The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is largely neglected. Job-creation is often thought to be a matter of encouraging more employment on a given capital stock. In contrast, this paper explicitly deals with the long-run...

We investigate how continental European unemployment can be reduced without reducing unemployment benefits and without reducing the net income of low-wage earners. Lower unemployment replacement rates reduce unemployment, the net wage and unemployment benefits. A lower tax on labour increases...

This paper analyzes the question why desired and actual sharing of market work and family duties among parents with young children in Germany fall apart. Potential explanations include financial incentives favoring the single-earner model, as well as constraints in choosing working hours due to...

[Einleitung:] Die deutsche Volkswirtschaft hat vor allem mit drei Problemen zu kämpfen: Das drängendste ist die persistent hohe Arbeitslosigkeit. Vor allem die zunehmende Arbeitslosigkeit unter den Jugendlichen und den wenig qualifizierten Arbeitnehmern gibt Anlaß zur Sorge. Die anhaltend...