Labour Economics

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Tim Harcourt - One of the best experts on this subject based on the ideXlab platform.

  • Labour markets firms and institutions Labour Economics and industrial relations
    Social Science Research Network, 1998
    Co-Authors: Peter Gahan, Tim Harcourt
    Abstract:

    The study of the employment relation has always held a somewhat ambiguous position within the field of Economics. The nature of Labour market adjustment processes and unique aspects of the employment relation have posed problems for standard economic theories and have limited the use of formal modelling. Moreover, institutionalist approaches hove been a greater challenge to Labour economists than in any other area of enquiry within the discipline (Jacoby, 1990). Traditionally, this difference has been manifest in a clear distinction between Labour Economics and industrial relations as separate fields of study. The artificiality of such a distinction, we argue, poses problems for understanding the phenomena of concern to both disciplines. 1n this paper we argue that notwithstanding the important insights gained from standard neoclassical models of the Labour market, they do not provide an adequate basis for understanding the employment relationship and institutional features of Labour markets. 1nstead, we begin with the assumption adopted by industrial relations scholars that the Labour market is diffe1"ent from other economic exchange relationships and use this as a basis for developing a more realistic framework to understand both the social and economic dimensions of the employment relation.

  • Labour markets firms and institutions Labour Economics and industrial relations
    Journal of Industrial Relations, 1998
    Co-Authors: Peter Gahan, Tim Harcourt
    Abstract:

    The study of tbe employment relation has always held a somewhat ambiguous position within the field of Economics. The nature of Labour market adjustment processes and unique aspects of the employme...

Peter Gahan - One of the best experts on this subject based on the ideXlab platform.

  • Labour markets firms and institutions Labour Economics and industrial relations
    Social Science Research Network, 1998
    Co-Authors: Peter Gahan, Tim Harcourt
    Abstract:

    The study of the employment relation has always held a somewhat ambiguous position within the field of Economics. The nature of Labour market adjustment processes and unique aspects of the employment relation have posed problems for standard economic theories and have limited the use of formal modelling. Moreover, institutionalist approaches hove been a greater challenge to Labour economists than in any other area of enquiry within the discipline (Jacoby, 1990). Traditionally, this difference has been manifest in a clear distinction between Labour Economics and industrial relations as separate fields of study. The artificiality of such a distinction, we argue, poses problems for understanding the phenomena of concern to both disciplines. 1n this paper we argue that notwithstanding the important insights gained from standard neoclassical models of the Labour market, they do not provide an adequate basis for understanding the employment relationship and institutional features of Labour markets. 1nstead, we begin with the assumption adopted by industrial relations scholars that the Labour market is diffe1"ent from other economic exchange relationships and use this as a basis for developing a more realistic framework to understand both the social and economic dimensions of the employment relation.

  • Labour markets firms and institutions Labour Economics and industrial relations
    Journal of Industrial Relations, 1998
    Co-Authors: Peter Gahan, Tim Harcourt
    Abstract:

    The study of tbe employment relation has always held a somewhat ambiguous position within the field of Economics. The nature of Labour market adjustment processes and unique aspects of the employme...

Thomas Dohmen - One of the best experts on this subject based on the ideXlab platform.

  • abstract behavioural Labour Economics advances and future directions 1
    Social Science Research Network, 2014
    Co-Authors: Thomas Dohmen
    Abstract:

    In the past decades, behavioural Economics has become an influential and important field of Economics. Interest in behavioural Economics derives from unease with standard economic models that are based on restrictive assumptions, which confine the nature of human motivation. Although Adam Smith, the founding father of modern Economics, had highlighted the multitude of psychological motives that drive human behaviour, and despite the fact that many influential economists thereafter believed in tenets of modern behavioural Economics, the homo economicus assumption became prevalent, until this construct was challenged by compelling evidence on social, cognitive and emotional factors that drive decision-making and social interaction. Since human interaction is germane to Labour markets, one would expect behavioural Economics to be highly relevant for Labour Economics. This paper gauges whether and how behavioural Economics has left its mark on Labour Economics, considers the timing and structure of this development, and contemplates its future impact on Labour Economics.

