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E-book
Author Engbom, Niklas, author

Title The German labor market reforms and post-unemployment earnings / Niklas Engbom ; Enrica Detragiache ; Faezeh Raei
Published [Washington, D.C] : International Monetary Fund, European Department, 2015

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Description 1 online resource (26 pages)
Series IMF working paper ; WP/15/162
IMF working paper ; WP/15/162.
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
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
Unemployment -- Germany
Social security -- Germany
Labor market
Social security
Unemployment
Germany
Form Electronic book
Author Detragiache, Enrica, author.
Raei, Faezeh, author.
International Monetary Fund. European Department.
ISBN 1513531255
9781513531250
1513503332
9781513503332
1513564595
9781513564593
ISSN 1018-5941