Beschreibung

"About 15 years ago, Germany implemented the Hartz labor market reforms. Since then German unemployment has dropped substantially (see Figure 1). The most controversial reform step was the so-called 'Hartz IV' reform that reduced unemployment benefits for long-term unemployed. While macroeconomists agree that Hartz IV has reduced unemployment, there is no agreement by how much." (Text excerpt, IAB-Doku) ((en))