What Hides Behind the German Labor Market Miracle? PDF Download
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Author: Benjamin Hartung
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 66
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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: Benjamin Hartung
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 66
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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
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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:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Michael C. Burda
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Ulf Rinne
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Niklas Engbom
Publisher:
ISBN: 9781513503332
Category : Electronic books
Languages : en
Pages : 25
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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: David Meskill
Publisher: Berghahn Books
ISBN: 1845456319
Category : History
Languages : en
Pages : 288
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Book Description
"Only unity saves the Serbs" is the famous call for unity in the Serb nationalist doctrine. But even though this doctrine was ideologically adhered to by most of the Serb leaders in Croatia and Bosnia, disunity characterized Serb politics during the Yugoslav disintegration and war. Nationalism was contested and nationalist claims to homogeneity did not reflect the reality of Serb politics. This book provides a comprehensive analysis of Serb politics and challenges widespread assumptions regarding the Yugoslav conflict and war. It finds that although Slobodan Milosevic played a highly significant role, he was not always able to control the local Serb leaders. Moreover, it adds to the emerging evidence of the lack of importance of popular attitudes; hardline dominance was generally based on the control of economic and coercive resources rather than on elites successfully "playing the ethnic card." It moves beyond an assumption of automatic ethnic outbidding and thus contributes toward a better understanding of intra-ethnic rivalry in other cases such as Israel/Palestine, Northern Ireland, Nagorno-Karabakh and Rwanda.
Author: Horst Siebert
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 64
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Author: Michael Krause
Publisher:
ISBN: 9783865587770
Category :
Languages : de
Pages : 0
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Author: Holger Bonin
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
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