The role of the state

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book The role of the state by Andre Wiedenhofer, GRIN Publishing
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Author: Andre Wiedenhofer ISBN: 9783638799676
Publisher: GRIN Publishing Publication: June 23, 2007
Imprint: GRIN Publishing Language: English
Author: Andre Wiedenhofer
ISBN: 9783638799676
Publisher: GRIN Publishing
Publication: June 23, 2007
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2006 in the subject Business economics - Economic Policy, grade: B, University of Applied Sciences Essen (IOM), course: General Economics, 35 entries in the bibliography, language: English, abstract: The German labour market is one of the four key determinants of economic welfare. In this paper the role of the state and the state acting on the labour market will be discussed. Firstly it will be shown, which assignment has been given to the state within the German law. Secondly the instruments of monetary and fiscal policy will be shown as well as individual governmental activities, which have impact on the German labour market. In a further step, current governmental activities will be assessed whether they are able to decrease unemployment or not. In particular, it will be shown that instruments increases overall economic demand, reducing labour time or regulating labour market do not lead to increased economic welfare but increasing unemployment

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Seminar paper from the year 2006 in the subject Business economics - Economic Policy, grade: B, University of Applied Sciences Essen (IOM), course: General Economics, 35 entries in the bibliography, language: English, abstract: The German labour market is one of the four key determinants of economic welfare. In this paper the role of the state and the state acting on the labour market will be discussed. Firstly it will be shown, which assignment has been given to the state within the German law. Secondly the instruments of monetary and fiscal policy will be shown as well as individual governmental activities, which have impact on the German labour market. In a further step, current governmental activities will be assessed whether they are able to decrease unemployment or not. In particular, it will be shown that instruments increases overall economic demand, reducing labour time or regulating labour market do not lead to increased economic welfare but increasing unemployment

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