Torsten Niechoj
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A stand-up comedian’s view on the Eurozone crisis German labour costs

New issue of EJEEP (December 2015)

By Torsten Niechoj On 2016/01/20

In December, the newest issue of EJEEP, the European Journal of Economics and Economic Policies: Intervention, went online. Print copies should be available now at libraries that subscribed to the journal.

This issue’s free article on ‘Will “structural reforms” of labour markets reduce productivity growth? A firm-level investigation’ provides empirical evidence for a negative relationship between flexibility of the labour market and productivity. The reason is a diminishing effect of flexible labour relations on loyalty and commitment of employees.

I contributed a book review to the current issue, it is a comparison of two introductory volumes on Post Keynesian and Austrian economics.

According to EJEEP’s mission statement, the journal is

‘a peer-reviewed journal which serves as a forum for studies in macroeconomic theory, economic institutions and economic policies. The recent financial and economic crises have again demonstrated the inadequacy of orthodox economics based on neoclassical foundations, both in explaining the causes of the crises and in suggesting the appropriate economic policy responses. Therefore, the managing editors invite contributions acknowledging the pluralism of research approaches in economics. In particular they aim at productive debates involving one or more variants of heterodox approaches. The managing editors contend that a wide variety of institutional and social factors shape economic life and economic processes. Only a careful study and integration of such factors into economics will lead to theoretical progress and to adequate economic policy recommendations.’

The submission of both theoretical and empirical work is encouraged. Article manuscripts can be submitted electronically at https://editorialexpress.com/ejeep.

Don’t hesitate to contact me, EJEEP’s lead editor, if there are any questions concerning the journal.

Tagged with: Austrian Economics • EJEEP • Österreichische Schule • post-Keynesian Economics • Postkeynesianismus • Structural reforms • Strukturreformen 
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