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Rigide Arbeitsmärkte und ungleiche Einkommensverteilung: ein unlösbares Dilemma?

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  • Berthold, Norbert
  • Fehn, Rainer
  • Thode, Eric
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    Abstract

    The paper shows that a more flexible labor market is unequivocally necessary for a lasting and substantial reduction of unemployment. It furthermore points out that a more flexible labor market is even beneficial from a long-run distributional point of view. Hence, the key to liberalizing the labor market lies in overcoming widespread short-run distributional concerns. Increasing the short-run elasticity of labor demand with respect to the real wage by fostering venture capital markets appears to be a crucial stepping stone. --

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    Bibliographic Info

    Paper provided by Julius-Maximilians-Universität Würzburg, Lehrstuhl für Volkswirtschaftslehre, insbes. Wirtschaftsordnung und Sozialpolitik in its series Wirtschaftswissenschaftliche Beiträge with number 31.

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    Date of creation: 1999
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    Handle: RePEc:zbw:wuewwb:31

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    1. Blanchard, Olivier & Wolfers, Justin, 2000. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 110(462), pages C1-33, March.
    2. Herbert Giersch, 1989. "Anmerkungen zum weltwirtschaftlichen denkansatz," Review of World Economics (Weltwirtschaftliches Archiv), Springer, Springer, vol. 125(1), pages 1-16, March.
    3. Snower, Dennis J., 1994. "The Simple Economics of Benefit Transfers," CEPR Discussion Papers, C.E.P.R. Discussion Papers 1086, C.E.P.R. Discussion Papers.
    4. Lehment, Harmen, 1999. "Zur Bestimmung des beschäftigungsneutralen Lohnerhöhungsspielraums," Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy (IfW) 2262, Kiel Institute for the World Economy (IfW).
    5. Blanchard, Olivier, 1998. "Revisiting European Unemployment : Unemployment, Capital Accumulation and Factor Prices," Research Series, Economic and Social Research Institute (ESRI), Economic and Social Research Institute (ESRI), number GL28.
    6. C Bean, 1992. "European Unemployment: A Survey," CEP Discussion Papers dp0071, Centre for Economic Performance, LSE.
    7. Berthold, Norbert, 1999. "Labor market policy in a global economy," Wirtschaftswissenschaftliche Beiträge 26, Julius-Maximilians-Universität Würzburg, Lehrstuhl für Volkswirtschaftslehre, insbes. Wirtschaftsordnung und Sozialpolitik.
    8. Berthold, Norbert & Fehn, Rainer & Thode, Eric, 1999. "Falling labor share and rising unemployment: long-run consequences of institutional shocks?," Wirtschaftswissenschaftliche Beiträge 30, Julius-Maximilians-Universität Würzburg, Lehrstuhl für Volkswirtschaftslehre, insbes. Wirtschaftsordnung und Sozialpolitik.
    9. Caballero, Ricardo J. & Hammour, Mohamad L., 1998. "Jobless growth: appropriability, factor substitution, and unemployment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, Elsevier, vol. 48(1), pages 51-94, June.
    10. Saint-Paul, G., 1995. "A Framework for Analyzing the Political Support for Active Labor Market Policy," DELTA Working Papers, DELTA (Ecole normale supérieure) 95-12, DELTA (Ecole normale supérieure).
    11. Siebert, Horst & Koop, Michael J., 1990. "Institutional competition: a concept for Europe?," Kiel Working Papers 440, Kiel Institute for the World Economy.
    12. Alan B. Krueger & Jorn-Steffen Pischke, 1997. "Observations and Conjectures on the U.S. Employment Miracle," NBER Working Papers 6146, National Bureau of Economic Research, Inc.
    13. J. Michael Orszag & Dennis J. Snower, 1996. "A Macro Theory of Employment Vouchers," Archive Discussion Papers, Birkbeck, Department of Economics, Mathematics & Statistics 9605, Birkbeck, Department of Economics, Mathematics & Statistics.
    14. Calmfors, Lars & Skedinger, Per, 1995. "Does Active Labour-Market Policy Increase Employment? Theoretical Considerations and Some Empirical Evidence from Sweden," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 11(1), pages 91-109, Spring.
    15. Rainer Fehn, . "Der strukturell bedingte Anstieg der Arbeitslosigkeit in Europa - Ursachen und Lösungsansätze," List Monographien, List Gesellschaft e.V. 019, List Gesellschaft e.V..
    16. Freeman, Richard, 1995. "The Limits of Wage Flexibility to Curing Unemployment," Oxford Review of Economic Policy, Oxford University Press, Oxford University Press, vol. 11(1), pages 63-72, Spring.
    17. Berthold, Norbert & Fehn, Rainer & Thode, Eric, 1998. "Fallende Lohnquote und steigende Arbeitslosigkeit: Ist das 'Ende der Bescheidenheit' die Lösung?," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1998 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 78(12), pages 736-742.
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