, leading to the emergence of Embodied Human Capital Unemployment. We illustrate the relevance of this new concept of … unemployment to the U.S economy in the first decade of the 21st Century. This helps achieve a deeper understanding of the current …

years, accompanied by a steep rise in unemployment, which would be around 11.5% in 2010 in the euro area. However, labour … soften the impact of much higher unemployment levels on Europe's potential rate of growth in the future. …

unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not …

important for the current economic crisis and European unemployment: (6a) The analysis is an element in the explanation of the …

, a protracted period of high unemployment or high inflation and continued instability can be expected. Instead, macro …

employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment … that a persistent lack of demand is responsible for the major part of the German unemployment problem. … und Lohn-bedingten Arbeitslosigkeit in Frage stellen. Es deutet vielmehr einiges darauf hin, dass die hohe …