Why is Europe's employment rate almost 10 percent lower than that of the United States? This "jobs gap" has typically been blamed on the rigidity of European labor markets. But in Services and Employment, an international group of leading labor economists suggests quite a different explanation....

Frontmatter -- Vorwort -- Übersicht -- Inhalt -- Verzeichnis der Tabellen und Abbildungen -- Beschäftigungswirkungen moderner Technologien -- TEIL I. BETRIEBSEBENE -- Der Kontext entscheidet: Wirkungen des Einsatzes computergestützter Techniken in Industriebetrieben -- Diffusion neuer...

Behavioral economics, the analysis of economic decisions, has made enormous progress over the last decades and become accepted as a major field in economics. How is behavioral economics to be compared to the neoclassical model? As a revision of the neoclassical model enhancing the set of...

After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo-) classical at the micro-level, but Keynesian at the macro-level. In actuality, Keynes' revolution was, to a substantial part, based on the behavioral micro-foundations of the world we...