The debate on whether high standards of labour market legislation affect economic growth and the rate of employment is topical and important. The contributors to this book address three main issues: * how Taiwan's labour market was able to work so well prior to 1996, maintaining full employment...

This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...