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Wachstum durch Beschäftigung: Potenziale der deutschen Volkswirtschaft

Author

Listed:
  • Hüther Michael

    (Institut der deutschen Wirtschaft Köln e.V., Köln, Deutschland)

  • Jung Markos
  • Obst Thomas

    (Institut der deutschen Wirtschaft Köln e.V., Köln, Deutschland)

Abstract

Germany’s labour market faces substantial challenges caused by demographic change in the next decade. However, a country comparison with Sweden and Switzerland reveals hidden labour market potentials. Raising the employment rate towards the Swiss level implies an increase of 1.83 billion labour hours. An alignment of weekly working hours as well as annual working weeks in Germany with the (higher) values of those in Sweden and Switzerland would raise annual labour volume to 4.71 billion working hours. A reduction of involuntary part time work in Germany leads to an increase of 691 million working hours. A better utilisation of the existing labour force potential can thus contribute to tackle the adverse effects of demographic change and enable a state budget consolidation after the crisis.

Suggested Citation

  • Hüther Michael & Jung Markos & Obst Thomas, 2022. "Wachstum durch Beschäftigung: Potenziale der deutschen Volkswirtschaft," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 71(2), pages 95-123, August.
    • Handle: RePEc:lus:zwipol:v:71:y:2022:i:2:p:95-123:n:7
    DOI: 10.1515/zfwp-2022-2074
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    More about this item

    Keywords

    Arbeitsmarktentwicklung; demografischer Wandel; Arbeitskräftepotential; Ländervergleich;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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