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The German Labor Market after the Great Recession: Successful Reforms and Future Challenges
unemployment labor force participation labor supply benefit systems public policy
2012/10/22
The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – wh...
Short-Time Work: The German Answer to the Great Recession
labor market policy partially unemployed workers short-time work compensa tion economic crisis
2012/10/26
Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of s...
What Explains the German Labor Market Miracle in the Great Recession?
unemployment Germany Great Recession short time work working time accounts Hartz reforms extensive vs. intensive employment margin
2012/10/26
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part w...
Job Loss in the Great Recession: Historical Perspective from the Displaced Workers Survey, 1984-2010
displacement job loss unemployment
2012/10/30
The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains...
A Flexicurity Labour Market in the Great Recession: The Case of Denmark
flexicurity employment protection unemployment insurance active labour market policy
2012/10/30
Flexicurity labour markets are characterised by flexible hiring/firing rules, generous social safety net, and active labour market policies. How can such labour markets cope with the consequences of t...
Entrepreneurship, Economic Conditions, and the Great Recession
entrepreneurship great recession unemployment self-employment
2012/10/30
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth,...
This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as ca...
Short-Time Work Benefits Revisited: Some Lessons from the Great Recession
intensive margin short-time
2012/10/31
The Great Recession triggered a resurgence of short-time work (STW) throughout the OECD. Several countries introduced from scratch STW or significantly expanded the scope of the programmes already in ...