Frontmatter -- Inhalt / Contents -- Special Issue on Labour Economics: Guest Editorial -- Abhandlungen / Original Papers -- Hysteresis in Unemployment Rates? A Comparison between Germany and the US -- Wage Adjustment Competitiveness and Unemployment - East Germany after Unification -- Oil and Unemployment in Germany -- Living Standards in an Aging Germany: The Benefits of Reforms and the Costs of Resistance -- Choosing from the Reform Menu Card - Individual Determinants of Labour Market Policy Preferences -- Employment Adjustments on the Internal and External Labour Market - An Empirical Study with Personnel Records of a German Company -- Can a Task-Based Approach Explain the Recent Changes in the German Wage Structure? -- Firm Heterogeneity and Wages under Different Bargaining Regimes: Does a Centralised Union Care for Low-Productivity Firms? -- Crime and the Labour Market: Evidence from a Survey of Inmates -- The Creative Class, Bohemians and Local Labor Market Performance -- Spatial Implications of Minimum Wages -- The Impact of Innovation on Employment in Small and Medium Enterprises with Different Growth Rates -- Do Older Workers Lower IT-Enabled Productivity? -- Buchbesprechungen / Book Reviews