Abstract

Introduction Clair Brown, Barry Eichengreen and Michael Reich Part I. Political Economy and Labor Market Institutions: 1. Institutions and wages in post-World War II America Frank Levy and Peter Temin 2. American exceptionalism and comparative political economy David Soskice 3. Finance and labor: perspectives on risk, inequality, and democracy Sanford Jacoby Part II. Institutions and Firm and Worker Behavior: 4. How good are U.S. jobs? Characteristics of job ladders across firms in five industries Clair Brown, Benjamin Campbell, Fredrik Andersson, Hyowook Chiang and Yooki Park 5. Increasing labor flexibility in Japan: the role of female workers in manufacturing Yoshi-Fumi Nakata and Satoru Miyazaki 6. Ties that matter: cultural norms and economic behavior in Western Europe Paola Giuliano Part III. Contemporary Labor-Management Relations: 7. The new treaty of Detroit: are VEBAs labor's way forward? Teresa Ghilarducci 8. Symphony musicians and symphony orchestras Robert J. Flanagan 9. Wage effects of works councils and collective agreements in Germany Knut Gerlach and Wolfgang Meyer 10. Apprentice strikes, pay structure and training in twentieth-century UK metalworking industry Paul Ryan Part IV. Public Policy and U.S. Labor Market Structure: 11. Minimum wages in the U.S.: politics, economics and econometrics Michael Reich 12. Understanding the causes and labor market consequences of the steep increase in U.S. incarceration rates Steven Raphael 13. Local labor market adaptation to increased immigration David Card.

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