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Excess labour and the business cycle: A comparative study of Japan, Germany, the United Kingdom and the United States

Hart, R.A., and Malley, J.R. (1996) Excess labour and the business cycle: A comparative study of Japan, Germany, the United Kingdom and the United States. Economica, 63 (250). pp. 325-342. ISSN 0013-0427

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Publisher's URL: http://www.jstor.org/stable/2554766

Abstract

Against 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 labour over the business cycle. Both stock and utilization dimensions of the labour input are integrated into the study. Throughout, discussion is linked to earlier research that has analysed the relative international performance of the Japanese labour market.

Item Type:Article
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Malley, Prof James
Authors: Hart, R.A., and Malley, J.R.
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Economica
Publisher:Wiley-Blackwell Publishing Ltd.
ISSN:0013-0427
ISSN (Online):1468-0335

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