The objective of this article is to reconceptualize understanding of the economic and spatial processes of corporate restructuring and market exit. We ask what economic logic explains plant closure and firms’ exit from industries, and develop a comprehensive perspective on the nature of the...

The relationship between labor and capital is one of mutual antagonism and interdependence. Conflict occurs between labor and capital over control of the production process and conditions of employment. However, both classes need one another in order to produce and sustain a livelihood. Spatial...

The persistence of relatively high unemployment rates in certain regions of many western industrial countries is well-established. These problems have been acknowledged, in part, in macro-economic labour market policies and also in regional economic development programmes. The paper re-examines...

Adoption of international and U.S. financial accounting standards by leading German corporations presages a new era in European capital markets, with important implications for the design and management of German supplementary pensions. In this paper, we first introduce financial accounting...

Believed to be a robust alternative to Anglo-American market capitalism, the virtues of the German model are increasingly disputed as doubts are raised about its long-term prospects. At the core of the German model is a system of corporate governance that is characterized by concentrated...

Recently developed time series techniques are applied to the problem of predicting the possible regional impacts of a full employment policy in Canada. A brief critique of existing spatial labor market methods is presented. The focus of this critique is concerned with issues of serial...

Non-production workers are an increasing proportion of total manufacturing employment. Lower labor productivity has been argued to be one consequence, although it has also been argued that more non-production workers are necessary to increase labor productivity. Many have also suggested that...

In a previous study of US city inflation, I emphasized the temporal regularities of urban price inflation. But, despite these identified regularities, it is apparent that the process of inflation is rarely so regular and so systematic. Unanticipated shocks in three components, energy food, and...

This paper makes a number of contributions to our understanding of industrial restructuring and regional adjustment. A distinction is made between restructuring and economic growth and development, with the author arguing that restructuring is more than autonomous economic change; it is a process...

The theoretical heritage of job-search models is reconsidered, with a stress on their roots in neoclassical equilibrium theory. A different conception of the 'imperfect' information problem is proposed, namely what is called 'indeterminate' information. Competing economic and geographical models...