This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the 1970s in western economies by means of interactions between shocks and institutions. The contribution is twofold. First, the impact of a general feature of developed economies...

This paper analyzes whether differences in institutional structures on capital markets contribute to explaining why some OECD-countries, in particular the Anglo-Saxon countries, have been much more successful over the last two decades in producing employment growth and in reducing unemployment...

This paper analyzes whether differences in institutional structures on capital markets contribute to explaining why some OECD-countries , in particular the Anglo-Saxon countries, have been much more successful over the last two decades in producing employment growth and in reducing unemployment...

Ergänzend zu den Beiträgen im Schnelldienst Nr. 15/2002 nimmt Prof. Dr. Hans-Werner Sinn, ifo Institut und Universität München, kritisch zu den Vorschlägen der Hartz-Kommission Stellung. Seiner Ansicht nach "sind die Vorschläge der Hartz-Kommission im Grundsatz zu begrüßen, weil sie...