Like most Western European countries, Germany stringently regulates dismissals and layoffs. Critics contend that this … Germany. We find little evidence that inventories help to buffer demand fluctuations in either country. Our findings suggest …

these studies' findings, our analysis of micro data for the former West Germany yields virtually no evidence of growth in … bottom half of the earnings distribution led to a narrowing of the overall dispersion of earnings in Germany. Earnings … within either education or age groups. Germany wage setting institutions tend to limit earnings differentials across groups …

the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job … regulations that occurred in Germany, France and Belgium during the 1980s affected employers' adjustment to changes in output …