The majority of the Member States of the European Union have undertaken remarkably comprehensive welfare and labor market reforms in the years since the 1990s. Many of these reforms, however, have not followed the conventional retrenchment and deregulation recipes, but rather took a liking to...

Despite a sequence of labor market reforms in recent years, employment of older workers in Germany is still lower than in many other European countries. The paper explains this by institutional factors that affect labor supply, labor demand and matching, i.e. labor market regulation, human...

Despite a sequence of labor market reforms in recent years, employment of older workers in Germany is still lower than in many other European countries. The paper explains this by institutional factors that affect labor supply, labor demand and matching, i.e. labor market regulation, human...

The paper examines the evolution of returns to education in the West German labour market over the last two decades. During this period, graduates from the period of educational expansion in the sixties and seventies entered the labour market and an upgrading of the skill structure took place....