sectors or regions with high rates of unemployment. Conventional economic wisdom would suggest that the most efficient way to … support these regions or sectors is to pay employment subsidies. We present evidence showing that capital subsidies are … empirically much more important than employment subsidies. We then discuss possible explanations for the dominance of investment …

sowie mehr Wettbewerb am Arbeitsmarkt können einen wichtigen Beitrag zur Lösung des Problems Fachkräftemangel leisten …