EconPapers    
Economics at your fingertips  
 

Is Germany the North Star of Labor Market Policy&quest

Ulf Rinne () and Klaus Zimmermann ()

IMF Economic Review, 2013, vol. 61, issue 4, 702-729

Abstract: Germany’s recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success story makes it a showcase for labor policy and labor market reforms. This paper assesses the potential of the German experience as a model for effective, evidence-based policymaking. Flexible management of working time (through overtime and short-time work, time accounts, and labor hoarding), social cohesion and controlled unit labor costs, combined with a rigid, incentive-oriented labor policy supported by effective program evaluation, define the characteristics of a strong reference model. Austerity, sometimes seen as core to the German model, is not viewed as a key element.

Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (37) Track citations by RSS feed

Downloads: (external link)
http://www.palgrave-journals.com/imfer/journal/v61/n4/pdf/imfer201321a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/imfer/journal/v61/n4/full/imfer201321a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Is Germany the North Star of Labor Market Policy? (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:imfecr:v:61:y:2013:i:4:p:702-729

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41308/PS2

Access Statistics for this article

More articles in IMF Economic Review from Palgrave Macmillan, International Monetary Fund
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-04-13
Handle: RePEc:pal:imfecr:v:61:y:2013:i:4:p:702-729