Brecht, Michael; Tober, Silke; Treeck, Till van; … - 2010
of unemployment. This paper argues that the Stability and Convergence Programmes (SCPs) for the period 2010 … significant until 2013. Our analysis is mainly based on a few simple accounting identities and places special emphasis on Germany …" than the current focus on deficit reduc-tion. Failure to do so may result in persistently high unemployment in the years to …
