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Deutschland ist in den Bemühungen, die hohe Arbeitslosigkeit deutlich zu verringern, in den letzten Jahren nicht sehr erfolgreich gewesen. Um das weitgehende Scheitern der bisherigen Arbeitsmarkt- und Beschäftigungspolitik zu beschönigen, wird häufig behauptet, Arbeit sei grundsätzlich...
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choose between clean and dirty factors of production, and when there is unemployment, such a result is very likely to occur … negotiate the wage rate, accepting some unemployment as a result of aggressive wage demands. It is shown that, in such a …
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producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … developed venture capital markets should help to alleviate such financial constraints. This view that labor-market institutions …
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