| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w2241 |
| 来源ID | Working Paper 2241 |
| Institutional Aspects of High Unemployment in the Federal Republic of Germany | |
| Michael C. Burda; Jeffrey D. Sachs | |
| 发表日期 | 1987-05-01 |
| 出版年 | 1987 |
| 语种 | 英语 |
| 摘要 | The sustained rise in German unemployment since 1973 poses a problem of critical importance for the world economy. Fewer than two decades ago, Germany boasted an average unemployment rate of under 1% and imported labor to relieve chronic labor shortages. By the mid-1980s, unemployment had risen to over 8 percent of the labor force. This paper investigates some of the reasons for the secular rise in unemployment. We find that while deficient aggregate demand can probably explain some of the current joblessness, the secular rise in unemployment has consisted primarily of an increase in the equilibrium rate of unemployment. We also find little evidence that this increase is due to changes in frictional unemployment. Rather, after reviewing institutional details of the labor market in Germany, we identify various impediments to the kinds of structural adjustments that have operated to maintain a fairly constant equilibrium rate of unemployment in the United States. |
| 主题 | Labor Economics |
| URL | https://www.nber.org/papers/w2241 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559496 |
| 推荐引用方式 GB/T 7714 | Michael C. Burda,Jeffrey D. Sachs. Institutional Aspects of High Unemployment in the Federal Republic of Germany. 1987. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w2241.pdf（449KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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