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Woher kam der deutsche Arbeitsmarktaufschwung? – Und wie kann es weitergehen?

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  • Hutter Christian
  • Weber Enzo

Abstract

While the labour markets in Europe and around the world suffered from the great recession of 2008/2009 and the European debt crisis of 2012/2013, there was a robust labour market upswing in Germany. We consider the reasons behind this development by examining a broad set of candidate factors in an empirical analysis. Matching efficiency, the intensity of job creation, the growing labour force, and the declining propensity to separate explain most of the German labour market upswing. Not all of these factors are still applicable. Additionally, further efforts to improve job opportunities for the unemployed and to secure skilled workers are necessary.

Suggested Citation

  • Hutter Christian & Weber Enzo, 2023. "Woher kam der deutsche Arbeitsmarktaufschwung? – Und wie kann es weitergehen?," Wirtschaftsdienst, Sciendo, vol. 103(9), pages 607-612, September.
    • Handle: RePEc:vrs:wirtsc:v:103:y:2023:i:9:p:607-612:n:11
    DOI: 10.2478/wd-2023-0171
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    More about this item

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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