Job Security and Flexibility: Exploring Labour Market Dynamics

Description

This book examines the relationship between job security and job flexibility. Through an innovative conceptual approach, the concept of job flexicurity is presented to highlight the labour market dynamics between job flexibility and employee security. The dynamics of labour market mechanisms are placed within ideas of rigidity, security, flexibility, and plasticity to explore the interplay between different employee considerations. Particular attention is given to the Romanian labour market with an empirical case study that expands upon the ideas discussed. This book aims to analyse how job security and flexibility impact worker well-being and happiness. It will be relevant to students and researchers interested in labour economics and the job market. Contents List of Figures List of Tables Chapter 1: Introduction 1.1 Codified Rigidities—Law, Contracts and Jobs 1.1.1 Preliminaries 1.1.2 Laws 1.1.3 Contracts 1.1.4 Jobs 1.2 Economic Rigidities: Rigidities of the Labour Market 1.2.1 Preliminaries 1.2.2 The Concept of Rigidity in the Economy Field 1.2.3 Nominal Rigidity and Real Rigidity 1.2.4 A Qualitative Analysis of Rigidity 1.2.5 Impact of Rigidities on Economic Markets 1.2.6 Some Concluding Remarks on Rigidity 1.3 Psychological Rigidities: Cognitive/Rational Versus Affective/Emotional Rigidities 1.4 Labour Market: Imperfections and Rigidities Chapter 2: The Concepts of Job Security and Job Flexibility 2.1 Job Security 2.1.1 What Job Security Is Not, and What It Actually Is? 2.1.2 From Labour Market Rigidity to Job Security 2.1.3 What Contractual Rigidities Could Secure the Job? 2.1.4 What Institutional/Economic Rigidities Could Secure the Job? 2.1.5 What Psychological Rigidities Could Secure the Job? 2.2 Job Flexibility 2.2.1 Preamble 2.2.2 The Concept of Flexibility 2.2.3 Typologies of Flexibility 2.3 The Criteria of Classification 2.3.1 Flexibility on the Labour Market 2.4 Mechanisms of Flexibility on the Labour Market 2.4.1 Preliminaries 2.4.2 Basic Parameters of the State on the Labour Market 2.5 Causalities in the Flexibility on the Labour Market 2.5.1 About Causalities Towards Flexibility 2.5.2 About Ways to Get Flexibility 2.5.3 The Concept of “Dead Zone” in the Flexibility Matter 2.6 The Wage Package and the Flexibility of Job 2.6.1 The Concept of Wage Package 2.6.2 A Short Theoretical Discussion on the Wage Package 2.6.3 Some Proposals to Make the System of Autonomous Components of Earning More Efficient 2.6.4 Optimization Based on Wage Package 2.6.5 Flexibility Induced by Wage Package Chapter 3: Job Flexicurity 3.1 Contemporary Features of Job 3.1.1 Changes in Labour Nature 3.1.2 Changes in Labour Prestation (Work) 3.1.3 Changes in Labour Contract 3.2 Job Flexicurity—A Mix Between Security and Flexibility 3.2.1 Concept of the Mix 3.2.2 About a Mix Between Trade-off and Trade-on 3.3 The Function of Job Flexicurity 3.3.1 The Hypotheses 3.3.2 The Separate General Formalism 3.3.3 The Integrated General Formalism 3.3.4 Qualitative Analysis 3.3.5 Quantitative Analysis 3.4 A Graph of the Integrated Job Flexicurity Chapter 4: A Macroeconomic View on the Job Flexicurity 4.1 Preamble 4.1.1 On the Qualitative Predicates of the Job Flexicurity Functional 4.1.2 On the Polynomial Order of the Job Flexicurity Functional 4.1.3 The Flexicurity of Flexicurity: Flexicurity of Order 2 4.2 JFF as Saddle Surface 4.2.1 Brief Reminder of Exemplary Mathematical Issues 4.2.2 Construction of the Formal Expression of JFF 4.2.3 Some Qualitative Evaluations 4.3 Job Flexicurity Indicators: The General Conceptual Framework 4.3.1 The Quadrilateral Rigidity: Security–Flexibility–Plasticity Extended Discussion 4.4 List of Job Flexicurity Indicators 4.4.1 Preliminaries 4.4.2 Defining the Job Flexicurity Indicators 4.4.3 Criteria to Identify the Job Flexicurity Indicators 4.4.4 Classes of Job Flexicurity Indicators 4.4.5 Qualitative Analysis of the Job Flexicurity Indicators 4.4.6 On the Automatic Working of the Job Flexicurity Indicators References Chapter 5: A (Stylized) Formal Modelling of Job Flexicurity 5.1 Preamble 5.2 Some Methodological Highlighting 5.2.1 The Phenomenology of Positional Job Flexicurity Changing 5.2.2 Notations and Significations A Theoretical (Useful) Digression 5.2.3 Qualitative Assessment 5.2.4 Quantitative Assessment References Chapter 6: An (Illustrative) Case Study on Romania 6.1 Preamble 6.2 The Procedure Applied to the Empirical Analysis 6.2.1 Job Flexicurity Clauses in Romanian Labour Code 6.2.2 Distribution of Job Flexicurity Normative Clauses on the Qualitative Criteria 6.2.3 The Job Flexicurity Positional Vectors 6.3 Analysis and Interpretation 6.4 Conclusions 6.5 Authors’ Recommendations 6.6 Other Final Mentions Annexe 1: Clauses Regarding the Job Flexicurity Annexe 2: Distribution of Clauses Regarding the Job Flexicurity by Criteria Annexe 3: The Logic of Equilibrium Price Formation in a Free Market Forces Involved in the Formation of the Equilibrium Price Preamble Calculation of Attraction Forces References Index