TAILIEUCHUNG - Higher economic growth through macroeconomic policy coordination? The combination of wage policy and monetary policy

Worker flexibility is key given the dynamic nature of the . labor market and ongoing technological change. In 2003, for example, a quarter of American workers were in jobs that were not even listed among the Census Bureau’s Occupation codes in 1967, and technological change has only accelerated since then. Environmental-related occupations – which are expected to experience tremendous growth over the next decade – did not exist in comparable data prior to 2000. As we build a new foundation for economic growth in the 21st century, the nation’s workers will be better prepared for ever-changing. | ECONSTOR Der Open-Access-Publikationsserver der ZBW - Leibniz-Informationszentrum Wirtschaft The Open Access Publication Server of the ZBW - Leibniz Information Centre for Economics Gern Klaus-Jurgen Meier Carsten-Patrick Scheide Joachim Working Paper Higher economic growth through macroeconomic policy coordination The combination of wage policy and monetary policy Kieler Diskussionsbeitrage No. 399 Provided in Cooperation with Kiel Institute for the World Economy IfW Suggested Citation Gern Klaus-Jurgen Meier Carsten-Patrick Scheide Joachim 2003 Higher economic growth through macroeconomic policy coordination The combination of wage policy and monetary policy Kieler Diskussionsbeitrage No. 399 ISBN 3894562463 This Version is available at http 10419 2924 Nutzungsbedingungen Die ZBW raumt Ihnen als Nutzerin Nutzer das unentgeltliche raumlich unbeschrankte und zeitlich auf die Dauer des Schutzrechts beschrankte einfache Recht ein das ausgewahlte Werk im Rahmen der unter http dspace Nutzungsbedingungen nachzulesenden vollstandigen Nutzungsbedingungen zu vervielfaltigen mit denen die Nutzerin der Nutzer sich durch die erste Nutzung einverstanden erklart. Terms of use The ZBWgrants you the user the non-exclusive right to use the selected work free of charge territorially unrestricted and within the time limit of the term of the property rights according to the terms specified at http dspace Nutzungsbedingungen By the first use of the selected work the user agrees and declares to comply with these terms of use. ZBW Leibniz-Informationszentrum Wirtschaft Leibniz Information Centre for Economics Leibnlz-Gemetnschaft KIELER DISKUSSIONSBEITRAGE 399 KIEL DISCUSSION PAPERS Higher Economic Growth through Macroeconomic Policy Coordination The Combination of Wage Policy and Monetary Policy by Klaus-Jurgen Gern Carsten-Patrick Meier and Joachim Scheide CONTENTS Strengthening potential output is high on the agenda for .

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