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Author: Regina T. Riphahn Publisher: Springer Science & Business Media ISBN: 3642565603 Category : Business & Economics Languages : en Pages : 309
Book Description
A historically unique experiment is about to enter its second decade - German unification. Early hopes for a rapid and smooth economic transformation soon turned out to be overly optimistic. Despite massive financial transfers, the political promise of a "blooming landscape" remains a vision. Actual developments have left deep scars on the labor market, and the effects will be felt for decades to come. Was this outcome to be expected, perhaps even inevitable? What went wrong, and what were the available options? Or is the current state of Eastern German labor market in fact better than is commonly assumed?
Author: Regina T. Riphahn Publisher: Springer Science & Business Media ISBN: 3642565603 Category : Business & Economics Languages : en Pages : 309
Book Description
A historically unique experiment is about to enter its second decade - German unification. Early hopes for a rapid and smooth economic transformation soon turned out to be overly optimistic. Despite massive financial transfers, the political promise of a "blooming landscape" remains a vision. Actual developments have left deep scars on the labor market, and the effects will be felt for decades to come. Was this outcome to be expected, perhaps even inevitable? What went wrong, and what were the available options? Or is the current state of Eastern German labor market in fact better than is commonly assumed?
Author: Michael U. Krause Publisher: ISBN: Category : Languages : en Pages : 60
Book Description
Since the so-called Hartz IV reforms around 2005 and during the global crisis of 2008/2009, the German labor market featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the role of structural and cyclical policies for this performance. Calibrating unemployment benefits to approximate legislation before and after the reforms, we find a large reduction in unemployment and its duration, with the transition concluding after about three years. During the crisis, the extended use of short-time labor subsidies that prevent jobs from being destroyed is likely to have prevented strong increases in unemployment.
Author: Niklas Engbom Publisher: International Monetary Fund ISBN: 1513531255 Category : Business & Economics Languages : en Pages : 26
Book Description
In 2003–05, Germany undertook extensive labor market reforms which were followed by a large and persistent decline in unemployment. Key elements of the reforms were a drastic cut in benefits for the long-term unemployed and tighter job search and acceptance obligations. Using a large confidential data set from the German social security administration, we find that the reforms were associated with a fall in the earnings of workers returning to work from short-term unemployment relative to workers in long-term employment of about 10 percent. We interpret this as evidence that the reforms strengthened incentives to return to work but, in doing so, they adversely affected post re-entry earnings.
Author: Mr.Tom Krebs Publisher: International Monetary Fund ISBN: 1616350105 Category : Business & Economics Languages : en Pages : 42
Book Description
In 2005 the German government implemented the so-called Hartz IV reform, which amounted to a complete overhaul of the German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare effects of the Hartz IV reform. We calibrate the model economy to German data before the reform and then use the calibrated model economy to simulate the effects of Hartz IV. In our baseline calibration, we find that the reform has reduced the long-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases, but the welfare of unemployed households decreases even with moderate degree of risk aversion.
Author: Al Rainnie Publisher: Routledge ISBN: 1134534973 Category : Business & Economics Languages : en Pages : 289
Book Description
Since the late 1980s the experiences of work and employment in the former communist world have been profoundly transformed. Work, Employment and Transition brings together a series of essays by leading international scholars which highlights the varied and complex forms that work and employment restructuring are taking in the post-soviet world, and makes important theoretical contributions to our understanding of these transformations.
Author: Regina T. Riphahn
Author: Regina T. Riphahn
Author: Michael Krause
Author: Michael U. Krause
Author: Niklas Engbom
Author: Lutz Bellmann
Author: Corinne Nativel
Author: 
Author: Mr.Tom Krebs
Author: Al Rainnie
Author: Henning Klodt