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The problem of economic development,' as Lucas (1988) states it, is the problem of accounting for the observed diversity in levels and rates of growth of per capita income across countries and across time. We study conditions under which capital mobility and labor mobility (two seemingly...
Persistent link: https://www.econbiz.de/10012471679
and examines whether the US fulfills these criterion. The US's employment and productivity performance make it a … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10012470993
, Japanese firms resembled U.S. multinationals. A Japanese parent's employment, given the level of its production, tends to be … similar to that of Swedish firms, but contrasts with that of U.S. firms. U.S. firms appear to reduce employment at home …-wage countries. We conclude that in Japanese firms and ancillary employment at home to service foreign operations outweighs any …
Persistent link: https://www.econbiz.de/10012471148
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
Persistent link: https://www.econbiz.de/10012478304
Japanese industry, and have effects on employment and output in sectors producing tradeable goods. This paper presents … estimate the impact of swings in the effective real exchange rate of the dollar and the yen on manufacturing employment and … the U.S. employment. These results are part of a larger research project to estimate the effects of the movements in the …
Persistent link: https://www.econbiz.de/10012476576
A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment … new lifecycle of employment is initially high and flat, there is a dip in the middle and a phasing out that is more … and greater labor force recovery for those who take paid or unpaid leave. Increased employment of women in their older …
Persistent link: https://www.econbiz.de/10012455767
cohorts. It would appear that employment at older ages could stagnate or even decrease. But several other factors will be …
Persistent link: https://www.econbiz.de/10012456072
Persistent link: https://www.econbiz.de/10013480749
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of...
Persistent link: https://www.econbiz.de/10014437045
We identify "first generation" statistics to measure offshoring as the share of imported intermediate inputs in costs … demand and relative wages due to offshoring. A limitation of these statistics is that they cannot be used to measure the … impact on real wages, and for that purpose, we need price-based measures of offshoring. More recently, "second generation …
Persistent link: https://www.econbiz.de/10012455613