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, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium effect. We...

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Bibliographic details
Main Author: Hochmuth, Brigitte
Format: Publication
Language: English
Place of publication: Munich, Germany CESifo, Center for Economic Studies & Ifo Institute 2021
Data of publication: 2021
Series: CESifo working paper
Online Access: available in Bonn?
Database: ECONIS
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