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Labor Market Reforms and the Great Recession

  • Zimmermann, Klaus F.

    ()

    (IZA and University of Bonn)

Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the Great Recession. This paper assesses the role of the labor market reforms for the latter development. Against this background, general lessons are drawn from the German experience that include, for example, placing a greater emphasis on work incentives, individual responsibility and flexibility in combination with a solid level of social cohesion. Although it is clear that there is no one-size-fits-all solution, models and approaches that are developed for a specific country context can draw upon a number of features of the German model.

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File URL: http://ftp.iza.org/pp75.pdf
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Policy Papers with number 75.

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Length: 15 pages
Date of creation: Dec 2013
Date of revision:
Handle: RePEc:iza:izapps:pp75
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  1. Brenke, Karl & Rinne, Ulf & Zimmermann, Klaus F., 2011. "Short-Time Work: The German Answer to the Great Recession," IZA Discussion Papers 5780, Institute for the Study of Labor (IZA).
  2. Eichhorst, Werner & Zimmermann, Klaus F, 2007. "And Then There Were Four... How Many (and Which) Measures of Active Labour Market Policy Do We Still Need?," CEPR Discussion Papers 6246, C.E.P.R. Discussion Papers.
  3. Pierre Cahuc & Stéphane Carcillo & Ulf Rinne & Klaus F. Zimmermann, 2013. "Youth Unemployment in Old Europe: The Polar Cases of France and Germany," Sciences Po publications info:hdl:2441/7k0plsobem9, Sciences Po.
  4. Rinne, Ulf & Zimmermann, Klaus F., 2011. "Another Economic Miracle? The German Labor Market and the Great Recession," IZA Discussion Papers 6250, Institute for the Study of Labor (IZA).
  5. Karl Brenke & Kai-Uwe Müller, 2013. "Gesetzlicher Mindestlohn: kein verteilungspolitisches Allheilmittel," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 80(39), pages 3-17.
  6. Ulf Rinne & Klaus F Zimmermann, 2013. "Is Germany the North Star of Labor Market Policy?," IMF Economic Review, Palgrave Macmillan, vol. 61(4), pages 702-729, December.
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