There is a big trade-off between equality and efficiency according to mainstream economists. From a socio-economic point of view, however, it depends upon circumstances and the precise definition of equality and efficiency. The paper shows that in special situations equality is even a...

Verlagsinfo: This major new Handbook is a detailed, up-to-date guide to different national labour markets and policies to combat unemployment and their outcomes. It will become established as a standard reference book – the first of its kind – providing an authoritative account of the...

The original essays in this book have been written by a number of leading international experts in the field of labour market studies to honour the intellectual contribution and lifetime achievement of Günther Schmid