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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

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

Youth unemployment in Greece : measuring the challenge

Bell, David N. F.; Blanchflower, David G. - In: IZA journal of European Labor Studies 4 (2015) 1, pp. 1-25

A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper …

Persistent link: https://www.econbiz.de/10010533317

Labor Market Slack in the United Kingdom

Bell, David N.F. - 2014

Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence … the MPC in its assessment of the output gap reduces the level of unemployment because of its claim that long …-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the …

Persistent link: https://www.econbiz.de/10013051159

Wages and Labor Market Slack : Making the Dual Mandate Operational

Blanchflower, David G. - 2014

In this paper we examine the impact of rises in inactivity on wages in the US economy and find evidence of a … impact of the unemployment rate itself. This pattern holds across recent decades in the US data, and the relationship … strengthens in recent years when variation in participation increases. We also examine the impact of long-term unemployment on …

Persistent link: https://www.econbiz.de/10013046850

Job Creation and Job Destruction in Great Britain in the 1980s

Blanchflower, David G.; Burgess, Simon M. - 1998

The authors investigate processes of job creation and job destruction in Britain, using data from the Workplace Industrial Relations Surveys of 1980, 1984, and 1990. They find that rates of employment growth, job creation, job destruction, and job reallocation (the sum of job creation and job...

Persistent link: https://www.econbiz.de/10014115817

What explains the German labor market miracle in the Great Recession?

Burda, Michael C.; Hunt, Jennifer - 2011

traditional government-sponsored short-time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time …

Persistent link: https://www.econbiz.de/10009309501

What Explains the German Labor Market Miracle in the Great Recession?

Burda, Michael C. - 2011

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to 40...

Persistent link: https://www.econbiz.de/10013122978

What explains the German labor market miracle in the Great Recession?

Burda, Michael C.; Hunt, Jennifer - 2011

government-sponsored short time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time accounts …

Persistent link: https://www.econbiz.de/10009151656

US and UK labour markets before and during the Covid-19 crash

Bell, David N. F.; Blanchflower, David G. - In: National Institute economic review : journal of the … 252 (2020) 1, pp. R52-R69

Persistent link: https://www.econbiz.de/10012258647