Based on a post-Keynesian model of the relationship between wages, prices and employment, this paper begins by studying the extent to which unit labour cost trends have been responsible for disinflation and deflationary tendencies in Germany and Europe. Thereafter, the reasons for the...

Since the mid-1980s Germany saw a continuing increase of precarious employment which now amounts to about one third of the total labour force. Considering the negative social side-effects of this development, the voices which call for a re-regulation of the labour market have become more...

Als Antwort auf die Krise in Europa hat sich innerhalb der EU ein neues System der Economic Governance herausgebildet. Im Rahmen einer intensivierten wirtschaftspolitischen Koordinierung ist dabei die Lohnpolitik immer mehr ins Zentrum gerückt und hat neue Formen einer direkten politischen...