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
Englisch

Bibliographic citation
Series: Kiel Working Paper ; No. 1291

Classification
Wirtschaft
Subject
Economic growth
Unemployment
Mechanisms for a poor dynamics
Old Europe
Erosion
Social protection
Sozialstaat
Soziale Sicherung
Wirtschaftswachstum
Beschäftigungseffekt
Arbeitslosigkeit
Schätzung
Deutschland

Event
Geistige Schöpfung
(who)
Siebert, Horst
Event
Veröffentlichung
(who)
Kiel Institute for the World Economy (IfW)
(where)
Kiel
(when)
2006

Handle
Last update
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

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