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...

A flat tax rate on income has gained popularity in European countries. This paper assesses the attractiveness of such a flat tax in achieving redistributive objectives with the least cost to labour market performance. We do so by using a detailed applied general equilibrium model for the...