West Virginia’ 9. Alison Booth and Fabio Schiantarelli (1987), ‘The Employment Effects of a Shorter Working Week’ PART III PUBLIC SECTOR UNIONISM 10. Richard B. Freeman (1986), ‘Unionism Comes to the Public Sector’ 11. Carl M. Stevens (1966), ‘Is Compulsory Arbitration Compatible With Bargaining?’ 12. Caroline Minter Hoxby (1996), ‘How Teachers’ Unions Affect Education Production’ PART IV UNIONS AND THE MACRO-ECONOMY 13. Robert J. Flanagan (1999), ‘Macroeconomic Performance and Collective Bargaining: An International Perspective’ 14. Lars Calmfors and John Driffill (1988), ‘Bargaining Structure, Corporatism and Macroeconomic Performance’ 15. Richard Layard, Stephen Nickell and Richard Jackman (1991), ‘Wage Bargaining and Unions’ 16. Huw Dixon and Neil Rankin (1994), ‘Imperfect Competition and Macroeconomics: A Survey’ 17. Alan Manning (1993), ‘Wage Bargaining and the Phillips Curve: The Identification and Specification of Aggregate Wage Equations’ 18. David Soskice and Torben Iversen (2000), ‘The Nonneutrality of Monetary Policy with Large Price or Wage Setters’ PART V UNIONS AND FOREIGN DIRECT INVESTMENT 19. Robin Naylor (1999), ‘Union Wage Strategies and International Trade’ Name Index

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Book SynopsisEducation and Earnings in Europe is based on a two year pan-European research programme and presents an in-depth analysis of the returns to education in Europe.The book begins with a critical review of the literature which compares and contrasts the issues involved in the estimation of these returns. A central message of this review, based on the extensive use of cross country comparisons, is that the estimated return to education can vary depending on the precise methodology and data specification used. This review is followed by 15 country specific chapters which present the structure of the educational system, estimates of the returns to education and extensions to the basic model of each country. The chapters follow a consistent format and style to allow for ease of comparison between the countries discussed.Trade Review'I enjoyed reading the individual chapters, and think their inclusion in a single volume will be a helpful asset to those concerned about specification and estimation issues in the literature. An introductory chapter by the editors usefully lays out the issues in the schooling returns literature.' -- M.L. Blackburn, Economics of Education Review'. . . the authors present country-specific trends and, perhaps more importantly, describe these trends in terms of underlying changes in various supply-side and demand-side factors. Since each one of the countries has it's own chapter, the presentation allows readers to develop an in-depth understanding of the structure and evolution of each one of the national systems of education. Taken together, this book is a methodological tour de force and is highly recommended for graduate students, faculty, and researchers.' -- F. Galloway, Choice'This excellent volume provides a valuable insight into the returns to education from a cross European perspective. It contains high quality analyses by some of Europe's leading labour market economists. Whilst of a quantitative nature, the results and respective interpretations of the volume will also be of value to practitioners and policy makers. I strongly recommend it to anyone with an interest in the analysis of economic and social returns to education.' -- Thomas Lange, The Robert Gordon University, Aberdeen, UK

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Book SynopsisTrust is an elusive concept, meaning different things to different people, and so needs to be clearly defined. By focusing on relations within and between firms, Bart Nooteboom undertakes to produce a clearer definition of trust and its role in the economy.Trust deals with a range of questions such as: what are the roles of trust? What can we trust in? Can trust serve as an instrument for the governance of relations? Is trust a substitute, a precondition or an outcome of contracts? The author then goes on to analyse what trust is based on, what its limits are, how it grows and how it can also break down. The role of intermediaries is also discussed.Bart Nooteboom argues that trust goes beyond calculative self-interest and that blind, unconditional trust is unwise. He then examines the paradox of how trust can be non-calculative and yet, not blind. The book also reveals ways to measure and model trust, its antecedents and its consequences.Trade Review'The book is a pleasure to read, well edited, well argued, and covering much ground in only just over 200 pages. It is thoroughly introduced and has a very complete "summary and conclusions" chapter. With its extensive references and a subject and author index, it is a valuable scholarly help.' -- D.J. Bezemer, Journal of Socio-Economics'[The book] provides a well-grounded approach to the study of trust and offers a number of ways to continue empirical work on this difficult subject.' -- Peter Smith Ring, Administrative Science Quarterly'. . . the book is clear and engaging, targeted at an academic audience but suitable also for practitioners and general interest given some basic knowledge of organisation science and proclivity for concepts.' -- Guido Mollering, Personnel Review'This book provides an interesting and informative account of the nature, causes and consequences of trust. . . Nooteboom has written an interesting book which has prompted this reviewer to think fruitfully about various aspects of trust. I am confident that the book will provide other readers with similar intellectual stimulation and sustenance.' -- P.A. Lewis, The Economic Journal'. . . it is clear that this is an important work, which, with considerable erudition, breaks new ground on a hitherto little understood aspect of economic behaviour. The fact that the book is also well written and draws upon literatures that range from psychology through to organization theory and philosophy, reinforces the indubitable intellectual contribution it makes. It deserves to be widely read and discussed.' -- Gary B. Magee, Journal of Evolutionary Economics'In the past, the economic analysis of the firm has focused too exclusively on pecuniary considerations. While costs and revenues are vital, it is equally important not to ignore other essential elements, such as trust, that cannot be so readily traded or given a monetary value. Bart Nooteboom's work is an important corrective to mainstream opinion. He is one of the pioneers of the analysis of trust in organizations and this present volume is a wonderful and elegant addition to this literature.' -- Geoffrey M. Hodgson, University of Hertfordshire Business School, UKTable of ContentsContents: Preface 1. Aims and Foundations 2. Forms 3. Foundations 4. Functions 5. Failures 6. Figures 7. Summary and Conclusions References Index

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Book SynopsisThis book provides an overview of the institutional arrangements affecting labour market transitions through different working-time arrangements in seven European countries. It examines the extent to which social integration through transitional labour markets is possible, assesses the effects of labour market transitions, and prescribes improvements, with the aim of preventing the development of social exclusion from paid employment. The book concentrates on how working-time transitions are shaped by industrial relations, employment regulation and social policy systems. In particular it seeks to ascertain how institutional regulations may hinder or encourage the development of transitional labour markets in France, Germany, Ireland, the Netherlands, Spain, Sweden and the UK.The contributors to this volume also analyse the characteristics of employment regulation with regard to working-time flexibility and industrial relations in their national setting. They provide a review of current debates around this issue, and explore the role of recent reforms to social policy in facilitating or hindering labour market transitions. Outlining the changes that have occurred in the regulatory institutional framework shaping working-time transitions in recent years, this book will be invaluable to academics with an interest in labour market policy. The book will also strongly appeal to labour market policymakers.Table of ContentsContents: Foreword by Günther Schmid 1. Introduction 2. Working-time Transitions in Sweden 3. Regulating Working-time Transitions in Germany 4. Negotiated Flexibility, Working-time and Transitions in the Netherlands 5. Working Times in France: Institutional Methods of Regulating and New Practices 6. Flexibility in the Spanish Labour Market: Working-time and Temporary Employment 7. Working-time Flexibility in Ireland 8. Re-regulating Transitions? Continuity and Change in the UK Index

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Book SynopsisThe distinguished contributors in this volume provide a variety of essays, which are written in honor of Emmanuel Drandakis. These essays fall into four uniform areas of economics: economic growth, general equilibrium, labor economics and game theory and applications.The editors focus on a select set of issues that stand high on the agenda of academic research. They provide fresh insights and approaches to the analysis of these issues, and thus open up wider avenues for our understanding of the dilemmas posed for theory and policy. Readers are offered new empirical evidence on such thorny social problems as, for example, unemployment, the intergenerational transmission of human capital and the response of wages to price and endowment changes.These contributions, in conjunction with the realisation that the papers are written by some of the most distinguished economists in the respective areas, make the volume an attractive addition for all who are interested in the contemporary research and teaching of economics.Table of ContentsContents: Preface Part I: Economic Growth 1. Some Early Conferences on Growth Theory 2. Discounting and the Growth of Net National Product Part II: General Equilibrium 3. Equilibrium Selections 4. Extensive Form Implementation of Weak Fine Core Allocations through Penalties 5. Nonlinear Neighbourhood Interactions and Intergenerational Transmission of Human Capital 6. Beliefs and the Neutrality of Money 7. Towards a General Theory of Real Capital Part III: Labor Economics 8. Endowment Changes, Price Response, and the Behavior of Wages 9. The Pace of Work and Pay 10. The Incidence of Increased Unemployment in the Group of Seven, 1970–94 11. Labor Incentives and Manumission in Ancient Greek Slavery Part IV: Game Theory and Applications 12. Agency Games 13. The Role of Beliefs, Knowledge, and Rationality in Non-Cooperative Games 14. The Economics of Research Joint Ventures Index

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Book SynopsisThe economics of language remains neglected territory. Language makes information operational. As a social technology, it is a resource of the symbolic species - some argue it defines the human species. Language affects ability to find employment; cultural identity, effective communication in business, international trade, and tourism; negotiations and settlement procedures; political activity; and conflict within and between nations.Donald Lamberton, a leading scholar in the field, has selected key papers which address issues such as why some languages survive and others do not, the importance of language to the operation of a world-wide business, the problem of the language divide in economic development and the future of new language technologies such as telephone interpreting services, the internet and talking machines.This authoritative collection of papers contributes, in the words of Jacob Marschak, to 'the essential stuff of economics, in particular the economics of uncertainty that characterizes problems of human information, communication and organization'.Trade Review'This book opens up many linguistic aspects of economics and shows in numerous ways how current research in this discipline is intimately related to that of communication.' -- Emile McAnany, Communication Research Trends'This reviewer found reading this anthology interesting and profitable.' -- L. Zgusta, American Reference Books Annual 2003'Don Lamberton has been a pioneer in several previously underdeveloped fields of economics - the economics of information, innovation and telecommunications - and his energy and enthusiasm has been instrumental in getting economists to give these the attention they deserve. In this edited book he has turned his attention to the economics of language. Economists have much to learn about the evolution of language and its role in economic development. In particular, a proper understanding of the economics of language is probably essential if the globalization project is to deliver benefits to all rather than just to some. This pioneering collection edited by Don Lamberton will help put us on the right track.' -- G.M. Peter Swann, University of Manchester, UKTable of ContentsContents: Acknowledgements Preface Introduction Language: A Social Technology? Donald M. Lamberton PART I THEORETICAL APPROACHES 1. Jacob Marschak (1965), ‘Economics of Language’ 2. François Vaillancourt (1983), ‘The Economics of Language and Language Planning’ 3. Reinhard Selten and Jonathan Pool (1991), ‘The Distribution of Foreign Language Skills as a Game Equilibrium’ 4. François Grin (1992), ‘Towards a Threshold Theory of Minority Language Survival’ 5. Jeffrey Church and Ian King (1993), ‘Bilingualism and Network Externalities’ 6. Marcellus S. Snow (1998), ‘Economic, Statistical, and Linguistic Factors Affecting Success on the Test of English as a Foreign Language (TOEFL)’ 7. Edward P. Lazear (1999), ‘Culture and Language’ PART II PROFITS AND WAGES 8. Pavel Pelikán (1969), ‘Language as a Limiting Factor for Centralization’ 9. Nigel B.R. Reeves (1990), ‘The Foreign Language Needs of U.K.-Based Corporations’ 10. Carol S. Fixman (1990), ‘The Foreign Language Needs of U.S.-Based Corporations’ 11. Rebecca Marschan-Piekkari, Denice Welch and Lawrence Welch (1999), ‘In the Shadow: The Impact of Language on Structure, Power and Communication in the Multinational’ 12. Barry R. Chiswick and Paul W. Miller (1995), ‘The Endogeneity between Language and Earnings: International Analyses’ PART III POLICY 13. Joseph Lo Bianco (1997), ‘English and Pluralistic Policies: The Case of Australia’ 14. Mariel Tisdell (1998), ‘Socio-economic Aspects of Language Policies: An Australian Perspective’ PART IV TECHNOLOGY SOLUTIONS 15. Gordon B. Thompson (1977), ‘The World Turned Upside Down: Information Technology and the Linguistic Constraint’ 16. Uldis Ozolins, Tom Pointon and Chris Doucouliagos (1999), ‘The Market for Telephone Interpreting Services in Australia’ 17. (1998), ‘Word Perfected: Can Machines Talk? From Next Month They Will’ 18. Joann P. Ryan (1992), ‘Machine Translation: Matching Reality to Expectations’ 19. Geoffrey Nunberg (2000), ‘Will the Internet Always Speak English?’ PART V APPENDIX 20. Roger Backhouse, Tony Dudley-Evans and Willie Henderson (1993), ‘Exploring the Language and Rhetoric of Economics’ Name Index

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Book SynopsisThe original essays in this book have been written by a number of leading international experts in the field of labour market studies to honour the intellectual contribution and lifetime achievement of Gunther Schmid.The multidisciplinary contributions, which cover a variety of theoretical approaches, are all concerned with transitional labour markets and labour market policy in the new global economic environment. The authors first address current arguments and controversies regarding appropriate institutions for the formation and implementation of labour market and employment policies. They move on to focus on the policies and problems associated with enhancing gender equality in terms of labour market integration and transitions. Finally, they examine new institutional arrangements that they believe will both enhance the performance of transitional labour markets and improve the management of social risks.Combining a theoretical approach with empirical research and a strong policy emphasis, the scope and diversity of this book will ensure a broad audience amongst economists, political scientists and academics in the fields of labour market theory and policy.Table of ContentsContents Preface 1 Introduction Hugh Mosley, Jacqueline O’Reilly and Klaus Schömann PART I NEW INSTITUTIONS FOR LABOUR MARKET POLICY 2 What can we learn from other countries? Comparative research on the impact of wages on employment performance Ronald Schettkat 3 Can Sweden’s ‘Rehn–Meidner’ model be put back on its feet? Lars Behrenz, Lennart Delander and Harald Niklasson 4 The changing public–private mix of labour market policy in Sweden Eskil Wadensjö 5 Implementation structures for cooperative labour market policy: a bargaining theory approach Birgitta Rabe PART II GENDER EQUALITY IN TRANSITION 6 Gender mainstreaming and European employment policy Jill Rubery 7 Shared work/valued care: new norms for organizing market work and unpaid care work Eileen Appelbaum, Thomas Bailey, Peter Berg and Arne L. Kalleberg 8 The 1996 US welfare reform: objectives, effects and lessons Robert Haveman and Barbara Wolfe 9 The labour force transitions of first-time mothers in Britain, Germany, the Netherlands and Sweden Siv Gustafsson, Eiko Kenjoh and Cécile Wetzels 10 Women between labour market integration and segregation: Germany and Sweden compared Hildegard Theobald and Friederike Maier PART III INSTITUTIONAL COORDINATION AND TRANSITIONAL LABOUR MARKETS 11 Transitional labour markets and scarcity: a preliminary analysis Bernard Gazier 12 Managing social risks with transitional labour markets Ton Wilthagen 13 Transitional labour markets: an economist’s view Jaap de Koning 14 Transitional labour markets and employment stability Peter Auer and Sandrine Cazes 15 Self-employment transitions in Germany: the division of knowledge and the future of the self-employed entrepreneur Klaus Semlinger Index

