One of the key issues in economics is the explanation of unemployment and its variation across different economies. Doing so, modern mainstream macroeconomics refers to the effects of financial crises and to institutional structures and their variation across countries. However, unemployment...

One of the key issues in economics is the explanation of unemployment. Doing so "modern mainstream macroeconomics" frequently refers to institutional structures in the individual countries (e.g. Layard, Nickell & Jackman 1991, 2006; Carlin & Soskice 2006). However, unemployment within states varies...

The sustained economic growth in 2000-2008 in Romania was accompanied by a declining employment rate from 63.6% to 59% in the same period, which improved the overall labor productivity. The unprecedented reduction of labor force participation in some regions was strongly determined by the...

"Seit 30 Jahren hoffen die Deutschen auf ein Wirtschaftswachstum, das die Arbeitslosigkeit beseitigt. Bis heute war dieses Hoffen vergeblich, und nichts spricht dafür, dass sich hieran künftig etwas ändern wird. Politiker und Bevölkerung müssen begreifen: Die bisherige Strategie ist nicht...