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In this paper a labor supply model with demand side rationing is estimated to analyze the economic policies that directly affect incentives to work as well as labor costs. The framework is applied to evaluate the employment effects of a federal minimum wage in Germany and the impact of employer-...
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Wirtschaftswachstum, sozialem Zusammenhalt und Nachhaltigkeit droht zugunsten der einseitigen Fixierung auf Wettbewerbsfähigkeit …
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monetary theory and policy, financial markets, and financial instability coming out of the Post Keynesian school of thought …
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