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Is the U.S. Labor Market Really That Exceptional? A Review of Richard Freeman

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  • Stephen Nickell

Abstract

America Works is a splendid book and Richard Freeman is to be congratulated on producing a work that sets out what is right and what is wrong with the U.S. labor market while being a joy to read. While I am generally sympathetic to both the analysis and the conclusions, there are a number of points of disagreement that I highlight in this review. In particular, I would add to his policy recommendations by taking a gamble and enacting a law that entitled all employees in the United States to four weeks paid holiday per year in addition to public holidays. This may transform summertime in the United States.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jel.46.2.384
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 46 (2008)
Issue (Month): 2 (June)
Pages: 384-95

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Handle: RePEc:aea:jeclit:v:46:y:2008:i:2:p:384-95

Note: DOI: 10.1257/jel.46.2.384
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  1. Samuel Bowles & Yongjin Park, 2004. "Emulation, Inequality, and Work Hours: Was Thorsten Veblen Right?," UMASS Amherst Economics Working Papers 2004-14, University of Massachusetts Amherst, Department of Economics.
  2. Stephen Nickell, 2004. "Poverty And Worklessness In Britain," Economic Journal, Royal Economic Society, vol. 114(494), pages C1-C25, 03.
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Cited by:
  1. Ana Rute Cardoso & Daniel S. Hamermesh & José Varejão, 2008. "The Timing of Labor Demand," UFAE and IAE Working Papers 759.08, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  2. Daiji Kawaguchi & Jungmin Lee & Daniel S. Hamermesh, 2012. "A Gift of Time," NBER Working Papers 18643, National Bureau of Economic Research, Inc.

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