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We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is … present policies continue within the European Union (EU) and its member states. In the vibrant scenario, full employment is … shortages. The road to full employment is embedded in a landscape with less income inequality and more "greening" of EU member …
Persistent link: https://www.econbiz.de/10010533168
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality … employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied … market shortages. The road to full employment is embedded in a landscape with less income inequality and more “greening” of …
Persistent link: https://www.econbiz.de/10010227788
active labor market policy, are only partly reported as unemployment. A review of the evidence on the effectiveness of labor … have alleviated social burdens from unemployment. Discussing what causes the high unemployment in the east, we claim that … effects of wage policy have been overrated. Differences in unemployment rates are also the result of more ample labor supply …
Persistent link: https://www.econbiz.de/10011336858
The mild response of the German labor market to the worst global recession in post-warhistory appears as an economic miracle. In response to the crisis, Germany has shown to bea strong case of internal flexibility. We argue that important factors that have contributed tothis development include...
Persistent link: https://www.econbiz.de/10009486981
active labor market policy, are only partly reported as unemployment. A review of the evidence on the effectiveness of labor … have alleviated social burdens from unemployment. Discussing what causes the high unemployment in the east, we claim that … effects of wage policy have been overrated. Differences in unemployment rates are also the result of more ample labor supply …
Persistent link: https://www.econbiz.de/10010262393
the labor market. Its impact on employment, wages and wealth depends crucially on the design of immigration policy …
Persistent link: https://www.econbiz.de/10011294532
Persistent link: https://www.econbiz.de/10011507847
Germany’s labor market responded only mildly to the Great Recession. Important factors for this development include the strong economic position due to recent labor market reforms, the crisis affecting mainly export-oriented companies, the extension of short-time work, time buffers due to...
Persistent link: https://www.econbiz.de/10009686542
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
unemployment by means of internet activity data, a literature starting with the seminal article of Askitas and Zimmermann (2009a …
Persistent link: https://www.econbiz.de/10012114391