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Weniger Lohn, mehr Beschäftigung? Ein Standpunkt

Author

Listed:
  • Nikutowski, Oliver
  • Schwimmer, Florian

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.

Suggested Citation

  • Nikutowski, Oliver & Schwimmer, Florian, 2004. "Weniger Lohn, mehr Beschäftigung? Ein Standpunkt," Discussion Papers in Economics 426, University of Munich, Department of Economics.
    • Handle: RePEc:lmu:muenec:426
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    File URL: https://epub.ub.uni-muenchen.de/426/1/Weniger_Lohn_mehr_Beschaeftigung.pdf
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    More about this item

    Keywords

    wage dispersion; wage level; on-the-job training; unemployment; competitiveness;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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