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Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success …
Persistent link: https://www.econbiz.de/10010293117
In this paper we investigate the recent fall in unemployment, and the rise in part-time work, labour market … participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long …. Overall we find that Germany increased welfare as unemployment fell. …
Persistent link: https://www.econbiz.de/10011873446
The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important factors that have contributed to this development...
Persistent link: https://www.econbiz.de/10010282628
This paper uses a large survey (SOEP) to update and deepen our knowledge about the labor market performance of immigrants in Germany. It documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for...
Persistent link: https://www.econbiz.de/10011613463
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10010262566
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/10010285994
Extending working life is an objective for many nations. However, the UK government has recently reported only modest improvement "compared to many nations". A comparison of European, Labour Force Surveys show that Germany has reversed early retirement much faster than the UK since 2003. This...
Persistent link: https://www.econbiz.de/10011314550
This paper assesses the existence and the extent of austerity‐oriented policies in Germany in the aftermath of the 2008‐9 recession. In contrast to the intensive phase of labour market and welfare state reforms in the early 2000s aimed at 'welfare readjustment', we do not see austerity...
Persistent link: https://www.econbiz.de/10011345384
This paper gives an overview of the transformation of the German labor market since the mid-1990s with a special focus on the changing patterns of labor market segmentation or dualization of employment in Germany. While labor market duality in Germany can partially be attributed to labor market...
Persistent link: https://www.econbiz.de/10010322837
The share of non-standard jobs in total employment has increased in Germany over recent decades. Research tends to attribute this in particular to labour market re-forms and socio-economic change. However, it becomes clear upon closer inspection that macro trends alone cannot provide...
Persistent link: https://www.econbiz.de/10010329039