Dual Labor Markets
A Macroeconomic Perspective
By (author) Gilles Saint-Paul
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Dual Labor Markets by Gilles Saint-Paul
Book DescriptionThe labor market consists of two tiers. Workers in the upper tier enjoy high wages, good benefits, and employment security, and they are often unionized. Workers in the lower tier experience low wages, high turnover, job insecurity, and little chance of promotion. Until now, dual labor market theory has focused mainly on microeconomic factors such as discrimination, poverty, and public welfare. Dual Labor Markets considers the macroeconomic implications of the dual market. The book uses theoretical models derived from the author's research over the past six years to analyze such policy issues as the level and persistence of unemployment, the level of real wages, the accumulation of human capital, and the political viability of labor market reform in the United States and Europe.
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Book DetailsISBN: 9780262193764
(231mm x 160mm x 17mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 3-Mar-1997
Country of Publication: United States
Books By Author Gilles Saint-Paul
Tyranny of Utility, Hardback (July 2011)
Examines how developments in economics and the social sciences lead to greater government intrusion in our private lives. Exploring how behavioral economics contributes to the excessive rise of paternalistic interventions, this title presents a controversial challenge to the prevailing currents in economic and political discourse.
Innovation and Inequality, Hardback (May 2008)
Offers a theoretical analysis of the important mechanisms by which technical progress and innovation affect the distribution of income. This book shows how the structure of demand changes as the economy becomes wealthier, in ways that may potentially harm the poorest segments of the workforce and economy.
Political Economy of Labour Market Institutions, Hardback (September 2000)» View all books by Gilles Saint-Paul
This book looks at why labour market institutions such as those in continental Europe - more specifically, 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.
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