Based on a post-Keynesian model of the relationship between wages, prices and employment, this paper begins by studying the extent to which unit labour cost trends have been responsible for disinflation and deflationary tendencies in Germany and Europe. Thereafter, the reasons for the...

Based on a post-Keynesian model of the relationship between wages, prices and employment, this paper begins by studying the extent to which unit labour cost trends have been responsible for disinflation and deflationary tendencies in Germany and Europe. Thereafter, the reasons for the...

Based on a post-Keynesian model of the relationship between wages, prices and employment, this paper begins by studying the extent to which unit labour cost trends have been responsible for disinflation and deflationary tendencies in Germany and Europe. Thereafter, the reasons for the...

Kombilöhne schaffen kaum zusätzliche Beschäftigung für gering Qualifizierte. Stattdessen würde eine flächendeckende und unbefristete Einführung die öffentlichen Haushalte massiv belasten - bis hin zu Zusatzausgaben in zweistelliger Milliardenhöhe. Damit wirken sich breit angelegte...