Bøger i Studies in Contemporary Economics serien

The Iabor demand for immigrants has declined in the last 15 years while the foreign population and Iabor supply has increased. The fall of the Berlin wall and the collapse of the communist regimes in East Europe further increased the blue collar Iabor supply and strengthened the competition for foreign workers on the German Iabor market.

This is modeled by application of the concept of thehazard rate which denotes the conditional exit rate fromunemployment over time given elapsed unemployment duration.

An analysis of the political and economic implications of system transformation as experienced in Central and Eastern Europe and China. Key topics discussed include the policy aspects of privatization, industrial restructuring and the adjustment of fiscal systems and policies.

Modem economic research has shown that both of these fields of economic causalities - which are themselves afIected by a wide variety of interdependencies - detennine the economic destiny of the national economies and of their actors in the industrial, newly industrializing, transitional and developing countries.

European central bank policy is already taking place today in an informal way. It comprises, in short, European exchange rate management and interest rate policy decisions within and without the European Monetary System (EMS).

Against the background of the international debt problem which originated with the oil shocks of the seventies, this book undertakes a theoretical analysis of the factors determining aggregate external debt, using the example of a raw material importing country.

The object of research has been transformation defined as transition from a given economic order (socialist planned economy e.g.) to a consistent new or der (market economy).

The investment good market, together with the consumer good market, the money market and the labour market, are indeed the most extensively studied markets.

The papers in this volume were fIrst presented at a symposium on "An Expanded Public Role in Job Training? Ritzen Erasmus University Rotterdam Minister of Education and Science The Netherlands David Stem School of Education University of California, Berkeley Two factors are contributing to an increased interest in the training of adult employees.

The past approach to the international debt crisis has been traditionally based on conventional banking principle in which debt had to be paid back in fuH and in time. Usually debt was seen as a 'white-black' phenomenon with debtor countries accusing creditor countries for causing the crisis and vice versa.

The economic growth also induced extra labour supply, especially of married women, which altogether led to a smaller reduction in the unemployment rate than could have been expected in view of the economic growth (see Rapportage Arbeidsmarkt, 1989).

Provides an up-to-date theoretical discussion with applications of the issue of income distribution models, income inequality measurement, decomposition and inference, and the basic issue of the source and reliability of income and wealth distribution statistics.

In parallel with the movement toward widening and deeping of western European economic integration, we find an increased integration of eastern Europe to world trade and finance as well as regional integration in North America and in East Asia.

Furthermore, it is less the nominal wage stickiness than the real wage rigidity which impedes market clearing. Most neo-Keynesian theories in recent years, therefore, try, given rational behavior of economic agents, to disentangle factors which are responsible for real rigidities in labor markets as well as in product markets.

project was the development and application of a model of central and local government behavior. The project's aim was the study of the determinants of local government decisionmaking in the Netherlands and the implications of so-called intergovernmental relations for local government behavior.

This book studies optimal economic growth in a closed economy which experiences non-stable population growth. 1.1 Growth theory and demographic change The theory of economic growth (e.g.

This study offers a systematic analysis of basic questions relating to equitable income taxation. I hope that the present book will contribute to this continuing discus sion, presenting results from modern social-choice theory and optimum taxation theory in order to gain further insights into the problem of income taxation.

Papers presented at a symposium held Oct. 7-8, 1993 at Universit'at Passau.

( . . . ) In the case of Chrematistic, circulation is the source of riches. ( . . . ) Oeconomic, not Chrematistic, has a limit ( . . . ;) the object of the former is something different from money, of the latter the augmenta tion of money ( . .

Originally presented as the author's thesis (doctoral)--Universit'at M'unchen, 1992.

In view of the prominent role of price theory in mainstream economics one would guess that-the system is perceived to comprise mainly contracts as co-ordinating procedures: prices form a constituent part of contracts on markets but not of other co-ordination procedures.

The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt.This in turn requires a dynamic path of monetary and fiscalpolicy: As a response to the shock, the central bankcontinuouslyadapts the quantity of money so as to keep upfull employment all the time.