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Reformes du marché de travail en Allemagne – aucun effet sur l´emploi et aggravation des déséquilibres en Europe


  • Camille Logeay

    () (IMK at the Hans Boeckler Foundation)

  • Katja Rietzler

    () (IMK at the Hans Boeckler Foundation)


In this article an overview of the German macroeconomic performance in the last decade is stressed; extraordinary recovery of the German productivity and successes of the foreign trade face depressed domestic demand and a still worrying situation in the labour market. This article attempts to analyse the causes and consequences of these contradictory developments. Labour markets reforms in particular are focussed on in these lines. A macroeconomic evaluation of their impact on employment and wage developments is done and concludes that structural reforms cannot for themselves create more employment, they only can give a greater latitude for economic policy to boost demand without leaving the sustainable framework.

Suggested Citation

  • Camille Logeay & Katja Rietzler, 2008. "Reformes du marché de travail en Allemagne – aucun effet sur l´emploi et aggravation des déséquilibres en Europe," IMK Working Paper 02-2008, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
  • Handle: RePEc:imk:wpaper:02-2008

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    References listed on IDEAS

    1. Palley, Thomas I., 2009. "America's exhausted paradigm: Macroeconomic causes of the financial crisis and great recession," IPE Working Papers 02/2009, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    2. Thomas I. Palley, 1998. "Restoring Prosperity: Why the U.S. Model Is Not the Answer for the United States or Europe," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 20(3), pages 337-353, March.
    3. Thomas I. Palley, 2011. "Monetary Union Stability: The Need for a Government Banker and the Case for a European Public Finance Authority," IMK Working Paper 2-2011, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    4. Howell David R. & Baker Dean & Glyn Andrew & Schmitt John, 2007. "Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence," Capitalism and Society, De Gruyter, vol. 2(1), pages 1-73, May.
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    Cited by:

    1. Céline Antonin & Christophe Blot & Sabine Le Bayon & Catherine Mathieu, 2013. "La quête de la competitivité ouvre la voie de la déflation," Sciences Po publications info:hdl:2441/7o52iohb7k6, Sciences Po.

    More about this item


    Germany; business cycle; unemployment; employment; Europe;

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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