Macroeconomic Aspects of Structural Labor Market Reforms in Germany
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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 r
In 2003–05, Germany undertook extensive labor market reforms which were followed by a large and persistent decline in unemployment. Key elements of the reform
This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform proposals for Germany: i) a reduction in
This book presents a selection of contributions on the timely topic of structural reforms in Western economies, written by experts from central banks, the Inter