This paper deals with the effects to labour market institutions on labour market performance. We analyse the employment threshold (the minimum growth rate necessary to keep employment constant) which is an indicator for the labour intensity of production. We show for 17 OECD countries for the...

This paper analyzes whether differences in institutional structures on capital markets contribute to explaining why some OECD-countries, in particular the Anglo-Saxon countries, have been much more successful over the last two decades in producing employment growth and in reducing unemployment...

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the period 1960 to 2000. In contrast to many other studies, we use long time series and analyze cyclically adjusted trend values of the unemployment rate. Our novel contribution is...

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the period 1960 to 2000. In contrast to many other studies, we use long time series and analyze cyclically adjusted trend values of the unemployment rate. Our novel contribution is...

Ein wichtiger Erklärungsfaktor für die Entwicklung der Arbeitslosenquote sind die Institutionen des Arbeitsmarktes. Diese Arbeit zeigt empirische Ergebnisse für verschiedene Paneldaten-Modelle. Gegenüber der bisherigen Literatur unterscheidet sich der Ansatz durch drei Aspekte: 1) Wir...

Labor market performance has differed considerably between OECD countries over the last two decades. The focus of the literature so far has been to ask whether these differences can be explained by varying degrees of labor market rigidities and generosity of welfare states. This paper takes a...

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...