Author: Reinhard Hujer
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
Macroeconometric Evaluation of Active Labour Market Policies in Germany
Author: Reinhard Hujer
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
Macroeconometric Evaluation of Active Labour Market Policies in Germany : a Dynamic Panel Approach Using Regional Data
Author: Reinhard Hujer
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Macroeconomic Evaluation of Labor Market Reform in Germany
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.
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.
Evaluation of Active Labour Market Policy
Author: Reinhard Hujer
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Book Description
Labour Market Policy and Unemployment
Author: Jaap Koning
Publisher: Edward Elgar Publishing
ISBN: 9781781009963
Category : Political Science
Languages : en
Pages : 342
Book Description
This book examines the effectiveness of active labour market policies and their contribution to the prevention of social exclusion. The evaluation studies reported in this volume focus on two aspects of active labour market policies that have been relatively neglected in previous research and merit special attention. The first part of the book deals with aggregate impact analysis. Using examples from France, Germany, The Netherlands and Spain, the contributors attempt to estimate the impact of active labour market policies on the transition from unemployment to employment using aggregate data at the regional level. Although quantitative in nature, these contributions take into account qualitative aspects such as the socio-economic context of the countries concerned and the structure of active labour market policies. The book then focuses on implementation issues and includes implementation studies carried out in Germany, The Netherlands and Sweden. The qualitative element plays a far more important role in these contributions which rely on case studies and surveys in addition to statistical data.
Publisher: Edward Elgar Publishing
ISBN: 9781781009963
Category : Political Science
Languages : en
Pages : 342
Book Description
This book examines the effectiveness of active labour market policies and their contribution to the prevention of social exclusion. The evaluation studies reported in this volume focus on two aspects of active labour market policies that have been relatively neglected in previous research and merit special attention. The first part of the book deals with aggregate impact analysis. Using examples from France, Germany, The Netherlands and Spain, the contributors attempt to estimate the impact of active labour market policies on the transition from unemployment to employment using aggregate data at the regional level. Although quantitative in nature, these contributions take into account qualitative aspects such as the socio-economic context of the countries concerned and the structure of active labour market policies. The book then focuses on implementation issues and includes implementation studies carried out in Germany, The Netherlands and Sweden. The qualitative element plays a far more important role in these contributions which rely on case studies and surveys in addition to statistical data.
Active Labor Market Policies in Europe
Author: Jochen Kluve
Publisher: Springer Science & Business Media
ISBN: 3540485589
Category : Business & Economics
Languages : en
Pages : 223
Book Description
Measures of Active Labor Market Policy - such as training, wage subsidies, public employment measures, and job search assistance - are widely used in European countries to combat unemployment. This study provides novel insight on this important policy issue by discussing the role of the European Commission's Employment Strategy, reviewing the experiences made in European states, and giving the first ever quantitative assessment of the existing cross-country evidence.
Publisher: Springer Science & Business Media
ISBN: 3540485589
Category : Business & Economics
Languages : en
Pages : 223
Book Description
Measures of Active Labor Market Policy - such as training, wage subsidies, public employment measures, and job search assistance - are widely used in European countries to combat unemployment. This study provides novel insight on this important policy issue by discussing the role of the European Commission's Employment Strategy, reviewing the experiences made in European states, and giving the first ever quantitative assessment of the existing cross-country evidence.
Policies Towards Full Employment
Author: OECD
Publisher: OECD Publishing
ISBN: 9264181636
Category :
Languages : en
Pages : 223
Book Description
This book presents the proceedings of a conference on labour markets. It advances thinking on new policy measures, such as active labour market policies and measures to "make work pay".
Publisher: OECD Publishing
ISBN: 9264181636
Category :
Languages : en
Pages : 223
Book Description
This book presents the proceedings of a conference on labour markets. It advances thinking on new policy measures, such as active labour market policies and measures to "make work pay".
Macroeconometric Evaluation of Active Labour Market Policies in Austria
Author: Wolfgang Dauth
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Growth and Cohesion in the European Union
Author: William Mitchell
Publisher: Edward Elgar Publishing
ISBN: 9781781956366
Category : Business & Economics
Languages : en
Pages : 280
Book Description
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.
Publisher: Edward Elgar Publishing
ISBN: 9781781956366
Category : Business & Economics
Languages : en
Pages : 280
Book Description
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.
Do Active Labor Market Policies Increase Employment?
Author: Mr.Marcello M. Estevão
Publisher: International Monetary Fund
ISBN: 1451875649
Category : Business & Economics
Languages : en
Pages : 31
Book Description
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
Publisher: International Monetary Fund
ISBN: 1451875649
Category : Business & Economics
Languages : en
Pages : 31
Book Description
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.