Weniger Lohn, mehr Beschäftigung? Ein Standpunkt

Oliver Nikutowski and Florian Schwimmer

Discussion Papers in Economics from University of Munich, Department of Economics

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.

Keywords: wage dispersion; wage level; on-the-job training; unemployment; competitiveness; Lohnniveau; Lohnspreizung; Ausbildung; Arbeitslosigkeit; Wettbewerbsfähigkeit (search for similar items in EconPapers)
JEL-codes: J24 J31 J68 (search for similar items in EconPapers)
Date: 2004-10
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Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenec:426

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