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Book SynopsisDiscrimination's dynamic nature means that no single theory, method, data or study should be relied upon to assess its magnitude, causes, or remedies. Despite some gains in our understanding, these remain active areas of debate among researchers, practitioners and policymakers. The specially commissioned papers in this volume, all by distinguished contributors, present the full range of issues related to this complex and challenging problem. Part 1 explores innovations in methods and data collection that help to provide richer descriptions of inequality. Part 2 reviews empirical evidence on discrimination that people with disabilities, older workers and gay, lesbian and bisexual individuals face. Although discrimination among these groups is not new, this Handbook shows that economists are beginning to more fully document their experiences. Part 3 presents a balanced discussion of anti-discrimination policies and the impact of affirmative action. The methods and data chapters are particularly designed to encourage researchers to utilize the new approaches and develop new data sources.Accessible and comprehensive, the Handbook is the seminal reference on the economics of discrimination for academic and professional economists, graduate students, advanced undergraduates, practitioners, policymakers, and funders of social science research.Trade Review'The papers contained in the first part of the book are particularly valuable as a primer for researchers interested in economic discrimination. On this basis alone this book is recommended for researchers seeking an overview of current techniques for assessing economic discrimination. . . The final section nicely highlights both the importance in understanding the interaction of policy and economic discrimination, and the difficulties in isolating policy effects.'Table of ContentsContents: Introduction William M. Rodgers III Part I: New Methods 1. A Primer on Wage Gap Decompositions in the Analysis of Labor Market Discrimination Yana van der Meulen Rodgers 2. Using Matched Employer–Employee Data to Study Labor Market Discrimination Judith K. Hellerstein and David Neumark 3. Learning About Discrimination by Talking to Employers Philip Moss and Chris Tilly 4. Discrimination: Experimental Evidence from Psychology and Economics Lisa R. Anderson, Roland G. Fryer and Charles A. Holt Part II: Beyond Race and Gender 5. A Critical Review of Studies of Discrimination Against Workers with Disabilities Marjorie L. Baldwin and William G. Johnson 6. Discrimination Based on Sexual Orientation: A Review of the Literature in Economics and Beyond M.V. Lee Badgett 7. Age Discrimination in US Labor Markets: A Review of the Evidence Scott J. Adams and David Neumark Part III: Policy Impacts 8. Discrimination in the Credit and Housing Markets: Findings and Challenges Gary A. Dymski 9. Equal Employment Opportunity and Affirmative Action Harry J. Holzer and David Neumark Concluding Thoughts William M. Rodgers III Index

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Book SynopsisThis comprehensive set of papers charts the main developments in contemporary labour economics, with an emphasis on issues of measurement. Topics covered in the first volume include the effects of adjustment costs on employment and the modeling of family choice in labor supply. Key themes explored in the second volume include the role of unobserved worker characteristics in obscuring the tradeoff between wages and benefits, payment systems in circumstances where results are verifiable and nonverifiable, formal unemployment duration analysis, and sex biased hiring. The third volume tackles some of the more controversial themes in modern labour economics. The editor has provided an insightful new introduction which gives a comprehensive overview of the themes discussed.Trade Review'This collection of papers offers new perspectives on the classic topics of labor economics, drawing on analyses of labor markets around the world. The papers use ingenious methods to capture how the interplay between market forces and institutions determines labor market outcomes. As a compendium of recent "must read" research contributions, this volume belongs in the library of all labor economists.' -- Robert J. Flanagan, Stanford University, US'A fine collection of modern classics which have shaped and altered our thinking about labor economics. Even in times of internet access to many journals, these are three volumes that deserve to be placed on your book shelves as standard references.' -- Claus Schnabel, University of Erlangen-Nuremberg, Germany'In this 3 volume collection of papers John Addison covers 13 topics and includes 70 papers published between 1984 and 2006. These papers, almost all of which are empirically based, are designed to give a flavour of the increasingly sophisticated techniques that have been used to tease out the underlying relationships in areas ranging from labour demand to personnel economics. Labour economists will find it most helpful to have so many outstanding recent papers readily available in these three volumes.' -- P.J. Sloane, University of Wales Swansea, UKTable of ContentsContents: Volume I Acknowledgements Introduction John T. Addison PART I LABOR DEMAND 1. Joshua D. Angrist (1996), ‘Short-Run Demand for Palestinian Labor’ 2. Daniel S. Hamermesh and Stephen J. Trejo (2000), ‘The Demand for Hours of Labor: Direct Evidence from California’ 3. Jennifer Hunt (1999), ‘Has Work-Sharing Worked in Germany?’ 4. Daniel S. Hamermesh (1989), ‘Labor Demand and the Structure of Adjustment Costs’ 5. Paolo Rota (2004), ‘Estimating Labor Demand with Fixed Costs’ PART II MINIMUM WAGES 6. David Card and Alan B. Krueger (2000), ‘Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply’ 7. John T. Addison and McKinley L. Blackburn (1999), ‘Minimum Wages and Poverty’ 8. Barry T. Hirsch and Edward Schumacher (2005), ‘Classic or New Monopsony? Searching for Evidence in Nursing Labor Markets’ 9. Pedro Portugal and Ana Rute Cardoso (2006), ‘Disentangling the Minimum Wage Puzzle: An Analysis of Worker Accessions and Separations from a Longitudinal-Matched Employer-Employee Data Set’ PART III LABOR SUPPLY 10. James J. Heckman (1993), ‘What Has Been Learned About Labor Supply in the Past Twenty Years?’ 11. Jeff E. Biddle and Daniel S. Hamermesh (1990), ‘Sleep and the Allocation of Time’ 12. Reuben Gronau (1997), ‘The Theory of Home Production: The Past Ten Years’ 13. Joshua D. Angrist and William N. Evans (1998), ‘Children and Their Parents’ Labor Supply: Evidence from Exogenous Variation in Family Size’ 14. Pierre-André Chiappori (1992), ‘Collective Labor Supply and Welfare’ 15. M. Browning and P.A. Chiappori (1998), ‘Efficient Intra-Household Allocations: A General Characterization and Empirical Tests’ 16. Shelly J. Lundberg, Robert A. Pollak and Terence J. Wales (1997), ‘Do Husbands and Wives Pool Their Resources? Evidence From the United Kingdom Child Benefit’ 17. Henry S. Farber (2005), ‘Is Tomorrow Another Day? The Labor Supply of New York City Cabdrivers’ 18. James P. Ziliak and Thomas J. Kneisner (2005), ‘The Effect of Income Taxation on Consumption and Labor Supply’ PART IV HUMAN CAPITAL 19. Kelly Bedard (2001), ‘Human Capital Versus Signaling Models: University Access and High School Dropouts’ 20. McKinley L. Blackburn and David Neumark (1995), ‘Are OLS Estimates of the Return to Schooling Biased Downward? Another Look’ 21. Orley Ashenfelter and Cecilia Rouse (1998), ‘Income, Schooling, and Ability: Evidence From a New Sample of Identical Twins’ 22. Christian Belzil and Jörgen Hansen (2002), ‘Unobserved Ability and the Return to Schooling’ 23. Janet Currie and Enrico Moretti (2003), ‘Mother’s Education and the Intergenerational Transmission of Human Capital: Evidence from College Openings’ 24. Alan B. Krueger and Mikael Lindahl (2001), ‘Education for Growth: Why and For Whom?’ Name Index Volume II Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I COMPENSATING DIFFERENTIALS 1. Edward J. Schumacher and Barry T. Hirsch (1997), ‘Compensating Differentials and Unmeasured Ability in Labor Market for Nurses: Why Do Hospitals Pay More?’ 2. Craig A. Olson (2002), ‘Do Workers Accept Lower Wages in Exchange for Health Benefits?’ 3. Dominique Goux and Eric Maurin (1999), ‘Persistence of Interindustry Wage Differentials: A Reexamination Using Matched Worker-Firm Panel Data’ PART II THE RETURNS TO EXPERIENCE AND TENURE 4. David Neumark and Paul Taubman (1995), ‘Why Do Wage Profiles Slope Upward? Tests of the General Human Capital Model’ 5. Robert Topel (1991), ‘Specific Capital, Mobility, and Wages: Wages Rise with Job Superiority’ 6. Margaret Stevens (2003), ‘Earnings Functions, Specific Human Capital, and Job Matching: Tenure Bias is Negative’ 7. Daniel Parent (2000), ‘Industry-Specific Capital and the Wage Profile: Evidence from the National Longitudinal Survey of Youth and Panel Study of Income Dynamics’ 8. Edward P. Lazear and Robert L. Moore (1984), ‘Incentives, Productivity, and Labor Contracts’ 9. Edward P. Lazear (2000), ‘Performance Pay and Productivity’ 10. H. Lorne Carmichael and W. Bentley MacLeod (2000), ‘Worker Cooperation and the Ratchet Effect’ 11. Michael L. Bognanno (2001), ‘Corporate Tournaments’ PART III DISCRIMINATION 12. Daniel S. Hamermesh and Jeff E. Biddle (1994), ‘Beauty and the Labor Market’ 13. Joseph G. Altonji and Charles R. Pierret (2001), ‘Employer Learning and Statistical Discrimination’ 14. David A. McPherson and Barry T. Hirsch (1995), ‘Wages and Gender Composition: Why Do Women’s Jobs Pay Less?’ 15. Derek A. Neal and William R. Johnson (1996), ‘The Role of Premarket Factors in Black-White Wage Differences’ 16. Claudia Goldin and Cecilia Rouse (2000), ‘Orchestrating Impartiality: The Impact of “Blind” Auditions on Female Musicians’ PART IV JOB SEARCH AND UNEMPLOYMENT 17. Lars Ljungqvist and Thomas J. Sargent (1998), ‘The European Unemployment Dilemma’ 18. John T. Addison and Pedro Portugal (2002), ‘Job Search Methods and Outcomes’ 19. Bruce D. Meyer (1990), ‘Unemployment Insurance and Unemployment Spells’ 20. John T. Addison and Pedro Portugal (2004), ‘How Does the Unemployment Insurance System Shape the Time Profile of Jobless Duration?’ 21. Liliane Bonnal, Denis Fougère and Anne Sérandon (1997), ‘Evaluating the Impact of French Employment Policies on Individual Labor Market Histories’ 22. John T. Addison and Pedro Portugal (2003), ‘Unemployment Duration: Competing and Defective Risks’ Name Index Volume III Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I TECHNOLOGY, TRADE, IMMIGRATION AND WAGES 1. Stephen Machin and John Van Reenen (1998), ‘Technology and Changes in Skill Structure: Evidence from Seven OECD Countries’ 2. Eli Berman, John Bound and Stephen Machin (1998), ‘Implications of Skill-Based Technological Change: International Evidence’ 3. Richard B. Freeman (1995), ‘Are Your Wages Set in Beijing?’ 4. Thibaut Desjonqueres, Stephen Machin and John Van Reenen (1999), ‘Another Nail in the Coffin? Or Can the Trade Based Explanation of Changing Skill Structure Be Resurrected?’ 5. David Card (2001), ‘Immigrant Inflows, Native Outflows, and the Local Labor Market Impacts of Higher Immigration’ PART II INSTITUTIONS AND LABOR MARKET OUTCOMES 6. Alan B. Krueger (1991), ‘The Evolution of Unjust-Dismissal Legislation in the United States’ 7. John T. Addison, Paulino Teixeira and Jean-Luc Grosso (2000), ‘The Effect of Dismissals Protection on Employment: More on a Vexed Theme’ 8. Stephen Nickell (1997), ‘Unemployment and Labor Market Rigidities: Europe Versus North America’ 9. Olivier Blanchard and Justin Wolfers (2000), ‘The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence’ 10. Olivier Blanchard and Pedro Portugal (2001), ‘What Hides Behind an Unemployment Rate: Comparing Portuguese and U.S. Labor Markets’ PART III REGULATION SELECTED MANDATES 11. Lawrence H. Summers (1989), ‘Some Simple Economics of Mandated Benefits’ 12. John T. Addison, Richard C. Barrett and W. Stanley Siebert (2006), ‘Building Blocks in the Economics of Mandates’ 13. Jonathan Gruber (1994), ‘The Incidence of Mandated Maternity Benefits’ 14. Christopher J. Ruhm (1998), ‘The Economic Consequences of Parental Leave Mandates: Lessons from Europe’ PART IV UNIONS 15. Barry T. Hirsch (2004), ‘What Do Unions Do for Economic Performance?’ 16. John T. Addison and John B. Chilton (1998), ‘Self-Enforcing Union Contracts: Efficient Investment and Employment’ 17. John T. Addison, John S. Heywood and Xiangdong Wei (2003), ‘New Evidence on Unions and Plant Closings: Britain in the 1990s’ 18. John DiNardo and Kevin F. Hallock (2002), ‘When Unions “Mattered”: The Impact of Strikes on Financial Markets, 1925–1937’ 19. Barry T. Hirsch (2004), ‘Reconsidering Union Wage Effects: Surveying New Evidence on an Old Topic’ 20. John T. Addison, Ralph W. Bailey and W. Stanley Siebert (2007), ‘The Impact of Deunionization on Earnings Dispersion Revisited’ 21. David Card (2001), ‘The Effect of Unions on Wage Inequality in the U.S. Labor Market’ PART V PERSONNEL ECONOMICS 22. Edward P. Lazear (1999), ‘Personnel Economics: Past Lessons and Future Directions. Presidential Address to the Society of Labor Economists, San Francisco, May 1, 1998’ 23. Sandra E. Black and Lisa M. Lynch (2001), ‘How to Compete: The Impact of Workplace Practices and Information Technology on Productivity’ 24. Stephen Machin and Stephen Wood (2005), ‘Human Resource Management as a Substitute for Trade Unions in British Workplaces’ Name Index

