Launov, Andrey; Wälde, Klaus - In: Wirtschaftsdienst 94 (2014) 2, pp. 112-117
After the Hartz reforms of 2003–2005, unemployment in Germany has gone down significantly. Using a structural evaluation, it is shown that the contribution of the Hartz IV reform to this decrease was extremely modest. Hartz IV explains less than 0.1 percentage point of the decline in the...