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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10011997295
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10011965759
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10011974802
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Public employment agency reform, matching efficiency, and German unemployment
Merkl, Christian; Sauerbier, Timo - 2022
Our paper aims at improving the understanding for the role of public employment agencies in job matching. We analyze … matching and unemployment. Based on two microeconomic datasets, we show that the market share of the Federal Employment Agency …
Persistent link: https://www.econbiz.de/10012797822
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019
This paper proposes a new approach to evaluate the macroeconomic effects of the "Hartz IV" reform, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10012437211
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Public employment agency reform, matching efficiency, and German unemployment
Merkl, Christian; Sauerbier, Timo - 2023
Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the … restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … workers reduced unemployed by 0.8 percentage points. Through the lens of an aggregate matching function, more activation is …
Persistent link: https://www.econbiz.de/10014247120
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2021
This paper proposes a new approach to evaluate the macroeconomic effects of the "Hartz IV" reform, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10012485069
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Hartz IV and the decline of German unemployment : a macroeconomic evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2021
This paper proposes a new approach to evaluate the macroeconomic effects of the “Hartz IV” reform, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10012485370
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Public employment agency reform, matching efficiency, and German unemployment
Merkl, Christian; Sauerbier, Timo - 2022
Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the … restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … workers reduced unemployed by 0.8 percentage points. Through the lens of an aggregate matching function, more activation is …
Persistent link: https://www.econbiz.de/10013454807
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2022
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric … movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative … tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …
Persistent link: https://www.econbiz.de/10013185150