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Rigider Arbeitsmarkt oder ungleiche Einkommensverteilung – Ein unlösbares Dilemma?

  • Norbert Berthold , Rainer Fehn and Eric Thode
Published/Copyright: May 14, 2016
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Abstract

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.

Online erschienen: 2016-5-14
Erschienen im Druck: 2000-4-1

© 2000 by Lucius & Lucius, Stuttgart

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