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A Theory of Employment in Firms

Macroeconomic Equilibrium and Internal Organization of Work

  • Josef¬†Falkinger

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages I-X
  2. Josef Falkinger
    Pages 1-11
  3. Josef Falkinger
    Pages 13-33
  4. Josef Falkinger
    Pages 35-55
  5. Josef Falkinger
    Pages 85-115
  6. Josef Falkinger
    Pages 117-149
  7. Josef Falkinger
    Pages 177-188
  8. Back Matter
    Pages 189-206

About this book

Introduction

In a modern economy, production and competition require internal interaction of individuals in firms. The book provides a systematic treatment of the macroeconomic consequenses of this fact. For this purpose the concept of a two-stage monopolistic competition equilibrium is introduced into macroeconomic theory. Firms choose the capacity to organize internal interaction at stage 1 and compete at stage 2. The concept allows a rigorous analysis of the provision of work places and the economic determinants of the employable work force. The book explains why in the equilibrium of a market economy, even under flexible wages, no jobs may be provided for people who are employable from an efficiency point of view. The economic determinants of equilibrium employment covered by the analysis of the book are: New forms of work organization, changes in the skill structure of the labor force, market power of key factors for organization, expectations of investors and international capital movements.

Keywords

Employability Employment Job Creation Job Destruction Lean Macroeconomic Equilibrium Organization of Work Provision of Work Places Unemployment organization organizations production

Authors and affiliations

  • Josef¬†Falkinger
    • 1
  1. 1.Socioeconomic Institute Chair for Public Finance and MacroeconomicsUniversity of ZurichZurichSwitzerland

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-7908-2649-4
  • Copyright Information Physica-Verlag Heidelberg 2002
  • Publisher Name Physica, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-7908-1520-7
  • Online ISBN 978-3-7908-2649-4
  • Series Print ISSN 1431-1933
  • Buy this book on publisher's site