Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/3873
Authors: 
Siebert, Horst
Year of Publication: 
2006
Series/Report no.: 
Kiel Working Paper 1291
Abstract: 
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.
Subjects: 
Economic growth
Unemployment
Mechanisms for a poor dynamics
Old Europe
Erosion
Social protection
JEL: 
H
J
K
O
P
Document Type: 
Working Paper

Files in This Item:
File
Size
191.73 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.