Auswirkungen des Corona-Konjunkturprogramms auf Wirtschaft und Erwerbstätigkeit

Abstract

"This article gives an interim estimation of the effects of the German government's economic stimulus and crisis management program (3 June 2020) on the economy and the labour market in Germany. The economic stimulus program is intended to mitigate the economic consequences of the COVID-19 pandemic. It is intended to stimulate the economy, preserve jobs and reduce economic and social hardship. With the help of the scenario technique, a number of assumptions are made which relate to the economic stimulus package. Where the measures are specific enough, we make a number of scenario assumptions and integrate them into the QINFORGE analysis tool. The results show that the economic growth in 2020 will be 1.4 percent and another 1.7 percent in 2021 higher than without the package. In addition, the number of people in employment will increase with 200,000 people during 2020 and 240,000 in 2021. In terms of the industries, it is above all the public administration, the education and training industry and the construction industry that are increasingly in demand as a result of the economic stimulus package. In 2021, in addition to the industries mentioned, health care, architecture and engineering offices, land transport as well as the industry of homes and social services will benefit from the economic stimulus package." (Author's abstract, IAB-Doku) ((en))

Cite article

Wolter, M., Helmrich, R., Schneemann, C., Weber, E. & Zika, G. (2020): Auswirkungen des Corona-Konjunkturprogramms auf Wirtschaft und Erwerbstätigkeit. (IAB-Discussion Paper 18/2020), Nürnberg, 18 p.