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
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.
|Glasgow Author(s):||Malley, Prof James|
|Authors:||Hart, R.A., and Malley, J.R.|
|College/School:||College of Social Sciences > Adam Smith Business School > Economics|
|Publisher:||Wiley-Blackwell Publishing Ltd.|