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Economic Turbulence Is a Volatile Economy Good for America?

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ISBN-10: 0226076326

ISBN-13: 9780226076324

Edition: 2006

Authors: Clair Brown, John Haltiwanger, Julia Lane

List price: $23.00
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Description:

Every day, in every sector of our economy, a business shuts down while another starts up, jobs are created while others are cut, and workers are hired while others are laid off. This constant flux, or turbulence, is a defining characteristic of our free market system, yet it mostly inspires angst about unemployment, loss of earnings, and the overall competitiveness of corporations. But is this endless cycle of fluctuation really so bad for America? Might something positive be going on in the economy as a result of it? In this penetrating work, three esteemed economists seek to answer these questions by exploring the real impact of volatility on American workers and businesses alike.…    
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Book details

List price: $23.00
Copyright year: 2006
Publisher: University of Chicago Press
Publication date: 10/2/2006
Binding: Hardcover
Pages: 212
Size: 0.64" wide x 0.93" long x 0.09" tall
Weight: 1.034
Language: English

Acknowledgments
Overview of the Book
Economic Turbulence: What, Who, and How Much?
The Industries
Firms, Their Workers, and Their Survival
Firm Turbulence and Job Ladders
Turbulence and Worker Career Paths
Economic Turbulence and Middle-Income Jobs
Conclusions and Implications for Policy
The Data
Chapter 4 Background
Chapters 5 and 6 Background
Chapter 7 Background
Notes
Bibliography
Index