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Indiana University Bloomington

BEPP

The Kelley Advantage

The department is home to the authors of Managerial Economics and Business Strategy and Games and Information: An Introduction to Game Theory, two of the nation’s leading textbooks in the field.

Research and Publications

Working Papers

The Petersberg Declaration

2009

Jürgen von Hagen, Klaus F. Zimmermann, Michael C. Burda, Kai A. Konrad, Friedrich Schneider, Hilmar Schneider, Gert G Wagner

Abstract

Against the background of the worldwide financial market and economic crisis, leading German economists urge policymakers to maintain the reform course in labor market policy. The experts warn not to jeopardize the clearly positive effects of the recent reform efforts. The "Petersberg Declaration" also proposes an economic orientation of German immigration legislation and an improvement of the market for social services, which has so far been dominated by voluntary work. Moreover, the welfare state should encourage risk-taking as a key factor for mobility, innovation, and growth.

Citation

Zimmermann, Klaus F. & Burda, Michael C. & Konrad, Kai A. & Schneider, Friedrich & Schneider, Hilmar & von Hagen, Jürgen & Wagner, Gert G., 2009. "The Petersberg Declaration," IZA Policy Papers No. 1, Institute for the Study of Labor (IZA).

Keywords

labor market, workfare, education, immigration law, welfare state