Today, Europe is a continent of low participation, low employment labor markets. Many observers would like to blame poor employment outcomes on the Euro or on austerity. But these are dangerous distractions from real problems that constitute imperatives for structural reform. There are...

Today, Europe is a continent of low participation, low employment labor markets. Many observers would like to blame poor employment outcomes on the Euro or on austerity. But these are dangerous distractions from real problems that constitute imperatives for structural reform. There are...

The paper argues that the form in which collective bargaining is organized might be a decisive factor in determining the performance of modern industrialized economies. The whole literature on corporatism is concerned with showing that the degree of centralization and coordination in wage...