Arbeitslosigkeit in Deutschland zu einem großen Teil auf die anhaltende Schwäche der Binnennachfrage zurückzuführen ist. … 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 institutions and excessive wages. Rather there are several indications …

The unemployment rate in Germany after reaching a peak of 12.1% in 2005 began to decline steadily, and the improvement … functioning of the labour market in Germany that are relevant to the response to the crisis. Accordingly, the buffers are examined …