Following the analytical approach suggested in Campbell, the authors consider a baseline real-business-cycle (RBC) model with endogenous labor supply. They observe that the coefficients in the loglinear approximation of the dynamic equations characterizing the equilibrium are related to the fundamental parameters in a relatively simple manner.…

Social scientists have increasingly come to recognize the informal economy as a prominent and permanent structural feature of modern society. Rural sociologists have made a considerable contribution to this literature, demonstrating informal work to factor prominently in the livelihood strategies of rural Americans. Despite this scholarly…

The contemporary conflict between blacks and selected white ethnic groups (Catholic immigrants, Jews) is the product of competition for jobs in the secondary labor market. Radical economists have described the existence of a dual labor market within the American economy. The idea of this segmented labor market provides a useful way to integrate…

In September 1986, a comprehensive labor market survey of Santa Cruz County, California, was conducted by Cabrillo College to assess the employment and training needs of business leaders in the county. Questionnaires mailed to 428 randomly selected businesses and services yielded the following findings: (1) the service and retail industries were…

Employer-sponsored, job-related training as a means of satisfying labor demands has potentially profound implications for the operation of the nation's economic system. The alternatives of bidding for desired workers and downgrading job requirements tend to increase inflation and lessen productivity. Since the end of the 1960's, the ability of…

This paper examines the economic push factors encouraging migration from the Caribbean Basin to the United States, as part of an assessment of the effectiveness of the Immigration Reform and Control Act of 1986. The basic assumption is that much of the migration is motivated by a desire to improve economic circumstances, and that the…

According to reliable statistical information from a wide variety of sources, the hospitality industry in the United Kingdom is a significant growth industry that employed more than 2 million people (7% of the country's work force) in 1994. Of those individuals, 685,000 were employed in catering services sectors (with hospitals, retirement/nursing…

The education-to-labor market transitions experienced by young people in England and in eastern and western Germany were compared. The eastern German portion of the study was based on a 1996 study that included a survey of 100 trainers and 1,000 apprentices in 12 companies; in-depth interviews with 18 trainers, career advisers, and others; and…

Recent labor market and economic trends have spotlighted the need for work force development systems and policies to simultaneously serve employers seeking qualified workers and individuals who want to find work and advance toward self-sufficiency. This need has in turn led to the development of labor market intermediaries that can perform a wide…