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Book SynopsisThis Handbook is an authoritative and invaluable reference tool, uniquely analysing the forces governing unionism, union behaviour and union impact from a variety of perspectives, both theoretical and empirical. The 14 chapters are written in an accessible style by acknowledged leading specialists from the fields of economics and industrial relations. They offer a truly international perspective on this important subject.This superbly comprehensive Handbook examines the determinants of union membership, models of union behaviour and the economics of strikes, as well as the effects of unions on wages, pay inequality and firm performance (to include innovation). It also analyses trade unions as political actors and their impact on macroeconomic performance. Institutional detail is added in specific chapters documenting recent developments in the US and the UK, and prospects for a Europeanization of collective bargaining. A review of union density in more than 100 nations, is also provided.The Handbook is suited to a range of courses and is aptly designed to meet the needs of students - from undergraduates upwards - and academics in the fields of economics, industrial relations, human resources management, as well as general labour scholars.Trade Review'The editors have successfully drawn together leading authorities and experts in the field to outline some key aspect within the modern international trade union movement. . . Each contribution is well-researched with clearly expressed arguments set in context to ensure the reader is able, not just to follow the lines of thought, but also to develop and pursue further inquiry. . . There is a strong international dimension that runs through a number of chapters. There is an excellent index and the references and endnotes are to a high standard. This book is essential for contextual reading in any major university and will be of particular relevance to those studying economics or the social sciences.' -- Ronan O'Beirne, Reference Reviews'The chapters are of uniformly very high quality and, taken together, represent an authoritative and comprehensive assessment of the behavior and effects of trade unions, at least in the West. This truly state-of-the-art collection earns the moniker "handbook", and deserves to be placed within close reach as a standard reference.' -- Richard P. Chaykowski, Industrial and Labor Relations Review'This volume is the definitive word on the topic, and likely will remain so for some time. The editors have done a remarkable job of compiling a list of contributors that reads like a "Who's Who" on the topic, ensuring quality control and summarizing a daunting amount of material. Given the dramatic changes that have been occurring throughout the world with respect to trade unions, this is a timely and welcomed contribution.' -- Morley Gunderson, University of Toronto, Canada'A fine collection, written by the world's leading experts in this important area. If you want to know about what has been happening at the frontier of recent research on unions, this is the book for you.' -- Andrew J. Oswald, University of Warwick, UKTable of ContentsContents: 1. Introduction John T. Addison and Claus Schnabel 2. Determinants of Trade Union Membership Claus Schnabel 3. Economic Models of Union Behaviour Robin Naylor 4. Unions, Bargaining and Strikes Peter Cramton and Joseph Tracy 5. Unions and Productivity, Financial Performance and Investment: International Evidence David Metcalf 6. Collective Bargaining and Macroeconomic Performance Robert J. Flanagan 7. Changes Over Time in Union Relative Wage Effects in the UK and the USA Revisited David Blanchflower and Alex Bryson 8. Unions and the Wage Structure David Card, Thomas Lemieux and W. Craig Riddell 9. Unions and Innovation: A Survey of the Theory and Empirical Evidence Naercio Menezes-Filho and John Van Reenen 10. Trade Unions as Political Actors Wolfgang Streeck and Anke Hassel 11. Unions and Unionism Around the World Jelle Visser 12. Recent Changes in the Industrial Relations Framework in the UK John T. Addison and W. Stanley Siebert 13. Europeanization of Collective Bargaining Dieter Sadowski, Oliver Ludewig and Florian Turk 14. Contemporary Developments in and Challenges to Collective Bargaining in the United States John Delaney Index

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Book SynopsisThis book offers a wide-ranging overview of the state of labour market forecasting in selected OECD countries. Besides presenting forecasting models, the contributions provide an introduction to past experiences of forecasting, highlight the requirements for building appropriate data sets and present the most up-to-date forecasts available. In most cases the forecasts project mismatches in the labour market as they are likely to occur in the coming years with respect to occupational groups, qualifications and employment in specific sectors. The authors demonstrate how these insights might be used to help reduce employment risks both for the individual worker and the national labour market as a whole. The country examples also show how information on labour market trends is disseminated and used by various actors, such as policymakers, firms and individuals. In a world of rapid structural change, the results of the research presented in this book could help cushion the impact of potential shocks from future mismatches and skill shortages in the job market. Policymakers at the supranational, national and regional level, and academics in the fields of labour market theory and policy can all draw valuable information from this insightful study.Table of ContentsContents: Preface 1. Why Forecast and For Whom? Some Introductory Remarks Michael Neugart and Klaus Schömann 2. Occupations and Skills in the United States: Projection Methods and Results through 2008 Burt S. Barnow 3. Forecasting Future Skill Needs in Canada Douglas A. Smith 4. Labour Market Forecasting in Japan: Methodology, Main Results and Implications Fujikazu Suzuki 5. Projections and Institutions: The State of Play in Britain Robert M. Lindley 6. A Review of Occupational Employment Forecasting for Ireland Jerry Sexton 7. Beyond Manpower Planning: A Labour Market Model for the Netherlands and its Forecasts to 2006 Frank Cörvers, Andries de Grip and Hans Heijke 8. French Occupational Outlooks by 2010: A Quantitative Approach Based on the FLIP-FAP Model Agnes Topiol 9. Projections of Qualifications and Occupations in Austria: Short-term Approaches, Macro Perspective and Emphasis on the Supply Side Lorenz Lassnigg 10. Projecting Labour Market Developments in Spain through 2010: From Massive Unemployment to Skill Gaps and Labour Shortages? Ferran Mañé and Josep Oliver-Alonso Index

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Book SynopsisNonlinear Models, Labour Markets and Exchange offers a number of broad introductory surveys in the areas of nonlinear modelling, labour economics and the economic analysis of exchange. This collection of articles consists largely of recently published refereed papers. The early chapters provide an introduction to the analysis of 'chaos and strange attractors' and the use of the very flexible generalised exponential family of frequency distributions in analysing both time series and cross-sectional distributions. The volume then provides syntheses of the theories of internal labour markets, trade union bargaining, and population ageing and its implications. It goes on to survey a range of topics in the broad area of the theory of exchange, which is central to the neoclassical economic model. Finally, the book provides some advice for students who are about to start their first piece of research. It ends with a unique survey of the history of economic analysis. Providing introductory material and syntheses of a wide range of topics, Nonlinear Models, Labour Markets and Exchange will be welcomed by economics academics and researchers interested in labour economics and econometrics.Table of ContentsContents: Part I: Nonlinear Models Part II: Labour Markets Part III: Demand and Exchange Part IV: A Mixture Index

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Book SynopsisContingent Employment in Europe and the United States examines the developments in labour markets in advanced economies in the 21st century, as regards contingent employment. This is defined as employment relationships that can be terminated with minimal costs within a predetermined period of time. This includes fixed-term contracts, temporary agency work and self-employment. Contingent employment has been the subject of much legislative activity in the last decade, at both the national and European level. Temporary agency work, in particular, has recently been extensively deregulated in most European countries and currently we await the fate of a proposed EU directive on agency work. The book is therefore highly topical.Using evidence from Germany, Spain, Sweden, the Netherlands, the UK and the US, the authors assess the increasing use of contingent employment against the legislative and institutional background in these countries. The European countries represent a wide range of regulatory regimes within the European Union, and comparison with the United States, where contingent employment is least regulated, is a useful feature of the book. Some emphasis is placed on the role of temporary work agencies. This is not only due to recent spate of legislation but also because agency work is the type of contingent employment that grew most rapidly in the last decade, it is a relatively novel form of employment, and has several interesting theoretical features.The book is aimed at scholars of labour economics and management, and will also be of interest to those practitioners involved in labour markets, primarily policymakers at both the European and national levels.Trade Review'This volume offers a wealth of information and analysis on contingent employment and provides an invaluable resource to scholars, students and policymakers interested in this expanding segment of the labour market.' -- John Shields, Labour/Le Travail'Bergstrom and Storrie are to be praised for what stands as a highly readable, engaging account of the development of temporary work, and also one that breaks new ground. The focus here is not just on profiling national trends, but also on locating them in a broader regulatory context. At a time when even the most passive regulation is derided for undermining "flexibility" and holding back growth, the insights contained in this book are of considerable value. In my view, Contingent Employment in Europe and the United States should be essential reading both for academics and policymakers.' -- Ian Kirkpatrick, Industrial Relations JournalTable of ContentsContents: Preface 1. Introduction 2. Beyond Atypicality 3. Contingent Employment in the UK 4. The Regulation and Growth of Contingent Employment in Sweden 5. Contingent Employment in Spain 6. Contingent Employment in Germany 7. Flexible Employment in the USA 8. Contingent Employment in The Netherlands 9. Conclusions: Contingent Employment in Europe and the Flexibility–Security Trade-off Index

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Book SynopsisHigher education is beginning to play an increasingly important role in the process of globalization, which promotes information technologies, development and diffusion of innovations and the ability of economies to benefit from rapid shifts in the production of goods, services, and ideas. In this volume the editors have brought together some of the most significant previously published academic papers describing how highly skilled graduate labour impacts on the economy. Topics covered include the economic benefits of higher education, student choice of subject and university, the technology of higher education, empirical research on the cost functions faced by universities, the funding and financing of university education, the market for higher education and how universities compete.In their scholarly introduction, the editors provide an overview of the volume and offer suggestions for future research in this field.Trade Review'The volume is well structured and will provide a good starting point for economists coming to the subject. . . the selection of papers is a good one for a showcase volume and the volume is a very good addition to the International Library of Critical Writings series.' -- Robert McNabb, Education Economics'The volume is indeed very rich with theoretical and analytical contributions made by as many as 64 front-line economists to various economic aspects of higher education. . . The Economics of Higher Education stands as a major contribution to the literature on economics of education, that one would desire to have in their bookshelf as a handy valuable reference volume. . .' -- Jandhyala B.G. Tilak, Journal of Educational Planning and Administration'. . . the authors have performed a very useful service for the academic community and for policymakers in bringing together such a comprehensive collection of papers; papers that either have or probably will stand the test of time.' -- John Mace, Higher Education Review'This book does pretty much what it says on the tin. It claims to be "an essential reference source for students, researchers and lecturers', and that is what it will be for anyone interested in current thinking on the economics of higher education. This is the one hundred and sixty-fifth volume in the International Library of Critical Writings in Economics: other disciplines and subject areas must jealously wish they were so well provided for. . . There is much of interest, and much to learn from, here.' -- Malcolm Tight, Studies in Higher EducationTable of ContentsContents: Acknowledgements Introduction Clive R. Belfield and Henry M. Levin PART I ECONOMIC BENEFITS OF HIGHER EDUCATION 1. Elchanan Cohn and John T. Addison (1998), ‘The Economic Returns to Lifelong Learning in OECD Countries’ 2. Mårten O. Palme and Robert E. Wright (1998), ‘Changes in the Rate of Return to Education in Sweden: 1968–1991’ 3. Russell W. Rumberger and Scott L. Thomas (1993), ‘The Economic Returns to College Major, Quality and Performance: A Multilevel Analysis of Recent Graduates’ 4. Dominic J. Brewer, Eric R. Eide and Ronald G. Ehrenberg (1999), ‘Does it Pay to Attend an Elite Private College? Cross-Cohort Evidence on the Effects of College Type on Earnings’ 5. Linda Datcher Loury (1997), ‘The Gender Earnings Gap Among College-Educated Workers’ 6. Kenneth J. Arrow (1973), ‘Higher Education as a Filter’ 7. David A. Jaeger and Marianne E. Page (1996), ‘Degrees Matter: New Evidence on Sheepskin Effects in the Returns to Education’ 8. Joop Hartog and Hessel Oosterbeek (1998), ‘Health, Wealth and Happiness: Why Pursue a Higher Education?’ 9. Charles I. Jones (1995), ‘R&D-Based Models of Economic Growth’ 10. Rebecca Henderson, Adam B. Jaffe and Manuel Trajtenberg (1998), ‘Universities as a Source of Commercial Technology: A Detailed Analysis of University Patenting, 1965–1988’ 11. Nancy Birdsall (1996), ‘Public Spending on Higher Education in Developing Countries: Too Much or Too Little?’ PART II STUDENT DEMAND AND STUDENT PREFERENCES 12. Donald E. Heller (1997), ‘Student Price Response in Higher Education: An Update to Leslie and Brinkman’ 13. Thomas J. Kane (1994), ‘College Entry by Blacks since 1970: The Role of College Costs, Family Background, and the Returns to Education’ PART III TECHNOLOGY AND PRODUCTION OF HIGHER EDUCATION 14. Michael Rothschild and Lawrence J. White (1995), ‘The Analytics of the Pricing of Higher Education and Other Services in Which the Customers are Inputs’ 15. Robert C. Dolan, Clarence R. Jung, Jr. and Robert M. Schmidt (1985), ‘Evaluating Educational Inputs in Undergraduate Education’ 16. Julian R. Betts and Darlene Morell (1999), ‘The Determinants of Undergraduate Grade Point Average: The Relative Importance of Family Background, High School Resources, and Peer Group Effects’ 17. Audrey Light and Wayne Strayer (2000), ‘Determinants of College Completion: School Quality or Student Ability?’ 18. William E. Becker, Jr. (1974), ‘The University Professor as a Utility Maximizer and Producer of Learning, Research, and Income’ 19. Marcia L. Bellas and Robert K. Toutkoushian (1999), ‘Faculty Time Allocations and Research Productivity: Gender, Race and Family Effects’ 20. Ronald G. Ehrenberg (1991), ‘Projections of Shortages’ 21. Michael R. Ransom (1993), ‘Seniority and Monopsony in the Academic Labor Market’ 22. Geraint Johnes (1999), ‘The Management of Universities: President’s Lecture Delivered at Annual General Meeting of the Scottish Economic Society 6-8th April 1999’ PART IV COSTS 23. John Robst (2001), ‘Cost Efficiency in Public Higher Education Institutions’ 24. Hooshang Izadi, Geraint Johnes, Reza Oskrochi and Robert Crouchley (2002), ‘Stochastic Frontier Estimation of a CES Cost Function: The Case of Higher Education in Britain’ 25. Elchanan Cohn, Sherrie L.W. Rhine and Maria C. Santos (1989), ‘Institutions of Higher Education as Multi-Product Firms: Economies of Scale and Scope’ 26. Halil Dundar and Darrell R. Lewis (1995), ‘Departmental Productivity in American Universities: Economies of Scale and Scope’ PART V FINANCING HIGHER EDUCATION 27. George Psacharopoulos (1982), ‘The Economics of Higher Education in Developing Countries’ 28. Nicholas Barr (1993), ‘Alternative Funding Resources for Higher Education’ 29. Cecilia García-Peñalosa and Klaus Wälde (2000), ‘Efficiency and Equity Effects of Subsidies to Higher Education’ 30. Ronald G. Ehrenberg and Daniel R. Sherman (1984), ‘Optimal Financial Aid Policies for a Selective University’ 31. Bruce Chapman (1997), ‘Conceptual Issues and the Australian Experience with Income Contingent Charges for Higher Education’ 32. Martin Feldstein (1995), ‘College Scholarship Rules and Private Saving’ 33. Claudia Goldin and Lawrence F. Katz (1998), ‘The Origins of State-Level Differences in the Public Provision of Higher Education: 1890–1940’ 34. John Creedy and Patrick Francois (1993), ‘Financing Higher Education: A General Equilibrium Public Choice Approach’ 35. Richard Jensen and Marie Thursby (2001), ‘Proofs and Prototypes for Sale: The Licensing of University Inventions’ PART VI MARKETS AND COMPETITION 36. Michael Rothschild and Lawrence J. White (1990), ‘The University in the Marketplace: Some Insights and Some Puzzles’ 37. Gordon C. Winston (1999), ‘Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education’ Name Index

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Book SynopsisMicrosimulation Modelling of Taxation and the Labour Market reports new research on behavioural microsimulation modelling of tax and transfer systems. Its aims are twofold. Firstly, the book discusses the rationale for the basic modelling approach adopted and provides information on econometric methods used to estimate behavioural relationships. Secondly, it describes the Melbourne Institute Tax and Transfer Simulator (MITTS) in detail, explaining its main features, installation and use.After providing a broad review of tax modelling, the authors review alternative approaches to the analysis of labour supply behaviour, discuss the main components of behavioural microsimulation models and present econometric results concerning wage functions and preferences. They go on to provide a detailed description of MITTS, which was constructed by the authors in order to examine the implications of tax reforms in Australia. Microsimulation Modelling of Taxation and the Labour Market will appeal to those with a special interest in the analysis of tax and transfer systems and labour supply behaviour.Table of ContentsContents: Preface Part I: Introduction 1. Introduction and Outline 2. Tax Modelling Part II: Estimation and Modelling 3. Wage Functions 4. Budget Constraints 5. Labour Supply 6. Labour Supply with Continuous Hours 7. Labour Supply of Single Persons 8. Household Labour Supply 9. The Quadratic Direct Utility Function Part III: The MITTS Model 10. Outline of MITTS 11. Installing MITTS 12. Using MITTS 13. Taxes and Benefits: March 1998 Bibliography Index

