and in the current era, and discusses the view that J.M. Keynes took on each of them in the Treatise on Money and The …

According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and … Germany's unemployment rate since 1989, first because no distinction is drawn between the situation in the Eastern part of … negotiations. The unification shock to the East added at least 2.5 percentage points to Germany's overall unemployment rate, as …

unemployment. Utilizing this framework, the article provides different empirical identification strategies in order to disentangle … the various means through which unemployment alters both the well-being and utility of an individual and shows, by … reviewing some of the recent research in which I have participated, that unemployment primarily threatens an individual …

It is common knowledge that John Maynard Keynes advocated bold government action to deal with recessions and … unemployment. What is not commonly known is that modern "Keynesian policies" bear little, if any, resemblance to the policy … measures Keynes himself believed would guarantee true full employment over the long run. This paper corrects this misconception …