The Long-Term Impacts of Vocational Rehabilitation
AbstractThis paper investigates empirically how five different vocational rehabilitation (VR) programs affect the transition rate into employment, the consecutive monthly earnings and the employment duration. VR programs increase the employment probability of the participants, but this effect varies substantially between the different programs. VR programs also lead to more stable jobs while the impact on monthly earnings is of minor magnitude. The costs and revenues of the VR programs are calculated, based on the estimated model. The results of wage subsidies, public education and work training in ordinary firms are noteworthy. The employment effect is clearly the strongest factor relative to the job quality effects, in describing the economic return of the VR programs.
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Bibliographic InfoPaper provided by Oslo University, Department of Economics in its series Memorandum with number 25/2008.
Length: 39 pages
Date of creation: 01 Oct 2008
Date of revision:
Contact details of provider:
Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Phone: 22 85 51 27
Fax: 22 85 50 35
Web page: http://www.oekonomi.uio.no/indexe.html
More information through EDIRC
Vocational rehabilitation; program evaluation; multivariate hazards; costbenefit analysis;
Find related papers by JEL classification:
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- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
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