Nonlinear Labor Market Dynamics

Language: English

Published by Springer, J.B. Metzler Mai 2000, 2000

3540672796 / 9783540672791

Series: Book 82 of 126 - Lecture Notes in Economics and Mathematical Systems

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This item is printed on demand - Print on Demand Titel. Neuware -Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation of labor market behavior where linear stochastic approaches fell. Time series studies for German labor market data support this point of view.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 192 pp. Englisch.

Seller Inventory # 9783540672791

Title
Nonlinear Labor Market Dynamics
Author
Michael Neugart
Publisher
Springer, J.B. Metzler Mai 2000
Publication year
2000
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3540672796
ISBN 13
9783540672791
Item weight
300 grams
Dimensions
235x155x11 mm
Series
Book 82 of 126: Lecture Notes in Economics and Mathematical Systems

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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