Many low skilled jobs have been substituted away for machines in Europe, or eliminated, much more so than in the US …, while technological progress at the quot;topquot;, i.e. at the high-tech sector, is faster in the US than in Europe. This … paper suggests that the main difference between Europe and the US in this respect is their different labor market policies …

of regulation in Latin America and OECD Europe and discusses the origin of regulation. It shows the fragility of time … series data analyses of the sort widely used to analyze the impact of regulation in OECD Europe and the benefits of using …

structure in Europe in the 1980s. These different trends are the result of different investment decisions by firms for the jobs … typically held by less skilled workers. Firms in Europe have more incentives to invest in less skilled workers, because minimum …

the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been …

Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995 …, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth … growth within Europe. We document this tradeoff in the raw data, in regressions that control for the two-way causation …