Page 2 - Benjamin Schoefer News Today

Ejinsight 20211207-The-great-labor-market-shakeup Hkej ejinsight.com

J. Bradford DeLong thinks the high quit rate and low employment rate in the US paint a clear picture of a sea change.

Luca Flabbi, Mario Macis, Andrea Moro, Fabiano Schivardi Corporations are made up of multiple stakeholders, including workers, managers, and shareholders. The rights and interests of these stakeholders vary markedly across Western market economies. On the one hand, both the US and the UK follow a corporate governance system of shareholder primacy. In it, it is the shareholders – and the shareholders alone – that elect the corporate board, which directly or indirectly manages the corporation...