Escaping the unemployment trap: the case of East Germany
"This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have been reversed (e.g., after wages relative to productivity have fallen). We suggest that the longer people are unemployed, the greater is their cumulative likelihood of fallin...
| Main Author: | |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Bonn
2008
IZA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19180780124919089629-escaping-the-unemployment-trap.htm |
