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The information technology boom of the 1990s stoked a New Economy characterized by surging output per worker but with hard-to-measure and vulnerable underpinnings. This collection of essays aims to offer a thorough investigation of the New Economy.

The effects and impact of employee participation and employee ownership continue to be themes of enduring interest to social scientists from a range of disciplines. The analysis presented in this volume are representative of the best economics research being carried out in the study of labor and empirical studies. Several of the papers deal with the issue of privatization in transition economies, where a large number of newly privatized firms ...