Germany’s Labor Market Should Study the Refugee Wave of an Earlier Age
It’s pretty early to be able to say how the arrival of more than 1 million migrants and asylum-seekers from Syria and other war-torn states over the past eighteen months will affect Germany. It helps however that this isn’t the first time such a thing has happened.
After World War II, some 8 million refugees from German-speaking regions in eastern Europe arrived in what became West Germany, forming part of one of the largest migration movements in human history. New findings by Sebastian Braun at the Kiel Institute for the World Economy and Henning Weber, a research economist at the Bundesbank, show that the main element that helped to integrate those people into the workforce was time.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock
- Subways May Be the Latest Casualty of China's Crackdown on Debt