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Book SynopsisThe contributions to this timely volume explore the social implications of labour market reforms, and assess the complex relationship between the economic and non-economic aspects of labour institutions. The authors ascertain that labour market systems have important social dimensions, including social benefits and effects on psychological well-being and on social relationships. They go on to argue that the evaluation of reforms should take into consideration this social impact.The book examines the requirements for increased flexibility in contractual associations whilst maintaining social protection and job security. Using new utility criteria, guidelines for evaluating labour market and social protection system reform policies are recommended.It is argued that policy evaluations should consider whether social benefits are compatible with the increased flexibility demanded by the marketplace, taking into account the complex social and cultural rules which affect human behaviour, and the fact that individuals are concerned with issues such as fairness, status and the well-being of their fellow citizens. Policymakers involved in government, international institutions, professional associations for social work and labour relations, unions and employer federations will find this book to be a useful and fascinating read. It will also be of great interest to academics involved in labour economics, industrial relations and industrial economics.Trade Review'The merit of the book is that in just 150 pages it takes up the fundamental debate on the continued tension between the economic and the social dimension of employment. . . the volume is to be applauded for its achievement in posing the right questions necessary to discuss the social dimension of employment. Rather than providing definite and simplistic answers it guides the reader through the "state-of-the-art" and the relevant academic debates within labour and welfare economics and institutional economics.' -- Klaus Schomann, TransferTable of ContentsContents: Introduction: The Social Dimensions of Employment. Institutional Reforms in the Labour Markets 1. The Welfare State and Employment 2. Can Reform of the Employment Relationship Help Create Jobs? 3. The Social Dimensions of Labour Market Institutions 4. Recent Trends in Occupational Segregation by Gender: A Look Across the Atlantic 5. Well-being at Work Index

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Book Synopsis29 articles, dating from 1976 to 2000Trade Review’The well-written and informative introduction provides the context for the selected writings and a basis on which to evaluate the contents . . . This volume is likely to be most useful for the academic or research scholar who wants to get an assessment of the state of the affirmative action research in one place . . . it puts a wide array of literature at your fingertips.’ -- Margaret C. Simms, Feminist Economics’I would recommend this book to serious scholars and to graduate students interested in studying affirmative action or employment equity.’ -- Harish C. Jain, Relations Industrielles/Industrial Relations’Affirmative action programs are a unique social experiment, whose consequences deserve great attention in efforts to help disadvantaged groups. By gathering the best economic studies on affirmative action, this volume offers a valuable antidote to the ideological controversy that too often surrounds the subject. Evidence, not rhetoric, is needed, and here it is in one compendium.’ -- Richard Freeman, Harvard University, USTable of ContentsContents: Acknowledgements Introduction Harry J. Holzer and David Neumark PART I THEORETICAL EVALUATIONS OF AFFIRMATIVE ACTION 1. Finis Welch (1976), ‘Employment Quotas for Minorities’ 2. Shelly J. Lundberg (1991), ‘The Enforcement of Equal Opportunity Laws Under Imperfect Information: Affirmative Action and Alternatives’ 3. Stephen Coate and Glenn C. Loury (1993), ‘Will Affirmative-Action Policies Eliminate Negative Stereotypes?’ 4. Susan Athey, Christopher Avery and Peter Zemsky (2000), ‘Mentoring and Diversity’ 5. Andrew Schotter and Keith Weigelt (1992), ‘Asymmetric Tournaments, Equal Opportunity Laws, and Affirmative Action: Some Experimental Results’ PART II REDISTRIBUTIVE EFFECTS OF AFFIRMATIVE ACTION A Redistribution in the Labor Market 6. James J. Heckman and Kenneth I. Wolpin (1976), ‘Does the Contract Compliance Program Work? An Analysis of Chicago Data’ 7. Jonathan S. Leonard (1984), ‘The Impact of Affirmative Action on Employment’ 8. Jonathan S. Leonard (1984), ‘Employment and Occupational Advance Under Affirmative Action’ 9. James P. Smith and Finis Welch (1984), ‘Affirmative Action and Labor Markets’ 10. Jonathan S. Leonard (1990), ‘The Impact of Affirmative Action Regulation and Equal Employment Law on Black Employment’ 11. William M. Rodgers III and William E. Spriggs (1996), ‘The Effect of Federal Contractor Status on Racial Differences in Establishment-Level Employment Shares: 1979–1992’ B Redistribution in Education and Contracting 12. Cecilia A. Conrad and Rhonda V. Sharpe (1996), ‘The Impact of the California Civil Rights Initiative (CCRI) on University and Professional School Admissions and the Implications for the California Economy’ 13. Gregory Attiyeh and Richard Attiyeh (1997), ‘Testing for Bias in Graduate School Admissions’ 14. Maria Cancian (1998), ‘Race-based versus Class-based Affirmative Action in College Admissions’ PART III EFFICIENCY/PERFORMANCE EFFECTS OF AFFIRMATIVE ACTION A Efficiency/Performance Effects in the Labor Market 15. Jonathan S. Leonard (1984), ‘Antidiscrimination or Reverse Discrimination: The Impact of Changing Demographics, Title VII, and Affirmative Action on Productivity’ 16. Peter Griffin (1992), ‘The Impact of Affirmative Action on Labor Demand: A Test of Some Implications of the Le Chatelier Principle’ 17. Harry Holzer and David Neumark (1999), ‘Are Affirmative Action Hires Less Qualified? Evidence from Employer-Employee Data on New Hires’ 18. Harry J. Holzer and David Neumark (2000), ‘What Does Affirmative Action Do?’ 19. Brent S. Steel and Nicholas P. Lovrich, Jr. (1987), ‘Equality and Efficiency Tradeoffs in Affirmative Action – Real or Imagined? The Case of Women in Policing’ 20. John R. Lott, Jr. (2000), ‘Does a Helping Hand Put Others At Risk?: Affirmative Action, Police Departments, and Crime’ 21. Van W. Kolpin and Larry D. Singell, Jr. (1996), ‘The Gender Composition and Scholarly Performance of Economics Departments: A Test for Employment Discrimination’ 22. Joel C. Cantor, Erika L. Miles, Laurence C. Baker and Dianne C. Barker (1996), ‘Physician Service to the Underserved: Implications for Affirmative Action in Medical Education’ 23. David Neumark and Rosella Gardecki (1998), ‘Women Helping Women? Role Model and Mentoring Effects on Female Ph.D. Students in Economics’ 24. Brandice J. Canes and Harvey S. Rosen (1995), ‘Following in Her Footsteps? Faculty Gender Composition and Women’s Choices of College Majors’ B Efficiency/Performance Effects in Education 25. Stephen N. Keith, Robert M. Bell, August G. Swanson and Albert P. Williams (1985), ‘Effects of Affirmative Action in Medical Schools: A Study of the Class of 1975’ 26. Linda Datcher Loury and David Garman (1995), ‘College Selectivity and Earnings’ 27. Thomas J. Kane (1998), ‘Racial and Ethnic Preferences in College Admissions’ 28. William T. Dickens and Thomas J. Kane (1999), ‘Racial Test Score Differences as Evidence of Reverse Discrimination: Less than Meets the Eye’ C Efficiency/Performance Effects in Contracting 29. Timothy Bates and Darrell Williams (1995), ‘Preferential Procurement Programs and Minority-owned Businesses’ Name Index

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Book SynopsisDuring the past decade the issue of a general welfare double dividend (an improvement in environmental quality combined with a positive welfare effect) triggered by a tax shift from labour to energy resources has been extensively debated. In this book, Kurt Kratena studies the employment effects of revenue neutral tax shifts from labour to energy, and measures the impact on theoretical and empirical models of the European labour market.A common theoretical framework is devised to analyse the impact of environmental tax reform. Various 'labour market regimes' (competitive labour markets, union wage bargaining and efficiency wages) are derived and taken as the starting point for different specifications of the labour market. The theoretical outcomes of tax shifts in these different labour market regimes are then analysed and compared. The results reveal that whereas an econometric based multi-sectoral model yields significant double dividend effects, a general equilibrium model only finds employment double dividend effects. The book also highlights the potentially positive economic consequences of environmental tax reform such as a shift in demand from energy to non-energy goods.This book provides a concise appraisal of the general double dividend question combined with an innovative analysis of the employment double dividend effect. It utilises extensive empirical evidence and reveals the sensitivity of the various theoretical concepts surrounding the debate. This book will be of interest and relevance to academics in the fields of environmental economics, labour theory and fiscal studies.Trade Review'This is an excellent study which is to-the-point, well-argued and topical. The book addresses important issues for fiscal policy and mitigation of climate change, and complements other studies in the area, in that it emphasises the importance of assumptions about the workings of the labour market. This is a significant contribution to the literature.' -- Terry Barker, University of Cambridge, UK'This book relates to two lines of current research on environmental taxation: the renewed interest in environmental tax reform stimulated by the issue of sustainable development and the recently discovered link to employment policy and its relationship to different labour market regimes. As such, it is a very useful source for judging the arguments that have evolved over the past decade in the context of environmental tax reform. Because of the comprehensive approach that emphasises different theoretical perspectives and the importance of empirical modelling work, the book is a valuable contribution to the double dividend debate. Of particular value is the excellent presentation of the role of different labour market regimes which contains substantial innovative material.' -- Stefan P. Schleicher, University of Graz, AustriaTable of ContentsContents: Introduction 1. General Aspects of Environmental Tax Reform 2. Theoretical Assessment of Different Labour Market Regimes 3. Environmental Tax Reform in Different Labour Market Regimes: Theory 4. Environmental Tax Reform in Different Labour Market Regimes: Applications 5. Conclusions References Index

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Book SynopsisIn recent decades, the problem of unemployment has generated fierce political and academic discussion on how national governments should address this issue. This book sheds light on a key debate in unemployment policy - that of whether unemployment benefits should be insurance-based or means-tested. It carefully compares the impact of the British and German benefit systems on poverty, the duration of unemployment and the spread of workless households during the 1990s.In Germany unemployment is regarded as a risk which individuals insure themselves against through the state, whereas in Britain compensation for the unemployed is allocated primarily through means-tested benefits paid for from tax revenue. These contrasting welfare scenarios make this study of the differences in welfare provision and the effect on the lives of the unemployed especially valuable. The author combines an in-depth study of unemployment policies with extensive statistical analysis, to examine the experience over time of unemployed individuals and the households in which they live. In particular, she focuses on the important interactions between the state, labour markets and household structures. This book presents a large amount of new empirical material and employs an innovative methodology by applying event history analysis to social policy questions. Academics and policymakers working in the fields of unemployment, comparative welfare analysis and labour market sociology will welcome this rigorous and highly rewarding volume.Trade Review'. . . this is an important contribution to the comparative welfare state literature. It provides an excellent summary of the systems and contexts of welfare in both countries and it will in time come to serve as an important benchmark reminding us how different the welfare systems of Germany and Britain were prior to Hartz IV and the New Deal.' -- Claire Annesley, German Politics'One can only hope that policy makers will consider McGinnity's work as they ponder future policy changes. Without downplaying the role of individual decisions and cultural norms, McGinnity has more than proven her point that institutions matter. Her book provides a valuable benchmark for future research on changing unemployment policy regimes.' -- Jutta A. Helm, German Studies Review'Frances McGinnity has provided a major contribution to our understanding of the implications of welfare regimes for the experience of unemployment. Combining fine-grained institutional knowledge with methodologically sophisticated analysis of longitudinal data, she shows how German and British welfare institutions have very different implications for poverty risks, the duration of unemployment and the employment decisions of the partners of the unemployed. Over the next decade, comparative European research is likely to be a growth area. This study provides a model of how such research should be conducted.' -- Duncan Gallie, Nuffield College, University of Oxford, UK'The book establishes a landmark in the cross-national study of unemployment outcomes and makes an important contribution to our understanding of country differences in welfare provisions for the unemployed.' -- Hans-Peter Blossfeld, Bamberg University, GermanyTable of ContentsContents: Preface 1. Introduction 2. Comparing Labour Market Trends and the Composition of the Unemployed 3. Welfare for the Unemployed in Britain and Germany 4. Income Poverty Among the Unemployed 5. Comparing Durations of Unemployment 6. The Labour Force Participation of the Wives of Unemployed Men 7. Conclusions Appendix References Index

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Book SynopsisThis important book collects together Peter Nijkamp's work on spatial-economic markets, particularly housing and labour markets, and the increasing impact of information technology on mobility and the location of firms, residents and job seekers.The first part deals with applied modelling and theoretical advances in housing market dynamics and research. The papers address issues such as the implications of household dynamics for relocation decisions, migration movements in Europe, and the driving forces for migration decisions of ethnic groups. The second part focuses on the spatial labour market, dealing with recruitment channel and search channel choices by job seekers and firms, vacancy durations and the opportunities offered by ethnic entrepreneurship for improving the chances of ethnic groups. The third part comprises an analysis of spatial mobility flows and interaction patterns and the final part emphasises the scope and effect of information technology in transport. This includes the effect of real-time information on the behaviour of car drivers, the effect of telematics devices on public transport users, the importance of telematics for the freight transport sector and the adoption mechanisms of ICT users and their related policy implications.This collection will be essential reading for scholars and students interested in the housing and labour markets and the impact on both of developments in IT and transport.Table of ContentsContents: Preface Introduction Part I: Housing Markets and Migration 1. A Household Life Cycle Model for Residential Relocation Behaviour 2. Spatial Moving Behaviour of Two-Earner Households 3. Residential Search and Mobility in a Housing Market Equilibrium Model 4. International Migration in Europe: Overcoming Isolation and Distance Friction 5. Ethnic Entrepreneurship and Migration: A Survey from Developing Countries Part II: Labour Markets and Firms 6. Recruitment Channel Use and Applicant Arrival: An Empirical Analysis 7. Search Channel Use and Firms’ Recruitment Behaviour 8. Vacancy Dynamics and Labour Market Efficiency in the Dutch Labor Market 9. On the Endogeneity of Output in Dynamic Labour-Demand Models 10. In Search of Ethnic Entrepreneurship Opportunities in the City: A Comparative Policy Study Part III: Mobility and Spatial Interaction 11. Job Moving, Residential Moving, and Commuting: A Search Perspective 12. Time Pioneers and Travel Behavior: An Investigation into the Viability of ‘Slow Motion’ 13. Analysis of Travellers’ Satisfaction with Transport Chains 14. Estimation of Alonso’s Theory of Movements by Means of Instrumental Variables 15. A Comparative Analysis of the Performance of Evolutionary Algorithms and Logit Models in Spatial Networks Part IV: Transport and Information Technology 16. Variable Message Signs and Radio Traffic Information: An Integrated Empirical Analysis of Drivers’ Route Choice Behaviour 17. Advanced Telematics for Travel Decisions: A Quantitative Analysis of the Stopwatch Project in Southampton 18. Telematics and Freight Transport: A Dutch Case Study 19. Policy Support Strategies for the Adoption of Information and Communications Technology Index

