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The Great Recession tested the ability of the "great U.S. jobs machine" to limit the severity of unemployment in a major economic downturn and to restore full employment quickly afterward. In the crisis the American labor market failed to live up to expectations. The level and duration of...
Persistent link: https://www.econbiz.de/10012459074
Workers have responded differently to declining union density in the US and UK. US workers have unfilled demand for unions whereas many UK workers free-ride at unionized workplaces. To explain this difference, we create a scalar measure of worker needs for representation and relate desire for...
Persistent link: https://www.econbiz.de/10012466359
We compute rates of growth in labor productivity during the 1973-80 period for samples of individual manufacturing firms, in both Japan and the U.S., and relate them to differences in the rates of growth in their capital-labor ratios and in their intensities of R&D effort. Japanese firms spent...
Persistent link: https://www.econbiz.de/10012477298
This paper compares and analyzes the growth of productivity in the manufacturing industries and firms in France and the …
Persistent link: https://www.econbiz.de/10012478144
rose by 3 percent. A decomposition of changing employment patterns in each of 450 industries reveals that the defense …-production workers since the shift is mostly due to changes in labor demand within industries rather than reallocation of employment … towards industries with higher shares of skilled labor. Strong correlations between within-industry skil1 upgrading and both …
Persistent link: https://www.econbiz.de/10012474707