Etiopathology of Europe's sick man: worker flows in Germany, 1959-2016

"We provide new estimates on worker flow rates in and out of unemployment for Germany covering the last six decades. In the 1980s, Germany emerged as the sick man of Europe with a labor market characterized by persistently high unemployment rates. We attribute a substantial fraction of the rise...

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Main Authors: Hartung, Benjamin, Jung, Philip, Kuhn, Moritz
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2016
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-024312484259-etiopathology-of-europe-s-sick.htm
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author Hartung, Benjamin
Jung, Philip
Kuhn, Moritz
author_facet Hartung, Benjamin
Jung, Philip
Kuhn, Moritz
collection Library items
description "We provide new estimates on worker flow rates in and out of unemployment for Germany covering the last six decades. In the 1980s, Germany emerged as the sick man of Europe with a labor market characterized by persistently high unemployment rates. We attribute a substantial fraction of the rise in unemployment to a dramatic increase in inflow rates compared to the 1960s. Germany's recovery started in the mid-2000s after the Hartz reforms, when inflow rates persistently decreased. Comparing the German and U.S. labor market during recessions uncovers a striking similarity between the recent financial crisis in the U.S. and the German recession in the 1980s. We relate these findings to existing theories on labor market differences between the U.S. and Germany."
format TEXT
geographic Germany
USA
id 024312484259_b8403b3b390b4f53bf5468523594ef90
institution ETUI-European Trade Union Institute
is_hierarchy_id 024312484259_b8403b3b390b4f53bf5468523594ef90
is_hierarchy_title Etiopathology of Europe's sick man: worker flows in Germany, 1959-2016
language English
physical 10 p.
Digital
publishDate 2016
publisher Bonn
IZA
spellingShingle Hartung, Benjamin
Jung, Philip
Kuhn, Moritz
comparison
history
labour force participation
labour market analysis
unemployment
Etiopathology of Europe's sick man: worker flows in Germany, 1959-2016
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=105884692306
title Etiopathology of Europe's sick man: worker flows in Germany, 1959-2016
topic comparison
history
labour force participation
labour market analysis
unemployment
url https://www.labourline.org/KENTIKA-024312484259-etiopathology-of-europe-s-sick.htm