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The German Labor Market Reforms And Post Unemployment Earnings
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Book Synopsis The German Labor Market Reforms and Post-Unemployment Earnings by : Niklas Engbom
Download or read book The German Labor Market Reforms and Post-Unemployment Earnings written by Niklas Engbom and published by International Monetary Fund. This book was released on 2015-07-17 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Macroeconomic Evaluation of Labor Market Reform in Germany by : Mr.Tom Krebs
Download or read book Macroeconomic Evaluation of Labor Market Reform in Germany written by Mr.Tom Krebs and published by International Monetary Fund. This book was released on 2013-02-13 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Before and After the Hartz Reforms by : Lena Jacobi
Download or read book Before and After the Hartz Reforms written by Lena Jacobi and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Having faced high unemployment rates for more than a decade, the German government implemented a comprehensive set of labour market reforms during the period 2003-2005. This paper describes the economic and institutional context of the German labour market before and after these so-called Hartz reforms. Focussing on active policy measures, we delineate the rationale for reform and its main principles. As results of programme evaluation studies post-reform have become available just now, we give a first assessment of the effectiveness of key elements of German ALMP before and after the Hartz reforms. The evidence indicates that the re-organisation of public employment services was mainly successful, with the exception of the outsourcing of services. Re-designing training programmes seems to have improved their effectiveness, while job creation schemes continue to be detrimental for participants' employment prospects. Wage subsidies and start-up subsidies show significantly positive effects. On balance, therefore, the reform seems to be moving the German labour market in the right direction"--Forschungsinstitut zur Zukunft der Arbeit web site.
Book Synopsis Transitions in the German Labor Market by : Michael U. Krause
Download or read book Transitions in the German Labor Market written by Michael U. Krause and published by . This book was released on 2016 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis What Hides Behind the German Labor Market Miracle? by : Benjamin Hartung
Download or read book What Hides Behind the German Labor Market Miracle? written by Benjamin Hartung and published by . This book was released on 2018 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Employment Policy in Transition by : Regina T. Riphahn
Download or read book Employment Policy in Transition written by Regina T. Riphahn and published by Springer Science & Business Media. This book was released on 2000-10-26 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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?
Book Synopsis The German Labor Market Reforms and Post-Unemployment Earnings by : Niklas Engbom
Download or read book The German Labor Market Reforms and Post-Unemployment Earnings written by Niklas Engbom and published by International Monetary Fund. This book was released on 2015-07-17 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Post-unification German Labor Market by : Holger Bonin
Download or read book The Post-unification German Labor Market written by Holger Bonin and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transitions in the German Labor Market by : Michael Krause
Download or read book Transitions in the German Labor Market written by Michael Krause and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The German Labor Market by : Werner Eichhorst
Download or read book The German Labor Market written by Werner Eichhorst and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Before and After the Hartz Reforms by : Lena Jacobi
Download or read book Before and After the Hartz Reforms written by Lena Jacobi and published by . This book was released on 2006 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Failure of the German Labor Market by : Horst Siebert
Download or read book The Failure of the German Labor Market written by Horst Siebert and published by . This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unemployment and Labor Market Rigidities - Theroy, Empricial Evidence and Recent Labor Market Reforms in Germany by : Denis Drechsler
Download or read book Unemployment and Labor Market Rigidities - Theroy, Empricial Evidence and Recent Labor Market Reforms in Germany written by Denis Drechsler and published by . This book was released on 2004 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Structural Change of the Production Process and Unemployment in Germany by : Axel Schimmelpfennig
Download or read book Structural Change of the Production Process and Unemployment in Germany written by Axel Schimmelpfennig and published by . This book was released on 2000 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of Business in the Development of the Welfare State and Labor Markets in Germany by : Thomas Paster
Download or read book The Role of Business in the Development of the Welfare State and Labor Markets in Germany written by Thomas Paster and published by Routledge. This book was released on 2012-03-22 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the role of employers in the development of welfare state and labour market institutions. Building on an in-depth analysis of Germany, a market economy known to often provide economic benefits to firms, this book explores one of the most contested issues in the comparative and historical literature on the welfare state. In a departure from existing employer-centered explanations, the author applies new empirical data to contend that the variation in acceptance of social reform depends more on changes in the types of political challenges faced by employers, than on changes in the type of institutions considered economically beneficial. Covering major reforms spanning more than a century of institutional development in unemployment insurance, accident insurance, pensions, collective bargaining, and codetermination, this book argues that employers support social policy as a means to contain political outcomes that would have been worse, including labour unrest and more radical reform plans. Using new and controversial findings on the role of employers in welfare state development, this book considers the conditions for a peaceful coexistence of a generous welfare state and the business world. The Role of Business in the Development of the Welfare State and Labor Markets in Germany will be of interest to students and scholars of welfare and social policy politics, political economy and European politics.
Book Synopsis Empirical Analyses of the German Labor Market by : Christoph M. Schmidt
Download or read book Empirical Analyses of the German Labor Market written by Christoph M. Schmidt and published by . This book was released on 1991 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Unbearable Stability of the German Wage Structure by : Eswar Prasad
Download or read book The Unbearable Stability of the German Wage Structure written by Eswar Prasad and published by International Monetary Fund. This book was released on 2000 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this paper is to document the evolution of the German wage structure over the period 1984-97. The paper also investigates the roles of various factors that could have influenced patterns of changes in the wage structure. While a documentation of the evolution of the wage structure in Germany is interesting in its own right, the analysis in this paper, by facilitating comparisons with changes in the wage structures of other industrial countries, could potentially provide important clues to understanding the poor functioning of the German labor market in recent years. In particular, the analysis sheds light on the reasons behind and possible solutions for a particularly troubling problem, the high and rising rate of nonemployment among low-skilled workers.
