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European Social Models from Crisis to Crisis
This book analyzes the interaction of European social models, the institutions structuring labor markets' supply side, and their turbulent macroeconomic environment from the deep Europe-wide recession, ending Germanys post-unification boom, through monetary union's establishment, to the Great Recession following the recent financial crisis. The analysis reaches two conclusions challenging the dominant view that the social models caused unemployment by impairing labor markets' efficiency in the name of equity. First, the social models' employment and distributive effects are far outweighed by their macroeconomic environment, especially in the Eurozone, where its truncated structure of economic governance transformed the Great Recession into a sovereign debt crisis. Second, instead of a trade-off between efficiency and equity, the employment effects of counteracting markets tendency to generate inequality depends on the macroeconomic conditions under which it occurs and how it is done.
Flexicurity Capitalism
Flaschel and Griener's Flexicurity Capitalism provides serious discussion and feasible mathematical models to provide a basic framework for a "flexicurity" economic system--labor market reform that combines flexibility in the hiring and firing processes of firms with security in the employment and income of the workforce.
Distribution and Growth after Keynes
In the first part of the book, Eckhard Hein presents a comprehensive overview of the main approaches towards distribution and growth including the contributions of Harrod and Domar, old and new neoclassical theories including the fundamental capital co
Germany In An Interconnected World Economy
Germany has been a central player in discussions on the future architecture of Europe, and has been called on to play a larger role in supporting global and, especially, European recovery from the financial crisis that triggered the Great Recession. This book focuses on the possible economic role of Germany and shows that the quantitative effects of a German fiscal stimulus would be small on the heavily indebted euro area periphery countries that most need the boost. The book finds that Germany itself faces a growth challenge and that efforts to raise its own growth potential are important for Germany, and that more rapid growth of domestic demand will more powerfully stimulate European economic growth through its expanded demand for imports.
The biggest sponsors of the German state are the working population and pensioners
Enjoying time after a busy life with a good pension - that's the dream of us all. And we deserve it after all the hard work. However, for many people, their pension is no longer enough. There are reasons for this, as author Helmut Harter shows us in his book "The biggest sponsors of the German state are the working population and pensioners", and these are mainly due to political decisions: On the one hand, politicians are always happy to reach into the pension fund to finance extraneous benefits with the contributions of the compulsorily insured, such as German unification. On the other hand, not all working people are compulsorily insured, but only the middle and lower incomes. A plea for a solidary and transparent pension system!
The New Basel Capital Accord and the Future of the European Financial System
The purpose of this report is to provide a detailed, up-to-date and critical analysis of the New Basel Capital Accord framework. It focuses on the limitations and pitfalls that may deserve further investigation, particularly at the European level. Moreover, it provides a provisional assessment of its effects on small- and medium-sized European banks, as well as small- and medium-sized European enterprises. It examines the procyclicality of the new Accord and offers mechanisms to counter it. Finally, it addresses the challenges of implementing the new rules at the EU level.
Den Arbeitsmarkt verstehen, um ihn zu gestalten
Der Band bilanziert in 30 Beiträgen das wissenschaftliche Werk des geschäftsführenden Direktors des Instituts Arbeit und Qualifikation, Gerhard Bosch. Autorinnen und Autoren aus politischer Praxis und Wissenschaft kommen gleichberechtigt zu Wort. Das Buch ist in die Kapitel "Zukunft der Arbeit", "Arbeitszeit", "Arbeitsbeziehungen", "Arbeitsmarktordnung" und "Arbeitsmarktpolitik" gegliedert und schließt mit einer Übersicht über die zentralen Publikationen von Gerhard Bosch ab.
Low-Wage Work in Germany
In recent years, the German government has intentionally expanded the low-wage work sector in an effort to reduce exceptionally high levels of unemployment. As a result, the share of the German workforce employed in low-paying jobs now rivals that of the United States. Low Wage Work in Germany examines both the federal policies and changing economic conditions that have driven this increase in low-wage work. The new "mini-job" reflects the federal government's attempt to make certain low-paying jobs attractive to both employers and employees. Employers pay a low flat rate for benefits, and employees, who work a limited number of hours per week, are exempt from social security and tax contrib...
Macroeconomics in Context
Macroeconomics in Context: A European Perspective lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. With a clear presentation of economic theory throughout, this latest addition to the bestselling "In Context" set of textbooks is written with a specific focus on European data, institutions, and historical events, offering engaging treatment of high-interest topics, including sustainability, Brexit, the euro crisis, and rising inequality. Policy issues are presented in context (historical, institutional, social, political, and ethical), and always with reference to human well-being. This book is divided into four parts, covering the ...
Economic Bulletin
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