Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104138
Authors: 
Nikutowski, Oliver
Schwimmer, Florian
Year of Publication: 
2004
Series/Report no.: 
Munich Discussion Paper 2004-20
Abstract (Translated): 
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.
Subjects: 
wage dispersion
wage level
on-the-job training
unemployment
competitiveness
Lohnniveau
Lohnspreizung
Ausbildung
Arbeitslosigkeit
Wettbewerbsfähigkeit
JEL: 
J24
J31
J68
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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