Another economic miracle? The German labor market and the great recession

Artikel

Germany's labor market responded only mildly to the Great Recession. Important factors for this development include the strong economic position due to recent labor market reforms, the crisis affecting mainly export-oriented companies, the extension of short-time work, time buffers due to working time accounts, the behavior of social partners, and automatic stabilizers. We emphasize the important interaction between short-time work and long-term shortages of skilled workers in sectors particularly affected by the crisis. Although Germany's experience is in stark contrast to the United States, we identify and discuss common challenges at the center of the future jobs debate.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: IZA Journal of Labor Policy ; ISSN: 2193-9004 ; Volume: 1 ; Year: 2012 ; Pages: 1-21 ; Heidelberg: Springer

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Mobility, Unemployment, and Vacancies: Public Policy ; Labor Force and Employment, Size, and Structure ; Comparative Studies of Particular Economies ; Comparative Studies of Countries
• Thema: economic crisis ; Germany ; short-time work ; unemployment ; labor market institutions ; internal flexibility ; Wirtschaftskrise ; Arbeitslosigkeit ; Arbeitsmarktflexibilität ; Unterbeschäftigung ; Fachkräfte ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Rinne, Ulf ; Zimmermann, Klaus F.
• Ereignis: Veröffentlichung
• (wer): Springer
• (wo): Heidelberg
• (wann): 2012

Weitere Informationen

• DOI: doi:10.1186/2193-9004-1-3
• Handle: http://hdl.handle.net/10419/92364
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