In this paper we investigate the recent fall in unemployment, and the rise in part-time work, labour market … participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long …. Overall we find that Germany increased welfare as unemployment fell. …

In this paper we investigate the recent fall in unemployment, and the rise in part-time work and labour market … participation amongst prime-aged Germans. We show that unemployment fell because the Hartz reforms induced a large fraction of the … probabilities show that observed changes in the stocks of registered and unregistered unemployment as well as marginal, contributed …