Old Europe's social model: A reason of low growth? The case of Germany

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3873

Title:	Old Europe's social model: A reason of low growth? The case of Germany
Keywords:	H J K O P ddc:330 Social protection Economic growth Unemployment Mechanisms for a poor dynamics Old Europe Erosion Sozialstaat Soziale Sicherung Wirtschaftswachstum Beschäftigungseffekt Arbeitslosigkeit Schätzung Deutschland
Issue Date:	16-Oct-2013
Publisher:	Kiel Institute for the World Economy (IfW) Kiel
Description:	This paper discusses the goal conflict between social protection and economic growth as well as employment. Taking the German economy as an example for the large continental economies of Old Europe, it analyzes twenty mechanisms that affect the fundamentals of the economy negatively and imply low growth and high unemployment. An empirical index is constructed. In the period 1960-2005, an increase in the social protection index goes together with a decline in the GDP growth rate by 2.6 percentage points.
URI:	http://koha.mediu.edu.my:8181/xmlui/handle/10419/3873
Other Identifiers:	http://hdl.handle.net/10419/3873 ppn:517476304
Appears in Collections:	EconStor

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