The `German job miracle' and its impact on income inequality

Wealth Accumulation, On-the-Job Search and Inequality

Lentz and Tranaes (2005) and Lentz (2009) analyze the optimal unemployment insurance when wealth affects unemployed workers' search effort. Since these models ...

Wirtschaftswunder: A Macroeconomic Study of Germany | Lux et Fides

3Gregory Gethard, “The German Economic Miracle,” Investopedia, accessed December 7, 2022, ... In terms of income inequality, Germany's inequality ...

Dark side of Germany's jobs miracle - Deccan Herald

Wage restraint and labour market reforms have pushed the jobless rate down to a 20-year low, and the German model is often cited as an example ...

Employment 'Miracles' - OAPEN Library

Employment 'Miracles' comparatively analyses select miracle economies. The contributors to the volume critically analyze how the small size and institutional ...

Germany's Would-Be Leader Touts His Recipe for a Growth Miracle

Regarding the most controversial pillars of Germany's economic framework, Merz — a fiscal conservative — has signaled openness to creating an ...

Wealth and its Distribution in Germany, 1895-2018

For instance, to account for the effect of border changes after World War I on the German wealth distribution, we calcu- late counterfactual ...

Understanding West German Economic Growth in the 1950s - LSE

Temin finds that the larger a country's share of employment in agriculture – his proxy for delayed structural change – the faster its growth. West Germany is ...

What Accounts for the German Labor Market Miracle? A Structural ...

In its recent past, the German economy has experienced a labor market miracle:Footnote 1 The unemployment rate, having trended upwards since ...

Reevaluating the German labor market miracle - OUCI

This “labor market miracle” was marked by a persistent and significant expansion of both part-time and low-wage jobs and a deterioration in pay for these jobs, ...

The Hartz Reforms, the German Miracle, and the Reallocation Puzzle

period, to maximize the expected value of their income ... have an impact on the workers' possibilities to reallocate across occupations.

Why a Labour Market Boom Does Not Necessarily Bring Down ...

After an economically tough start into the new millennium, Germany experienced an unprecedented employment boom after 2005 only stopped by ...

The German jobs miracle (and German data bleg) - TheMoneyIllusion

“Recessions are not caused by less spending; they are caused by less income going to workers. Usually the two go hand-in-hand, but the German miracle tells us ...

Economy of Nazi Germany - Wikipedia

Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street Crash of ...

A Closer Look at the German Labor Market 'Miracle'

United States, its effect on unemployment in Germany was surprisingly mild ... The Hartz reforms leave untouched the system of wage negotiations, in which labor ...

What the German economic model can teach Emmanuel Macron

The Hartz reforms overhauled job training and placement programmes and reduced barriers to part-time work. Most important, they transformed a ...

West German Growth and Institutions, 1945-90

Popular perceptions of West German economic growth are polarized: either it is the miracle economy of the post-war era, the 'strong-man' of Europe or it is a ...

The German job miracle: an interview with IAB Director Joachim Möller

From “the sick man of Europe” to the “German job miracle”: the German labour market has been performing extraordinarily well since 2005.

Increasing Wage Inequality in Germany

Their evidence supports the polarization hypothesis for employment, but not for wages. Figure 2: Indexed development of real wages. Source: Own calculations ...

The End of the German Miracle - jstor

Curiously the authors explicitly exclude eco- nomic historians from their readership and in- vite the interest of applied economists; let no student of economic ...

The German Labor Market during the Great Recession: Shocks and ...

Consequently, the probability of unemployed workers to find a job goes down, while the probability of employed workers to lose their job goes up. Both effects ...