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Hartz IV: The Solution to the Unemployment Problems in the Eurozone?

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  • Peter Bofinger

    (Universität Würzburg)

Abstract

The Hartz IV reforms are consistently regarded as a successful German model for the reduction of structural unemployment. Is it therefore appropriate to advise other member states of the European monetary union to carry out similar reforms? This paper strongly disagrees, arguing that the reduction in unemployment in Germany since 2005 is mainly due to cyclical factors and to the petering out of the negative employment effects caused by the economic transformation after German unification.

Suggested Citation

  • Peter Bofinger, 2017. "Hartz IV: The Solution to the Unemployment Problems in the Eurozone?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 52(6), pages 353-357, November.
    • Handle: RePEc:spr:intere:v:52:y:2017:i:6:d:10.1007_s10272-017-0703-6
    DOI: 10.1007/s10272-017-0703-6
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    Cited by:

    1. Sonja Avlijas & Anke Hassel & Bruno Palier, 2021. "Growth Strategies and Welfare Reforms in Europe," Post-Print hal-03380958, HAL.

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