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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
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
traditional government-sponsored short-time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time …
Persistent link: https://www.econbiz.de/10009309501
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
government-sponsored short time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time accounts …
Persistent link: https://www.econbiz.de/10009151656
Persistent link: https://www.econbiz.de/10010471066
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This paper evaluates complementarities of labor market institutions and the business cycle in the context of a … production. Furtherrnore~ labor rnarket institutions act in a complementary fashion in generating these effects. …
Persistent link: https://www.econbiz.de/10009580466