Abstract
In this paper an alternative view of the relation between the wage level, wage dispersion, training incentives and employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment - especially in Germany - is mainly caused by labor market institutions and excessive wages. Rather there are several indications that a persistent lack of demand is responsible for the major part of the German unemployment problem.
Abstract
In diesem Beitrag werden alternative Sichtweisen bezüglich des Zusammenhangs von Lohnniveau, Lohnspreizung, Qualifikationsanreizen und Beschäftigung aufgezeigt. Wir präsentieren theoretische Argumente, die die Standarddiagnose einer institutionell und Lohn-bedingten Arbeitslosigkeit in Frage stellen. Es deutet vielmehr einiges darauf hin, dass die hohe Arbeitslosigkeit in Deutschland zu einem großen Teil auf die anhaltende Schwäche der Binnennachfrage zurückzuführen ist.
| Item Type: | Paper |
|---|---|
| Keywords: | wage dispersion; wage level; on-the-job training; unemployment; competitiveness, Lohnniveau; Lohnspreizung; Ausbildung; Arbeitslosigkeit; Wettbewerbsfähigkeit |
| Faculties: | Economics Economics > Munich Discussion Papers in Economics Economics > Munich Discussion Papers in Economics > Labor Economics > Chairs > Chair of Institutional Economics (closed) |
| Subjects: | 300 Social sciences > 300 Social sciences, sociology and anthropology 300 Social sciences > 330 Economics |
| JEL Classification: | J24, J31, J68 |
| URN: | urn:nbn:de:bvb:19-epub-426-8 |
| Language: | German |
| Item ID: | 426 |
| Date Deposited: | 13. Apr 2005 |
| Last Modified: | 08. Nov 2020 09:50 |
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