Gemeinschaftsdiagnose im Frühjahr 2014

Oliver Holtemöller and Axel Lindner

Wirtschaftsdienst, 2014, vol. 94, issue 5, 352-355

Abstract: In 2014 and 2015 the German economy will, according to the joint economic forecast, be in an upswing that is mainly driven by strong internal demand. The institutes assess the risks coming from a possible slump of the Russian economy. Simulations with macroeconometric models show that Germany is more affected than other large economies in Europe such as France and Italy. The new minimum wage is a further risk for the German economy that it is difficult to assess. According to this forecast, the minimum wage will, when it comes into effect in 2015, mainly have an adverse effect on employment. Since in general only jobs with low productivity will be lost, the effect on production will be markedly smaller. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: C5; E2; J3 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10273-014-1678-6 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:wirtsc:v:94:y:2014:i:5:p:352-355

Ordering information: This journal article can be ordered from
http://www.springer. ... policy/journal/10273

DOI: 10.1007/s10273-014-1678-6

Access Statistics for this article

Wirtschaftsdienst is currently edited by Christian Breuer

More articles in Wirtschaftsdienst from Springer, ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().