This paper discusses free immigration to regulated labour markets (as in Europe) and to unregulated labour markets (as in the US), and explores the implications for migration flows of collective agreements, employment protection laws, product market regulations etc. It is argued that the...

Taking a European cross-country perspective, this paper addresses the most important issues in the nexus of population ageing and labor markets. We start from a descriptive overview of the demographic change currently shaping European societies. The subsequent section intensively discusses the...

The paper studies the major institutional changes that are at the root of the increase in the west European unemployment rate in the last quartercentury from below 3 percent to 11 percent. The institutional characteristics of wage bargaining, the tax wedge and the legal rules hamper the...

Welche Effekte wird die Währungsunion auf die nationalen Arbeitsmärkte haben? Der Aufsatz dokumentiert das Ausmaß der Konvergenz auf den europäischen Arbeitsmärkten und diskutiert die zu erwartenden Effekte der EWU auf das Lohnsetzungsverhalten der Gewerkscahften sowie die Anreize für die...