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The Aggregate Effects of the Hartz Reforms in Germany

Hertweck, Matthias Sebastian and Sigrist, Oliver. (2013) The Aggregate Effects of the Hartz Reforms in Germany. WWZ Discussion Papers, 2013 (01). Basel.

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Official URL: http://edoc.unibas.ch/42715/

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Abstract

This paper quantifies the impact of the Hartz reforms on matching efficiency, using monthly SOEP gross worker flows (1983-2009). We show that, until the early 2000s, close to 60% of changes in the unemployment rate are due to changes in the inflow rate (job separation). On the contrary, since the implementation of the reforms in the mid-2000s, the importance of the outflow rate (job finding) has been steadily increasing. This indicates that matching efficiency has improved substantially in recent years. Results from an estimated matching function — pointing to efficiency gains of more than 20% — corroborate this finding.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Wirtschaftstheorie (Berentsen)
12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers
UniBasel Contributors:Hertweck, Matthias S and Sigrist, Oliver
Item Type:Working Paper
Publisher:WWZ
Number of Pages:43
Note:Publication type according to Uni Basel Research Database: Internet publication
Language:English
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Identification Number:
  • handle: RePEc:bsl:wpaper:2013/01
Last Modified:13 Mar 2018 13:54
Deposited On:22 Dec 2017 12:06

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