How Could Germany Escape the Demographic Trap?
Demographic change is perceived as a threat for wealth rather than a challenge in Germany. The debate on skilled labor shortage is a proof for this view. The paper surveys the most important German studies on skilled labor shortage. Meanwhile, a consensus on solutions has emerged in academia. Increasing the participation rates of elderly, women and facilitating qualified immigration as well as improving productivity are the mainstream recommendations. The paper provides descriptive statistical evidence that temporary agency work could contribute to solve the skilled labor shortage problem via these four channels. However, it is far from clear that productivity increases are the most important and most sustainable way out of the demographic trap. Against this background the government's demographic strategy is assessed. It turns out that the government has not a coherent strategy yet to solve the demographic issues ahead.
|Date of creation:||Nov 2012|
|Contact details of provider:|| Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany|
Phone: +49 228 3894 223
Fax: +49 228 3894 180
Web page: http://www.iza.org
|Order Information:|| Postal: IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Heckman, James J. & Kautz, Tim, 2012.
"Hard evidence on soft skills,"
Elsevier, vol. 19(4), pages 451-464.
- James J. Heckman & Tim D. Kautz, 2012. "Hard Evidence on Soft Skills," NBER Working Papers 18121, National Bureau of Economic Research, Inc.
- Heckman, James J. & Kautz, Tim, 2012. "Hard Evidence on Soft Skills," IZA Discussion Papers 6580, Institute for the Study of Labor (IZA).
- Spermann, Alexander, 2011. "The New Role of Temporary Agency Work in Germany," IZA Discussion Papers 6180, Institute for the Study of Labor (IZA).
- Alexandra Spitz-Oener, 2006. "Technical Change, Job Tasks, and Rising Educational Demands: Looking outside the Wage Structure," Journal of Labor Economics, University of Chicago Press, vol. 24(2), pages 235-270, April.
- Kappler, Marcus & Bonin, Holger & Sachs, Andreas, 2011. "Forschungsbericht "Wertschöpfungseffekte der Fachkräftesicherung"," ZEW Expertises, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research, number 110533.
- Philippe Aghion & Peter Howitt, 2009. "The Economics of Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 9780262012638, July.
- Philippe Aghion & Peter Howitt, 2009. "The Economics of Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012634, July.
- Karl Brenke, 2010. "Fachkräftemangel kurzfristig noch nicht in Sicht," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 77(46), pages 2-15. Full references (including those not matched with items on IDEAS)