haku: @author Vecchi, M. / yhteensä: 2
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Tekijä: | Vecchi, M. |
Otsikko: | Increasing returns, labour utilization and externalities: Procyclical productivity in the United States and Japan |
Lehti: | Economica
2000 : MAY, VOL. 67:266, p. 229-44 |
Asiasana: | USA Japan Productivity Corporate earnings Models Externalities Comparative research |
Kieli: | eng |
Tiivistelmä: | 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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