This research study will examine how labor manages productivity advances and crisis response in both the United States and Germany's automobile manufacturing sector, particularly in the context of technological application, workplace organization, and the political economies of both countries....

A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can potentially explain the unemployment crisis in the Great Depression. The limited responses of wages from credible bargaining to labor market conditions, along with the congestion...