Caliendo, Marco; Hogenacker, Jens - Institute for the Study of Labor (IZA) - 2012
The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to … employees with adequate skills. The aim of this paper is threefold. First, we outline why the German labor market reacted in … such a mild fashion, describe current economic trends of the labor market in light of general trends in the European Union …