Search results for "Market reform"
showing 2 items of 2 documents
Labour market reforms, institutions, and the quality of employment : should we all follow German Hartz model in reforming labour markets?
2015
Underemployment and aging population are major threats for several European economies. This study asks, whether partial labour market reforms, similar to German Hartz reforms, were good choices for other European countries, especially in terms of the quality of employment. Labour market liberalisation effects are assessed from macro-perspective on 25 OECD countries with fixed-effects panel data analysis. The effects for full-time, part-time, temporary, and low-wage employment are analysed separately for both genders, and also on young adults. The results find out strongly a gendered nature of labour market deregulation effects, which give support for dual labour market theory. There appears…
The Employment Effect of Reforming a Public Employment Agency
2015
By how much does an increase in operating effectiveness of a public employment agency (PEA) and a reduction of unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit reduction explains just about 5% of the observed decline. Due to disincentive effects resulting from the reform, the reform of the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long-term unemployed workers.