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Institutional Conditioning of the German Labour Market in the Face of the Global Economic Crisis 2008-2009

Author

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  • Michal Moszynski

    (Nicolaus Copernicus University, Poland)

Abstract

The scientific objective of this study is an attempt to clarify the institutional aspects of the functioning of the labour market in Germany that are relevant to the response to the crisis of 2008-2009. After a brief review of the selected institutions in Germany in comparison to the OECD countries, the labour market reforms undertaken in the period between 2002 and 2007 will be discussed. Then, selected on the basis of literature studies, institutional buffers of the labour market mitigating shocks are examined with particular emphasis on the instruments of internal flexibility, social partners’ behaviour and institutional connections of labour markets with other domains of economic order. The elements of institutional framework are subject to qualitative analysis backed up by available official statistical data.

Suggested Citation

  • Michal Moszynski, 2015. "Institutional Conditioning of the German Labour Market in the Face of the Global Economic Crisis 2008-2009," Working Papers 160/2015, Institute of Economic Research, revised Sep 2015.
    • Handle: RePEc:pes:wpaper:2015:no160
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    References listed on IDEAS

    as
    1. Tito Boeri & Herbert Bruecker, 2011. "Short-time work benefits revisited: some lessons from the Great Recession [‘Reversed roles? Wage and employment effects of the current crisis’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 26(68), pages 697-765.
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    More about this item

    Keywords

    crisis; Germany; labour market institutions; employment; unemployment;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical

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