Germany’s Job Miracle in the World Recession—Shock-Absorbing Institutions in the Manufacturing Sector

Germany’s Job Miracle in the World Recession—Shock-Absorbing Institutions in the Manufacturing Sector
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世界经济衰退中德国的就业奇迹——制造业的减震机构

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发表时间:
2010
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通讯作者:
J. Möller
J. Möller
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作者:
J. Möller

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本文旨在分析德国在世界经济衰退后所谓的就业奇迹。大规模的衰退主要影响了出口导向型制造业。这些行业的就业反应非常温和。因此,有强有力的证据表明,大量的劳动力囤积。通过分析制造业的不同分支,人们可以了解公司层面发生的缓冲过程。结果表明,企业内的灵活性的措施,支持劳动力市场工具,如短期工作计划,防止德国从重大解雇和失业率急剧上升。
This paper aims at analyzing the Germany’s so-called job miracle in the aftermath of the World Recession. The massive downturn mainly affected export-oriented manufacturing industries. These industries have shown an astonishingly moderate employment response. Hence there is strong evidence for substantial labor hoarding. By analyzing different branches of manufacturing one can shed some light on the buffering processes that took place at the firm level. It is shown that measures of within-firm flexibility—supported by labor market instruments like short-time work schemes—prevented Germany from major dismissals and a sharp increase in the unemployment rate.