Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171187
Authors: 
Schneider, Hilmar
Rinne, Ulf
Year of Publication: 
2017
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2017 [Issue:] 379
Abstract: 
The EU’s largest economy, Germany, has managed to find an effective and unique combination of flexibility and rigidity in its labor market. Institutions that typically characterize rigid labor markets are effectively balanced by flexibility instruments. Important developments since 2000 include steadily decreasing unemployment rates (since 2005), increasing participation rates, and (since 2011) moderately increasing labor compensation. The German labor market has also been remarkably robust to the impacts of the Great Recession, thus providing a useful case study for other developed countries.
Subjects: 
wages
unemployment
Germany
vocational training
regulation
JEL: 
E23
M53
Persistent Identifier of the first edition: 
Document Type: 
Article

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