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Book SynopsisCulture and the Labour Market attempts to define the meaning of culture and the nature of its possible consequences on economic processes and outcomes. In particular, the book examines alternative theoretical and empirical approaches to the economic analysis of cultural effects in the labour market. Using extensive new data from fourteen countries, the author finds tangible evidence of substantial cross-cultural differences in beliefs about wage inequality. To enhance the study, Siobhan Austen looks in detail at the meaning and importance of social norms, shared beliefs and attitudes throughout the world. She examines recent trends in wage disparity around the globe and relates these to changing beliefs about the legitimacy of inequality. The results reveal that cultural norms relating to wage disparity actually alter with the experience of high levels of inequality. Significantly, the analysis also indicates that cultural norms have the potential to modify certain economic outcomes such as the wage structure and level of unemployment.This comprehensive and highly original study of the economic influence of culture will be indispensable to labour and social economists. It will also be of value to academics working on labour market theory and policy, and the hitherto neglected link with culture.Trade Review'. . . I would definitely recommend the book as an excellent introduction to the economic analysis of culture, particularly to labour economists and other economists with research interests in behavioural and social economics.' -- Philip Bodman, The Journal of Industrial Relations'The book Culture and the Labour Market by Siobhan Austen is both unique and highly worth reading. At a time when economic analysis is, and has been, dominated by traditional or neo-classical theory, the argument made by Austen is quite refreshing. Its uniqueness is unquestionable; its applicability to current economic analysis beyond measure; and the passion which illuminates the research and writing is first-rate.' -- William T. Bagatelas and Bruno S. Sergi, South-East Europe Review'Culture and the Labour Market is a highly readable and innovative analysis of a difficult area of labour market research. It draws on a wide range of theoretical literature and produces interesting new empirical results based on extensive analyses of large-scale international surveys. In short, I can recommend it highly.' -- John Creedy, University of Melbourne, AustraliaTable of ContentsContents: Preface 1. Introduction 2. Culture and the Labour Market 3. Approaches to the Analysis of Cultural Effects in the Labour Market 4. A Model of the Relationship between Norms of Equity, Reference Level Norms and Skill-based Wage Differentials 5. Community Attitudes to Skill-based Wage Differentials 6. Norms of Equality and the Wage Structure in Fourteen Countries 7. Norms of Equality in a Changing World: Evidence from Six Countries 8. Norms of Need and Minimum Wages 9. Summary and Conclusion Bibliography Index

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Book SynopsisDuring the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does not seem to drive growth as effectively and has coincided with an apparent increase in wage inequality. This book provides explanations of these two characteristics of modern economies and analyses them from both an individual and integrated perspective.Richard Nahuis explores and combines the seemingly separate phenomena of wage inequality between high-skilled and low-skilled workers, and the relatively low productivity growth experienced by most countries. The author provides a number of alternative theories for the increase in wage inequality as a result of new technologies, combined with an extensive review of the associated literature. He goes on to detail the technological revolution, describe why this does not necessarily result in high productivity growth and outline the best methods to measure productivity in the new economy. This exhaustive exploration of productivity growth and wage inequality between high-skilled and low-skilled workers in the knowledge economy will be welcomed by economists and policymakers interested in the complex relationships between labour markets, innovation and technical change.Trade Review'In Knowledge, Inequality and Growth in the New Economy, Richard Nahuis succeeds in explaining different empirical trends from a common theoretical perspective. It is convincingly shown that the wage gap between skilled and unskilled workers and the productivity paradox related to the spread of computers can be explained by the introduction of a so-called general purpose technology. Working through the models is like undertaking a voyage of discovery with many beautiful sites. References to statistics and measurement problems serve as a compass to keep track of the real world. The rich content and the analytical skills of the author make reading and studying the book highly rewarding.' -- Theo van de Klundert, Tiburg University, Groningen University and CPB Netherlands Bureau for Economic Policy Analysis, The Netherlands'This is a well written, rigorous and useful book, tackling a very interesting issue; the economics of innovation in advanced industrial countries. It provides a clear analysis of the impact of the IT revolution on productivity and wage equality, and presents the arguments and conclusions in a comprehensive manner. The author demonstrates convincingly why new technology may lead to increasing wage inequality, nationally and internationally. There is a lot of interest in the effects of the IT revolution but none of the existing works deal with the underlying economic theory as well as Richard Nahuis.' -- The late Sanjaya Lall, Oxford University (at the International Development Centre at Queen Elizabeth House), UKTable of ContentsContents: Part I: Introduction 1. Knowledge and Economic Growth: General Introduction and Outline 2. On Technology, Trade and Wage Inequality: A Survey Part II: Theory 3. A GPT in a Research and Assimilation Model: Exploring Wage Dynamics (I) 4. We Don’t See What We Learn: The Solow Residual, a GPT and Inequality 5. Vested Interests and Resistance: Adopting a General Purpose Technology 6. The Skill Premium and Appropriability: Exploring Wage Dynamics (II) 7. Specific Technology, Variety, Spillovers and Welfare Part III: Empirical Applications 8. Economic Development and Trade in the World Economy: Introducing WorldScan 9. Openness, Growth and R&D Spillovers: An R&D-Amended Version of WorldScan References Index

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Book SynopsisWhat is the potential of the new information and communication technologies? This book assesses the relationship between technological change and employment in all its dimensions, focusing on contemporary economies in Europe.The authors discuss patterns of growth, and the type of employment that countries might expect to be created following the introduction of these new technologies. Also analysed is the extent to which firms should adjust to more favourable production and distribution patterns. Institutional change is another issue addressed in detail as this encompasses the organisation of working time, systems of education and innovation and the welfare state. The final section of the book addresses the future of European employment not only from the competitive position of Europe in a global economy but also the new societal and demographic contexts that will challenge European economies in the future.Technology and the Future of European Employment ends with an overview of the many policy priorities that European societies will have to address. As such, this book will be of interest to scholars of economics, sociology and politics as well as those involved in European studies, technology and innovation, and labour economics. Civil servants in relevant national departments and organisations will also find the book of interest and value.Table of ContentsContents: Introduction Part I: Long-term Structural Changes Part II: Sectoral Changes and Demand Part III: Changes in Organization and Distribution Part IV: Institutional Change Index

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Book SynopsisOvereducation is one of the most important mechanisms for labour market adjustment when there is an excess supply of highly skilled workers. However, there is much debate about the consequences of this phenomena and the short- and long-term effects for both the overeducated worker and the economy as a whole. This book contributes to our understanding of recent developments in the research on overeducation by providing a detailed overview of the pertinent theoretical and policy issues. The authors study evidence that a substantial number of workers in Europe are overqualified and challenge the wisdom of greater investments in the education of the workforce. Although it may appear a waste of resources if many workers have a higher level of education than their job requires, others argue that overeducation may actually facilitate the development of a competitive and dynamic knowledge-based economy in Europe. They move on to look at labour mobility and skill mismatches in the labour market, and examine the impact of overeducation on earnings. They also address the somewhat controversial issue of how to measure employee overqualification, and propose an income ratio based on the difference between actual and potential earnings as an effective approach. Finally, they look at the effect of overeducation on specific groups in society such as licensed professionals, university graduates and ethnic minorities. Economists, social scientists, and academics interested in labour market theory and policy will find this an insightful and original volume which will make an important addition to the literature on overeducation.Trade Review'This is a laudable objective and researchers in this field will surely find this book of great interest. . .' -- Arnold Chevalier, Education EconomicsTable of ContentsContents: Preface Introduction 1. The Overeducated European? 2. Much Ado About Nothing? What Does the Overeducation Literature Really Tell Us? Part I: Mobility 3. The Dynamics of Skill Mismatches in the Dutch Labour Market 4. Types of Job Match, Overeducation and Labour Mobility in Spain Part II: Wages 5. The Causal Effect of Overqualification on Earnings: Evidence from a Bayesian Approach 6. The Impact of Education and Mismatch on Wages: Germany, 1984–2000 7. Overeducation and Individual Heterogeneity Part III: Measurement 8. Measuring Overeducation with Earnings Frontiers and Panel Data Part IV: Special Groups 9. Credentialism by Members of Licensed Professions 10. The Determinants and Consequences of Graduate Overeducation 11. Educational Mismatch and Ethnic Minorities in England and Wales Index

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Book SynopsisThis book takes a fresh look at professions - their history and sociology, and at the nature both of professional practice and professional competence. Based on research by the authors across 20 varied professions, the book offers an innovative model of professional competence and throws new light on how competence is acquired. It identifies a range of informal learning processes, which seem to be just as important to becoming competent as formal training. As a result, the authors suggest a paradigm of professional development that combines informal and formal learning and also brings together academic and competence-based approaches.Professions, Competence and Informal Learning provides practical advice to professional developers on programme design as well as tips for individual professionals on how to exploit their informal learning opportunities. It draws on the research to forecast the future skills needs of professionals and suggests how professional development programmes may need to change in response.The book should be of value to anyone who is interested in professional competence, whether as a professional educator or developer, or as an individual professional. It is also potentially of use to trainers and educators in non-professional areas, especially those with an interest in informal learning.Trade Review'It is a very good read. . . This book ought to appeal to a diverse readership: Those simply interested in their place in society as professionals and wishing to further develop themselves, those for whom the development of other professionals is their own professional interest, and those with an academic interest in the development of professions and the changing nature of employment. It pulls together a wide range of material, both theoretical and empirical, in a very readable and ultimately practical form.' -- Chris Alder, Personnel Review'The book provides an in-depth synthesis of continuing professional development (CPD) and adult learning literature. It brings into focus a myriad of published work from disparate sources . . . One test of the perceived value of a book such as this is "would I want to keep it on my bookshelf and will I use it?" Professions, Competence and Informal Learning will have a place on my bookshelf.' -- Leadership in Health Services'This book offers clear and informative accounts of the history of professions, theories of professional competence and learning, and the debates surrounding continual professional development, interwoven with carefully described empirical research which allows an insight into the perceptions and experiences of professionals themselves. It is a fascinating and useful book, which will appeal especially to those concerned with designing and running professional development programmes and, perhaps more importantly, to individual professionals who wish to understand and improve their own learning experiences.' -- Continuing Professional Development Spotlight'I highly recommend this book to HRM-professionals within all organizations; this book is an advanced HRD-source for the 21st century.' -- Celeste Wilderom, University of Twente, The NetherlandsTable of ContentsContents: Preface Part I: History and Sociology of Professions 1. When is a Job a Profession? 2. Once upon a Time: A Brief History of Professions 3. Here and Now: Professions in the Twenty-first Century Part II: Nature of Professional Competence and Professional Practice 4. Competence: A Problematic Concept? 5. Figuring it Out: Modelling Professional Competence 6. Ringing the Changes: Testing and Revising the Professional Competence Model 7. Professional Competence – Through the Eyes of Professionals 8. Practice Makes Perfect: How Professionals Do What They Do Part III: Professional Development – Theory and Practice 9. Learning in Theory: A Look at Learning Theories of Relevance to Professional Development 10. Beyond Competence: From Novice to Expert in Professional Practice 11. That’s the Way to Do It: A Critical Look at Some Techniques used in Developing Professionals 12. Learning in Practice: How Professionals Learn Informally 13. Making the Best of it: Maximising Informal Learning within Professional Development Programmes 14. Do it Yourself: Getting the Most from Your Learning Opportunities Part IV: Beyond the Here and Now 15. Learning is Lifelong: A Look at Continuing Professional Development 16. Over There: International Issues in Professional Development 17. Over the Horizon: Where are Professions Heading? References Index

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Book SynopsisKeynesian economists have continually highlighted the crucial role of effective demand and capital investment in determining the level of unemployment. However, this vital insight has been conspicuous by its absence in recent mainstream debates on the causes of the rise of unemployment in Europe. The dominant explanation of unemployment - the NAIRU theory - implies that wages are 'too high' and holds changes in labor market institutions responsible for the rise in unemployment. Given that wage shares have been falling for more than two decades and unemployment rates have remained high, it is surprising that this explanation has yet to be properly challenged. This book offers a long overdue and refreshing Keynesian approach to the rise of European unemployment. It critically discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor market institutions. The author also explores the reasons for the slowdown in capital accumulation, and is able to establish a clear link between changes in the financial sector, changes in corporate governance and investment expenditures.This insightful theoretical and empirical analysis of mainstream and heterodox approaches to unemployment deserves a wide readership amongst academics, economists, graduate students and policymakers in the fields of labour market theory and policy, post Keynesian economics and macroeconomics. It will also make a substantial contribution to the on-going and highly pertinent debate on the economic, political and social problem of unemployment.Trade Review'. . . convincingly challenges the mainstream explanation of unemployment in EU . . . also offers a coherent Keynesian story.' -- oslem Onaran, EAEPE Newsletter'Engelbert Stockhammer effectively punctures the myth that high unemployment in Europe is mainly the result of rigid labour market institutions and generous social policies. The author revives a Keynesian perspective by using innovative theoretical models and careful statistical analysis to show that Europe's high unemployment rates have been caused mainly by depressed aggregate demand (especially reduced capital investment) rather than by labour market rigidities or high real wages. He argues that the root causes of Europe's high unemployment are found in its liberalized financial system and restrictive macroeconomic policies, and he suggests a new policy approach that could address Europe's most pressing social problem.' -- Robert A. Blecker, American University, US'This book provides a long-awaited extension of the Kaleckian growth model, by explicitly considering the evolution of the rate of unemployment. The author provides a neat framework that compares the features and implications of the New Keynesian NAIRU model with those of the closely related post Keynesian theory of conflict inflation. He shows that the long-run rate of unemployment in the post Keynesian approach always depends on effective demand, in contrast to what occurs in the standard NAIRU approach, where it only depends on supply-side factors such as rigid labour markets. The framework is also used to provide empirical tests of the two major explanations of the rise of unemployment in Europe. Engelbert Stockhammer presents highly useful theoretical tools and empirical arguments for those who wish to object to "conventional wisdom" on labour and employment issues and policies. He gets us one step closer towards a synthesis of various heterodox traditions, linking in particular the Keynesian and the Marxist strands.' -- Marc Lavoie, University of Ottawa, Canada, and University of Paris 13, France'Engelbert Stockhammer challenges the NAIRU story of European unemployment and the view that institutional rigidity is the cause of Europe's economic slowdown. He presents a convincing (post) Keynesian approach which combines innovative theoretical reasoning with up-to-date empirical research. According to this view, European stagnation is due to effective demand problems, in particular to a slowdown of capital accumulation caused by the "financialization" of non-financial firms and changing management priorities under the conditions of liberalized financial markets. These are the problems European policy makers should tackle instead of further pursuing a path towards deregulation.' -- Eckhard Hein, Institute for Economic and Social Research, GermanyTable of ContentsContents: 1. The Rise of Unemployment in Europe: A Synopsis 2. Profits and Unemployment: Is There an Equilibrium Rate of Unemployment in the Long Run? 3. The NAIRU Theory, the NAIRU Story and Keynesian Approaches 4. Explaining the Rise in European Unemployment: An Evaluation of the NAIRU Story and a Keynesian Approach 5. Financialization, Shareholder Value and the Theory of the Firm: Financialization and Management Priorities 6. Financialization and the Slowdown of Capital Accumulation 7. Policy Conclusions References Index

