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Excess Labour and the Business Cycle: A Comparative Study of Japan, Germany, the United Kingdom and the United States

机译:剩余劳动力与商业周期:日本,德国,英国和美国的比较研究

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摘要

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 ire integrated into the study. Throughout, discussion is linked to earlier research that has analysed the relative international performance of the Japanese labour market.
机译:在企业特定的人力资本理论的背景下,本文实证研究了日本,德国,英国和美国制造业在整个商业周期中持有过多劳动力的相对倾向。劳动力投入的库存和利用维度都已整合到研究中。在整个过程中,讨论与早先的研究相关,后者分析了日本劳动力市场的相对国际表现。

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