Roots of the Recent Recoveries : Labor Reforms or Private Sector Forces ?

@inproceedings{Jestaz2000RootsOT,
  title={Roots of the Recent Recoveries : Labor Reforms or Private Sector Forces ?},
  author={D. Jestaz and Edmund S. Phelps and Gylfi Zoega},
  year={2000}
}
FROM THE MID-1970s to the mid-1980s, most of the industrial economies of the Organization for Economic Cooperation and Development (OECD) suffered a sharp slide in economic activity, as measured both by employment in relation to the labor force and by male labor force participation in relation to the working-age population. This decline sparked new structuralist modeling of the determinants of employment and supplied an empirical record for testing the models. Some consensus has now emerged on… CONTINUE READING