Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/91760
Authors: 
Zimmermann, Klaus F.
Year of Publication: 
2013
Series/Report no.: 
IZA Policy Paper 75
Abstract: 
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.
Subjects: 
economic crisis
Germany
short-time work
unemployment
labor market institutions
internal flexibility
JEL: 
J21
J68
P52
O57
Document Type: 
Working Paper

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