Publication
Jun 2003
This paper analyzes why Germany experiences a high and sticky unemployment. The author looks at wage policy and proposes a new approach to measure productivity growth when unemployment increases. Furthermore, he examines the position of trade unions and the institutional set-up of the labor market and looks at the role of the reservation wage for the lower segment of the labor market. Additionally, he discusses the impact of contribution to social security on the demand for labor.
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English (PDF, 55 pages, 285 KB) |
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Author | Horst Siebert |
Series | Kiel Institute Working Papers |
Issue | 1169 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2003 Kiel Institute for the World Economy |