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We provide the first systematic evidence on the effectiveness of a contested policy in Germany to help displaced workers. So-called “transfer companies” (Transfergesellschaften) employ displaced workers for a fixed period, during which time workers are provided with job-search assistance and...
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The book offers an explanation of unemployment based on a model of wage bargaining between a trade union and an … natural rate of unemployment is independent of productivity growth. Taxes on labour and capital are identified as important … German data confirms the theoretical predictions. Keywords: Unemployment ; Hysteresis ; Trade Unions ; Cointegration Contents …
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This paper follows up recent work on the relationship between (un)employment and wage effects of social security …
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