Flaschel and Griener's Flexicurity Capitalism provides serious discussion and feasible mathematical models to provide a basic framework for a "flexicurity" economic system--labor market reform that combines flexibility in the hiring and firing processes of firms with security in the employment and income of the workforce.

About the Author

Peter Flaschel is Professor Emeritus in the Department of Business Administration and Economics at the University of Bielefeld, Germany.

Alfred Greiner is Professor of Economics in the Department of Business Administration and Economics at the University of Bielefeld, Germany.

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