This paper is based on the ideas of political philosopher John Rawls who suggested that a just society is one which would be created behind a "veil of ignorance", that is to say, without knowing where one would end up in the society's distribution of talent and other attributes valued in the...

Die anhaltende und weiter ansteigende Arbeitslosigkeit stellt ein zentrales wirtschaftspolitisches Problem dar. Dieses Buch beschäftigt sich mit einem besonders heftig umstrittenen Therapiekonzept: dem zweiten Arbeitsmarkt. Im Lichte der modernen Arbeitsmarkttheorien werden die Gründe für die...

This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (1994) give rise to unemployment and a channel for the government to influence markets through institutional changes. Labor market...