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Book SynopsisInstitutions and Wage Formation in the New Europe addresses the role played by institutions in European wage formation with a focus on EMU and institutional change in labour markets. Under this general heading there are three broad but distinct themes. The first emphasises the role of institutions in affecting the dispersion of wages across occupational, age, skill, and industry and employment contract categories. The contributors make clear the profound effect that European institutions can have in influencing, and in most cases compressing, such pay differentials with consequent implications for the employment prospects of certain segments of the labour force. The second theme is the explanation for recent wage moderation in Europe. The contributions under this theme stress the role of developments in the bargaining systems of European countries and the presence of a number of temporary or specific factors, which have helped to bring about pay moderation. The final theme is the extent to which institutions are changing within Europe in the light of EMU and the adoption of new business practices.This book will appeal to academics with an interest in labour markets and EMU issues, and also industrial relations specialists with an interest in institutional topics.Trade Review'This publication provides an overall view of wage-setting systems in Europe, as well as some interesting insights into specific issues such as the reservation wage, the situation of fixed-term contract workers, and wage developments in Germany, Italy and Britain.' -- Emmanuel Mermet and Ronald Janssen, TransferTable of ContentsContents: Introduction 1. Is European Wage-setting Different? Evidence from the Occupational Wages Around the World Data File 2. What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data 3. Labour as a Buffer: Do Temporary Workers Suffer? 4. Moving from the External to an Internal Labor Market: Job Tenure, Cycle and Wage Determination 5. Wage Developments in the Early Years of EMU 6. Wage Formation in the Italian Private Sector After the 1992–93 Income Policy Agreements 7. A Widening Scope for Non-wage Components in Collective Bargaining in the EU? 8. Aggregation and Euro Area Phillips Curves 9. Wage Flexibility in Britain: Some Micro and Macro Evidence 10. Centralized Bargaining and Reorganized Work: Are they Compatible? 11. The Impact of Active Labour Market Policies in Europe Index

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Book SynopsisThe dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue sovereign, independent economic policies. At the same time, it is widely assumed that the loss of monetary-policy control is a major opportunity cost for a country adopting a rigid exchange-rate regime or, in the European context, for countries joining the EMU.This book sheds light on these arguments by examining the relationship between the international integration of domestic money markets and the degree of monetary-policy independence in eleven small, open economies in Europe. The authors address these important issues in the context of a broad-based historical analysis of market formation and growth, exchange-rate policies and deregulation. They find that political motives, in conjunction with competitive forces, path dependence and institutional factors, are a major determinant of market development. Moreover, they reveal that credible commitment to a stability goal is a far more reliable predictor of monetary-policy autonomy than the adoption of a specific exchange-rate regime.This accessible investigation of the relationship between domestic money-market development, international financial integration and the monetary-policy options available to small, open economies will be welcomed by students and researchers of macroeconomics, financial economics and political economy. The extensive empirical research and original conclusions will also be of interest and benefit to corporate decisionmakers, bankers, policymakers and regulators.Trade Review‘Money Markets and Politics offers a bounty of comparative, cross-national statistics that document important money market developments in these eleven countries. The authors have gone to great lengths to present a consistent set of data over a broad range of areas, during a time of remarkable turmoil and change.' -- Jonathon W. Moses, Scandinavian Journal of Economic History'This topical book is a valuable contribution, providing interesting and detailed analyses of the developments in financial, monetary and foreign exchange markets across countries, as well as more sophisticated sections that use empirical tools for exploration and modelling. The originality of the approach chosen for the analysis, the diversity of the topics covered and the breadth of the information collected are clearly the book's primary strength.' -- Natalie Chen, Transnational Corporations'The book provides a lucid, painstaking, and insightful analysis of the potentiality for small European "policy taking" countries to conduct monetary policy independently in an era of globalising money markets.' -- Andrew W. Mullineux, SUERF Newsletter'These eleven small, open economies teach us a great deal about the behaviour of money and financial markets. This volume sets the standard for investigating them. Any future serious work must take account of this book and build on it.' -- Richard J. Sweeney, Georgetown University, USTable of ContentsContents: Preface 1. Introduction 2. Background Indicators of Economic and Financial Development and Integration 3. Money Market Formation and Transformation 4. Money Market Development and Monetary Policy Operations 5. External Arrangements: Exchange Rate Regimes and Capital Controls 6. Measuring Capital Mobility: The Degree of Direct Money Market Integration 7. Monetary Policy Autonomy under Different Institutional Regimes 8. Money Market Development and Monetary Policy Options: Concluding Remarks References Index

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Book SynopsisOffering a diverse set of contributions to current social contracting research, The Social Institutions of Capitalism illustrates how social contracts necessarily underlie and facilitate all forms of capitalist production and exchange.The editors bring together novel contributions from fields as diverse as economics, evolutionary game theory, contract law, business ethics, moral philosophy and anthropology to offer multifaceted but subtly intertwined perspectives on fundamental questions concerning human cooperation.This interdisciplinary book, with articles written by academics who are widely known and respected in their respective fields, will be of great value to those interested in political theory, moral philosophy and business ethics.Trade Review'Heugens, van Oosterhout and Vromen have pulled together a diverse set of ideas around a common theme, social contract theory, that provides a useful underpinning for our ideas about what makes societies work in the ways that they do. Rather than attempting to integrate ideas from scholars of game theory, contract law, organizational theory, economic philosophy and business ethics, moral, and political philosophy, they outline a common framework on which these disparate ideas all cohere. Fundamentally, the editors suggest that for a social contract to be practical and workable, we as people living in societies have to agree to the underlying values and norms within a particular social contract as rational and reasonable agents. This type of synthesis provides a helpful framework for understanding what the limits and boundaries of social contract theory are and should be useful to thinkers in all of the domains covered by the authors in the book.' -- Sandra Waddock, Boston College, US'I have read the introduction of The Social Institutions of Capitalism with great pleasure. This book about contractarian theories provides deep insights into the foundations of economic systems and organizations like firms. Fundamental questions about why individuals would accept authority, about the behavioural assumptions in modern economic theory and about the foundation of the institutional fabric of society are very profoundly discussed by leading experts in the field.' -- John Groenewegen, Erasmus University Rotterdam, The NetherlandsTable of ContentsContents: 1. Social Contract Theories: E Pluribus Unum? 2. Stable Social Contracts 3. The Relational Constitution of Contractual Agreement 4. The Foundations of Trust 5. Economics and the Social Contract 6. Social Contracts, Sic et Non 7. Sources of Normativity: Reflectivity versus Social Contracting 8. Justice-Conventionalism, Justice-Platonism and the Social Contract Index

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Book SynopsisMoving Towards the Virtual Workplace provides the first comprehensive overview of the many impacts of telework/telecommuting adoption, from both a managerial and societal perspective. This book argues that telework will be increasingly adopted in the twenty-first century, representing a far-reaching move toward the virtual workplace, with dramatic implications for the management of the workforce and for society at large.Telework, like mass production, has the potential to change society. It permits the significant reduction of the spatial and temporal constraints faced by the conventional organization of the workplace. The new virtual workplace constitutes a key step in the evolution towards a virtual society.In order to realistically assess telework's diffusion potential, the book studies, both conceptually and empirically, the technological, institutional, organizational and individual-level parameters that influence the decision to adopt telework, and the likelihood of telework's success.The book concludes that telework can have enormous socioeconomic impacts, both as a macro-level tool, reducing road transport externalities, and as a managerial instrument to motivate highly skilled workers in knowledge-based industries. As such this fascinating book will be invaluable to scholars of management, transport, economics and industrial and union relations. The telework and business community, both scholarly and practical will also find the book of great interest.Trade Review'This book is a first of its kind. It goes right to the heart of he issue of the extent to which telework is a substitute for travel and whether it is a more defensible policy tool for managing congestion than, for example, road pricing. This is a must read for those in both the transportation policy and management and the telecommunications policy arenas.' -- Roger R. Stough, George Mason University, US'There are clearly changes taking place in the way work is viewed and is being conducted. This research monograph looks at how these changes are affecting travel behavior at the micro level and, with this, highlight the economic and social implications of these changes. Its arguments are founded on a careful empirical analysis of behavior and attitudes of individuals and companies. This allows more detailed assessment of key links between travel and work-place choices than is often the case. The book will inevitably be of considerable interest to those concerned with urban development, transport efficiency and environmental protection.' -- Kenneth Button, George Mason University, USTable of ContentsContents: 1. Introduction 2. A Societal Perspective on Telework 3. A Managerial Perspective on Telework Adoption: Target Group Implementation 4. A Managerial Perspective on Telework Adoption: Parameters Affecting the Employer’s View 5. A Managerial Perspective on Telework: Parameters Affecting the Employee’s View 6. A Societal Perspective on Telework: The Alleviation of Road Transport Externalities Appendices References Index

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Book SynopsisThe first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe.As with all books in this series, Institutions, Innovation and Growth offers cutting edge research that is relevant to the world in which we live. It will be essential reading for scholars, policymakers and interested readers concerned with the economic challenges facing Europe in the twenty-first century.Trade Review'The book contains an impressive collection of essays addressing the 'deeper causes' of economic growth, including of course technological and organisational factors. The analyses are inspiring and sometimes appropriately controversial. The contributions offer suggestive links between the economies of innovation and institution-centred interpretations.' -- Giovanni Dosi, St Anna School of Advanced Studies, Pisa, Italy'While interest in innovation and economic growth has exploded in the economics literature in recent years, the role of institutions has been largely overlooked. With publication of this book, Jean-Philippe Touffut brings together a leading group of international scholars to provide a path-breaking rigorous analysis of the links between institutions, innovative activity and economic growth. The conclusions from the volume are unequivocal - not only do institutions matter in shaping economic growth, but also their impact can be understood in a systematic and predictable manner.' -- David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany'This book contains informed and informing contributions by noted scholars on innovation and growth - surely the most critical topics for economic welfare in the long run. The essays will be most satisfying to students and others seeking greater relevance in the analytic materials of our literature.' -- William J. Baumol, New York University, US and Princeton University, USTable of ContentsContents: Preface Introduction by Robert M. Solow 1. The Transformation of Corporate Organization in Europe: An Overview 2. Adapting European Labour Institutions to Global Economic and Technological Change 3. Activating Labour Market Policy: ‘Flexicurity’ Through Transitional Labour Markets 4. Transnational Technical Communities and Regional Growth in the Periphery 5. The Mechanisms of Information Technology’s Contribution to Economic Growth 6. Empirical Estimates of the Relationship Between Product Market Competition and Innovation 7. Cooperation, Creativity and Closure in Scientific Research Networks: Modelling the Dynamics of Epistemic Communities 8. The Diversity of Social Systems of Innovation and Production During the 1990s 9. An Overview of Sustainable Forms of Growth: The Economic Institutions of a European Model Index

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Book SynopsisThe first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe.As with all books in this series, Institutions, Innovation and Growth offers cutting edge research that is relevant to the world in which we live. It will be essential reading for scholars, policymakers and interested readers concerned with the economic challenges facing Europe in the twenty-first century.Trade Review'The book contains an impressive collection of essays addressing the 'deeper causes' of economic growth, including of course technological and organisational factors. The analyses are inspiring and sometimes appropriately controversial. The contributions offer suggestive links between the economies of innovation and institution-centred interpretations.' -- Giovanni Dosi, St Anna School of Advanced Studies, Pisa, Italy'While interest in innovation and economic growth has exploded in the economics literature in recent years, the role of institutions has been largely overlooked. With publication of this book, Jean-Philippe Touffut brings together a leading group of international scholars to provide a path-breaking rigorous analysis of the links between institutions, innovative activity and economic growth. The conclusions from the volume are unequivocal - not only do institutions matter in shaping economic growth, but also their impact can be understood in a systematic and predictable manner.' -- David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany'This book contains informed and informing contributions by noted scholars on innovation and growth - surely the most critical topics for economic welfare in the long run. The essays will be most satisfying to students and others seeking greater relevance in the analytic materials of our literature.' -- William J. Baumol, New York University, US and Princeton University, USTable of ContentsContents: Preface Introduction by Robert M. Solow 1. The Transformation of Corporate Organization in Europe: An Overview 2. Adapting European Labour Institutions to Global Economic and Technological Change 3. Activating Labour Market Policy: ‘Flexicurity’ Through Transitional Labour Markets 4. Transnational Technical Communities and Regional Growth in the Periphery 5. The Mechanisms of Information Technology’s Contribution to Economic Growth 6. Empirical Estimates of the Relationship Between Product Market Competition and Innovation 7. Cooperation, Creativity and Closure in Scientific Research Networks: Modelling the Dynamics of Epistemic Communities 8. The Diversity of Social Systems of Innovation and Production During the 1990s 9. An Overview of Sustainable Forms of Growth: The Economic Institutions of a European Model Index

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Book SynopsisOrganisations and the nature of work have undergone fundamental changes in recent decades. At the same time, the traditional family pattern in Europe is being challenged by the growing number of dual-income families, and by the rise of women's employment. The central aim of this book is to consider to what extent changes in organisations and in the nature of jobs are compatible with the need, increasingly expressed by employees, for greater integration between work and family life. The book questions what sort of dilemmas modern and future employees face, in terms of shaping their careers and organising their lives at home. The authors formulate answers to these problematic questions by shedding light on relevant developments in the European labour markets, the European workplaces, in (flexible) working patterns, changing preferences for working hours and in gender relations at work.With a focus on future developments, this book will be of interest to labour market researchers and social policymakers in Europe, and also students in the social sciences, management (HRM) and social policy.Trade Review‘Flexible Working and Organisational Change offers an interesting variety of studies. . . I am confident that the book will appeal to a large group of readers. Readers looking for stat-of-the-art research on topics such as changes in employment patterns, gender issues, working time preferences, leave facilities, tele-working or flexible working will certainly find the book to their taste.' -- Samula Mescher, Industrial Relations JournalTable of ContentsContents: Preface Part I: Change in a European Context 1. Introduction 2. Work and Family Life in Europe: Employment Patterns of Working Parents Across Welfare States 3. Organisational Change, Gender and Integration of Work and Private Life 4. New Working Arrangements and Organisational Change in the Netherlands 5. Occupational Sex Segregation and Societal Change Part II: Flexible Working 6. Gender Equality and the Work–Life Balance: Policies and Practices in the New Economy 7. Flexibillisation, Deregulation and Working Time: A Gendered Question: Evidence from Spain 8. Long-term Effects of Flexible Work Part III: Working Time, Leave Facilities and Teleworking 9. Employers’ and Employees’ Preferences on Working Time in Finland 10. Do Dutch Employees Want to Work More or Fewer Hours Than They Actually Do? 11. Internal and External Career Aspirations of Men and Women Within their Organisations 12. Assessing the Use of Parental Leave by Fathers: Towards a Conceptual Framework 13. IT and Telework Part IV: The Integration of Work and Personal Life 14. Looking Backwards to go Forwards: The Integration of Paid Work and Personal Life 15. Flexible Work and Organisational Change from a European Perspective: Challenges for Future Research Index

