Description |
1 online resource (26 pages) |
Series |
IMF working paper ; WP/15/162 |
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IMF working paper ; WP/15/162.
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Contents |
Cover; Contents; I. Introduction; Figures; 1. Unemployment Rate in G7 Countries; II. Background; A. The Rise and Fall in Germany's Unemployment; 2. Normalized Earnings of Workers in Stable Employed and Displaced Workers; 3. Unemployment Rate and GDP Growth; 4. Compensation per Employee; B. The Hartz Reform Package; 5. Net Replacement Rates for Short- and Long-Term Unemployment in Germany and the OECD; Tables; 1. Brief Description of Hartz Reforms in Germany; III. Data and Empirical Strategy; A. Data; B. Sample Selection and Variable Definitions |
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C.A Regression Framework to Identify the Impact of the Reforms on EarningsIV. Results; A. Summary Statistics; B. The Impact of the Reforms on Earnings; 2. Summary Statistics Before and After the Reforms; 3. Earnings Regression; 4. Robustness Earnings Regression; V. Conclusion; 6. Temporary Work in Total Employment; References |
Summary |
"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, the authors 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. They interpret this as evidence that the reforms strengthened incentives to return to work but, in doing so, they adversely affected post re-entry earnings."--Abstract |
Notes |
"July 2015." |
Subject |
Labor market -- Germany
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Unemployment -- Germany
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Social security -- Germany
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Labor market
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Social security
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Unemployment
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Germany
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Form |
Electronic book
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Author |
Detragiache, Enrica, author.
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Raei, Faezeh, author.
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International Monetary Fund. European Department.
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ISBN |
1513531255 |
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9781513531250 |
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1513503332 |
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9781513503332 |
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1513564595 |
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9781513564593 |
ISSN |
1018-5941 |
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