Seminar Topic: Hartz-Reforms and the Consequences for the German Labour Market - A Macroeconomic Evaluation Ten Years Later
Presenter: Peter Haller Peter Haller is a PhD student at the University of Regensburg (Germany) and Researcher at the German Federal Institute for Employment Research in Nuremberg.
Venue: IERI, 159 Nana Sita Street, Pretoria, 0001
Date: 10 March 2015
Time: 11h30-12h30
Today Germany is seen as a strong economy with a prosperous labour market. However, in the late 1990s Germany was named the ‘sick man of Europe’, because of high unemployment and low economic growth. That is why in 2003 the German government initiated the so called ‘Agenda 2010’. The goal was to foster Germany’s prosperity in general and the labour market in specific. Main parts of the agenda were the ‘Hartz-reforms’ aimed at the labour market. The new principle of demanding and supporting the job searchers had far-reaching consequences. Although major improvements in different labour market outcomes occurred, we find a growing wage inequality and rising atypical employment. After more than ten years, we can evaluate this reform from a macroeconomic perspective.
Kindly RSVP by Friday 06 March 2015
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