The Failure of the German Labor Market

The paper analyzes why Germany experiences the high and sticky unemployment. It looks at wage policy and proposes a new approach to measure productivity growth when unemployment increases. It studies the position of trade unions and the institutional set-up of the labor market. It looks at the role of the reservation wage for the lower segment of the labor market and discusses the impact of contributions to social security on the demand for labor.

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Year of publication:	2003-06
Authors:	Siebert, Horst
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Unemployment \| institutional arrangement \| reservation wage \| social security

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Extent:	application/pdf
Series:	Kiel Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	53 pages
Classification:	J0 - Labor and Demographic Economics. General ; I3 - Welfare and Poverty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005700509