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Does the recent success of some OECD countries in lowering their unemployment rates lie in the clever design of their labour market reforms?

Belot, Michèle; Ours, Jan C. van - 2000

unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits, employment …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which …

Persistent link: https://www.econbiz.de/10011326419

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

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

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/10010332005

Another economic miracle? The German labor market and the great recession

Rinne, Ulf; Zimmermann, Klaus F. - 2011

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

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

Another Economic Miracle? The German Labor Market and the Great Recession

Rinne, Ulf - 2012

Persistent link: https://www.econbiz.de/10013112788

The Great Recession was not so great

Ours, Jan C. van - 2015

Persistent link: https://www.econbiz.de/10011348899

Revisiting Okun's relationship

Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2016

Persistent link: https://www.econbiz.de/10011453217

Revisiting Okun's relationship

Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2016

Our paper revisits Okun's relationship between observed unemployment rates and output gaps. We include in the … relationship the effect of labour market institutions as well as age and gender effects. Our empirical analysis is based on 20 OECD … unemployment rate) over time. The Okun coefficient is not only different for young, prime-age and older workers, it decreases with …

Persistent link: https://www.econbiz.de/10011455337