Theoretische und empirische Hinweise deuten darauf hin, dass die Umsetzung eines keynesianischen Wirtschaftskonzepts Wachstum und Beschäftigung über eine Koordinierung der Geld-, Lohn- und Fiskalpolitik nennenswert steigern kann. Mit dem vorliegenden Text wird geprüft, inwieweit das...

[Introduction] Germany currently finds itself in a difficult economic situation, one characterised not only by a long period of weak economic growth, but also by developments that, if the necessary adjustment processes are not accomplished, pose a threat to Germany's medium-term growth...

We study the effects of fiscal policy rules on the determinacy of rational expectations equilibrium in a perfectly competitive monetary model with constant returns. Government spending implies a distortion of the monetary steady state due to the implied taxation. We show that policy rules that...

We study the effects of stylized fiscal policy rules on the (global) determinacy of rational expectations equilibrium in perfectly competitive monetary model with constant returns to scale and labor as the unique input. Government spending on transfers and/or demand implies a distortion of the...

Considering a finance constrained economy, we discuss the stabilization role of variable labour and capital income taxes under a balanced-budget rule in the presence of consumption externalities of the keeping up with the Joneses type. We find that sufficiently procyclical labor and/or capital...

Als Beispiel für die positiven Wirkungen einer Lohnzurückhaltung auf die Beschäftigung und die Arbeitslosigkeit wird immer wieder auf die Niederlande verwiesen. Dr. Heiner Flassbeck und Friederike Spiecker analysieren, ob das niederländische Modell ein Vorbild für ein großes Land wie...

Sector-specific surcharge collective labor agreements between the bargaining partners in the staffing industry allow for a reduction of wage gaps between agency workers and permanent staff in case of long-term job assignments to user companies. Surcharges up to 50% after a surcharge-free period...