The paper challenges the widespread view that Bismarckian countries with a strong role of social insurance and labor market regulation are less successful than other employment regimes and hard to reforms. This has been true about a decade ago. But both the institutional set-up and the...

The paper challenges the widespread view that Bismarckian countries with a strong role of social insurance and labor market regulation are less successful than other employment regimes and hard to reforms. This has been true about a decade ago. But both the institutional set-up and the...