The employment effects of countercyclical infrastructure investments.

Autor/inn/en	Buchheim, Lukas; Watzinger, Martin
Institution	CESifo GmbH
Titel	The employment effects of countercyclical infrastructure investments. Gefälligkeitsübersetzung: Die Beschäftigungseffekte von kontrafaktischen Infrastrukturinvestitionen.
Quelle	München (2017), 63 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CESifo working paper. 6383
Sprache	englisch
Dokumenttyp	online; Monographie
ISSN	2364-1428
Schlagwörter	Infrastruktur; Investition; Schule; Landkreis; Investitionspolitik; Investitionsförderung; Rezession; Schule; Landkreis; Energiesparen; Beschäftigungseffekt; Investition; Investitionsförderung; Investitionspolitik; Rezession; Zusätzlicher Arbeitsplatz; Infrastruktur; Regionaler Vergleich; Sektorale Verteilung
Abstract	"We estimate the causal impact of a sizable German infrastructure investment program on employment at the county level. The program focused on improving the energy efficiency of school buildings, making it possible to use the number of schools as an instrument for investments. We find that the program was effective, creating one job for one year for each EURO25'000 of investments. The employment gains reached their peak after nine months and dropped to zero quickly after the program's completion. The reductions in unemployment amounted to two-thirds of the job creation, and employment grew predominately in the construction and non-tradable industries." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2017/3