The German labor market miracle, 2003-2015: An assessment

Arbeitspapier

This paper reviews the dramatic and widely noted developments in the German labor market in the past decade and surveys the most plausible reasons for these changes. Alternative hypotheses are compared and contrasted. I argue that the labor market reforms associated with the Agenda 2010 - the Hartz reforms - played a role at least as great as that of increasing flexibility of wage determination and the allocation of hours across workers. Until 2010, the German economic miracle could be accounted for by an expansion of part-time work, which has since been supplanted by a sustained expansion of full-time employment. Supported by wage flexibility in this segment, part-time employment represents an important new margin of flexibility in the German labor market.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: SFB 649 Discussion Paper ; No. 2016-005

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Labor Force and Employment, Size, and Structure
• Thema: German labor market miracle ; Hartz reforms ; part-time work ; wage inequality

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Burda, Michael C.
• Ereignis: Veröffentlichung
• (wer): Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
• (wo): Berlin
• (wann): 2016

Weitere Informationen

• Handle: http://hdl.handle.net/10419/146174
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