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Showing 1 to 3 of 3 for “"employment adjustment"”.
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Employment adjustment in steel industry: The U.S. and Japan compared
This study purports to compare employment adjustment process in steel industry between the U.S. and Japan in the period 1974-1988. In response to production decline after the Oil Shock of 1973, Japanese steel companies reduced working hours, but not employment. In the 1980s, however, they adopted a …
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Labor reallocation, Productivity and Output Volatility in Japan
… Second, for the manufacturing sector, the adjustment mechanism shifted from an intensive use of inventories to more of a reliance on employment and work hours after 1992. Finally, for the Iron and Steel industry, the employment and inventory adjustments do not exhibit any systematic changes …