Revisiting German labour market reform effects
Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
IAB - Nürnberg
2015
47 p.
economic recession ; labour market reform ; productivity
IAB-Discussion Paper
02
Labour market
English
Bibliogr.
"There is an ongoing discussion that centres on the German labour market reforms (2003- 2005) and the role of these reforms in boosting the German economy. Considering that one of the main objectives of the reforms was to improve the matching process on the labour market, I use rich, high-frequency, and recent administrative panel data to present new details regarding the development of job-matching performance before and after the reform years. The results show that matching productivity increased during all reform stages and slightly deteriorated in 2009 (the year of the financial crisis), even after controlling for the recession. Furthermore, increases in matching productivity have become smaller in recent years. Beyond these findings, the results show detailed differences in the changes in matching productivity on occupational labour markets."
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