1st Edition

Institutional Frameworks and Labor Market Performance Comparative Views on the US and German Economies

    366 Pages
    by Routledge

    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.

    List of figures, List of tables, Notes on contributors, 1 INSTITUTIONAL FRAMEWORKS AND LABOR MARKET PERFORMANCE, 2 WORK ORGANIZATION AND TRAINING IN AMERICAN ENTERPRISES, 3 WORKS COUNCILS, UNIONS, AND FIRM PERFORMANCE, 4 POLICY TRANSFERABILITY AND HYSTERESIS, 5 WHY DO AMERICANS AND GERMANS WORK DIFFERENT HOURS?, 6 INSTITUTIONAL INFLUENCES ON INTERINDUSTRY WAGE DIFFERENTIALS, 7 PROFIT SHARING IN GERMAN FIRMS, 8 THE GERMAN APPRENTICESHIP SYSTEM, 9 LABOR MARKET POLICY, INFORMATION, AND HIRING BEHAVIOR, 10 DIFFERENT INSTITUTIONAL ARRANGEMENTS FOR JOB PLACEMENT, 11 EMPLOYMENT DYNAMICS, FIRM GROWTH, AND NEW FIRM FORMATION, 12 LABOR ADJUSTMENT UNDER DIFFERENT INSTITUTIONAL STRUCTURES, 13 THE MACROPERFORMANCE OF THE GERMAN LABOR MARKET, Index

    Biography

    Buttler, Friedrich; Franz, Wolfgang; Schettkat, Ronald; Soskice, David