Welche Determinanten sind für das »deutsche Jobwunder« verantwortlich? Dieter Hundt, Bundesvereinigung der Deutschen Arbeitgeberverbände, sieht hinter dem Erfolg das verantwortliche Handeln der Tarifpartner, die Nutzung von Arbeitszeitkonten und richtige politische Entscheidungen etwa beim...

This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey government achieves efficient labor market...

We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization and potential policy responses to reduce wage inequality. In the short...