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Home > Society and Social Sciences > Sociology and anthropology > Sociology > Work and labour > 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

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


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About the Book

The labor markets in the United States and in Germany could hardly be more different. The USA, with its tremendous job growth, is often held up as the prime example of the job-creating power of unfettered markets, while Germany is seen as the textbook case of an overregulated European labor market stifling employment growth. For many policy advisers the lessons are clear: if Europeans want to emulate the success of the Americans, they must deregulate their economies. On the other hand, economists in the USA, impressed with Germany's income growth and social stability, have shown increasing interest in the role that non-market institutions play in the German context. Institutional Frameworks and Labor Market Performance provides an in-depth analysis of the functioning of varioius labor market institutions in both the USA and Germany. In close studies of the regulatory differences between the two coountries, the authors examine the impact of those institutions on economic performance. On the basis of their findings they argue that the choice is not one between regulation and deregulation, but rather between different forms and degrees of regulatoin. The authors discuss all the factors that influence the functioning of labor markets, including: *educational and vocational training sytems *personnel recruitment, selection and dismissal *work organization and hours of work *labor law and labor relations The book brings together leading specialists from the USA and Germany and will be of interest to students and practitioners in economics, poilitical science and the sociology of work.

Table of Contents:
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

About the Author :
Buttler, Friedrich; Franz, Wolfgang; Schettkat, Ronald; Soskice, David


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Product Details
  • ISBN-13: 9780415121187
  • Publisher: Taylor & Francis Ltd
  • Publisher Imprint: Routledge
  • Height: 234 mm
  • No of Pages: 366
  • Weight: 739 gr
  • ISBN-10: 0415121183
  • Publisher Date: 07 Sep 1995
  • Binding: Hardback
  • Language: English
  • Sub Title: Comparative Views on the US and German Economies
  • Width: 156 mm


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