verdächtigt und schuldig gesprochen die tragische Entwicklung der Arbeitslosigkeit in Europa verursacht zu haben. US … Neutralität von Geldpolitik wurde diese bei der Suche nach den Ursachen europäischer Arbeitslosigkeit verschont. Tatsächlich … auch nicht die einzige- Ursache der mit jeder Rezession zunehmenden und auf hohen Niveau verweilenden Arbeitslosigkeit in …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is … appropriation model, the estimated values for the long-run elasticities of substitution between capital and labor for Germany and …

most likely responsible for a considerable part of European unemployment. …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of …

We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The …

, dessen Lohn höher ist als die Wertschöpfung, die er zu leisten vermag. Arbeitslosigkeit im Niedriglohnbereich ist die Folge. …

governments in economic growth and low unemployment in order to win elections, there should be a link between political business …