The insider-outsider theory is one of the approaches with which the persistence of unemployment can be accounted for. The central hypothesis says that the insiders, in other words the 'job holders', drive the wage level above the market-clearing level, thus creating a barrier that prevents new...

"The insider-outsider theory is one of the approaches with which the persistence of unemployment can be accounted for. The central hypothesis says that the insiders, in other words the 'job holders', drive the wage level above the market-clearing level, thus creating a barrier that prevents new...

The swift and thorough privatization of eastern Germany did not emanate solely from the West German Federal Republic. This book explores actors from abroad – mainly from western Europe – in four functions: as investors, as advisors and capital providers, and as co-decisionmakers on...