One of the most striking features of European labor markets is the high incidence of longterm unemployment. In this chapter, we review the literature on its causes and consequences. Our main conclusions are that: the rise in the incidence of longterm unemployment has been "caused" by a collapse...

This chapter summarizes the empirical and theoretical research on executive compensation and provides a comprehensive and up-to-date description of pay practices (and trends in pay practices) for chief executive officers (CEOs). Topics discussed include the level and structure of CEO pay...

In this chapter, I survey principal econometric studies of several important labor market issues in Central and East European countries as they launched the transition from central planning to a market economy. The topics covered include employment, wage and fringe benefits determination in...