Horn, Gustav A.; Logeay, Camille; Rietzler, Katja - In: Management revue : socio-economic studies 19 (2008) 3, pp. 161-178
The article examines the macroeconomic effects of the recent labour market reforms in Germany. The reforms increased … they consider lower wages and higher wage dispersion major prerequisites for stronger employment growth. The theoretical … two upswings confirms that the labour intensity of growth has not risen since the reforms. At the same time German wage …