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Book SynopsisWorker Displacement in the US/Mexico Border Region provides a comprehensive analysis of the social and economic impact of worker displacement in border communities. The contributors - experts from a variety of fields - evaluate the consequences of displacement on individuals, families and communities from various interdisciplinary perspectives. Issues that arise as a result of job displacement, such as health, training and education, are explored in-depth.The US/Mexico border region is one of the poorest areas of the United States. As such, it is of great interest to those looking for approaches that can be adopted to help this and similar populations reduce their poverty. The book provides a rich picture of the policy challenges involved in addressing the needs of border communities. Also examined is the role of, and effects on, the US economy.This volume will be of particular interest to students, researchers and policymakers concerned with gaining a better understanding of the health, training and education needs of the US/Mexico border population. Anyone interested in international trade, economics, labor or migration will find the interdisciplinary nature of the book appealing.Trade Review'An interesting, interrelated mixture of descriptive and empirical analyses, case studies, and theoretical modeling that relates to a timely and important issue that is of considerable policy interest. . . The book reads well and is accessible without a high degree of technical ability. It would be of interest to most researchers focusing on job displacement and would be appropriate even at the advanced undergraduate level.' -- Roger White, Labor Studies JournalTable of ContentsContents: Foreword Preface 1. Introduction 2. Labor and Demographic Challenges of the US/Mexico Border Region 3. Worker Displacement in the Texas/Mexico Border MSAs: Evidence from the Current Population Survey 4. The Economic Impact of Worker Displacement in the US/Mexico Border Region 5. The Social Costs of Worker Dislocation in a South Texas Border Environment 6. Health and Job Displacement: The Case of Garment Manufacturing Workers on the US/Mexico Border 7. Human Capital Investments and Displaced Workers in South Texas 8. A Workforce Development–Instructional Systems Design (WFD-ISD) Model for Border Displaced Workers 9. A Forecasting Model for Border Job Displacement in Texas Index

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Book SynopsisThe past few decades have witnessed a global move towards private provision for retirement through individual defined contribution pensions at the expense of publicly provided and employer-sponsored defined benefit pensions. As a consequence, workers and retirees are becoming increasingly exposed to uncertainties in financial, labour and economic markets. The contributors to this book analyse the implications for retirement income policy, workers and retirees in view of the current climate of heightened exposure to scary markets.The implications of a broad range of scary market scenarios are presented, and novel solutions prescribed. Retirement incomes across a number of countries including the US, the UK, Japan and Australia are explored, and uncertainties examined include: extreme stock price volatility; discontinuous labour market participation; and regulatory failure and macroeconomic instability. Concluding with the observation that regulatory reforms could be almost as scary as the underlying macroeconomic conditions, this book will prove a fascinating read for scholars, researchers, practitioners and policymakers with an interest in pensions and pension policy, financial economics and public sector economics.Table of ContentsContents: Preface 1. Introduction Hazel Bateman 2. Who’s Afraid of the Big Bad Bear? Or, Why Investing in Equities for Retirement is not Scary and Why Investing without Equities is Scary Ronald Bewley, Nick Ingram, Veronica Livera and Sheridan Thompson 3. Assessing the Risks in Global Fixed Interest Portfolios Geoffrey Brianton 4. The Role of Index Funds in Retirement Asset Allocation David R. Gallagher 5. Retirement Wealth and Lifetime Earnings Variability Olivia S. Mitchell, John W.R. Phillips, Andrew Au and David McCarthy 6. How Have Older Workers Responded to Scary Markets? Jonathan Gardner and Mike Orszag 7. Financial Engineering for Australian Annuitants Susan Thorp, Geoffrey Kingston and Hazel Bateman 8. Smoothing Investment Returns Anthony Asher 9. Ansett’s Superannuation Fund: A Case Study in Insolvency Shauna Ferris 10. Pension Funds and Retirement Benefits in a Depressed Economy: Experience and Challenges in Japan Masaharu Usuki 11. The Structure and Regulation of the Brazilian Private Pension System Flávio Marcílio Rabelo Index

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Book Synopsis'. . . the volume constitutes an important collection, which portrays the evolution of the Phillips Curve and the potency of policy debates in a single canvas in an elegant and comprehensive manner. The gaps that seem to have remained may be remedied by the editors in the form of a companion volume discussing open economies and global interdependence. The production quality and editing of the book are also excellent. . .'- Biswajit Chatterjee, Indian Society of Labour Economics This authoritative three-volume collection provides a comprehensive anthology of many of the most important and influential articles written since the publication of Phillips' 1958 study - the most-cited macroeconomic paper published in the 20th century. Along with an original introduction by the editors, the papers evaluate the original contribution and place it in its historical context. The works also discuss the strengths and weaknesses of the New Classical critique and the expectations augmented Phillips Curve that resulted from it, and critique the part played by the 'New Keynesian Phillips Curve' in the New neo-Classical Synthesis that has emerged in macroeconomics. This indispensable volume will be of immense value to students, scholars and practitioners interested in the field of economics, and the Phillips Curve in particular.Trade Review‘. . . the volume constitutes an important collection, which portrays the evolution of the Phillips Curve and the potency of policy debates in a single canvas in an elegant and comprehensive manner. The gaps that seem to have remained may be remedied by the editors in the form of a companion volume discussing open economies and global interdependence. The production quality and editing of the book are also excellent.’ -- Biswajit Chatterjee, Indian Society of Labour EconomicsTable of ContentsContents: Volume I Acknowledgements Introduction Essay: The History, Significance and Policy Context of the Phillips Curve Richard G. Lipsey and William Scarth PART I PRECURSORS 1. Thomas M. Humphrey (1985), ‘The Early History of the Phillips Curve’ 2. Irving Fisher (1926), ‘A Statistical Relation between Unemployment and Price Changes’ PART II THE ORIGINAL PHILLIPS CURVE AND ITS CRITICS 3. A.W. Phillips (1958), ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957’ 4. Richard G. Lipsey (2010), ‘The Phillips Curve’ 5. K.G.J.C. Knowles and C.B. Winsten (1959), ‘Can The Level of Unemployment Explain Changes in Wages?’ 6. Guy Routh (1959), ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates: A Comment’ 7. 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’ 8. James M. Holmes and David J. Smyth (1970), ‘The Relation between Unemployment and Excess Demand for Labour: An Examination of the Theory of the Phillips Curve’ 9. Richard G. Lipsey (1974), ‘The Micro Theory of the Phillips Curve Reconsidered: A Reply to Holmes and Smyth’ 10. Nancy J. Wulwick (1996), ‘Two Econometric Replications: The Historic Phillips and Lipsey-Phillips Curves’ PART III FURTHER U.K. STUDIES 11. L.A. Dicks-Mireaux and J.C.R. Dow (1959), ‘The Determinants of Wage Inflation: United Kingdom, 1946-56’ and ‘Discussion on Paper’ 12. L.R. Klein and R.J. Ball (1959), ‘Some Econometrics of the Determination of Absolute Prices and Wages’ 13. John H. Pencavel (1971), ‘A Note on the Comparative Predictive Performance of Wage Inflation Models of the British Economy’ 14. S.G.B. Henry, M.C. Sawyer and P. Smith (1976), ‘Models of Inflation in the United Kingdom: An Evaluation’ 15. D.I. MacKay and R.A. Hart (1974), ‘Wage Inflation and the Phillips Relationship’ PART IV FITS TO U.S. DATA 16. Paul A. Samuelson and Robert M. Solow (1960), ‘Analytical Aspects of Anti-Inflation Policy’ 17. G.L. Perry (1964), ‘The Determinants of Wage Rate Changes and the Inflation-Unemployment Trade-off for the United States’ 18. William G. Bowen and R. Albert Berry (1963), ‘Unemployment Conditions and Movements of the Money Wage Level’ 19. Otto Eckstein and Thomas A. Wilson (1962), ‘The Determination of Money Wages in American Industry’ 20. Jim Taylor (1970), ‘Hidden Unemployment, Hoarded Labor, and the Phillips Curve’ 21. J.C.R. Rowley and D.A. Wilton (1973), ‘The Empirical Sensitivity of the Phillips Curve’ PART V THE LOOPS 22. Edward A. Kuska (1966), ‘The Simple Analytics of the Phillips Curve’ 23. G.C. Archibald, Robyn Kemmis and J.W. Perkins (1974), ‘Excess Demand for Labour, Unemployment and the Phillips Curve: A Theoretical and Empirical Study’ 24. A.P. Thirlwall (1969), ‘Demand Disequilibrium in the Labour Market and Wage Rate Inflation in the United Kingdom (1)’ 25. David J. Smyth (1979), ‘Unemployment Dispersion and the Phillips Loops: A Direct Test of the Lipsey Hypothesis’ PART VI PHILLIPS CURVE AS AN EXPLICIT MENU OF CHOICE 26. G.L. Reuber (1964), ‘The Objectives of Canadian Monetary Policy, 1949-61: Empirical “Trade-Offs” and the Reaction Function of the Authorities’ 27. David Laidler (1997), ‘The Emergence of the Phillips Curve as a Policy Menu’ 28. Robert Leeson (1997), ‘The Trade-Off Interpretation of Phillips’s Dynamic Stabilization Exercise’ PART VII ALTERNATIVE INTERPRETATIONS 29. Richard G. Lipsey and M.D. Steuer (1961), ‘The Relation between Profits and Wage Rates’ 30. E. Kuh (1967), ‘A Productivity Theory of Wage Levels – An Alternative to the Phillips Curve’ 31. Meghnad Desai (1975), ‘The Phillips Curve: A Revisionist Interpretation’ 32. C.L. Gilbert (1976), ‘The Original Phillips Curve Estimates’ Volume II Acknowledgements An introduction to all three volumes by the editors appears in Volume I PART I EXPECTATIONS OF INFLATION – THE FRIEDMAN-PHELPS CRITIQUE 1. Milton Friedman (1968), ‘The Role of Monetary Policy’ 2. Edmund S. Phelps (1967), ‘Phillips Curves, Expectations of Inflation and Optimal Unemployment Over Time’ 3. Edmund S. Phelps (1968), ‘Money-Wage Dynamics and Labor-Market Equilibrium’ 4. Milton Friedman (1977), ‘Nobel Lecture: Inflation and Unemployment’ PART II REACTIONS TO THE CRITIQUE 5. Robert E. Lucas, Jr. and Leonard A. Rapping (1969), ‘Price Expectations and the Phillips Curve’ 6. James Tobin (1972), ‘Inflation and Unemployment’ 7. Gordon Tullock (1972), ‘Can You Fool All of the People All of the Time? A Comment’ 8. James Tobin and Leonard Ross (1972), ‘A Reply to Gordon Tullock’ 9. Robert E. Lucas, Jr. (1972), ‘Econometric Testing of the Natural Rate Hypothesis’ 10. Robert E. Lucas and Thomas J. Sargent (1978), ‘After Keynesian Macroeconomics (including discussion by Benjamin M. Friedman and response and rebuttal by Robert E. Lucas and Thomas J. Sargent)’ 11. Robert M. Solow (1978), ‘Summary and Evaluation’ 12. Arthur M. Okun (1978), ‘Efficient Disinflationary Policies’ 13. Edmund Phelps (1995), ‘The Origins and Further Development of the Natural Rate of Unemployment’ 14. James Tobin (1995), ‘The Nature Rate as New Classical Macroeconomics’ 15. Robert E. Lucas, Jr. (1996), ‘Nobel Lecture: Monetary Neutrality’ PART III EMPIRICAL EVALUATION OF FOUR EMERGING CONCEPTS: THE ACCELERATIONIST PROPOSITION, THE LUCAS CRITIQUE, THE SACRIFICE RATIO AND THE NAIRU 16. Thomas J. Sargent (1971), ‘A Note on the “Accelerationist” Controversy’ 17. John B. Taylor (1979), ‘Estimation and Control of a Macroeconomic Model with Rational Expectations’ 18. George S. Alogoskoufis and Ron Smith (1991), ‘The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange- Rate Regimes’ 19. Laurence Ball (1994), ‘What Determines the Sacrifice Ratio?’ 20. Jeffrey C. Fuhrer (1995), ‘The Phillips Curve is Alive and Well’ 21. Laurence Ball and N. Gregory Mankiw (2002), ‘The NAIRU in Theory and Practice’ PART IV GENERAL ASSESSMENT AFTER THE EXPECTATIONS CRITIQUE 22. Anthony M. Santomero and John J. Seater (1978), ‘The Inflation-Unemployment Trade-off: A Critique of the Literature’ 23. Robert J. Gordon (1990), ‘What is New-Keynesian Economics?’ 24. Robert G. King and Mark W. Watson (1994), ‘The Post-War U.S. Phillips Curve: A Revisionist Econometric History’ 25. Charles L. Evans (1994), ‘The Post-War U.S. Phillips Curve: A Comment’ 26. Bennett T. McCallum (1994), ‘Identification of Inflation-Unemployment Tradeoffs in the 1970s: A Comment’ 27. Robert G. King and Mark W. Watson (1994), ‘Rejoinder to Evans and McCallum’ 28. Paul Beaudry and Matthew Doyle (2000), ‘What Happened to the Phillips Curve in the 1990s in Canada?’, Steven James and Jeffrey Fuhrer ‘Discussion’ and ‘General Discussion’ Volume III Acknowledgements An introduction to all three volumes by the editors appears in Volume I PART I THE PHILLIPS CURVE AS AN ANSWER TO FRIEDMAN’S MISSING EQUATION IN A COMPLETE MACRO MODEL 1. A.W. Phillips (1954), ‘Stabilisation Policy in a Closed Economy’ 2. Richard G. Lipsey (1978), ‘The Place of the Phillips Curve in Macroeconomic Models’ 3. Bennett T. McCallum (1987), ‘The Development of Keynesian Macroeconomics’ 4. Alan S. Blinder (1987), ‘Keynes, Lucas, and Scientific Progress’ 5. Richard G. Lipsey (2000), ‘IS-LM, Keynesianism, and the New Classicism’ PART II SOME STABILIZATION POLICY IMPLICATIONS OF THE EXPECTATIONS-AUGMENTED PHILLIPS CURVE: MONETARY POLICY RELEVANCE, DYNAMIC CONSISTENCY AND THE VOLITILITY TRADE-OFF 6. Stanley Fischer (1977), ‘Long-Term Contracts, Rational Expectations and the Optimal Money Supply Rule’ 7. Edmund S. Phelps and John B. Taylor (1977), ‘Stabilizing Powers of Monetary Policy under Rational Expectations’ 8. Stephen J. Turnovsky (1984), ‘Rational Expectations and the Theory of Macroeconomic Policy: An Exposition of Some of the Issues’ 9. Alex Cukierman (1986), ‘Central Bank Behavior and Credibility: Some Recent Theoretical Developments’ 10. John B. Taylor (1994), ‘The Inflation/Output Variability Trade-off Revisited (including ‘Discussion’ by Lawrence M. Ball)’ 11. Michael Parkin (2000), ‘What Have We Learned About Price Stability?’, Peter Howitt, ‘Discussion’, W. Craig Riddell, ‘Discussion’, and Kim McPhail, ‘General Discussion’ 12. Marvin Goodfriend (2004), ‘Monetary Policy in the New Neoclassical Synthesis: A Primer’ 13. Jeffrey M. Lacker and John A. Weinberg (2007), ‘Inflation and Unemployment: A Layperson’s Guide to the Phillips Curve’ PART III THE NEW NEO-CLASSICAL SYNTHESIS: MORE MICRO-FOUNDATIONS FOR THE PHILLIPS CURVE 14. Guillermo A. Calvo (1983), ‘Staggered Prices in a Utility-Maximizing Framework’ 15. N. Gregory Mankiw (2001), ‘The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment’ 16. Jordi Galí (2000), ‘The Return of the Phillips Curve and Other Recent Developments in Business Cycle Theory’ 17. Michael T. Kiley (2002), ‘Partial Adjustment and Staggered Price Setting’ 18. N. Gregory Mankiw and Ricardo Reis (2003), ‘Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps’ 19. Richard Dennis (2007), ‘Fixing the New Keynesian Phillips Curve’ 20. Michael Woodford (2007), ‘Interpreting Inflation Persistence: Comments on the Conference on “Quantitative Evidence on Price Determination”’ 21. Mark Gertler and John Leahy (2008), ‘A Phillips Curve with an Ss Foundation’ PART IV THE NEW NEO-CLASSICAL SYNTHESIS: THE ONGOING EMPIRICAL TESTING OF THE PHILLIPS CURVE 22. John M. Roberts (1995), ‘New Keynesian Economics and the Phillips Curve’ 23. Jeff Fuhrer and George Moore (1995), ‘Inflation Persistence’ 24. Jeremy Rudd and Karl Whelan (2007), ‘Modeling Inflation Dynamics: A Critical Review of Recent Research’ 25. Luca Benati (2008), ‘Investigating Inflation Persistence Across Monetary Regimes’ 26. Jean-Marie Dufour, Lynda Khalaf and Maral Kichian (2006), ‘Inflation Dynamics and the New Keynesian Phillips Curve: An Identification Robust Econometric Analysis’ 27. Andreas Hornstein (2007), ‘Evolving Inflation Dynamics and the New Keynesian Phillips Curve’

