of adjustment to these shocks are then compared to the results from US regional data. We find that the underlying shocks … are significantly more idiosyncratic across EC countries than across US regions, which may indicate that the EC will find … neighbors, experience shocks of similar magnitude and cohesion as the US regions. EC countries also exhibit a slower response to …

Workers have responded differently to declining union density in the US and UK. US workers have unfilled demand for … worker needs for representation and relate desire for unionism to this measure and to the choices that the US and UK labor … opposes unionism, compared to management having a neutral view. Much of the difference in the response of US and UK workers to …

The European Union and the United States operate different variants of market capitalism. The EU model uses social … dialogue institutions to help determine economic outcomes, particularly in the labor market, whereas the US relies more on …

Globalization of scientific and technological knowledge has reduced the US share of world scientific activity …; increased the foreign-born proportion of scientists and engineers in US universities and in the US labor market; and led to … greater US scientific collaborations with other countries. China's massive investments in university education and R&D has in …

This study contrasts the labor market performance of the U.S. and OECD Europe in the 1980s and critically evaluates the … view that the U.S. has generated more jobs because its labor market is more 'flexible'. The study finds that the greater … employment expansion in the U.S. was associated with slower growth of real wages and productivity than in most of OECD Europe …

and the US. Second, it may improve macroeconomic management by increasing the responsiveness of wages and prices to market …

. This leads us to distinguish an EC "core" (made up of Germany and its immediate neighbors) and an EC periphery (made up of …