Ronald Schettkat: Inequality and the Challenge of Employment 2/3

The video discusses the relationship between inequality and employment, focusing on the natural rate theory and its implications for European and US labor markets. It examines the role of institutional changes, monetary policy, and education in shaping inequality and employment outcomes. The video also challenges the notion that redistribution negatively impacts employment, suggesting that different economic models can coexist with varying levels of inequality without necessarily affecting employment relations.

What new insight or understanding did you gain from this video?

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