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Previous literature has identified considerable non-pecuniary costs to macroeconomic fluctuation and uncertainty. The present paper investigates whether and to what extent labor market institutions can mitigate those costs. We study how life satisfaction of European citizens is affected by...
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. Regulation may fail, however, which tends to give rise to demands for public services substituting for private reciprocity and … formelle zu ersetzen. Staatliche Regulierung sozialen Handelns stößt jedoch auf Grenzen. Die Folge sind Forderungen an den … Arbeitsmarktpolitik und der kürzlichen Rettung der Geldindustrie durch die westlichen Regierungen. Dabei zeigen sich erhebliche …
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