Deutschland ist in den Bemühungen, die hohe Arbeitslosigkeit deutlich zu verringern, in den letzten Jahren nicht sehr erfolgreich gewesen. Um das weitgehende Scheitern der bisherigen Arbeitsmarkt- und Beschäftigungspolitik zu beschönigen, wird häufig behauptet, Arbeit sei grundsätzlich...

Throughout the world, strong dispersions of both regional and national unemployment rates can be observed. The economic theory has developed various explanations on how this differences occur. Corresponding models mainly aim at institutional and political framework, insider effects, efficiency...

This paper explores the determinants of stagflation. Three measures are proposed that gauge both the occurrence and the strength of stagflation. We investigate the empirical determinants of these measures, accounting for a range of theoretical hypotheses that have been discussed since the...