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)|
|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)
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