Raising Lower Level Wages When And Why It Makes Economic Sense

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Raising Lower-Level Wages When and Why It Makes Economic Sense

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Author by : Tomas Hellebrandt
Languange Used : English, France, Spanish, Italia and chinese
Page : 47
Isbn : 0881327085
Identifier : 9780881327083
Release : 2015-04-06
Publisher by : Peterson Institute for International Economics
Category : Political Science
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Description : Read Now Raising Lower Level Wages by Tomas Hellebrandt and you can download with pub, pdf, txt, doc, and more file format with free account. as the united states emerges from the great recession, concern is rising nationally over the issues of income inequality, stagnation of workers' wages, and especially the struggles of lower-skilled workers at the -bottom end of the wage scale. while washington deliberates legislation raising the minimum wage, a number of major american employers—for example, aetna and walmart—have begun to voluntarily raise the pay of their own lowest-paid employees. in this collection of essays, economists from the peterson institute for international economics analyze the potential benefits and costs of widespread wage increases, if adopted by a range of us private employers. they make this assessment for the workers, the companies, and for the us economy as a whole, including such an initiative's effects on national competitiveness. these economists conclude that raising the pay of many of the lowest-paid us private-sector workers would not only reduce income inequality but also boost overall productivity growth, with likely minimal effect on employment in the current financial context. "it is possible to profit from paying your employees well…and increasing lower-paid workers' wages is the way forward for the united states," argues adam s. posen in his lead essay (reprinted from thefinancial times). justin wolfers and jan zilinsky argue that higher wages can encourage low-paid workers to be more productive and loyal to their employers and coworkers, reducing costly job turnover and the need for supervision and training of new workers. tomas hellebrandt estimates that if all large private sector corporations in the united states outside of sectors that intensively use low-skilled labor increased wages of their low-paid workers to $16 per hour, the pay of 6.2 percent of the $110 million private-sector workers in the united states would increase on average by 38.6 percent. the direct cost to employers would be $51 billion, only around 0.3 percent of gdp. jacob kirkegaard and tyler moran explore the experience of employers in other advanced countries, with its implications for international competitiveness, and michael jarand assesses the impact of a wage increase on the near-term development of the us macroeconomy. data disclosure: the data underlying the figures in this analysis are available for download in links listed below.

Common Sense Economics

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Author by : L. Albert Hahn
Languange Used : English, France, Spanish, Italia and chinese
Page : 244
Isbn : 1610165144
Identifier : 9781610165143
Release : 1956
Publisher by : Ludwig von Mises Institute
Category : Economics
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Living for the City Migration, Education, and the Rise of the Black Panther Party in Oakland, California

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Author by : Donna Jean Murch
Languange Used : English, France, Spanish, Italia and chinese
Page : 328
Isbn : 0807895857
Identifier : 9780807895856
Release : 2010-10-04
Publisher by : UNC Press Books
Category : Social Science
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Description : Read Now Living For The City by Donna Jean Murch and you can download with pub, pdf, txt, doc, and more file format with free account. in this nuanced and groundbreaking history, donna murch argues that the black panther party (bpp) started with a study group. drawing on oral history and untapped archival sources, she explains how a relatively small city with a recent history of african american settlement produced such compelling and influential forms of black power politics. during an era of expansion and political struggle in california's system of public higher education, black southern migrants formed the bpp. in the early 1960s, attending merritt college and other public universities radicalized huey newton, bobby seale, and many of the young people who joined the panthers' rank and file. in the face of social crisis and police violence, the most disfranchised sectors of the east bay's african american community--young, poor, and migrant--challenged the legitimacy of state authorities and of an older generation of black leadership. by excavating this hidden history, living for the city broadens the scholarship of the black power movement by documenting the contributions of black students and youth who created new forms of organization, grassroots mobilization, and political literacy.

Handbook on Human Service Administration

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Author by : Jack Rabin
Languange Used : English, France, Spanish, Italia and chinese
Page : 624
Isbn : 9780824779245
Identifier : 082477924X
Release : 1988-05-27
Publisher by : CRC Press
Category : Political Science
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Description : Read Now Handbook On Human Service Administration by Jack Rabin and you can download with pub, pdf, txt, doc, and more file format with free account. introducing theories and concepts essential for human services administration, this book covers organization theory and management, budgeting and financial management, personnel administration and labor relations, laws and regulations, innovation and change, and data administration and information systems. the author explores bioethics and managing "babies doe," legal right to refuse treatment, nursing home payments, and more. he applies important general concepts to specific concerns such as organizational structure and service delivery arrangements, internal financial planning, innovations in drug services delivery, and implementing medical information systems.

