Effectiveness of the Public Work Program in Slovenia
AbstractThis paper evaluates the direct effects of the Slovenian public work program on the youth. The effectiveness of the program is measured by re-employment probability. A Heckman correction of selection is applied to estimate the average program effects. The Heckman selection estimator is an extensively used method to control for selection on unobserved variables. It relies on the assumption that a specific distribution of the unobservable characteristics jointly influences participation and outcome. The results of the empirical study indicate that the public work program has a positive effect on employment in the short run. In the long run, however, the results are not so obvious.
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Bibliographic InfoArticle provided by University of Primorska, Faculty of Management Koper in its journal Managing Global Transitions.
Volume (Year): 9 (2011)
Issue (Month): 3 ()
Find related papers by JEL classification:
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy
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