while considered as extremely large in the public debate in Europe. The main argument is based on a fundamental property of …. Two sets of implications are then derived: on one hand, mobility costs are high in Europe and transitions between steady …-states has especially strong adverse effects. Jobs endogenously last longer in Europe than in the US, but when they are destroyed …

deregulation reduces profits per unit of output, and thereby reduces training. On the other hand, the number of firms increases … results are unambiguous and show that an increase in product market deregulation generates a sizeable increase in training …

for the on-going German discussion about the expected repercussions of a more general labour market deregulation on the …

deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road drivers work … companies paid more than those for TL companies, but in LTL the union earnings premium was maintained following deregulation and …

study how cohort size has affected real earnings in Europe. When we pool the data of all countries, we find that cohort size …

of research in economics. Our findings indicate that Europe is catching up with the US but, in terms of influential …