Publikation:

The Aggregate Effects of the Hartz Reforms in Germany

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hertweck_211398.pdf
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Datum

2012

Autor:innen

Sigrist, Oliver

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http://nbn-resolving.de/urn:nbn:de:bsz:352-211398
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Working Paper/Technical Report
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Zusammenfassung

This paper quantifies the impact of the Hartz reforms on matching efficiency, using monthly SOEP gross worker flows (1983-2009). We show that, until the early 2000s, close to 60% of changes in the unemployment rate are due to changes in the inflow rate (job separation). On the contrary, since the implementation of the reforms in the mid-2000s, the importance of the outflow rate (job finding) has been steadily increasing. This indicates that matching efficiency has improved substantially in recent years. Results from an estimated matching function - pointing to efficiency gains of more than 20% - corroborate this finding.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

Schlagwörter

SOEP gross worker flows, Hartz reforms, matching efficiency, unemployment fluctuations

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ISO 690HERTWECK, Matthias Sebastian, Oliver SIGRIST, 2012. The Aggregate Effects of the Hartz Reforms in Germany
BibTex
@techreport{Hertweck2012Aggre-21139,
  year={2012},
  series={Working Paper Series / Department of Economics},
  title={The Aggregate Effects of the Hartz Reforms in Germany},
  number={2012-38},
  author={Hertweck, Matthias Sebastian and Sigrist, Oliver},
  note={http://www.wiwi.uni-konstanz.de/workingpaperseries/WP_Hertweck-Sigrist_38-12.pdf}
}
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http://www.wiwi.uni-konstanz.de/workingpaperseries/WP_Hertweck-Sigrist_38-12.pdf
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