The Labor Market Dynamics of Economic Restructuring
Ronald Schettkat
Gebundenes Buch

The Labor Market Dynamics of Economic Restructuring

The United States and Germany in Transition

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This study examines the labor markets of the United States and Germany, developing a framework for the analysis of labor market dynamics based upon the dynamic flow analysis, instead of the conventional labor stock data. Until recently, labor market analysis was mainly based on stock data, which is a suitable data source for structural and aggregate phenomena but does not allow for the analysis of processes that are behind the net changes identified by stock data. To identify the dynamic elements in the labor market, information on flows is needed. In recent years flow data have become availab...