Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

The paper questions the predominant view on unemployment and wages in the European Union according to which high … unemployment is primarily caused by labour market rigidities, i.e. social institutions and regulations which prevent market … decades, no strictly inverse relationship between real wage growth and unemployment can be found. On the contrary …

This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage … traps. -- Unemployment ; labor market trap ; East Germany …