The Effect of the Hartz Reforms on Labor Selection over the Business Cycle
Project duration: 31.05.2015 to 30.12.2019
Abstract
This project evaluates the macroeconomic effects of the Hartz IV reform in Germany based on the selectiveness of firms. With lower unemployment compensation, a larger share of applicants obtains a job due to lower (reservation) wages, i.e. firms become less selective. We quantify this effect based on the IAB Job Vacancy Survey and run counterfactual simulations in a search and matching model with selection, which is calibrated to this dataset. Our approach circumvents several Problems of existing studies on the Hartz reforms.
Management
31.05.2015 - 30.12.2019
Brigitte
Hochmuth
31.05.2015 - 30.12.2019
Employee
Britta
Kohlbrecher
31.05.2015 - 30.12.2019
Christian
Merkl
31.05.2015 - 30.12.2019