Wealth in the 21st Century

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Author by : Drew Millett
Languange Used : English, France, Spanish, Italia and chinese
Page : 136
Isbn : 0595147046
Identifier : 9780595147045
Release : 2000-12-01
Publisher by : iUniverse
Category : Business & Economics
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Description : Read Now Wealth In The 21st Century by Drew Millett and you can download with pub, pdf, txt, doc, and more file format with free account. a concise guide to the winners and losers of the 21st century. includes a detailed discussion of the united states labor market. useful for those interested in current events or looking for direction in their children's career.

Inequality, Economic Growth, and Technological Change New Aspects in an Old Debate ; with 5 Tables

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Author by : Volker Grossmann
Languange Used : English, France, Spanish, Italia and chinese
Page : 187
Isbn : 9783790813647
Identifier : 3790813648
Release : 2001-01-26
Publisher by : Springer Science & Business Media
Category : Business & Economics
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Description : Read Now Inequality Economic Growth And Technological Change by Volker Grossmann and you can download with pub, pdf, txt, doc, and more file format with free account. do more equal economies grow faster? which role does the public sector play for the relationship between inequality and growth? what is the impact of technological changes and capital accumulation on the distribution of wealth, income, and wages? how do social comparisons among individuals affect redistributive taxation, the wage structure, and the growth rate of an economy? to answer these questions is the goal ofthis book. i became interested in the issues ofdistribution and growth during my study of economics at the university of bonn and as an exchange student at the uc berkeley. most notably, i was stimulated by my academic teachers george akerlof, paul romer and axel weber. this book was written during my stay at the department ofeconomics at the university of regensburg, in the years 1997-2000. it is my doctoral dissertation in economics (university ofregensburg; day ofdisputation was th july 24 2000). i am very grateful to my supervisors wolfgang buchholz and josef falkinger for their continuous support and very helpful suggestions on many drafts of parts of this book. i am also indebted to my colleagues hartmut egger and martin summer for illuminating discussions as well as to participants of many conferences and research seminars where parts of this book have been presented. last but not least, i would like to thank my partner ronke osikominu for her moral support and my parents gerda and eberhard for more than ican say.

Collective Bargaining and Wage Formation Performance and Challenges

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Author by : Hannu Piekkola
Languange Used : English, France, Spanish, Italia and chinese
Page : 186
Isbn : 3790815985
Identifier : 9783790815986
Release : 2005-12-06
Publisher by : Springer Science & Business Media
Category : Business & Economics
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Description : Read Now Collective Bargaining And Wage Formation by Hannu Piekkola and you can download with pub, pdf, txt, doc, and more file format with free account. hannu piekkola and kenneth snellman etla, the research institute of the finnish economy, helsinki, finland the labour institute for economic research, helsinki, finland 1 the basic issues wages have traditionally been agreed on collectively in europe. the articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. the issues examined in these papers have a wide applicability to problems on the european labour markets. torben m. andersen and steinar holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. the other contributions are part of the project investigating collective bargaining in finland, carried out by etla (the research institute of the finnish economy) and the labour institute for e- nomic research. some of them use results from a finnish survey carried out by the two institutes etla and the labour institute on the views of employers and employees about labour relations and the labour market negotiation system. bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. by examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.

Karl Marx's Economics Critical Assessments

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Author by : John Cunningham Wood
Languange Used : English, France, Spanish, Italia and chinese
Page : 1116
Isbn : 9780415065092
Identifier : 0415065097
Release : 2004-11
Publisher by : Taylor & Francis
Category :
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Sustainability of Rice in the Global Food System

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Author by : Noreen G. Dowling
Languange Used : English, France, Spanish, Italia and chinese
Page : 404
Isbn : 9712201074
Identifier : 9789712201073
Release : 1998-01-01
Publisher by : Int. Rice Res. Inst.
Category : Food supply
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Description : Read Now Sustainability Of Rice In The Global Food System by Noreen G. Dowling and you can download with pub, pdf, txt, doc, and more file format with free account. food security; food system; rice production systems: challenges for rice research in asia; rice production systems: biodiversity; economic considerations; case studies.

