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The Economics of Imperfect Labor Markets, Third Edition
The leading textbook on imperfect labor markets and the institutions that affect them—now completely updated and expanded Today's labor markets are witnessing seismic changes brought on by such factors as rising self-employment, temporary employment, zero-hour contracts, and the growth of the sharing economy. This fully updated and revised third edition of The Economics of Imperfect Labor Markets reflects these and other critical changes in imperfect labor markets, and it has been significantly expanded to discuss topics such as workplace safety, regulations on self-employment, and disability and absence from work. This new edition also features engaging case studies that illustrate key as...
Human Capital
At a time when governments and policy-makers put so much emphasis on 'the knowledge economy' and the economic value of education, human capital theory has never been more important. However, research in this area is often very technical and therefore not easily accessible to those who wish to use it as a guide to policy formation. This book provides an interface between such research and its potential applications in government, education and business. Reporting on a major research initiative, new findings are presented in a non-technical way on three major themes: measuring the benefits from human capital, applications of the human capital model, and policy interventions. Aimed at academic researchers and professionals concerned with the problems and techniques of human capital theory, it will also be useful for graduate courses on the economics of education to complement standard textbooks.
An Economic Theory of Greed, Love, Groups, and Networks
Why are people loyal? How do groups form and how do they create incentives for their members to abide by group norms? Until now, economics has only been able to partially answer these questions. In this groundbreaking work, Paul Frijters presents a new unified theory of human behaviour. To do so, he incorporates comprehensive yet tractable definitions of love and power, and the dynamics of groups and networks, into the traditional mainstream economic view. The result is an enhanced view of human societies that nevertheless retains the pursuit of self-interest at its core. This book provides a digestible but comprehensive theory of our socioeconomic system, which condenses its immense complexity into simplified representations. The result both illuminates humanity's history and suggests ways forward for policies today, in areas as diverse as poverty reduction and tax compliance.
The New Goliaths
An approach to reinvigorating economic competition that doesn’t break up corporate giants, but compels them to share their technology, data, and knowledge “Bessen is a master of unpacking the nuances of a complex array of interrelated trends to build a coherent story of how the promise of the democratized Internet ended up under the control of just a few. Read The New Goliaths to see how the forest came to have only room for a few tall trees with the rest of us in the undergrowth.”—Joshua Gans, coauthor of Prediction Machines: The Simple Economics of Artificial Intelligence Historically, competition has powered progress under capitalism. Companies with productive new products rise to...
Power To The People
The thirst for energy in developing countries will only grow as economic freedom spreads. People there see how we in the west live and refuse to be left behind. In "Power to the People" Swedish economist and author Johan Norberg explores the incredible challenge this demand presents to man- and woman-kind. As costs rise and concern for climate change increases, these questions loom large: How are we going to maintain our standard of living? How do we reduce our impact on the planet? And how will we get power to ALL the people? Based on Norberg's travels for the television documentary “Power to the People,” his investigation peels back the layers of this global challenge, often questionin...
Getting Better
Fifty years ago, health outcomes in the countries of Eastern Europe and Central Asia were not far behind those in Western Europe and well ahead of most other regions of the world. But progress since then has been slow. While life expectancy in the ECA region today is close to the global average, the gap with its western neighbors has doubled, and other middle-income regions have all surpassed ECA. Some countries in the region are doing better, but full convergence with the world’s most advanced health systems is still a long way off. At the same time, survey evidence suggests that the health sector is the top priority for additional investment among populations across the region. The exper...
Handbook on Labour Markets in Transition
This Handbook provides an insightful analysis of how long-term transformations are impacting labour markets globally. It argues for a proactive approach to market regulation that promotes mobility by anticipating labour market needs and disruptions before they become crises.
A Dynamic Approach to Europe's Unemployment Problem
Examines the main factors influencing unemployment at both an aggregate level and at an individual level and assesses the role of policies to bring unemployment down.
Causal Effects of Social Capital
This book presents a series of studies focusing on the role of social capital in the labor market and beyond. Using the effect of individual social capital on labor markets as an example, this book pays special attention to the origins of and solutions to the endogeneity problem. It uses several identification strategies to systematically test for the causal effects of social capital. First, this book constitutes the first attempt to offer a systematic account of the progress made by social scientists in improving causal inferences into the role of social capital in labor markets. Second, the book adopts specialized approaches—both classical and new—toward different sources of endogeneit...
Risk, Power and the State
Risk, Power and the State addresses how power is exercised in and by contemporary state organisations. Through a detailed analysis of programmatic attempts to shape behaviour linked to considerations of risk, this book pursues the argument that, whilst Foucault is useful for understanding power, the Foucauldian tradition – with its strands of discourse analysis, of governmentality studies, or of radical Deleuzian critique – suffers from a lack of clarification on key conceptual issues. Oriented around four case studies, the architecture of the book devolves upon the distinction between productive and repressive power. The first two studies focus on productive power: the management of lon...
