Institutional frameworks and labor market performance : comparative views on the U.S. and German economies

Institutional frameworks and labor market performance; wprl prgamozatopmamd traomomg om American enterprises; works councils, unions, and firm performance; policy transferability and hysteresis; why do Americans and Germans work different hours?; institutional influences on interindustry wage differentials; profit sharing in German firms; the German apprenticeship system; labor market policy, information, and hiring behavior; different institutional arrangements for job placement; employment dynamics, firm growth, and new firm formation; labor adjustment under different institutional structures; the macroperformance of the German labor market