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Constraints on the Level and Efficient Use of Labor in Japan
Ono, Hiroshi; Rebick, Marcus E. - 2021
benchmark, we estimate that removal of these barriers would increase the productive labor supply in Japan by some 13 to 18 …
Persistent link: https://www.econbiz.de/10013225558
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Internal and External Labor Markets : An Analysis of Matched Longitudinal Employer-Employee Data
Abowd, John M.; Kramarz, Francis - 2021
We decompose the real annual full time compensation costs of 1.1 million French workers followed over 12 years into a part that reflects their external opportunity wage and a part that reflects their internal wage rate. Using these components of compensation we investigate the extent to which...
Persistent link: https://www.econbiz.de/10013240626
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Internal and External Labor Markets : A Personnel Economics Approach
Lazear, Edward P.; Oyer, Paul - 2021
Internal labor markets are those where workers are hired into entry level jobs and higher levels are filled from within. Wages are determined internally and may be quite free of market pressure. External labor markets imply that workers move somewhat fluidly between firms and wages are...
Persistent link: https://www.econbiz.de/10013229062
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Job Security and Work Force Adjustment : How Different are U.S. And Japanese Practices?
Abraham, Katharine G.; Houseman, Susan N. - 2021
Japan; adjustment of employment is significantly greater in the United States, while that of average hours is about the same … in the two countries. Although workers in Japan enjoy greater employment stability than do U.S. workers, we find … is borne by production workers. In Japan, female workers, in particular, bear a disproportionate share of adjustment …
Persistent link: https://www.econbiz.de/10013216120
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Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 2021
. Results are presented for the U. S., Japan, and an aggregate called "Europe" consisting of eleven European economies. The … uptrend in previously developed wage gap indexes for Japan and Europe between the 1960s and 1980s. If anything real wages in … Europe and Japan were too flexible rather than too rigid, in the sense that much of the increase in wage gap indexes in …
Persistent link: https://www.econbiz.de/10013244903
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Future Skill Shortages in the U.S. Economy?
Neumark, David - 2011
The impending retirement of the baby boom cohort represents the first time in the history of the United States that such a large and well-educated group of workers will exit the labor force. This could imply skill shortages in the U.S. economy. We develop near-term labor force projections of the...
Persistent link: https://www.econbiz.de/10013122470
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Failing the Test? The Flexible U.S. Job Market in the Great Recession
Freeman, Richard B. - 2013
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/10013073572
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The Impact of Foreclosure Delay on U.S. Employment
Herkenhoff, Kyle - 2015
This paper documents that the time required to initiate and complete a home foreclosure rose from about 9 months on average prior to the Great Recession to an average of 15 months during the Great Recession and afterward. We refer to these changes as foreclosure delay. We also document that many...
Persistent link: https://www.econbiz.de/10013015980
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Recent Trends in the Earnings of New Immigrants to the United States
Borjas, George J. - 2010
This paper studies long-term trends in the labor market performance of immigrants in the United States, using the 1960-2000 PUMS and 1994-2009 CPS. While there was a continuous decline in the earnings of new immigrants 1960-1990, the trend reversed in the 1990s, with newcomers doing as well in...
Persistent link: https://www.econbiz.de/10013150641
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Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States
Hellerstein, Judith K. - 2010
We study the relationship between Hispanic employment and location-specific measures of the distribution of jobs. We find that it is only the local density of jobs held by Hispanics that matters for Hispanic employment, that measures of local job density defined for Hispanic poor English...
Persistent link: https://www.econbiz.de/10013150734