| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4548 |
| 来源ID | Working Paper 4548 |
| Labor Adjustment Under Different Institutional Structures: A Case Study of Germany and The United States | |
| Susan N. Houseman; Katharine G. Abraham | |
| 发表日期 | 1993-10-01 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | Like most Western European countries, Germany stringently regulates dismissals and layoffs. Critics contend that this regulation raises the costs of employment adjustment and hence impedes employers' ability to respond to fluctuations in demand. Other German labor policies, however, most especially the availability of unemployment insurance benefits for those on short time, facilitate the adjustment of average hours per worker in lieu of layoffs. Building on earlier work, we compare the adjustment of employment, hours and inventories to demand shocks in the German and U.S. manufacturing sectors. We find that, in the short run, whereas U.S. employers rely principally on the adjustment of employment levels to respond to demand shocks, German employers rely principally on the adjustment of average hours per worker. The adjustment of overall labor input is generally similar in the two countries. Short-time work makes a very important contribution to short-run hours adjustment in Germany. We find little evidence that inventories help to buffer demand fluctuations in either country. Our findings suggest that, given appropriate supporting institutions, strong worker job security can be compatible with employers' need for flexibility in staffing levels. |
| URL | https://www.nber.org/papers/w4548 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561892 |
| 推荐引用方式 GB/T 7714 | Susan N. Houseman,Katharine G. Abraham. Labor Adjustment Under Different Institutional Structures: A Case Study of Germany and The United States. 1993. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4548.pdf（460KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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