greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …

greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …

Why is Europe's employment rate almost 10 percent lower than that of the United States? This "jobs gap" has typically … been blamed on the rigidity of European labor markets. But in Services and Employment, an international group of leading … actually a services gap. But, Services and Employment asks, why does the United States consume services at such a greater rate …

slowdown was largely offset by faster growth in employment per capita, leaving little difference in growth of output per capita … between the EU and US going back to 1980. This paper is about the strong negative tradeoff between productivity and employment … between productivity and employment growth, and we show that there is a robust negative correlation between productivity and …