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

Posted By: insetes
Institutional Frameworks and Labor Market Performance: Comparative Views on the US and German Economies

Institutional Frameworks and Labor Market Performance: Comparative Views on the US and German Economies By Zaki Laidi
1998 | 205 Pages | ISBN: 0415167175 | PDF | 2 MB


This volume provides an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Emphasis is given to the substantial differences between the US and Germany in the ways important areas are regulated. The contributors 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.