The Structure of Employment, Globalization, and Economic Crises: Rethinking Contemporary Employment Dynamics with a Focus on the U.S. and Japan

James Heintz

Working Papers from Political Economy Research Institute, University of Massachusetts at Amherst

Abstract: This paper explores the intersections between the current trajectory of globalization, changes to the structure of employment, and policies for maintaining opportunities for decent employment. There are numerous outcomes of these interactions, including higher levels of open unemployment, growth of informal employment, downward pressure on the returns to labor, and a redistribution of risk from capital to labor. Common factors have affected labor demand and labor supply in a range of countries, but specific employment outcomes are dependent on domestic institutions and structural realities. Within this broader framework, the paper examines changing patterns of employment in Japan and the U.S. in recent years, including the experience of both countries with regard to financial bubbles and subsequent crises.

Keywords: J21; O43; P48 (search for similar items in EconPapers)
Date: 2010
New Economics Papers: this item is included in nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://per.umass.edu/fileadmin/pdf/working_papers ... rs_201-250/WP242.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to per.umass.edu:443 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uma:periwp:wp242

Access Statistics for this paper

More papers in Working Papers from Political Economy Research Institute, University of Massachusetts at Amherst Contact information at EDIRC.
Bibliographic data for series maintained by Judy Fogg ( this e-mail address is bad, please contact ).