"In recent years, the United Kingdom has been remarkably successful in reducing unemployment. The standardized unemployment rate fell from 10 percent in 1993 to 6 percent in 1998, and most observers agree that further reductions can be achieved in the years to come. Also with respect to...

"Using two nationally representative establishment data sets, this paper investigates collective bargaining coverage and firms' choice of governance structures for the employment relationship in Britain and in (western and eastern) Germany. Both countries have experienced a substantial decline...