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This paper reviews the dramatic and widely noted developments in the German labor market in the past decade and surveys the most plausible reasons for these changes. Alternative hypotheses are compared and contrasted. I argue that the labor market reforms associated with the Agenda 2010 – the...
Persistent link: https://www.econbiz.de/10011437903
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...
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Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum …
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have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …
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This paper studies the impact of product and labor market regulations on informality and unemployment in a general … regulations lead to a simultaneous reduction in informality and unemployment. The difference between these two policy options lies …
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increase the unemployment rate. We then discuss a number of policy responses (tax cuts, direct government employment of the … unskilled, employment subsidies to firms for hiring the unskilled, increased generosity of unemployment insurance) under …
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