TY - GEN A1 - Kessing, Sebastian G. A1 - Konrad, Kai A. T1 - Konjunkturpolitik kann Strukturreformen nicht ersetzen T1 - Cyclic policy cannot replace structural reforms N2 - The authors agree with Flassbeck’s claim that growth generates employment. However, they do not agree with Flassbeck’s conviction that growth is to be increased by demand management. In their comment, they explain why deficit spending and expansionary monetary policy are inappropriate substitutes for a sound structural policy. KW - Arbeitsmarkt KW - Wachstum KW - Beschäftigungspolitik KW - Labour market KW - growth KW - employment policy Y1 - 2005 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus-47880 ER -