Capitalism and Kinship: Do Institutions Matter in the Labor Market?

1992 ◽  
Vol 5 (1) ◽  
pp. 85-102 ◽  
Author(s):  
Peter B. Doeringer ◽  
Philip I. Moss ◽  
David G. Terkla
Keyword(s):  
Labor Market ◽  
New England ◽  
Labor Markets ◽  
Employment Growth ◽  
Fishing Industry ◽  
Industrial Growth ◽  
Institutional Rules ◽  
Labor Adjustment ◽  
Income Sharing

This study examines the determination of employment and pay on capitalist and kinship vessels in the New England fishing industry. Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels operate under work guarantees and income-sharing rules. These differences in institutional rules lead to different patterns of income, employment, growth, and labor adjustment. The study shows how an understanding of the institutional structure of labor markets can contribute to the design of public policies to facilitate adjustment to change and to promote industrial growth.

Capitalism and Kinship: Do Institutions Matter in the Labor Market?

ILR Review ◽  
1986 ◽  
Vol 40 (1) ◽  
pp. 48-60 ◽  
Author(s):  
Peter B. Doeringer ◽  
Philip I. Moss ◽  
David G. Terkla
Keyword(s):  
Labor Market ◽  
New England ◽  
Labor Markets ◽  
Employment Growth ◽  
Fishing Industry ◽  
Industrial Growth ◽  
Institutional Rules ◽  
Labor Adjustment ◽  
Income Sharing

This study examines the determination of employment and pay on “capitalist” and “kinship” vessels in the New England fishing industry. Capitalist vessels resemble standard competitive firms in the way that employment and pay respond to changing market conditions; kinship vessels operate under work guarantees and income sharing rules. These differences in institutional rules lead to different patterns of income, employment, growth, and labor adjustment. The study shows how an understanding of the institutional structure of labor markets can contribute to the design of public policies to facilitate adjustment to change and to promote industrial growth.

Structural Imbalances in Canadian Labor Markets

1994 ◽  
Author(s):  
S. Gera ◽  
S. S. Rahman ◽  
J. L. Arcand
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Growth Rates ◽  
Employment Growth ◽  
Dominant Factor ◽  
Industrial Sectors ◽  
Potential Sources ◽  
Interregional Disparities ◽  
The Relationship

The nature of structural imbalances in the Canadian Labor market is identified by analyzing the relationship between unemployment and job vacancies. Three potential sources of imbalances are examined: (1) the regional nature of the Canadian economy; (2) the rise in the incidence of long-term unemployment (of 12 months or more); and (3) differences in the rate of growth of unemployment across industrial sectors. The major findings are: growing structural imbalances; an increase in long-term unemployment was the major cause of the shift in most cases; both inter-and intraregional effects played a significant role, but interregional disparities were the dominant factor; and the dispersion in employment growth rates across industrial sectors did not seem to play a role.

scholarly journals Native Internal Migration and the Labor Market Impact of Immigration

2019 ◽  
pp. 531-572
Author(s):  
George J. Borjas ◽  
Barry R. Chiswick ◽  
George J. Borjas ◽  
Barry R. Chiswick
Keyword(s):  
Growth Rate ◽  
Labor Market ◽  
Labor Markets ◽  
Internal Migration ◽  
Wage Structure ◽  
Migration Behavior ◽  
Local Labor Markets ◽  
Migration Rates ◽  
Using Data

This chapter presents a theoretical and empirical study of how immigration influences the joint determination of the wage structure and internal migration behavior for native-born workers in local labor markets. Using data from the 1960–2000 decennial censuses, the study shows that immigration is associated with lower in-migration rates, higher out-migration rates, and a decline in the growth rate of the native workforce. The native migration response attenuates the measured impact of immigration on wages in a local labor market by 40 to 60 percent, depending on whether the labor market is defined at the state or metropolitan area level.

