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Rigide Arbeitsmärkte und ungleiche Einkommensverteilung: Ein unlösbares Dilemma?

  • Berthold, Norbert
  • Fehn, Rainer
  • Thode, Eric
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    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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    File URL: https://econstor.eu/bitstream/10419/32511/1/305716506.pdf
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    Paper provided by Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy in its series Discussion Paper Series 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. Calmfors, L. & Skedinger, P., 1995. "Does Active Labour Market Policy Increase Employment? - Theoretical Considerations and Some Empirical Evidence from Sweden," Papers 590, Stockholm - International Economic Studies.
    2. Saint-Paul, G., 1995. "A Framework for Analyzing the Political Support for Active Labor Market Policy," DELTA Working Papers 95-12, DELTA (Ecole normale supérieure).
    3. Siebert, Horst & Koop, Michael J., 1990. "Institutional competition: a concept for Europe?," Kiel Working Papers 440, Kiel Institute for the World Economy.
    4. Herbert Giersch, 1989. "Anmerkungen zum weltwirtschaftlichen denkansatz," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 125(1), pages 1-16, March.
    5. Dennis J. Snower, 1995. "The Simple Economics of Benefit Transfers," IMF Working Papers 95/5, International Monetary Fund.
    6. Olivier Blanchard & Justin Wolfers, 1999. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," NBER Working Papers 7282, National Bureau of Economic Research, Inc.
    7. Rainer Fehn, . "Der strukturell bedingte Anstieg der Arbeitslosigkeit in Europa - Ursachen und Lösungsansätze," List Monographien 019, List Gesellschaft e.V..
    8. Berthold, Norbert & Fehn, Rainer & Thode, Eric, 1998. "Fallende Lohnquote und steigende Arbeitslosigkeit: Ist das 'Ende der Bescheidenheit' die Lösung?," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 78(12), pages 736-742.
    9. J. Michael Orszag & Dennis J. Snower, 1996. "A Macro Theory of Employment Vouchers," Archive Discussion Papers 9605, Birkbeck, Department of Economics, Mathematics & Statistics.
    10. Caballero, Ricardo J. & Hammour, Mohamad L., 1998. "Jobless growth: appropriability, factor substitution, and unemployment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 48(1), pages 51-94, June.
    11. Freeman, Richard, 1995. "The Limits of Wage Flexibility to Curing Unemployment," Oxford Review of Economic Policy, Oxford University Press, vol. 11(1), pages 63-72, Spring.
    12. Lehment, Harmen, 1999. "Zur Bestimmung des beschäftigungsneutralen Lohnerhöhungsspielraums," Open Access Publications from Kiel Institute for the World Economy 2262, Kiel Institute for the World Economy (IfW).
    13. Krueger, A. & Pischke, J.S., 1997. "Observations and Conjectures on the U.S. Employment Miracle," Working papers 97-15, Massachusetts Institute of Technology (MIT), Department of Economics.
    14. Bean, Charles R, 1994. "European Unemployment: A Survey," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 573-619, June.
    15. Blanchard, Olivier, 1998. "Revisiting European Unemployment : Unemployment, Capital Accumulation and Factor Prices," Research Series, Economic and Social Research Institute (ESRI), number GLS28.
    16. Berthold, Norbert & Fehn, Rainer, 1999. "Labor market policy in a global economy," Discussion Paper Series 26, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    17. Berthold, Norbert & Fehn, Rainer & Thode, Eric, 1999. "Falling labor share and rising unemployment: Long-run consequences of institutional shocks?," Discussion Paper Series 30, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
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