This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … equilibrium model with a detailed labor market block for postunification Germany. This allows us to disentangle the role of …

This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …

This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal … Deutschland darstellt, wobei der Partialeffekt und der Gleichgewichtseffekt etwa gleichbedeutend waren. Wir sind die ersten, die …