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Author : Andrzej Grodner
Release : 2004
Genre :
Kind : eBook
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Book Synopsis Three Essays on the Theory and Econometrics of Social Interactions in the Labor Market by : Andrzej Grodner
Download or read book Three Essays on the Theory and Econometrics of Social Interactions in the Labor Market written by Andrzej Grodner. This book was released on 2004. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Andrew Grodner
Release : 2011
Genre : Business & Economics
Kind : eBook
Book Rating : 88X/5 ( reviews)
Book Synopsis Social Interactions in the Labor Market by : Andrew Grodner
Download or read book Social Interactions in the Labor Market written by Andrew Grodner. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: Social Interactions in the Labor Market addresses the following questions: How do theoretical economic models and their associated econometric representations change when there are social interactions among households? How do policy implications change as the result of estimated households' social interactions? The authors present a unified theoretical and empirical representation of social interactions as they pertain to labor supply and demand and demonstrate the cases where current policy prescriptions are greatly altered by the presence of social interactions. Section 2 examines theoretically the effect of household interdependencies on how a researcher estimates and interprets labor supply and earnings equations. Having examined labor supply issues, Section 3 and give theoretical attention to labor demand. As a further demonstration how the presence of social interactions complicates thinking about economic policy the authors consider overall labor market outcomes and related economic policy further in Section 4 by examining theoretically the socially optimal wealth distribution. Section 5 measures local economic conditions by the county unemployment rate and neighborhood spillover effects by the racial makeup and poverty rate of the county. Lastly, Section 6 examines the econometric details of implementing an empirical model with possible social interactions in labor supply.
Author : Simon Gemkow
Release : 2011
Genre :
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Book Synopsis Three Essays on Individual Decisions and Interactions on the Labor Market and Aggregated Inequality by : Simon Gemkow
Download or read book Three Essays on Individual Decisions and Interactions on the Labor Market and Aggregated Inequality written by Simon Gemkow. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bryan Shiloh Graham
Release : 2005
Genre : Econometrics
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Book Synopsis Essays on the Econometrics of Social Interactions by : Bryan Shiloh Graham
Download or read book Essays on the Econometrics of Social Interactions written by Bryan Shiloh Graham. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jacob Andrew Powell
Release : 2022
Genre : Economics
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Book Synopsis Three Essays at the Intersection of Social Theory and Political Economy by : Jacob Andrew Powell
Download or read book Three Essays at the Intersection of Social Theory and Political Economy written by Jacob Andrew Powell. This book was released on 2022. Available in PDF, EPUB and Kindle. Book excerpt: This study revisits classic questions of political economy through an interdisciplinary lens, wedding the insights of modern social theory with heterodox political economy. The first chapter synthesizes the economic and sociological literature on wage determination, developing a conceptual apparatus, which is better situated than previous approaches, to understand the factors animating stagnating wages in the United States since the emergence of Neoliberalism. The second chapter applies reflexivity, a method in the sociology of science, to the Phillips curve. In doing so, the implicit biases within both theoretical and empirical approaches to the Phillips curve are elucidated, recognizing the limitations of traditional labor underutilization measures. Alternative labor underutilization measures are constructed using labor market transition rates, which are then used to estimate alternative econometric specifications of the Phillips curve. The results of these estimations are consistent with a flattening of the Phillips curve, expected as a result of declining institutional bargaining power of workers. The chapter finishes highlighting the limitations of the models estimated, commentating on how the literature should approach the Phillips curve going forward. The final chapter, uses path-dependency as a conceptual entry point to problematize the instrumental-ceremonial dichotomy, arguing that ceremonial institutions (culture) must be comprehensively considered in theorizing progressive institutional change, moving beyond an understanding of them as purely “imbecile”. A theory of political mobilization for progressive institutional change is laid out, one which systematically accounts for ceremonial institutions. By using rhetoric as a tool, we can play into ceremonial habits of thought, weaving progressive policy through the ceremonial net to implementation, where its instrumentality can be revealed, and a lock-in can form as constituents become accustomed to the material benefits provided. It is here where a progressive path-dependency is formed.
