TY  - GEN
A1  - Flassbeck, Heiner
T1  - Arbeitsplätze durch Wachstum : anders geht es nicht
T1  - Employment needs growth : there is no other way!
N2  - The author argues that growth determines employment and not the other way around. He opposes the widespread view among German economists that more employment generated by wage cuts or increased labour market flexibility will stimulate growth. For him, this view relies on theoretical prejudices that have to be rejected in light of some recent, simple evidence. The fact that all cyclical rebounds during the 1990s have been cut short by restrictive monetary policy explains the inability of the German labour market to regain full employment.
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-9756
ER  -