Arbeitspapier
(Spillover) Effects of Labour Market Reforms in Germany and France
In this paper we analyze the (potential) effects of labour market and fiscal policy reforms by heterogeneous European countries—Germany and France—on the domestic and foreign economy. We test the implications of the gains in matching efficiency and reduced unemployment benefits induced by the German Hartz reforms in a two-country RBC model with frictions in the labour market, which replicates the data quite well. We then explore the reform possibilities in the French labour market and their potential (inter)national effects by calibrating the model to recent data. Both home and foreign economies benefit from labour market reforms in the home economy in our framework.
- Language
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Englisch
- Bibliographic citation
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Series: WWWforEurope Working Paper ; No. 8
- Classification
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Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Policy Objectives; Policy Designs and Consistency; Policy Coordination
Studies of Particular Policy Episodes
International Policy Coordination and Transmission
Wages, Compensation, and Labor Costs: Public Policy
Labor Turnover; Vacancies; Layoffs
- Subject
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Labour market reforms
search and matching
dynamic stochastic general equilibrium models
- Event
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Geistige Schöpfung
- (who)
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Busl, Claudia
Seymen, Atilim
- Event
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Veröffentlichung
- (who)
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WWWforEurope
- (where)
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Vienna
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Busl, Claudia
- Seymen, Atilim
- WWWforEurope
Time of origin
- 2013
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