Arbeitspapier
Old Europe's social model: A reason of low growth? The case of Germany
This paper discusses the goal conflict between social protection and economic growth as well as employment. Taking the German economy as an example for the large continental economies of Old Europe, it analyzes twenty mechanisms that affect the fundamentals of the economy negatively and imply low growth and high unemployment. An empirical index is constructed. In the period 1960-2005, an increase in the social protection index goes together with a decline in the GDP growth rate by 2.6 percentage points.
- Language
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Englisch
- Bibliographic citation
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Series: Kiel Working Paper ; No. 1291
- Classification
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Wirtschaft
- Subject
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Economic growth
Unemployment
Mechanisms for a poor dynamics
Old Europe
Erosion
Social protection
Sozialstaat
Soziale Sicherung
Wirtschaftswachstum
Beschäftigungseffekt
Arbeitslosigkeit
Schätzung
Deutschland
- Event
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Geistige Schöpfung
- (who)
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Siebert, Horst
- Event
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Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
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Kiel
- (when)
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2006
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Siebert, Horst
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2006