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

Richard Freeman

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: 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.

JEL-codes: J01 R14 (search for similar items in EconPapers)
Date: 1995-03
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http://eprints.lse.ac.uk/20768/ Open access version. (application/pdf)

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Working Paper: Doing It Right? The US Labour Market Response to the 1980s/1990s (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:20768

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