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The German labor market miracle, 2003-2015 : an assessment
Burda, Michael C. - 2016
This paper reviews the dramatic and widely noted developments in the German labor market in the past decade and surveys the most plausible reasons for these changes. Alternative hypotheses are compared and contrasted. I argue that the labor market reforms associated with the Agenda 2010 – the...
Persistent link: https://www.econbiz.de/10011437903
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No role for the Hartz reforms? : demand and supply factors in the German labor market, 1993-2014
Burda, Michael C.; Seele, Stefanie - 2016
The supply and demand framework of Katz and Murphy (1992) provides new evidence on the source of changes in socially insured full-time and part-time employment in years preceding and following the implementation of the landmark Hartz reforms in Germany. Our findings are consistent with a stable...
Persistent link: https://www.econbiz.de/10011437993
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Das deutsche Arbeitsmarktwunder : eine Bilanz
Burda, Michael C.; Seele, Stefanie - 2017
Dem deutschen Arbeitsmarkt ging es noch nie seit der Wiedervereinigung so gut wie heute. Die nachhaltige Entwicklung seit 2005 ist auf zwei entscheidende Treiber zurückzuführen: die Umverteilung eines beinahe gleichbleibenden Arbeitsstundenvolumens auf mehr Beschäftigte und die massive...
Persistent link: https://www.econbiz.de/10011763643
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Das deutsche Arbeitsmarktwunder : eine Bilanz
Burda, Michael C.; Seele, Stefanie - 2017
Dem deutschen Arbeitsmarkt ging es noch nie seit der Wiedervereinigung so gut wie heute. Die nachhaltige Entwicklung seit 2005 ist auf zwei entscheidende Treiber zurückzuführen: die Umverteilung eines beinahe gleichbleibenden Arbeitsstundenvolumens auf mehr Beschäftigte und die massive...
Persistent link: https://www.econbiz.de/10011710566
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Another economic miracle? : the German labor market and the great recession
Rinne, Ulf; Zimmermann, Klaus F. - In: IZA journal of labor policy 1 (2012), pp. 1-21
Germany’s labor market responded only mildly to the Great Recession. Important factors for this development include the strong economic position due to recent labor market reforms, the crisis affecting mainly export-oriented companies, the extension of short-time work, time buffers due to...
Persistent link: https://www.econbiz.de/10009686542
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Big data and unemployment analysis
Bratu, Mihaela; Zimmermann, Klaus F. - 2017
unemployment by means of internet activity data, a literature starting with the seminal article of Askitas and Zimmermann (2009a …
Persistent link: https://www.econbiz.de/10012114391
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Reflections on wage-setting
Zimmermann, Klaus F. - 2018
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
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The wage curve after the Great Recession
Blanchflower, David G.; Bryson, Alex; Spurling, Jackson - 2022
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …
Persistent link: https://www.econbiz.de/10013342929
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Another economic miracle? : the German labor market and the great recession
Rinne, Ulf; Zimmermann, Klaus F. - 2011
; Germany ; short-time work ; unemployment ; labor market institutions ; internal flexibility …
Persistent link: https://www.econbiz.de/10009524339
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A vibrant European labor market with full employment
Ritzen, Jozef M. M.; Zimmermann, Klaus F. - In: IZA journal of European Labor Studies 3 (2014) 10, pp. 1-24
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union...
Persistent link: https://www.econbiz.de/10010533168