On the Political Economy of Labor Market Flexibility
Author | : Gilles Saint-Paul |
Publisher | : |
Total Pages | : |
Release | : 1993 |
Genre | : |
ISBN | : |
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Author | : Gilles Saint-Paul |
Publisher | : |
Total Pages | : |
Release | : 1993 |
Genre | : |
ISBN | : |
Author | : Gilles Saint-Paul |
Publisher | : |
Total Pages | : 76 |
Release | : 1993 |
Genre | : Economics |
ISBN | : |
Author | : Berton, Fabio |
Publisher | : Policy Press |
Total Pages | : 200 |
Release | : 2012-05-30 |
Genre | : Political Science |
ISBN | : 1847429084 |
The economic crisis has revealed the dark side of deregulation in the labour market: rising unemployment, limited access to social security and, due to low wages, no savings to count upon in bad times. This book casts light on the empirical relationship between labour market deregulation through non-standard contracts and the three main dimensions of worker security: employment, income and social security. Focusing on individual work histories, it looks at how labour market dynamics interact with the social protection system in bringing about inequality and insecurity. In this context Italy is put forward as the epitome of flexibility through non-standard work and compared with three similar countries: Germany, Spain and Japan. Results show that when flexibility is carried out as a mere cost-reduction device and social security only relies on insurance principles, deregulation leads to insecurity. 'The political economy of work security and flexibility' is essential reading for academics, students, practitioners and policy makers interested in the outcomes of labour market developments in advanced economies over the past twenty years.
Author | : Thomas Janoski |
Publisher | : Univ of California Press |
Total Pages | : 380 |
Release | : 2024-07-19 |
Genre | : |
ISBN | : 0520415027 |
Author | : Gilles Saint-Paul |
Publisher | : Oxford University Press |
Total Pages | : 289 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 0198293321 |
According to most orthodox economists, labour market rigidities are the key culprit for such high unemployment as has been observed in Europe during the past three decades. But governments that have attempted to follow the standard prescription of removing rigidities have often faced harsh political opposition. This book looks at why labour market institutions such as employment protection, unemployment benefits, and relative wage rigidities exist, what role they play in society, why they seem so persistent, where the pressure to reform them comes from, and whether reform can be politically viable or not. The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process. It is also shown that, at the same time, such rents create resistance to reform, and contribute to locking society into a high-unemployment, rigid equilibrium. Finally, the basic principles exposed in the book are used to discuss various strategies for a successful labour market reform.
Author | : William Oliver Coleman |
Publisher | : Edward Elgar Publishing |
Total Pages | : 251 |
Release | : 2010-01-01 |
Genre | : Business & Economics |
ISBN | : 1849808112 |
In this tightly argued work William Coleman explores the macroeconomic implications of politically based restraints on competition in labour markets. Through a suite of compact models the author investigates the consequences of the labour force securing the best terms of sale for its labour by means of the electoral mechanism. He concludes that such ?electorally optimal' labour regulation can explain not only wage rigidity and unemployment, but also wage volatility; episodes of excess demand for labour; the co-existence of an inefficient state sector with an efficient private sector; and the preference for a minimum wage over a universal wage regulation. Finally, the approach can rationalise nominal wage rigidity, and not solely real wage rigidity. In sum, the analysis promises to both complete the Classical explanation of unemployment by predicting when, why and how real wages will be rigid, and at the same time to better secure Keynesian insights by suggesting how money rigidity may be characteristic of electorally optimal labour regulation.
Author | : Jane Wheelock |
Publisher | : Springer Science & Business Media |
Total Pages | : 330 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401143978 |
Work and Idleness develops the view that redistributing employment is a `feasible capitalist' solution, not just to the unemployment which particular groups suffer, but also to the work that others have to contend with, including many women. Putting the redistribution of employment on the policy agenda opens up debate on how to ensure a more equitable and fulfilling relationship between the ways we gain our livelihoods and the lives we lead. Growing insecurity in labour markets and changing patterns in the commodification of labour have led to a redistribution of paid and unpaid labour time as the structure of power relations, the gender order, discrimination, and state regulation have been modified. The first main trend affecting insecurity is mass unemployment and the growth of workless households. A second notable trend is a gender-based redistribution of hours worked. The third major trend is a shift from full-time waged work to full-time self-employment. Part I of this book presents the main economic theories driving the continuing divide between the intensification of work and the extension of idleness. Part II documents the ways in which the shift to mass idleness in advanced industrial countries has hit some groups particularly hard: the youngest and oldest age groups and other groups, including disabled workers, have traditionally been subject to discrimination in the labor markets. Part III provides a set of policy prescriptions.
Author | : Fabio Berton |
Publisher | : |
Total Pages | : 200 |
Release | : 2012 |
Genre | : Economics |
ISBN | : 9781447307631 |
This book casts light on the empirical relationship between labor market deregulation through non-standard contracts and the three main dimensions of worker security: employment, income and social security.
Author | : Debdas Banerjee |
Publisher | : Routledge |
Total Pages | : 278 |
Release | : 2007-12-13 |
Genre | : Business & Economics |
ISBN | : 1134059752 |
This book explores the impact of neoliberal globalization on labour markets and the state in the developed and developing world. It focuses especially on the United States and the economies of Asia – in particular, India. Liberalized trade and investment are thought by neoliberals to be the best levers for raising labour standards, provided labour market flexibility and capital market restructuring accompany them. Labour market flexibility and capital market restructuring, at a first glance, appear to be complementary and symmetric policies. In practice, however, they might have very asymmetric consequences. This book addresses these issues, and it presents a comprehensive analysis of the key questions such as: How far is globalization a ‘real’ threat to the conventional systems of wage fixation, employment pattern, and basic rights at work in both developed, as well as underdeveloped countries? Are casualization and informalization of the workforce direct outcomes of deregulation? How do labour organizations cope with the volatility of the labour market? Are the existing labour market conditions and forms of labour organizations misfits in the globalized business world? Is it at all feasible to choose a high road that combines some degree of labour market flexibility with better labour standards? This book will be of interest to academics working on International Development, Development Economics, Political Economy, Comparative Labour Studies and Asian Studies.
Author | : |
Publisher | : M.E. Sharpe |
Total Pages | : 270 |
Release | : |
Genre | : Feminist economics |
ISBN | : 9780765619266 |
Papers presented at a Gender, Race, Economics, and Public Policy conference coordinated by the New School for Social Research.