Als weiterer Redner beim 3. Munich Economic Summit äußerte sich Prof. Giuseppe Bertola, Universitá di Torino, zu den aus seiner Sicht notwendigen Reformen in Europa. Er unterstrich in seinem Vortrag vor allen Dingen, dass nicht nur die Arbeitsmärkte, sondern auch andere Bereiche reformiert...

This paper outlines theoretical insights regarding the motivation and effects of labor market institutions, and reviews empirical studies of relevant evidence from European and other countries’ historical experience. Institutional interference with laissez faire labor market outcomes has both...

This paper addresses aspects of the interaction between labor market institutions and the process of Economic and Monetary Union in Europe. It reviews the nature and possible motivation of institutions which limit both wage and employment flexibility in Europe, with particular attention to the...