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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: http://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
    Contact details of provider: Postal: Sanderring 2, D-97070 Würzburg
    Phone: (0931) 31-2901
    Fax: (0931) 31-2101
    Web page: http://www.vwl.uni-wuerzburg.de/lehrstuehle/vwl4/startseite/
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    1. Dennis J. Snower, 1995. "The Simple Economics of Benefit Transfers," IMF Working Papers 95/5, International Monetary Fund.
    2. 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.
    3. Orszag, Mike & Snower, Dennis J., 1996. "A Macro Theory of Employment Vouchers," CEPR Discussion Papers 1367, C.E.P.R. Discussion Papers.
    4. Olivier Blanchard, 1998. "Revisiting European Unemployment: Unemployment, Capital Accumulation, and Factor Prices," NBER Working Papers 6566, National Bureau of Economic Research, Inc.
    5. Saint-Paul, Gilles, 1995. "A Framework for Analysing the Political Support for Active Labour Market Policy," CEPR Discussion Papers 1205, C.E.P.R. Discussion Papers.
    6. 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.
    7. Caballero, R.J. & Hammour, M.L., 1997. "Jobless Growth: Appropriability, Factor-Substitution, and Unemployment," Working papers 97-18, Massachusetts Institute of Technology (MIT), Department of Economics.
    8. Herbert Giersch, 1989. "Anmerkungen zum weltwirtschaftlichen denkansatz," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 125(1), pages 1-16, March.
    9. Calmfors, Lars & Skedinger, Per, 1995. "Does Active Labor Market Policy Increase Employment? Theoretical Considerations and Some Empirical Evidence from Sweden," Working Paper Series 429, Research Institute of Industrial Economics.
    10. Bean, Charles R, 1994. "European Unemployment: A Survey," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 573-619, June.
    11. 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.
    12. Rainer Fehn, . "Der strukturell bedingte Anstieg der Arbeitslosigkeit in Europa - Ursachen und Lösungsansätze," List Monographien 019, List Gesellschaft e.V..
    13. 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, vol. 110(462), pages C1-33, March.
    14. Berthold, Norbert & Fehn, Rainer, 1999. "Labor market policy in a global economy," Wirtschaftswissenschaftliche Beiträge 26, Julius-Maximilians-Universität Würzburg, Lehrstuhl für Volkswirtschaftslehre, insbes. Wirtschaftsordnung und Sozialpolitik.
    15. Siebert, Horst & Koop, Michael J., 1990. "Institutional competition: a concept for Europe?," Kiel Working Papers 440, Kiel Institute for the World Economy.
    16. 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).
    17. 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.
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