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Book SynopsisMoving People and Knowledge provides a fresh examination of the processes of highly skilled science migration. Focusing on intra-European mobility and, in particular, on the new dynamics of East-West migration, the authors investigate the movement of Polish and Bulgarian researchers to and from the UK and Germany. Key questions include: who is moving, how long for, and why? In addressing the motivations and experiences of mobile scientists and their families, insights into professional and personal motivations are provided, demonstrating how relationships, networks and infrastructures shape decision-making. This book provides a useful perspective on the implications of increasing researcher mobility - for both sending and receiving regions and the individuals concerned - which is necessary for the construction of future policies on sustainable scientific development. This empirical account provides a nuanced analysis of the duration and flow of scientific mobility showing the prevalence of repeat and shuttle moves in science careers. It will be of particular interest to researchers in European social policy, migration studies and EU law, as well as policymakers in the field of highly skilled migration - especially those working on the free movement of persons provisions and the European Research Area and European Area of Higher Education.Trade Review'The book can be seen as a welcomed contribution to this field of study. . . [it] raises some important questions and problems of scientific mobility.' -- Hogni Kalso Hansen, Papers in Regional Science'This is a very timely book looking at East-West migration, which has recently become a hot political issue in various West European countries. It does an excellent job in laying out the intricacies of mobility that affect different groups, particularly "knowledge migrants". The book successfully shows that "knowledge migrants" follow different motivational routes than other groups of migrants in their choice of mobility between institutes and nations. It makes a valuable contribution to a growing body of research that seeks to change established thinking and rhetoric about migration and to shift it from a dualistic thinking of migration in terms of economic vs. non-economic migrants. What this book shows is that the professional identity of people often supersedes their nationalities in relation to why and where they move.' -- Sami Mahroum, NESTA, UK'Based on excellent empirical research on migrating scientists from Poland and Bulgaria to the UK and Germany, this book follows an innovative agenda which is crucial to the world today - the movement of people and the movement of knowledge. It achieves this by a creative blend of analysing personal stories, embedded in their professional and family networks, on the one hand, and macro-scale discussions of brain drain, brain gain and national and European policy implications on the other.' -- Russell King, University of Sussex, UK'This book makes a timely contribution to understanding the circulation of scientific knowledge via international mobility. It skillfully combines an analysis of structural and institutional changes, with a focus on individual circumstances, life courses and motivations. The outcome is a compelling account of the role of international migration in the transfer of knowledge across borders, and in shaping the careers of individual scientists. This places people and human mobility at the heart of the debate about how the knowledge economy is produced and reproduced.' -- Allan Williams, London Metropolitan University, UKTable of ContentsContents: Foreword by Marek Okólski 1. Introduction: Moving People and Knowledge – Defining the Research Agenda Part I: Understanding Migration Behaviour and Patterns 2. Circulators, Returners and Settlers: Migration Trajectories and Patterns 3. Migration Processes and their Determinants: ‘Professional’ Factors 4. The Impact of Partnering on Migration Processes and Outcomes 5. Multiple Life-courses? The Impact of Children on Migration Processes 6. The Role of Networks and Connections in Shaping Migration Processes and Effects Part II: Assessing Impact: The Experience of Receiving and Sending Countries 7. Brain Gain? Assessing the Value of Scientific Migration to Receiving Countries 8. Brain Drain? The Experiences of Sending Countries 9. Summary, Conclusions and Policy Implications References Index

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Book SynopsisThe Arab Spring exposed the fundamental weakness of the non-oil Arab economies, namely, the imbalance between population growth and the labour market, resulting in the emergence of structural unemployment among young adults. By the early 2000s these economies faced impossible circumstances: in order to achieve substantial economic growth they had to reduce subsidies and increase privatisation -- economic policies that led to a deterioration of the living standards of the vast majority of the population. The Arab Spring created a new category in the region, that of "failed Arab state", characterised by a fallen "old regime" without a competent new regime to replace it. Civil wars resulted, along lines of religious or ethnic division, as in Syria (Alawites against Sunnis), Iraq (Shi'is against Sunnis and Kurds against Arabs) and in Yemen (Shiis against Sunnis). Regional divisions accounted for the civil war in Libya. The other side of the "new Arab map" is the Arabian Gulf oil states which continue to function as before, both politically and socioeconomically. Chapter 1 places Arab countries in the global demographic picture. Chapter 2 examines the quantity of the demographic records of Arab countries. Chapter 3 deals with patterns of population growth of Arab countries. Chapter 4 analyses the emergence of employment pressure. Chapter 5 discusses intra-Arab labour migration. Chapter 6 analyses natalist policies. The Concluding Chapter examines the "demographic fingerprint" of the Arab Spring which not only was the "core" of the revolution, but also its main consequence in the form of drawing the new political map of the Arab region according to an ethno-religious composition.Trade ReviewFrom a review of the second edition: This volume makes a valuable contribution to the Arab population policy literature by tracing the evolution of population policies in the Arab countries and by describing the factors that led to changes in these policies. --Studies in Family Planning

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Book SynopsisThe Arab Spring exposed the fundamental weakness of the non-oil Arab economies, namely, the imbalance between population growth and the labour market, resulting in the emergence of structural unemployment among young adults. By the early 2000s these economies faced impossible circumstances: in order to achieve substantial economic growth they had to reduce subsidies and increase privatisation -- economic policies that led to a deterioration of the living standards of the vast majority of the population. The Arab Spring created a new category in the region, that of "failed Arab state", characterised by a fallen "old regime" without a competent new regime to replace it. Civil wars resulted, along lines of religious or ethnic division, as in Syria (Alawites against Sunnis), Iraq (Shi'is against Sunnis and Kurds against Arabs) and in Yemen (Shiis against Sunnis). Regional divisions accounted for the civil war in Libya. The other side of the "new Arab map" is the Arabian Gulf oil states which continue to function as before, both politically and socioeconomically. Chapter 1 places Arab countries in the global demographic picture. Chapter 2 examines the quantity of the demographic records of Arab countries. Chapter 3 deals with patterns of population growth of Arab countries. Chapter 4 analyses the emergence of employment pressure. Chapter 5 discusses intra-Arab labour migration. Chapter 6 analyses natalist policies. The Concluding Chapter examines the "demographic fingerprint" of the Arab Spring which not only was the "core" of the revolution, but also its main consequence in the form of drawing the new political map of the Arab region according to an ethno-religious composition.Trade ReviewFrom a review of the second edition: This volume makes a valuable contribution to the Arab population policy literature by tracing the evolution of population policies in the Arab countries and by describing the factors that led to changes in these policies. --Studies in Family Planning

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Book Synopsis>Labour Supply and Incentives to Work in Europe highlights recent developments in the labour supply in Europe and gives a detailed assessment of their link with economic policies and labour market institutions. Despite major changes in European labour supply during the past few decades, the existing literature still lacks a comprehensive study of the relationship between labour supply and labour market institutions from a macro perspective. The contributors, themselves from a variety of academic disciplines and backgrounds, consider aspects of labour supply such as incentives to work, determinants of labour force participation and new forms of employment relationships. Each original and specially written chapter has its own discussion chapter to follow it. The book ends with a valuable panel discussion on the topic of labour supply in an enlarged Europe.This book will be read with interest by scholars of economics and labour economics in particular, as well as those researching industrial relations.Trade Review'The book is a nice collection of articles - each contribution followed by the comment for a discussant - that centres on labour supply in Europe. . . the book provides interesting reading, and the editors' foreword offers a good summary of the contributions of the many authors an, in linking the four parts of the book, helps the reader see them as a whole. . . the book is worth reading. It contains interesting contributions that provide enough food for thought on the many factors that impinge on the decision to participate in the labour force and particularly on those that constrain women's labour-force involvement.' -- Giovanni Russo, Journal of Income DistributionTable of ContentsContents: Introduction Part I: Incentives to Work 1. A Matching Model of Non-Employment and Wage Pressure 2. Tax-effects on Work Activity, Industry Mix and Shadow Economy Size: Evidence from Rich Country Comparisons Part II: Factors Affecting Labour Force Participation 3. Mother’s Changing Labour Supply in Britain, the USA and Sweden 4. Women’s Hours of Market Work in Germany – The Role of Parental Leave 5. The Determinants of Labour Force Participation in the European Union 6. Hiring Incentives and Labour Force Participation in Italy Part III: New Forms of Employment Relationships 7. Recent Developments in Part-time Work in EU Countries: Trends and Policy 8. Matching Workers to Jobs on the Fast Lane: The Operation of Fixed-Term Contracts

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Book SynopsisThe position of low skilled workers in the labour market has deteriorated significantly over the past three decades. What has caused this deterioration in low skilled labour demand and what can explain the different labour market responses throughout the OECD? Mark Sanders addresses these questions and evaluates proposed policies to improve upon the present situation and prevent further deterioration in the future.The author develops a theoretical framework that produces two hypotheses to explain the shift in relative demand as well as the different ways in which this shift has manifested itself. The framework is then extended by introducing unemployment, and additional hypotheses are proposed to explain the main EU-US differences. The dynamics thus uncovered yield somewhat unorthodox policy implications on income-, labour market and technology policies in Europe and the US.This comprehensive book will appeal to both scholars and academics, whilst graduate and PhD-students looking for an accessible introduction to modelling the dynamics of technical change and its interactions with the labour market will find it of great interest.Trade Review'Mark Sanders's effort is a challenging and successful attempt to analyse the evolution of labour market characteristics in developed countries with a specific focus on the unskilled and skilled categories of workers. . . The effort of Sanders to bring together different streams of the literature is a success. I would recommend reading the book to anyone interested in a comprehensive analysis of the relationship between technological change and labour markets.' -- Mariacristina Piva, Research Policy'This book treats a major issue - accounting for the differential run-up of the educational wage premium in the US and Europe since the 1970s - which is important from the point of view of economic policy and also from the point of view of economic theory. The author does a heroic job of surveying several vast literatures that bear on the issue.' -- Peter Howitt, Brown University, USTable of ContentsContents: Preface 1. General Overview: Facts and Hypotheses Part I: Technical Change and Labour Demand 2. The Economics of Technical Change 3. Modelling Endogenous Technical Change 4. Technical Change and Labour Demand Part II: Technical Change and the Labour Market 5. The Labour Market 6. The Model Extended Part III: The Role of Government 7. The Government in the Model 8. Summary and Conclusion References Index

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Book SynopsisWorking Mothers in Europe combines comparative perspectives on social policies with analyses of mothers' practices as evidenced in macro data and as explored in country based case studies. Social policy research has emphasised the impact of particular welfare systems and their policies on women's integration into the labour market and the organisation of care and work. However, the authors argue that policies are not the only factor, and, hitherto, we have very little knowledge of the precise interactions between social policies and social practices of individuals and families. In order to accurately grasp the cross-country variation of mothers' work and care arrangements in Europe, this book assembles a comparative approach towards welfare systems and social policies with an analysis of mothers' social practices in several European countries.Exploring the ways in which working mothers manage to combine care responsibilities and paid work on the basis of diverse public and private resources, this book will be invaluable to academics, researchers and students interested in the social sciences. More generally, the book will greatly appeal to those with an interest in women's employment, gender relations and the needs of children as matters that are tackled in the interaction between social policy and individuals.Trade Review‘Working Mothers in Europe will appeal to readers with an interest in public policy development and mothers' experiences of work-family balance (or imbalance). I envisage that Australian readers will be most interested in the sections exploring how mothers' combine paid employment with child care when state assistance is limited, given that Australia too offers only limited support for employed mothers.' -- Amanda Hosking, Labour & IndustryTable of ContentsContents: 1. Introduction: Social Practices and Social Policies 2. Mothers between Individualisation and Institution: Cultural Images of Welfare Policy 3. Caring for Children: The Logics of Public Action 4. Strategies, Everyday Practices and Social Change 5. Kinship and Informal Support: Care Resources for the First Generation of Working Mothers in Norway, Italy and Spain 6. Care Packages: The Organisation of Work and Care by Working Mothers 7. Women’s Participation in European Labour Markets References Index

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Book SynopsisExamining the employment lives of Chinese women living under different government systems at the beginning of the twenty-first century, the contributors to this volume present an overview of factors affecting the employment status of women. The volume includes chapters on the People's Republic of China, Taiwan, Hong Kong and Singapore - nations that have common Chinese cultural experiences but very different economic systems and government structures.Policies and laws vary widely in Chinese societies from the egalitarian, socialist provisions of The People's Republic of China to the laissez-faire, capitalist policy the British advocated for the Hong Kong government before 1997. Employment of Women in Chinese Cultures provides a theoretical introduction from both Chinese and Western perspectives, as well as summaries of the effect on women's employment of government policies on taxation, health and safety, reproduction, childcare, and education in each nation-state. By juxtaposing the work of women of a similar cultural heritage living under different government systems, new insights are gained that can benefit Chinese working women wherever they live. Scholars and students of management, labor, gender, and China will find this volume of great interest. Government leaders will also find the research on women's employment lives a useful tool in future decision-making.Trade Review'Granrose needs to be congratulated and complimented for her research endeavour in pooling the data from various geographical locations under one umbrella (Chinese) culture in a book format. . . this book is an interesting, important and valuable addition to the literature on career women.' -- Bijaya Mishra, Global Business ReviewTable of ContentsContents: Introduction: Chinese Women with Different Government Systems Part I: Western Theory and Chinese Culture 1. Theoretical Perspectives on Women’s Employment Careers in a National Government Context 2. Images of Women and Government in the Chinese Cultural Heritage: A Brief Overview Part II: Government Policies and the Employment Status of Chinese Women 3. National Policy Influence on Women’s Careers in the People’s Republic of China 4. Women in Taiwan: Social Status, Education and Employment 5. The Impact of Government Policy on Working Women in Hong Kong 6. The Impact of Government and Family Responsibilities on the Career Development of Working Women in Singapore 7. Women’s Development in Hebei Province, PRC Part III: Conclusions 8. Chinese Women, Half the Sky, Little Ground: Comparative Comments on Chinese Women’s Lives Under Various Government Systems Index

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