dunnettreader + 1990s   5

Laurent Belsie - The Link between High Employment and Labor Market Fluidity | NBER Digest - Jan 2015
Declining rates of creative destruction and factor reallocation raise concerns about future productivity growth and youth employment. U.S. labor markets lost much of their fluidity well before the onset of the Great Recession, according to Labor Market Fluidity and Economic Performance (NBER Working Paper No. 20479). The economy's ability to move jobs quickly from shrinking firms to young, growing enterprises slowed after 1990. Job reallocation rates fell by more than a quarter. After 2000, the volume of hiring and firing - known as the worker reallocation rate - also dropped. The decline was broad-based, affecting multiple industries, states, and demographic groups. The groups that suffered the most were the less-educated and the young, particularly young men.
US_economy  economic_history  1990s  2000s  2010s  links  creative_destruction  labor_markets  unemployment  wages  competition  firm-theory  economic_growth 
january 2015 by dunnettreader
Hyeng-Joon Park - Korea’s Post-1997 Restructuring: An Analysis of Capital as Power | forthcoming in Review of Radical Political Economics (2015) pp. 1-44 | bnarchives
This paper aims to transcend current debates on Korea’s post-1997 restructuring, which rely on a dichotomy between domestic industrial capital and foreign financial capital, by adopting Nitzan and Bichler’s capital-as-power perspective. Based on this approach, the paper analyzes Korea’s recent political economic restructuring as the latest phase in the evolution of capitalist power and its transformative regimes of capital accumulation. -- Keywords: differential accumulation dominant capital chaebols transnationalization strategic sabotage -- Subjects: BN State & Government, BN Institutions, BN Power, BN International & Global, BN Region - Asia, BN Business Enterprise, BN Value & Price, BN Crisis, BN Production, BN Conflict & Violence, BN Money & Finance, BN Distribution, BN Comparative, BN Capital & Accumulation, BN Policy, BN Class, BN Labour, BN Growth -- downloaded from author's blog to Note
article  international_political_economy  capital_as_power  globalization  Korea  East_Asia  20thC  21stC  economic_history  1990s  2000s  2010s  Asian_crisis  Asia_Pacific  international_finance  FDI  finance_capital  financialization  emerging_markets  oligopoly  chaebols  crony_capitalism  industry  production  capitalism  capitalism-systemic_crisis  capitalization  accumulation  distribution-income  distribution-wealth  cross-border  trade  productivity-labor_share  class_conflict  labor_share  Labor_markets  unions  violence  economic_growth  sabotage-by_business  business-and-politics  business-norms  power-asymmetric  public_policy  public_goods  corporate_finance  corporate_ownership  investment  banking  political_culture  economic_culture  economic_reform  economic_policy  democracy  opposition  downloaded  EF-add 
october 2014 by dunnettreader
Janice Peterson - Welfare Reform and Inequality: The TANF and UI Programs | JSTOR: Journal of Economic Issues, Vol. 34, No. 2 (Jun., 2000), pp. 517-526
The threat was already well known that Clinton welfare reform gains were a result of the booming economy, still left beneficiaries in the working poor world, and would create major problems in an economic downturn -- especially since it reinforced the hierarchy of 20thC social support programs that devalued and discriminated against women's work, removed some safeguards for especially vulnerable poor women with children who had fragile attachment to the labor market, and failed to forsee perverse interaction between the employment requirements of TANF qualifications and eligibility for unemployment insurance. The article reviews literature already emerging on the destructive features of the program design - which were exacerbated in the Great Recession by block grants to states with pro-cyclical budget constraints and in Red States interested only in further reducing welfare rolls and recipients of unemployment insurance, and a Congress hijacked by the Tea Party antagonistic to any countercyclical fiscal policy, especially for poor and unemployed. Short article, didn't download
article  jstor  US_economy  US_politics  state_government  welfare  poverty  women-work  poor-working  unemployment  gender_gap  1990s  Clinton_Administration  Democrats  social_insurance 
september 2014 by dunnettreader
David H. Ciscel - The Living Wage Movement: Building a Political Link from Market Wages to Social Institutions | JSTOR: Journal of Economic Issues, Vol. 34, No. 2 (Jun., 2000), pp. 527-535
Plus çà change - even in the good times of the 1990s boom, low wages were not keeping up with maintaining minimum living standards without supplemental government assistance -- Looks at attempts in late 1990s to build political pressure for an increased minimum wage - already the low end service sector was seeing growing between their stagnant wages and growing GNP, with gains going to upper cohorts. Special issues already including (1) service sector jobs with lots of women, so degraded status, (2) outsourcing of jobs that would have been low end civil service, reducing both pay and benefits plus job security. Gives a history of the periodic movements for defining minimum wage levels to incorporate the costs of reproducing the labor force, from health care, child care, nutrition etc. Early 20thC movement was for a "family wage" pushed by unions, but problems for feminists that the focus on family defined women's roles in the home as part of determining what employment should produce as base compensation for maintaining the family, with women's work uncompensated. Short article, didn't download
article  jstor  economic_history  political_economy  economic_culture  US_economy  20thC  Progressive_Era  1990s  wages  wages-minimum  women-work  feminism  feminist_economics  unions  inequality  Democrats  productivity-labor_share  gender_gap  alliances-political  movements-political  US_politics  poor-working  poverty 
september 2014 by dunnettreader
Jonathan E. Leightner - Asia's Financial Crisis, Speculative Bubbles, and Under-Consumption Theory | JSTOR: Journal of Economic Issues, Vol. 34, No. 2 (Jun., 2000), pp. 385-392
He looks at Asian high savings rates (and global imbalances) in 1990s and returns to Mummery& Hobson theory of under-consumption from late 19thC -- Mummery, A. F., and J. A. Hobson. The Physiology of Industry: Being an Exposure of Certain Fallacies in Existing Theories of Economics. London: J. Murray, 1889, reprint Fairfield, N.J.: Augustus M. Kelley Publishers -- His doctoral work looks to have focused on comparative growth patterns and importance of balanced growth of social and economic classes in providing consumer demand that pushes new technology and productivity gains -- dangers of inequality and benefits of more equal distribution -- Leightner, Jonathan E. "The Compatibility of Growth and Increased Equality: Evidence from Thailand, the United Kingdom, Sweden, and South Africa." Unpublished part of Ph.D. diss -- short article, didn't download
article  jstor  economic_history  political_economy  1990s  Asian_crisis  international_political_economy  international_finance  financial_crisis  consumer_demand  inequality  savings  global_imbalance  economic_growth  economic_theory  19thC  Victorian  demand-side  development  bubbles  speculative_finance  EF-add 
september 2014 by dunnettreader

