Labor Market Adjustments in the Pacific Basin

  • Peter T. Chinloy
  • Ernst W. Stromsdorfer

Table of contents

  1. Front Matter
    Pages i-xi
  2. Introduction

    1. Peter T. Chinloy, Ernst W. Stromsdorfer
      Pages 1-9
  3. Theoretical Framework: Institutions and the Labor Market

  4. Observed Dislocation: International Comparisons

  5. Domestic and International Shocks: Effects on Employment and Wages

  6. Compensation of Displaced Workers

    1. Front Matter
      Pages 203-203
    2. G. C. Archibald, Peter T. Chinloy
      Pages 205-241
    3. Daniel S. Hamermesh, Joseph J. Cordes, Robert S. Goldfarb
      Pages 243-265
  7. Back Matter
    Pages 267-270

About this book


Peter T. Chinloy and Ernst W. Stromsdorfer I. Background to Adjustments in Labor Markets The book examines the process of adjustment in labor markets across countries arising from external shocks and shifts in international competi­ tiveness. The examination of specific countries and their data permits a comparison of alternative institutions for compensating and redeploying labor. Four countries are involved, whose labor markets are both competi­ tive and complementary: Canada, Japan, Mexico, and the United States. Both public labor market institutions, such as direct government com~ pensation of displaced workers and the effect of unemployment insurance, and private market arrangements, such as em loyer-employee agreements on layoffs, the work contract, and severance pay, are considered. Compara­ tive examination across countries of labor market and related insitutions is thus possible. The book has a common theme, namely the adjustment of labor markets to exogenous shocks, particularly those externally induced. The unifying focus in on workers whose specific skills in an industry or firm render them relatively immobile.


Japan Job Security economy institutions international trade labor market labor markets migration

Editors and affiliations

  • Peter T. Chinloy
    • 1
  • Ernst W. Stromsdorfer
    • 2
  1. 1.Department of EconomicsUniversity of Santa ClaraSanta ClaraUSA
  2. 2.Department of EconomicsWashington State UniversityPullmanUSA

Bibliographic information

  • DOI
  • Copyright Information Springer Science+Business Media B.V. 1987
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-7958-7
  • Online ISBN 978-94-009-3251-7
  • Buy this book on publisher's site