Herzog-Stein, Alexander; Lindner, Fabian; Sturn, Simon - Institut für Makroökonomie und Konjunkturforschung … - 2013
This paper investigates the reasons for the exceptionally robust performance of the German labour market during the Great Recession. While GDP dropped by more than five per cent in 2009, employment remained constant and started to increase soon after. We compare this recession to other major...
