9783540672791: Nonlinear Labor Market Dynamics
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ISBN 10 : 3540672796 ISBN 13 : 9783540672791
Editeur : Springer, 2013

Synopsis

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.

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Éditeur
Springer
Date d'édition
2013
Langue
anglais
ISBN 10 
3540672796
ISBN 13 
9783540672791
Reliure
Broché
Nombre de pages
192
Coordonnées du fabricant
non disponible
Personne responsable
CMN Printpool Inh. Mathis Neumann
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Friedrich-Karl-Str. 9
Hamburg
Allemagne

Autres éditions populaires du même titre

9783642583490: Nonlinear Labor Market Dynamics

Edition présentée

ISBN 10 :  3642583490 ISBN 13 :  9783642583490
Editeur : Springer, 2011
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