Burgess, Simon (1994) Where did Europe fail? A disaggregate comparison of net job generation in the USA and Europe. CEPDP (192). London School of Economics and Political Science. Centre for Economic Performance, London, UK.
Full text not available from this repository.Abstract
One outstanding macroeconomic feature of the past twenty years is the divergent employment growth of the USA and Europe. This paper investigates this, highlighting the nature of the differences and focusing on the flexibility of labour markets and the capability of an economy to reallocate labour. The main results are (i) there is weak evidence that the US is better at reallocating jobs than Europe, (ii) investigating the cycle, the main contrast between US industries and the European industries is in the upswing, (iii) employment growth experience in atypical US industry is more diverse than in the European counterpart.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk |
| Additional Information: | © 1994 Simon Burgess |
| Divisions: | Centre for Economic Performance STICERD |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 18 Aug 2008 14:22 |
| Last Modified: | 13 Sep 2024 19:35 |
| URI: | http://eprints.lse.ac.uk/id/eprint/20906 |
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