Globalization and Unemployment
Springer-Verlag Berlin Heidelberg GmbH
Helmut Wagner Editor Globalization and Unemployment With 32 Figures and 24 Tables i Springer
Prof. Dr. Helmut Wagner University of Hagen Chair of Macroeconomics Feithstrasse 140 58084 Hagen ISBN 978-3-642-08606-9 Library of Congress Cataloging-in-Publication Data Die Deutsche Bibliothek - CIP-Einheitsaufnahme Globalization and unemployment: with 24 tables I Helmut Wagner (ed.). ISBN 978-3-642-08606-9 ISBN 978-3-662-04082-9 (ebook) DOI 10.1007/978-3-662-047082-9 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer-Verlag Berlin Heidelberg GmbH. Violations are liable for prosecution under the German Copyright Law. Springer-Verlag Berlin Heidelberg 2000 Originally published by Springer-Verlag Berlin Heidelberg New York in 2000 Softcover reprint of the hardcover 1st edition 2000 The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Hardcover-Design: Erich Kirchner, Heidelberg SPIN 10724389 42/2202-5 4 3 2 I 0 - Printed on acid-free paper
Contents Introduction Helmut Wagner Part 1 : Globalization I. Challenges Meeting the Challenges of Globalization in the Advanced Economies Daniel Citrin and Stanley Fischer II. Historical Perspective Globalization in Historical Perspective Kevin H O'Rourke Part 2 : Unemployment 19 39 I. Empirical Trends International Unemployment Trends: Measurement and Stylized Facts Ronald Schettkat, Marinus Verhagen II. Theoretical Explanations Unemployment: Theoretical Explanations Thomas Beiftinger, Joachim Moller Comment: Bernd Fitzenberger Endogenously Biased Technical Progress and the Macroeconomic Structure of Employment and Wages Winfried Vogt Part 3 : Globalization and Unemployment 59 89 135 141 I. Effects of Globalization on Unemployment Wages, Unemployment, and Globalization: a Tale of Conventional Wisdoms Oliver Landmann Comment: Arne Heise 165 193
VI Contents II. Effects of European Monetary Integration on Unemployment Effects of European Monetary Integration on Unemployment: How Costly Was (Intra-European) Exchange Rate Variability? 203 Ansgar Belke, Daniel Gros Comment: Carsten Hefeker 243 Part 4 : Globalization, Unemployment, and Economic Policies I. Labor Market Policy Labor Market Policy in a Global Economy 257 Norbert Berthold, Rainer Fehn Labor Market Analysis and Labor Market Policy in a Global Economy - An Alternative View (Commentary Paper) 297 Jurgen Kromphardt II. Fiscal Policy Fiscal Policy and Unemployment in a Global Economy Clemens Fuest, Bernd Huber, Florian Wohlbier Comment: Matthias Wrede III. Stabilization Policy Globalization and Inflation Helmut Wagner Comment: Paul J.J. We/fens 313 333 343 389 Notes on Contributors 397