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Labor Market Reforms and the Great Recession
Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2013
Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the Great Recession. This paper assesses the role of the labor market reforms for the latter development. Against this background, general lessons are drawn from the German...
Persistent link: https://www.econbiz.de/10010884403
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The German Labour Market: Preparing for the Future
Hüfner, Felix; Klein, Caroline - Economics Department, Organisation de Coopération et … - 2012
The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility. Going forward, the government should build on this success and...
Persistent link: https://www.econbiz.de/10011276953
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Spatial Heterogeneity and the Wage Curve revisited
Longhi, Simonetta; Nijkamp, Peter; Poot, Jacques - Tinbergen Institute - 2004
local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …
Persistent link: https://www.econbiz.de/10005144473
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Is Germany the North Star of Labor Market Policy?
Rinne, Ulf; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2013
Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success …
Persistent link: https://www.econbiz.de/10010735642
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Spatial Heterogeneity and the Wage Curve revisited
Longhi, Simonetta; Nijkamp, Peter; Poot, Jacques - Tinbergen Instituut - 2004
local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …
Persistent link: https://www.econbiz.de/10011256886
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Unbundling the Great European Recession (2009-2013): Unemployment, Consumption, Investment, Inflation and Current Account
Campiglio, Luigi Pierfranco - Volkswirtschaftliche Fakultät, … - 2014
reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …
Persistent link: https://www.econbiz.de/10011261122
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What Explains the German Labor Market Miracle in the Great Recession?
Burda, Michael C; Hunt, Jennifer - C.E.P.R. Discussion Papers - 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...
Persistent link: https://www.econbiz.de/10009246610
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How Rigid are Nominal Wages? Evidence and Implications for Germany
Knoppik, Christoph; Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2001
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10005822114
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Spatial Filtering and Eigenvector Stability: Space-Time Models for German Unemployment Data
Patuelli, Roberto; Griffith, Daniel A.; Tiefelsdorf, Michael - USI Università della Svizzera italiana - 2009
unemployment rates in 439 NUTS-3 German districts. We employ a semi-parametric approach – spatial filtering – in order to uncover … filtering analysis of regional unemployment rates in Germany. Furthermore, we exploit the resulting spatial filter as an …
Persistent link: https://www.econbiz.de/10005057134
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Unbundling the Great European Recession (2009-2013): Unemployment, Consumption, Investment, Inflation and Current Account
Campiglio, Luigi Pierfranco - Dipartimenti e Istituti di Scienze Economiche, … - 2014
reciprocal relationship. The variables considered are: unemployment, inflation, consumptions, investments and current accounts …-Okun relationship between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test … for the relationship between unemployment and the Government deficit, e) we show the existence of a relationship between …
Persistent link: https://www.econbiz.de/10010795487