Institutional Frameworks and Labor Market Performance produces an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US and Germany in the ways important areas are...

The main questions addressed in this paper are, firstly, how labor markets in the Visegard countries reacted to the breakdown of a command economy and the transformation to a market economy. Secondly, it is analyzed which way ahead is likely, or to put it differently, what should be done now to...