ABSTRACT
Institutional Frameworks and Labor Market Performance produces an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US and Germany in the ways important areas are regulated. The authors show that the impact of institutions on economic performance is ambivalent. They argue that in this sense, the decision is not one between regulation and deregulation but rather one between different degrees and forms of regulation.
TABLE OF CONTENTS
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chapter 3|36 pages
Works Councils, Unions, and Firm Performance
The Impact of Workers' Participation in Germany
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chapter 4|19 pages
Policy Transferability and Hysteresis
Daily and Weekly Hours in the FRG and the U.S.
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chapter 7|40 pages
Profit Sharing in German Firms
Institutional Framework, Participation, Microeconomic Effects, and
Comparisons with the United States
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chapter 11|15 pages
Employment Dynamics, Firm Growth, and New Firm Formation
Evidence From Panel Studies for Germany and Comparative Findings From the
U.S.
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chapter 12|31 pages
Labor Adjustment Under Different Institutional Structures
A Case Study of Germany and the United States
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chapter 13|27 pages
The Macroperformance of the German Labor Market
A comparison with the U.S. Labor Market
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