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The paper empirically examines three possible reasons for the high and rising unemployment of low-skilled employees in Germany: (i) an upsurge in interindustry trade, (ii) a skill-biased technical change, and (iii) a failure of labour market adjustment. The empirical analyses indicate that an...
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Die Konjunktur in Deutschland hat sich stabilisiert. Die Produktion im zweiten Quartal 2009 verlief überraschend …
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