Fig. 2From: The evolution of job stability and wages after the implementation of the Hartz reformsDie Entwicklung von Beschäftigungsstabilität und Löhnen seit Einführung der Hartz-ReformenHiring and Separation Rates over the Business Cycle (Source: Quarterly hiring rate [hirings(t)/employment(t-1)] and separation rate [separations(t)/employment (t-1)] are calculated using official data of the German Federal Employment Agency. GDP is provided by the Federal Statistical Office)Back to article page