Arbeitspapier
Macroeconomic aspects of structural labor market reforms in Germany
Using a newly constructed macroeconometric model for Germany and the rest of the Euro area, we investigate the macroeconomic effects of structural labor market reforms in Germany. We find that neither the fact that Germany can no longer pursue an independent monetary policy nor the possibility that other countries in the Euro area might react to reforms in Germany by implementing labor market reforms themselves constitute impediments to successful reforms. Reforms would relative quickly bring down unemployment and increase GDP significantly. Even former labor market "insiders" would gain as net wages increase due to falling unemployment insurance contributions.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1295
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
Macroeconometric model
Germany
Euro area
Labor market reforms
Arbeitsmarktpolitik
Reform
Arbeitsmarktflexibilisierung
Wirtschaftspolitische Wirkungsanalyse
Beschäftigungseffekt
Schätzung
Europäische Wirtschafts- und Währungsunion
Theorie
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dovern, Jonas
Meier, Carsten-Patrick
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dovern, Jonas
- Meier, Carsten-Patrick
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2006
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