Uses theoretical models to analyse the macroeconomic implications of the dual labour market. Includes an introduction to the techniques of dynamic programming and the matching function.

This book reappraises the Japanese employment system, characterized by such practices as the periodic recruiting of new graduates, lifetime employment and seniority-based wages, which were praised as sources of high productivity and flexibility for Japanese firms during the period of high economic growth from the middle of the 1950s until the burst of bubbles in the early 1990s. The prolonged stagnation after the bubble burst induced an increasing number of people to criticize the Japanese employment system as a barrier to the structural changes needed to allow the economy to adjust to the new environment, with detractors suggesting that such a system only serves to protect the vested interests of incumbent workers and firms. By investigating what caused the long stagnation of the Japanese economy, this book examines the validity of this currently dominant view about the Japanese employment system. The rigorous theoretical and empirical analyses presented in this book provide readers with deep insights into the nature of the current Japanese labor market and its macroeconomic impacts.

Provides a new perspective on an important area of economic theory Supplements existing texts on the theory of labour markets Labour economics is a popular area and work covers some very topical issues e.g. minimum wage, gender, notion of natural rate of unemployment Well-known and respected author

Architectural Temperance outlines the artistic relations between Madrid and Rome from 1700 to 1758, under the first two Bourbon monarchs. The book focuses principally on the activities of several Spanish architects that were sent to Rome by the Spanish Crown to immerse themselves in Roman architectural culture, and the subsequent establishment of a program of architectural education at the newly founded Real Academia de Bellas Artes de San Fernando in Madrid. Victor Deupi explores why a nation such as Spain would temper her own building traditions with the larger, global trends of Roman art - both ancient and modern - rather than cultivate her own national and regional architectural traditions. Including previously unpublished documents and letters that shed light on the theoretical debates that shaped mid-18th century architecture in Madrid and Rome, Architectural Temperance provides an insight into18th century Spanish architecture in English.

This book discusses the institutional aspects of the American labor market. The introduction assesses the major changes since 1971.