• Media type: Report; E-Book
  • Title: Unemployment Benefit and Wages: The Impact of the Labor Market Reform in Germany on (Reservation) Wages
  • Contributor: Arent, Stefan [Author]; Nagl, Wolfgang [Author]
  • Published: Munich: ifo Institute - Leibniz Institute for Economic Research at the University of Munich, 2011
  • Language: English
  • Keywords: J64 ; J65 ; Deutschland ; reservation wages ; wages ; Anspruchslohn ; Lohn ; Hartz-Reform ; Arbeitslosenversicherung ; Unemployment benefit
  • Origination:
  • Footnote: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Description: In this paper, we contribute to the literature on the impact of the unemployment benefit on (reservation) wages. We use the German BA-Employment Panel (2008) to identify the effect of a reduced unemployment benefit due to the labor market reform of 2005 in Germany. Using this unique experiment, we find strong evidence that a lower unemployment benefit has an adverse effect on wages.
  • Access State: Open Access