The Labour Market in Germany: Reforms, Recession and Robustness

Weber, Enzo (2015) The Labour Market in Germany: Reforms, Recession and Robustness. ECONOMIST-NETHERLANDS, 163 (4). pp. 461-472. ISSN 0013-063X, 1572-9982

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Abstract

This article discusses the German labour market development during the Great Recession as well as in the years before and until 2015. Germany's labour market witnessed a strong upswing during the recent decade and performed remarkably well in the Great Recession. Structural reforms before the crisis had improved the functioning of the labour market and initiated a solid upward trend that also helped overcome the crisis. High establishment-level flexibility allowed buffering the severe drop in GDP. While the employment upswing continued until today, critical developments concerned the increase in atypical jobs, weak wage growth and rising inequality.

Item Type: Article
Uncontrolled Keywords: IMPACT; Labour market; Germany; Unemployment; Great Recession; Hartz reforms
Subjects: 300 Social sciences > 330 Economics
Divisions: Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Empirische Wirtschaftsforschung, insbesondere Makroökonomie und Arbeitsmarkt (Prof. Dr. Enzo Weber)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 06 May 2019 07:24
Last Modified: 06 May 2019 07:24
URI: https://pred.uni-regensburg.de/id/eprint/4414

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