The German government plans to introduce a minimum wage from 2015. This must be understood as a response to the decline in collective bargaining coverage and the marked increase in employment in the low-wage sector. The authors discuss how many workers are affected by this new regulation and...

Youth unemployment has been on the rise since the beginning of the crisis in 2008. Even more troublesome is the dramatic rise in the number of youth not in employment, education or training, which has led to widespread concerns about the impact on social cohesion and fears of a “lost...

This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a particular emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor...

Young people have been among those most affected by the recent financial crisis. Vocational education and training (VET) is often viewed as the silver bullet for the youth joblessness problem. In this article, the authors provide a better understanding of VET in industrialized countries,...

This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a special emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor market...

With young people among the big losers of the recent financial crisis, vocational education and training (VET) is often seen as the silver bullet to the problem of youth joblessness. This paper provides a better understanding of VET around the world, dealing with three types of vocational...

The comprehensive labour market reform package implemented between 2003 and 2005 has made the German labour market more flexible. Today, there is need to fine-tune some of the reforms and correct the institutional set-up in order to eliminate some unintended side-effects. The current federal...

Die Einführung von Mindestlöhnen in Deutschland würde vor allem geringfügig Beschäftigte und Personen, die durch einen Job ihr Einkommen aufbessern, tangieren - insbesondere Rentner, Arbeitslose sowie Schüler oder Studenten. Mindestlöhne würden in erster Linie kleine Unternehmen treffen...