The Economics of Human Systems Integration Valuation of Investments in People's Training and Education, Safety and Health, and Work Productivity

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Author by : William B. Rouse
Languange Used : English, France, Spanish, Italia and chinese
Page : 384
Isbn : 9781118058237
Identifier : 1118058232
Release : 2011-04-22
Publisher by : John Wiley & Sons
Category : Technology & Engineering
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Description : Read Now The Economics Of Human Systems Integration by William B. Rouse and you can download with pub, pdf, txt, doc, and more file format with free account. fundamental economic principles, methods, and tools for addressing human systems integration issues and tradeoffs human systems integration (hsi) is a new and fundamental integrating discipline designed to help move business and engineering cultures toward more human-centered systems. integrating consideration of human abilities, limitations, and preferences into engineering systems yields important cost and performance benefits that otherwise would not have been accomplished. in order for this new discipline to be effective, however, a cultural change—starting with organizational leadership—is often necessary. the economics of human systems integration explains the difficulties underlying valuation of investments in people's training and education, safety and health, and work productivity. it provides an overview of how the field of economics addresses these difficulties, focusing on human issues associated with design, development, production, operations, maintenance, and sustainment of complex systems. the set of thought leaders recruited as contributors to this volume collectively provides a compelling set of data and principles for assessing the economic value of investing in people, not just in general but in specific investment situations. the early chapters provide the contexts for hsi and investment analysis, illustrating the enormous difference context makes in how issues are best framed and analyzed. a host of practical methods and tools for investment valuation are then presented. provided are: a variety of real-world applications of economic analysis ranging from military acquisition and automotive investment to healthcare and high-tech investments in general, in both the u.s. and abroad a range of economics-based methods and tools for cost analysis, cost-benefit analysis, and investment analysis, as well as sources of data for performing such analyses differing perspectives on economic decision-making, including a range of private sector points of view, as well as government and regulatory perspectives in addition, five real-world case studies illustrate how such valuations have been done and their major impacts on investment decisions. hsi professionals, systems engineers, and finance professionals who address investment analysis will appreciate the wide range of methods and real-life applications; senior undergraduates and masters-level graduate students will find this to be an excellent textbook that provides theory and supports practice.

21st Century Economics: A Reference Handbook

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Author by : Rhona C. Free
Languange Used : English, France, Spanish, Italia and chinese
Page : 1000
Isbn : 1412961424
Identifier : 9781412961424
Release : 2010-05-14
Publisher by : SAGE
Category : Business & Economics
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Description : Read Now 21st Century Economics A Reference Handbook by Rhona C. Free and you can download with pub, pdf, txt, doc, and more file format with free account. interest in economics is at an all-time high. among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. americans are debating the proper role of the government in company bailouts, the effectiveness of tax cuts versus increased government spending to stimulate the economy, and potential effects of deflation. economists have dealt with such questions for generations, but they have taken on new meaning and significance. tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st century economics: a reference handbook is intended to meet the needs of several types of readers. undergraduate students preparing for exams will find summaries of theory and models in key areas of micro and macroeconomics. readers interested in learning about economic analysis of an issue as well students embarking on research projects will find introductions to relevant theory and empirical evidence. and economists seeking to learn about extensions of analysis into new areas or about new approaches will benefit from chapters that introduce cutting-edge topics. to make the book accessible to undergraduate students, models have been presented only in graphical format (minimal calculus) and empirical evidence has been summarized in ways that do not require much background in statistics or econometrics. it is thereby hoped that chapters will provide both crucial information and inspiration in a non-threatening, highly readable format.

People Management and Development Human Resource Management at Work

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Author by : Mick Marchington
Languange Used : English, France, Spanish, Italia and chinese
Page : 604
Isbn : 9780852929261
Identifier : 0852929269
Release : 2002
Publisher by : CIPD Publishing
Category : Personnel management
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Description : Read Now People Management And Development by Mick Marchington and you can download with pub, pdf, txt, doc, and more file format with free account. this is the leading textbook for students taking the cipd professional qualification and has been fully revised and rewritten to take account of the new academic standards that will be taught from september 2002. the title has been changed from core personnel and development to people management and development to reflect the change in the standards.