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In 1991, Japanese workers' average tenure with a firm was 10.9 years; in 1991 in the United States, the average tenure of workers was 6.7
- In 1991, Japanese workers' average tenure with a firm was 10.9 years; in 1991 in the United States, the average tenure of workers was 6.7 years.
- What are the two possible explanations for these differences?
- Which system is better?
- In the mid-1990s, Japan experienced a recession while the U.S. economy grew. What effect did this likely have on these ratios?
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
