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This book was accepted in 1999 as doctoral thesis (Dr. oec. publ. ) by the faculty of economics of the Ludwig-Maximilians-Universitat in Munich. It won the dissertation price of the Alumni-Club of the economics faculty in the academic year 2000. Financial assistance by the German Research Asso­ ciation (DFG) for printing costs is gratefully acknowledged. I have to thank the people behind the B'IF,X-project, in particular Donald Knuth and Leslie Lamport, for their wonderful typesetting program. The supervisors of my thesis were Prof. Dr. G. Flaig and Prof. Dr. D. Marin. I would like thank both for their thorough reading of the book and their ideas and critical remarks. lowe much gratitude to my academic teacher Prof. Dr. G. Flaig for many insightful conversations about modern time series econometrics, asymptotic theory and data problems. His empha­ sis on clear theory combined with sound econometric methods formed my personal ideal of how to do applied economics. After he left the university in 1998I had the opportunity to continue my work at the Center for Economic Studies. Prof. Dr. H. -W. Sinn and my new colleaguesat CES provided a stim­ ulating environment for the completion of my dissertation. Finally, I want to thank my parents, my sister and my friends for being there and sharing my cheers and worries. Munich, October 2000 Michael Reutter Our main concern in philosophy and in science should be the search fortruth. Justification is not an aim; and brilliance and cleverness as such are boring.

Unemployment --- Econometric models --- 305.94 --- 332.620 --- DE / Germany - Duitsland - Allemagne --- Joblessness --- Econometrie van de arbeidsmarkt, de werkgelegenheid en de werkloosheid --- Werkloosheid: algemeenheden. Philipscurve --- Econometric models. --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Underemployment --- Labor economics. --- Macroeconomics. --- Labor Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Economics

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Labour market --- Foreign trade policy --- United States --- 339 --- 331.5 --- Foreign trade and employment --- International trade --- Labor market --- Unemployment --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Right to labor --- Underemployment --- Employees --- Market, Labor --- Supply and demand for labor --- Markets --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Commerce --- International economic relations --- Non-traded goods --- Employment and foreign trade --- Investments, Foreign, and employment --- Trade adjustment assistance --- Handel. Internationale economische betrekkingen. Wereldeconomie --binnenlandse als buitenlandse handel; zie ook {339.3} en {339.5} --- Arbeidsmarkt. Werkgelegenheid --(algemeen) --- Supply and demand --- Effect of international trade on --- Foreign trade and employment. --- International trade. --- Labor market. --- Unemployment. --- 339 Handel. Internationale economische betrekkingen. Wereldeconomie --binnenlandse als buitenlandse handel; zie ook {339.3} en {339.5} --- 331.5 Arbeidsmarkt. Werkgelegenheid --(algemeen) --- United States of America

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Labour market --- Taxes --- European Union --- Labor supply --- Welfare recipients --- Unemployment --- Income tax --- Marché du travail, Effets de l'impôt sur le --- Aide sociale --- Chômage --- Impôt sur le revenu --- Effect of taxation on --- Employment --- Bénéficiaires --- Travail --- Public welfare --- 331.5 <4> --- 331.56 <4> --- 316.323.65 --- 304 <4> --- #SBIB:023.IO --- #SBIB:35H435 --- #SBIB:35H437 --- #SBIB:33H13 --- #SBIB:33H16 --- 331.5 EUR --- #A0107A --- 451 Werkloosheid --- niveau de vie --- prosperite et bien etre --- chomage --- crise economique --- politique fiscale --- politique sociale --- europe --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- 331.31 --- 332.691 --- 336.61 --- 330.580 --- 368.40 --- 332.630 --- Europese Unie --- Nederland --- arbeid, loon --- arbeidsmarkt --- fiscaliteit --- welvaartseconomie --- werkgelegenheid --- werkloosheid --- 336.2 <4> --- 331.13794 --- -Welfare recipients --- -Unemployment --- -Public welfare --- -Income tax --- -Personal income tax --- Taxable income --- Taxation of income --- Direct taxation --- Internal revenue --- Progressive taxation --- Tithes --- Wages --- Benevolent institutions --- Poor relief --- Public assistance --- Public charities --- Public relief --- Public welfare reform --- Relief (Aid) --- Social welfare --- Welfare (Public assistance) --- Welfare reform --- Human services --- Social service --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Manpower policy --- Right to labor --- Underemployment --- Public welfare recipients --- Poor --- Labor force --- Labor force participation --- Labor pool --- Work force --- Workforce --- Labor market --- Human capital --- Labor mobility --- Manpower --- Arbeidsmarkt. Werkgelegenheid --(algemeen)--Europa --- Werkloosheid. Arbeidsreserve--Europa --- Verzorgingsstaat. Welvaartsstaat --- Sociale politiek. Maatschappelijke opbouw. Sociale problemen, vraagstukken--Europa --- Beleidssectoren: economisch en werkgelegenheidsbeleid --- Beleidssectoren: sociale zekerheid --- Economische politiek --- Publieke financiën --- levensstandaard --- welvaart en welzijn --- economische crisis --- fiscaal beleid --- sociale politiek --- europa --- Economisch beleid. --- Evolutie van de arbeidsmarkt. --- Financieel beleid. --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden. --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- Strijd tegen de werkloosheid: algemeen. Theorie en beleid van de werkgelegenheid. Volledige werkgelegenheid. --- -Employment --- -Taxation --- Government policy --- -Arbeidsmarkt. Werkgelegenheid --(algemeen)--Europa --- -331.5 <4> --- 304 <4> Sociale politiek. Maatschappelijke opbouw. Sociale problemen, vraagstukken--Europa --- 331.56 <4> Werkloosheid. Arbeidsreserve--Europa --- 331.5 <4> Arbeidsmarkt. Werkgelegenheid --(algemeen)--Europa --- 316.323.65 Verzorgingsstaat. Welvaartsstaat --- -316.323.65 Verzorgingsstaat. Welvaartsstaat --- Personal income tax --- -Government policy --- Marché du travail, Effets de l'impôt sur le --- Chômage --- Impôt sur le revenu --- Bénéficiaires --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden --- Economisch beleid --- Strijd tegen de werkloosheid: algemeen. Theorie en beleid van de werkgelegenheid. Volledige werkgelegenheid --- Evolutie van de arbeidsmarkt --- Financieel beleid --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden --- Taxation --- Labor supply - Effect of taxation on - European Union countries --- Welfare recipients - Employment - European Union countries --- Unemployment - European Union countries --- Public welfare - European Union countries --- Income tax - European Union countries