Author: Benjamin Hartung Publisher: ISBN: Category : Labor economics Languages : en Pages : 66
Book Description
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor market dynamics. We revisit this old question studying the German Hartz reforms. On average, lower separation rates explain 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates. The reduction in separation rates is heterogeneous, with long-term employed, high-wage workers being most affected. We causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor market search model. Absent the reform, unemployment rates would be 50% higher today.
Author: Michael C. Burda Publisher: ISBN: Category : Economics Languages : en Pages : 37
Book Description
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 percent may be explained by wage moderation. A third important element was the widespread adoption of working time accounts, which permit employers to avoid overtime pay if hours per worker average to standard hours over a window of time. We find that this provided disincentives for employers to lay off workers in the downturn. Although the overall cuts in hours per worker were consistent with the severity of the Great Recession, reduction of working time account balances substituted for traditional government-sponsored short-time work.
Author: Niklas Engbom Publisher: ISBN: 9781513503332 Category : Electronic books Languages : en Pages : 25
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 streng.
Author: Hartmut Berghoff Publisher: Cambridge University Press ISBN: 1107030137 Category : Business & Economics Languages : en Pages : 261
Book Description
The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.
Author: Young-sun Hong Publisher: Cambridge University Press ISBN: 1107095573 Category : History Languages : en Pages : 445
Book Description
This book examines global humanitarian efforts involving the two German states and Third World liberation movements during the Cold War.
Author: Benjamin Hartung
Author: Michael C. Burda
Author: 
Author: Michael C. Burda
Author: Ulf Rinne
Author: Niklas Engbom
Author: Michael Krause
Author: Timo Walter
Author: Hartmut Berghoff
Author: Young-sun Hong