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The paper studies the major institutional changes that are at the root of the increase in the west European unemployment rate in the last quartercentury from below 3 percent to 11 percent. The institutional characteristics of wage bargaining, the tax wedge and the legal rules hamper the...
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Arbeitskosten beliebig überwälzt werden können. Vor allem ist in einem der drei bedeutendsten Exportländer der Welt zu …
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