Реформа немецкого рынка труда: особый случай или пример для подражания?
The Labour Market Reform in Germany: a Special Case or an Example to Follow? In this article we study the institutional reform of the German labour market during the period 2003-2005, the so-called Hartz reforms. The aim of this paper is threefold. First, we describe the economic and institutional context of the German labour market before the Hartz reforms in light of general trends in market economies. The falling competitiveness of the German economy, the need to increase the flexibility and dynamics of the labor market have made the ruling elite to proceed with institutional transformations. Second, we analyze the theoretical concepts that became the basis for the labour market reform and examine the changes in the main labour market institutions. Finally, we evaluate the outcomes of the institutional reforms for economic activity, employment, unemployment and labour costs. Of major interest is the question about the impact of the Hartz reforms on internal flexibility. In this work we rely on the institutional analysis. Results of the study contribute to the understanding of the mechanism of labour market transformations. At the same time its main conclusions can be used for improving the economic and social policy in the Russian Federation. We came to the following conclusions. We have found the positive impact of the changes in labour market institutions on labour market outcomes: especially on the dynamics of economic activity and employment. The Hartz reforms fundamentally modified the functioning of the German labor market and increased both flexibility and job creation capacities. However, the pattern of German de-regulatory reforms accesses mostly the margins of the labour market, i.e. ‘outsiders’, that contribute to a growing dualisation of the employment system. This dualisation trend was reinforced by dynamics in industrial relations and company employment practices where we can observe growing reliance on mechanisms of internal flexibility for the skilled core work force and increasing use of non-standard types of employment in less specifically skilled occupations.
According to the common definition of unemployment, the unemployed are those who are not in paid employment or self-employment, are seeking work and are available for work. А job search model is estimated from a sample of the unemployed and from some extended samples of the jobless, obtained by loosening that definition gradually. Revealed similarities and differences constitute the result of the research.
Export is not the only driver of growth that helped German economy to revive fast after the Great Recession 2008-09. As important was the package of reforms Agenda 2010 aimed at liberalization of labour market. It made employment relations more flexible inter alia by deregulation of non-standard employment. Atypical forms of employment facilitate labour market entry for recruits and long-term unemployed, they increase the scope of flexibility for both employees and business and help employers to satisfy the fluctuating labour demand. The spread of atypical employment relationship strongly contributed to German employment boom, so called “Jobwunder”, and currently Germany shows a record level of employment and quite low unemployment rate. At the same time atypical employment may cause an increase in various social risks, low-wage jobs explosion and precarisation. Still, it would be misleading to identify precarious work and non-standard employment because of the heterogeneity of the latter.
This paper gives an overview of specific features of the atypical employment in Germany, deals with its development dynamics and evaluates negative and positive effects on labour market.
Business Studies practice listening tasks which are based on authentic sources, specially designed for the English state exam of the 4th year Public Administration students.
Job plays one of the most important roles in every day life. It is even more important to have stable job with regular payment. Many developed and developing countries have been watching a constant decline of stable jobs during the last 20 years.
The first reasons for job stability growth/decline are economic changes and institutional background. Both Russia and East Germany experienced transformational processes to the market economy in the beginning of 1990s; great work reallocation has been a key concern for both countries throughout the early 90s as well as new setting of the institutional background. The two countries had much in common before the reforms started: they both were planned economies with almost 100% employment, stable work places and rigid mobility. Nevertheless each of them went its own way through all the changes.
In this paper the public-private wage gap is estimated by means both of the OLS and the quantile regression, which will provide a more complex picture of the distribution of the public-private sector wage gap. The author finds the existence of significant public-private wage gap (about 30%) considering both observable and unobservable characteristics of workers and jobs. Using the decomposition based on quantile regression helps to answer the question about the nature of the wage differences. The author comes to the conclusion that the main reason for the gap is the institutional mechanisms of public sector wages in Russia. The analysis is based on the data from Russian Longitudinal Monitoring Survey (RLMS-HSE) 2000-2010.
Youth unemployment is at present a crucial issue in the EU policy agenda, as well as in the agenda of other developed and developing countries. The economic crisis, which began in mid-2008, has had severe effects on EU and Eastern Europe labour markets and especially on young people. The key aim of this introductive chapter is to review and present the contributions included in the book, that is the upshot of the EU IRSES project “The political economy of youth unemployment”. It also summarizes the most relevant articles already published by the authors involved in the EU project.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.