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From Sick Man of Europe to Economic Superstar: Germany's Resurgent Economy

Christian Dustmann, Bernd Fitzenberger, Uta Schönberg () and Alexandra Spitz-Oener
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Uta Schönberg: Department of Economics, University College London, and CReAM

Authors registered in the RePEc Author Service: Uta Schoenberg

No 1406, CReAM Discussion Paper Series from Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London

Abstract: The astonishing transformation of the German economy from the 'sick man of Europe' to a lean and highly competitive economy is predominantly due to the decentralisation of wage bargaining rather than government labour market reforms.

Keywords: wage structure; competitiveness; wage bargaining; labour market reforms; Germany (search for similar items in EconPapers)
Date: 2014-02
New Economics Papers: this item is included in nep-dev
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