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Central and Southern Europe? This is the question addressed in this paper. Youth unemployment has approached or exceeded 20 … tradition, cultural values, social capital – factors that go beyond the standard explanation of economic theory – provide a more … satisfying interpretation. -- Youth employment ; unemployment ; social capital ; institutions …
Persistent link: https://www.econbiz.de/10003937042
Central and Southern Europe? This is the question addressed in this paper. Youth unemployment has approached or exceeded 20 … tradition, cultural values, social capital factors that go beyond the standard explanation of economic theory ヨ provide a more …
Persistent link: https://www.econbiz.de/10013148324
Persistent link: https://www.econbiz.de/10001971267
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real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers' federations are not able to …
Persistent link: https://www.econbiz.de/10011405183
Persistent link: https://www.econbiz.de/10001105167
German data confirms the theoretical predictions. Keywords: Unemployment ; Hysteresis ; Trade Unions ; Cointegration Contents … Studies;Hysteresis in German Unemployment; Conclusions; Index …The book offers an explanation of unemployment based on a model of wage bargaining between a trade union and an …
Persistent link: https://www.econbiz.de/10001513291
real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers' federations are not able to …
Persistent link: https://www.econbiz.de/10001647018
Persistent link: https://www.econbiz.de/10001629280