scholarly journals PPP Loans & State-level Employment Growth

2021 ◽  
pp. 1-7
Author(s):  
Murat Tasci ◽  
Bezankeng Njinju ◽  
Hana Braitsch
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Employment Growth ◽  
Negative Impact ◽  
State Level ◽  
Local Labor Markets

In this Economic Commentary, we focus on the first round of Paycheck Protection Program (PPP) loans granted beginning in March 2020 until early August 2020, when turbulence in the labor market was pronounced, in order to demonstrate the PPP’s effects on local labor markets. We find that PPP loans helped mitigate the negative impact of the pandemic recession on state-level employment growth. States that received most of their funding early in the loan period had smaller employment declines than did states that received comparable funds later in the period.

Movilidad laboral geográfica en un antiguo enclave minero. La inversión de un mercado de trabajo local

2016 ◽  
Vol 11 (18) ◽  
Author(s):  
Camilo Contreras Delgado
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Economic History ◽  
Labor Mobility ◽  
Work Place ◽  
Local Labor Markets ◽  
Local Labor Market ◽  
Local Factors ◽  
The Social ◽  
History Of

Resumen:Este artículo examina los fa c t o res internos y externos a una localidad que son copartícipes en la estructuración y reestructuración de su mercado de trabajo local. A partir de la revisión de la historia social y económica del lugar, se destaca su tránsito de enclave minero a lugar de residencia de mineros y trabajadores de maquiladoras. En este caso, se presenta la constitución de los mercados de trabajo locales como un resultado del encuentro de las condiciones del lugar de residencia de los trabajadores y el lugar donde se encuentra el centro de trabajo. De aquí que la movilidad laboral geográfica aparezca como una de las tácticas de los sujetos ante una situación de desempleo.Palabras clave: Mercado de trabajo, Minería, Maquiladoras, Mineros, Movilidad laboral, Desempleo.Abstract:This article examines the internal and external local factors shaping the structuring and restructuring of a local labor market. By reviewing the social and economic history of the community, this article underlines its transition from a mining setting to a residence place for miners and maquila workers. In this case, the constitution of local labor markets is presented as a result of the condition encounter of both workers residence place and the location of the work place. This is a reason explaining why geographical labor mobility comes to be an actor tactic to face unemployment.Key words: Labor market, Mining, Export-oriented industry, Miners, Labor mobility, Unemployment.

Labor Market Concentration and Worker Contributions to Health Insurance Premiums

2021 ◽  
pp. 107755872110129
Author(s):  
Mark K. Meiselbach ◽  
Matthew D. Eisenberg ◽  
Ge Bai ◽  
Aditi Sen ◽  
Gerard F. Anderson
Keyword(s):  
Labor Market ◽  
Health Insurance ◽  
Labor Markets ◽  
Health Plan ◽  
Fixed Effects ◽  
Health Benefits ◽  
Market Concentration ◽  
Medical Expenditure ◽  
Insurance Premiums ◽  
Health Insurance Premiums

In concentrated labor markets, where workers have fewer employers to choose from, employers may exploit their monopsony power by contributing less to workers’ health benefits. This study examined if labor market concentration was associated with higher worker contributions to health plan premiums. We combined publicly available data from the Census to calculate labor market concentration and the Medical Expenditure Panel Survey Insurance/Employer Component to determine premium contributions from 2010 to 2016 for metropolitan areas. After controlling for year fixed-effects and market characteristics, we found that higher labor market concentration was associated with higher worker contributions to health plan premiums, lower take-home income, and no change in employer contributions to premiums, consistent with the hypothesis that greater labor market concentration is associated with less generous health benefits. When evaluating the effects of mergers and acquisitions on labor markets, regulatory agencies should critically assess worker contributions to health insurance premiums.

scholarly journals Risk, Recessions and Resilience: Towards Sustainable Local Labor Markets through Employment Portfolio Analysis

