The Aggregate Effects of the Hartz Reforms in Germany

Matthias Hertweck and Oliver Sigrist

VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order from Verein für Socialpolitik / German Economic Association

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.

JEL-codes: E24 E32 J64 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (44)

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https://www.econstor.eu/bitstream/10419/79942/1/VfS_2013_pid_119.pdf (application/pdf)

Related works:
Working Paper: The Aggregate Effects of the Hartz Reforms in Germany (2013)
Working Paper: The Aggregate Effects of the Hartz Reforms in Germany (2013)
Working Paper: The Aggregate Effects of the Hartz Reforms in Germany (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc13:79942

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