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Die Produktivitaetsentwicklung und die Rolle von Arbeitszeitkonten waehrend der Grossen Rezession 2008/2009: Ergebnisse auf der Grundlage des IAB Betriebspanels (Productivity Development and the Role of Working Time accounts during the 2008/2009 Recession: Evidence from the IAB Establishment Panel)


  • Gerner, Hans-Dieter


Zwischen 2008 und 2009 wurde Deutschland vom dramatischsten oekonomischen Schock seit der Grossen Weltwirtschaftskrise 1929 erfasst. Im Gegensatz zu anderen betroffenen Staaten blieb der Arbeitsmarkt weitestgehend entspannt. Dieses Phaenomen bezeichnete Paul Krugman im Herbst 2009 als „Germany‘s Jobs Miracle“. Intuitiv laesst sich dies nur so erklaeren, dass die Betriebe in ganz erheblichem Ausmass ihre Beschaeftigten gehortet haben. Empirische Hinweise hierfuer, insbesondere auf der Mikroebene, sind allerdings noch sehr rar. Auch fuer die weit verbreitete These, wonach das hohe Mass an Arbeitszeitflexibilitaet, u.a. realisiert durch den Einsatz von Arbeitszeitkonten, eine wichtige Rolle gespielt hat, gibt es bisher keine empirischen Nachweise auf der Mikroebene. An diesen Punkten setzt die vorliegende Arbeit an. Auf der Basis des IAB Betriebspanels zeigen sich dabei ganz klare Hinweise darauf, dass die von der Krise betroffenen Betriebe ihre Beschaeftigten gehortet haben. Unterschiede zwischen den Betrieben mit und den Betrieben ohne Arbeitszeitkonten lassen sich allerdings nicht finden. (Between 2008 and 2009 Germany was hit by the most severe economic shock since the Great Depression in 1929. In contrast to other countries subject to the economic downturn, the labor market situation in Germany remained relaxed. In Autumn 2009 Paul Krugman called this phenomenon “Germany’s Jobs Miracle”. Intuitively the only possible explanation is massive labor hoarding at the plant level. However, there is scarce empirical evidence of this especially at the micro- (plant) level. The same holds for the very common hypothesis that the high degree of working time flexibility, realized particularly through the wide-spread use of working time accounts, helped plants to establish their labor-hoarding strategies. The aim of this study is to contribute to filling this gap. Based on the IAB Establishment Panel clear evidence can be found of labor hording within plants hit by the economic crisis. However, no differences could be detected with respect to the extent of labor hoarding between plants with and plants without working time accounts.)

Suggested Citation

  • Gerner, Hans-Dieter, 2012. "Die Produktivitaetsentwicklung und die Rolle von Arbeitszeitkonten waehrend der Grossen Rezession 2008/2009: Ergebnisse auf der Grundlage des IAB Betriebspanels (Productivity Development and the Role ," Zeitschrift fuer Personalforschung. German Journal of Research in Human Resource Management, Rainer Hampp Verlag, vol. 26(1), pages 30-47.
  • Handle: RePEc:rai:zfpers:doi_10.1688/1862-0000_zfp_2012_01_gerner

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    Cited by:

    1. Lutz Bellmann & Olaf Hübler, 2015. "Working time accounts and firm performance in Germany," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-18, December.

    More about this item


    great recession; labor hoarding; working time accounts;

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions


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