Gilad Ravid - One of the best experts on this subject based on the ideXlab platform.

  • how social motivation enhances economic activity and incentives in the google answers knowledge sharing market
    2007
    Co-Authors: Sheizaf Rafaeli, Daphne R Raban, Gilad Ravid
    Abstract:

    What are the antecedents, inhibitors and catalysts to providing information and participating in mixed fee-based and free online contexts? We describe the behaviour of about 500 Researchers in the Google Answers online service and over 70,000 questions posed on this system over a 29 month period. Google Answers is a fee-based environment. Answers provided on it are "worth" over $20 (including tips) on average. However, Labour Economics of response to price and tip alone do not fully account for the online information provision market. Non-monetary incentives, such as feedback in the form of comments predict and explain some of the variance in participation. Descriptive and correlational findings presented here are based on many thousands of answers. We thus corroborate some of the hybrid theories of information provision behaviour presented to date mostly in laboratory settings. The participation of experts in Google answers is associated with a hybrid of material (economic) and social motivators.

  • how social motivation enhances economic activity and incentives in the google answers knowledge sharing market
    International Journal of Knowledge and Learning, 2007
    Co-Authors: Sheizaf Rafaeli, Daphne R Raban, Gilad Ravid
    Abstract:

    What are the antecedents, inhibitors and catalysts to providing information and participating in mixed fee-based and free online contexts? We describe the behaviour of about 500 'Researchers' in the Google Answers (GA) online service and over 70,000 questions posed on this system over a 29 month period. GA is a fee-based environment. Answers provided on it are 'worth' over $20 (including tips) on average. However, Labour Economics of response to price and tip alone do not fully account for the online information provision market. Non-monetary incentives, such as feedback in the form of comments predict and explain some of the variance in participation. Descriptive and correlational findings presented here are based on many thousands of answers. We thus corroborate some of the hybrid theories of information provision behaviour presented to date mostly in laboratory settings. The participation of experts in GA is associated with a hybrid of material (economic) and social motivators.

Claudia Villosio - One of the best experts on this subject based on the ideXlab platform.

  • skilled and unskilled wage dynamics in italy in the 1990s changes in individual characteristics institutions trade and technology
    International Review of Applied Economics, 2011
    Co-Authors: Anna Maria Falzoni, Alessandra Venturini, Claudia Villosio
    Abstract:

    In this paper, we use individual micro data on workers combined with industry and regional data to study the wage dynamics of skilled and unskilled workers in Italy in the 1991–1998 period. In contrast to previous empirical studies, our data make it possible to analyse, within a single framework, the role of many of the factors indicated in the literature as possible determinants of skilled and unskilled wage dynamics: changes in the individual characteristics of workers, changes in Labour market institutions, increasing international integration, and skill‐biased technological progress. Our results show that international integration, both in terms of trade in goods and in terms of international Labour mobility, plays a role in determining the wage dynamics of skilled (white‐collar) and unskilled (blue‐collar) workers. Moreover, in line with Labour Economics research, our findings show that the individual characteristics of workers and the institutional variables are more relevant in explaining skilled a...

  • skilled and unskilled wage dynamics in italy in the 90s changes in the individual characteristics institutions trade and technology
    2007
    Co-Authors: Anna Maria Falzoni, Alessandra Venturini, Claudia Villosio
    Abstract:

    In this paper we use individual micro data on workers combined with industry and regional data to study the wage dynamics of skilled and unskilled workers in Italy in the period 1991-1998. Being different to previous empirical studies, our data allow us to explore in a unique framework the role of many of the factors indicated in the literature as possible causes of the widening of the wage gap between skilled and unskilled workers: changes in the individual characteristics of workers, changes in the institutions of the Labour market, increasing international integration and skill-biased technological progress. Our results show that international integration, both in terms of trade in goods and in terms of international Labour mobility, plays a role in determining the wage dynamics of skilled (white collar) and of unskilled (blue collar) workers. In addition, in line with the research in Labour Economics, our findings show that the individual characteristics of workers, and the institutional variables matter more in explaining skilled and unskilled wage dynamics than differential wage one.