Synopsis
Focusing on the US manufacturing sector from 1972 to 1988, this study addresses the employer rather than worker side of the process, with attention to the relationship between job creation and destruction and employer characteristics. The picture that emerges is one of large, persistent, and highly concentrated gross job creation and destruction, with job destruction dominating the cyclical features of aggregate employment. Annotation c. by Book News, Inc., Portland, Or.
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From the Back Cover
Studies on the ebb and flow of jobs in the U.S. manufacturing sector during the last two decades. Surprising findings about where jobs are created and the frequency of job destruction have already simulated a body of journal articles and research by many other economists interested in the operation of labor markets, business cycle fluctuations, and the evolution of industries. the authors now present this research in a single, up-to-date, complete source with an explanation of their methods and a discussion of the usefulness of these concepts and measures for economic policy.
About the Author
Steven J. Davis is Professor of Economics at the University of Chicago, John C. Haltiwanger is Professor of Economics at the University of Maryland, and Scott Schuh is an economist at the Federal Reserve Bank of Boston.
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Job Creation and Destruction
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M. I. T. Press, 1996
ISBN 10: 0262041529
ISBN 13: 9780262041522
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