This paper discusses the reasons for the dismal labor market performance of Germany over the last three decades along … with potential remedies. It argues that labor market rigidities along with a generous welfare state in conjunction with … play an important role in explaining the lackluster German economic performance of which rising unemployment is only one …

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 …

Throughout the world, strong dispersions of both regional and national unemployment rates can be observed. The economic … between size and unemployment. Using data from 37 countries, 15 continents and trade areas as well as 496 federal states, we … will demonstrate that larger economic regions tend to have higher unemployment rates. Subsequently, we show that this …