economies face since the early nineties, the problem of lasting high unemployment. Contrary to the current German discussion … macro-economic points of view, showing different ways out of the employment crisis. Apart from renowned German economists … countries. -- The first chapter contains the main standard textbook models and paradigms explaining lasting high unemployment …

High unemployment in many European OECD countries has been attributed to factors ranging from rigid wages and low job … employment. Other chapters examine the effects of tax reforms, including the Earned Income Tax Credit, and the wage … employment protection and tax penalties on the growth of the underground economy. The insights offered in these studies will be …