The German Labor Market Reforms and Post-Unemployment Earnings /

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 da...

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Hlavní autor: Engbom, Niklas
Další autoři: Detragiache, Enrica, Raei, Faezeh
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2015.
Edice:IMF Working Papers; Working Paper ; No. 2015/162
On-line přístup:Full text available on IMF
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245 1 4 |a The German Labor Market Reforms and Post-Unemployment Earnings /  |c Niklas Engbom, Enrica Detragiache, Faezeh Raei. 
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520 3 |a 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. 
538 |a Mode of access: Internet 
700 1 |a Detragiache, Enrica. 
700 1 |a Raei, Faezeh. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2015/162 
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