related tags

19thC  20thC  21stC  1990s  2000s  2010s  accumulation  alliances-political  article  Asian_crisis  Asia_Pacific  banking  bubbles  business-and-politics  business-norms  capitalism  capitalism-systemic_crisis  capitalization  capital_as_power  chaebols  class_conflict  Clinton_Administration  competition  consumer_demand  corporate_finance  corporate_ownership  creative_destruction  crony_capitalism  cross-border  demand-side  democracy  Democrats  development  distribution-income  distribution-wealth  downloaded  East_Asia  economic_culture  economic_growth  economic_history  economic_policy  economic_reform  economic_theory  EF-add  emerging_markets  FDI  feminism  feminist_economics  finance_capital  financialization  financial_crisis  firm-theory  gender_gap  globalization  global_imbalance  industry  inequality  international_finance  international_political_economy  investment  jstor  Korea  labor_markets  labor_share  links  movements-political  oligopoly  opposition  political_culture  political_economy  poor-working  poverty  power-asymmetric  production  productivity-labor_share  Progressive_Era  public_goods  public_policy  sabotage-by_business  savings  social_insurance  speculative_finance  state_government  trade  unemployment  unions  US_economy  US_politics  Victorian  violence  wages  wages-minimum  welfare  women-work 

Copy this bookmark:



description:


tags: