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Labor market segmentation refers to a salient divide between secure and insecure jobs and is related to problems in important areas, including macro‐economic efficiency, workers' wellbeing and repercussions for social cohesion. European countries have started a new wave of labor market reforms...
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The paper provides a theoretical rationale for flexicurity policies, which consist of low employment protection …, generous unemployment insurance and active labor market programmes. It analyzes in which conditions flexicurity can be optimal … flexicurity is optimal, and where it is not optimal. …
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The supply and demand framework of Katz and Murphy (1992) provides new evidence on the source of changes in socially insured full-time and part-time employment in years preceding and following the implementation of the landmark Hartz reforms in Germany. Our findings are consistent with a stable...
Persistent link: https://www.econbiz.de/10011437993
The number of unemployed workers in Germany decreased dramatically from its peak in February 2005 at over 5.2 million to 3.6 million by 2008. At the same time, employment increased by 1.2 million. Most theoretical and empirical analyses of this episode assume that a worker leaving unemployment...
Persistent link: https://www.econbiz.de/10011663975
Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties …
Persistent link: https://www.econbiz.de/10013316818
Before the great recession of 2008-2009, the "flexicurity" model (with flexibility for firms to adjust their labor … well-functioning flexicurity model? Flexible hiring and firing rules are expected to lead to large adjustments in …
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