This paper points out an empirical failing of real business cycle models in which unemployment is endogenized through a matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model as it is in the data, or to make the response of...

Polish Abstract: W artykule zaprezentowano teoretyczne i empiryczne zagadnienia dotyczące roli menedżera w procesie zarządzania zmianą w przedsiębiorstwie, wychodząc z założenia, że większość współczesnych przedsiębiorstw przechodzi permanentne przeob− rażenia związane z...

Revised: 2006-05.-- Published as an article in: Journal of Population Economics, 2007, vol. 18, issue 1, pp. 165-179.

In this paper an alternative view of the relation between the wage level, wage dispersion, training incentives and employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment - especially in Germany - is mainly caused by labor market...