Freeman, Richard B.; Schettkat, Ronald - In: Jahrbücher für Nationalökonomie und Statistik 219 (1999) 1-2, pp. 49-66
Summary The most popular explanation for greater job creation in the US than in Germany is that greater dispersion of wages coupled with less regulations governing the labour market and the product market in the US has induced firms to employ many less skilled workers. While popular, these...