It is now a few years since the introduction of the common currency, and Europe is still experiencing high unemployment. The conventional logic attributes this problem to strong trade unions and other flaws in the labour market. This article takes a different approach. Using a game theoretic...

It is now a few years since the introduction of the common currency, and Europe is still experiencing high unemployment. The conventional logic attributes this problem to flaws in the labor market. In this paper, we look at the changes that occur if trade unions and the central bank have...

The paper takes a fresh look at the governance of the most important macroeconomic objectives: price stability and full employment. On the basis of a post-Keynesian market constellations approach, the necessity and institutional requirements of the coordination of macroeconomic policy areas in...

In der Globalisierungs- und Standortdebatte wird zunehmend postuliert, dass es nationale Sonderwege in Wahl von Wirtschafts- und Beschäftigungspolitik und der Institutionalisierung der Arbeits- und Tarifsysteme nicht mehr gebe - die Mobilität insbesondere des Kapitals führe letztendlich zur...

It is now a few years since the introduction of the common currency, and Europe is still experiencing high unemployment. The conventional logic attributes this problem to strong trade unions and other flaws in the labour market. This article takes a different approach. Using a game theoretic...

Das deutsche Modell der Beziehungen zwischen Arbeitgebern und Arbeitnehmern innerhalb eines Unternehmens vor allem die betriebliche Mitbestimmung stand lange Zeit in der Kritik, während das anglo-amerikanische Modell als überlegen angesehen wurde. Welches Arbeitsbeziehungsmodell wählen...