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
Kohlbrecher, Britta
Merkl, Christian
Gartner, Hermann
Format: Publication
Language: English
Place of publication: Bonn: Institute of Labor Economics (IZA) 01.01.2019
Data of publication: 2019-01-01
Dewey Decimal Classification: 330
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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