2021 ◽  
Vol 13 (14) ◽  
pp. 7926
Author(s):  
Bharman Gulati ◽  
Stephan Weiler
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Positive Impact ◽  
The United States ◽  
Local Economy ◽  
Local Labor Markets ◽  
Local Labor Market ◽  
Business Survival ◽  
Trade Offs ◽  
New Business

This paper explores the role of local labor market dynamics on the survival of new businesses. The characteristics of the local labor market are likely to influence the survival of new businesses, the level of entrepreneurship, and the resilience of the regional economy. We apply portfolio theory to evaluate employment-based and income-based measures of risk-and-return trade-offs in local labor markets on new business survival in the United States. Our results show that volatility in local labor markets has a positive impact on new business survival, especially in Metropolitan Statistical Areas. The results are robust across different timeframes, including during economic downturns, thus highlighting the contribution of new businesses in developing the resilience of the local economy, and further promoting sustainable regional economic development.

scholarly journals Vocational training choice from a regional perspective

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Katja Schuster ◽  
Anne Margarian
Keyword(s):  
Labor Market ◽  
Secondary School ◽  
Labor Markets ◽  
Panel Study ◽  
Local Competition ◽  
Opportunity Structures ◽  
Upper Secondary ◽  
Welfare Implications ◽  
Urban Labor Markets ◽  
And Training

AbstractMotivated by discussions of skill mismatches on local German vocational educational and training (VET) markets, this paper analyses how occupational segments of VET entry of individuals with lower and intermediate secondary school degree relate to local labor market characteristics. The econometric analysis applies data from a survey conducted with 9th graders within the German National Educational Panel Study (NEPS). Considering opportunity structures and the local competition for training positions, we find that the match between occupations' skill demands and individuals' abilities tends to be specifically close in diverse and competitive urban labor markets. In non-competitive peripheral labor markets, in contrast, graduates with lower school certificates seem to have a higher likelihood of entering VET in segments that are specifically attractive for graduates with upper secondary school degree. The results on the allocation of abilities and the weight of preferences under different labor market conditions have different welfare implications from an individual, regional and general economic perspective.

scholarly journals Detecting Discrimination

1998 ◽  
Vol 12 (2) ◽  
pp. 101-116 ◽  
Author(s):  
James J Heckman
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Labor Market Discrimination ◽  
Gender Groups ◽  
The Way

The evidence on discrimination produced from the audit method is examined. Audits survey the average firm and not the marginal firm which determines the level of market discrimination. Taken on its own terms, there is little evidence of labor market discrimination from audit methods. The validity of audit methods is critically dependent on unverified assumptions about equality across race/gender groups of the distributions of unobserved (by audit designers) productivity components acted on by firms and about the way labor markets work. Audits can find discrimination when none exists and can disguise it when it does.

scholarly journals Market Imperfections and Income Distribution

2016 ◽  
Vol 16 (2) ◽  
pp. 1147-1167
Author(s):  
Ensar Yılmaz
Keyword(s):  
Labor Market ◽  
Income Inequality ◽  
Income Distribution ◽  
Labor Markets ◽  
Wage Rate ◽  
Consumption Patterns ◽  
Market Imperfections ◽  
Luxury Goods ◽  
Sector Model ◽  
Two Sectors

Abstract This paper aims to search links between market imperfections and functional income distribution. For this purpose we construct a two-sector model – wage goods and luxury goods producing sectors – incorporating imperfections of the product and labor markets under income inequality. In a structure with interdependent and partially monopolistic and competitive markets, we analytically trace up the effects of the changes in power relations proxied by the degree of mark-ups in the product and labor market. The model shows that price and wage mark-ups in two sectors have crucial income distribution implications for the agents in the economy to varying extents. It also demonstrates the effect of the existence of the differentiated consumption patterns arising from income inequality on income distribution. Furthermore, it seems that unemployment level creates externalities on wage rate and on corporate taxes of firms.

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