Excess Labour and the Business Cycle: A Comparativer Study of Japan, Germany, the United Kingdom and the United States
AbstractAgainst the background of firm-specific human capital theory, this paper investigates empirically the relative propensity of manufacturing industries in Japan, Germany, the United Kingdom, and the United States to hold excess labor over the business cycle. Both stock and utilization dimensions of the labor input are integrated into the study. Throughout, discussion is linked to earlier research that has analyzed the relative international performance of the Japanese labor market. Copyright 1996 by The London School of Economics and Political Science.
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Bibliographic InfoPaper provided by University of Stirling, Division of Economics in its series Working Papers Series with number 93/6.
Date of creation: May 1993
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- Hart, Robert A & Malley, Jim, 1996. "Excess Labour and the Business Cycle: A Comparative Study of Japan, Germany, the United Kingdom and the United States," Economica, London School of Economics and Political Science, vol. 63(250), pages 325-42, May.
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- Inklaar, Robert, 2005.
"Cyclical productivity in Europe and the United States, evaluating the evidence on returns to scale and input utilization,"
GGDC Research Memorandum
200574, Groningen Growth and Development Centre, University of Groningen.
- Robert Inklaar, 2007. "Cyclical Productivity in Europe and the United States: Evaluating the Evidence on Returns to Scale and Input Utilization," Economica, London School of Economics and Political Science, vol. 74(296), pages 822-841, November.
- Inklaar, Robert, 2006. "Cyclical Productivity in Europe and the United States, Evaluating the Evidence on Returns to Scale and Input Utilization," CEPR Discussion Papers 5501, C.E.P.R. Discussion Papers.
- Hildreth, A-K-G & Ohtake, F, 1997.
"Labor Demand and the Structure of Adjustment Costs in Japan,"
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0434, Institute of Social and Economic Research, Osaka University.
- Hildreth, Andrew K. G. & Ohtake, Fumio, 1998. "Labor Demand and the Structure of Adjustment Costs in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 12(2), pages 131-150, June.
- Andrew Hildreth and Fumio Ohtake, . "Labor Demand and the Structure of Adjustment Costs in Japan," Economics Discussion Papers 469, University of Essex, Department of Economics.
- J Malley & V A Muscatelli., .
"Business Cycles and Productivity Growth: Are Temporary Downturns Productive or Wasteful?,"
9605, Business School - Economics, University of Glasgow.
- Malley, Jim & Muscatelli, V. Anton, 1999. "Business cycles and productivity growth: Are temporary downturns productive or wasteful?," Research in Economics, Elsevier, vol. 53(4), pages 337-364, December.
- Stuart Glosser & Lonnie Golden, 2005. "Is labour becoming more or less flexible? Changing dynamic behaviour and asymmetries of labour input in US manufacturing," Cambridge Journal of Economics, Oxford University Press, vol. 29(4), pages 535-557, July.
- Julia Darby & Robert A Hart & Michaela Vecchi, 1998. "Labour Force Participation and the Business Cycle: A Comparative Analysis of Europe, Japan and the United States," Working Papers 9802, Business School - Economics, University of Glasgow.
- Darby, Julia & Hart, Robert A. & Vecchi, Michela, 2001. "Labour force participation and the business cycle: a comparative analysis of France, Japan, Sweden and the United States," Japan and the World Economy, Elsevier, vol. 13(2), pages 113-133, April.
- Robert A. Hart & J Malley (University of Glasgow), 1996. "Labor Productivity and the Cycle," Working Papers 9613, Business School - Economics, University of Glasgow.
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