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Education key as German labor market tries to keep up with pace of change | Business | Economy and finance news from a German perspective | DW

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David Slusky to deliver Shutz Lecture


Fri, 05/07/2021
LAWRENCE David Slusky is an instinctive sleuth willing to share the tricks of his trade to help students explore the economic questions swirling around them. Slusky, the De-Min and Chin-Sha Wu Associate Professor of Economics in the College of Arts & Sciences at the University of Kansas, will deliver the annual Shutz Lecture at 3:30 p.m. Wednesday, May 12. Individuals can register to attend the Zoom webinar here. His presentation is titled “Adventures with a Natural Experiment Hunter: Teaching Economics Research.”
The lecture will be recorded for those unable to attend the virtual event and posted to the Faculty Development website. ....

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An Economist's View of the Informal Economy: Interview with Friedrich Schneider


An Economist s View of the Informal Economy: Interview with Friedrich Schneider
29.Jan.2021 9:00 AM .
5 min read
Friedrich Schneider is a Professor of Economics at Johannes Kepler University in Linz, Austria and a Research Fellow at the Institute of Labor Economics in Bonn, Germany.
First off, how can we define the informal economy? What sort of academic debates have gone on regarding the definition of the informal economy?
The informal economy is also called the shadow economy or the gray economy, there are lots of names for it. To be brief, the informal economy consists of goods and services which are produced in the shadow, avoiding taxes and government regulations, but are legal. Legality is important. If I repair a car off the books, it’s running afterwards, and it’s a legal activity, which is different from illegal activities such as drug dealing or burglary or other classical criminal activity. ....

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