Schmitt, John - Center for Economic and Policy Research (CEPR) - 2011
This paper reviews the recent labor-market performance of 21 rich countries, with a focus on Denmark and Germany …. Denmark, which was widely seen as one of the world's most successful labor markets before the downturn, has struggled in … recent years. Germany, however, has outperformed the rest of the world's rich countries since 2007, despite earlier labor …