wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage … wages of displaced workers after their return to work. Women experienced smaller wage losses than men. For both sexes, over …-displacement wages. …

In 2005, the unemployment compensation for long-term unemployed was reduced in Germany. We examine how this reform … affected the transition probability to employment. Additionally, we inspect how this effect varies over unemployment duration … raised the transition probability of short-term unemployed. The effect is even higher, the longer the unemployment duration …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …'s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

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 … reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the …