Hartz IV and the decline of German unemployment

a macroeconomic evaluation

This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium effec...

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Bibliographic details
Main Author: Hochmuth, Brigitte
Format: Publication
Language: English
Place of publication: Bonn, Germany IZA - Institute of Labor Economics 2019
Data of publication: 2019
Series: Discussion paper series
Online Access: available in Bonn?
Database: ECONIS
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