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Doing it right? The US labour market response to the 1980s/1990s

Freeman, Richard B. (1995) Doing it right? The US labour market response to the 1980s/1990s. CEPDP, 231. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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In this paper I examine both the positive and negative aspects of the US labor market response to the economic world of the 1980s/1990s. I review the economic development that created difficulties in the US and other advanced economies post the first oil shock; consider how a decentralised labor market might be expected to respond to them; and summarise the American response. I conclude by assessing the social welfare consequences of the American response relative to that in Europe.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 1995 Richard Freeman
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Identification Number: 231
Date Deposited: 13 Aug 2008 16:41

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