search query: @indexterm Productivity / total: 1465
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| Author: | Vecchi, M. |
| Title: | Increasing returns, labour utilization and externalities: Procyclical productivity in the United States and Japan |
| Journal: | Economica
2000 : MAY, VOL. 67:266, p. 229-44 |
| Index terms: | USA Japan Productivity Corporate earnings Models Externalities Comparative research |
| Language: | eng |
| Abstract: | The phenomenon of procyclical productivity has always stimulated a particular interest in macroeconomic and labour market debates. This study focuses on the United States and Japan, since the different industrial relations in these two economies serve to cast a sharper light on the procyclical productivity debate. The phenomenon of labour hoarding is evaluated and a comprehensive interpretation is provided. |
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