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This paper reviews the dramatic and widely noted developments in the German labor market in the past decade and surveys the most plausible reasons for these changes. Alternative hypotheses are compared and contrasted. I argue that the labor market reforms associated with the Agenda 2010 – the...
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Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment … traditional government-sponsored short-time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time …
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