Macroeconometric evaluation of active labour market policies in Austria
AbstractThe analysis of active labour market policies (ALMP) at the macroeconomic level measures net effects on labour market outcomes. These net effects consist of direct treatment effects on participants as well as indirect effects on non-participants and on the economy as a whole, e.g. deadweight, substitution and displacement effects. This paper contributes to the empirical studies of macroeconometric evaluation of ALMP by considering the regional effects on both the matching process and the job-seeker rate. This joint view permits us to draw conclusions on how ALMP achieves the goals set by policy makers. To this end, we use an exclusive data set on Austrian job-seekers in the years 2001 to 2007 and employ contemporaneous GMM and quasi-ML estimators to take into account both the simultaneity of ALMP and spatial interrelations between employment office districts. The empirical results indicate that a large number of participants in job schemes in the non-profit sector, wage subsidies, and apprenticeships cause particularly favourable effects on the regional matching function and the job-seeker rate.
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Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa11p114.
Date of creation: Sep 2011
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- Dauth, Wolfgang & Hujer, Reinhard & Wolf, Katja, 2010. "Macroeconometric Evaluation of Active Labour Market Policies in Austria," IZA Discussion Papers 5217, Institute for the Study of Labor (IZA).
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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- Stops, Michael, 2012. "Job matching across occupational labour markets," IAB Discussion Paper 201227, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
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ERSA conference papers
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- Stops, Michael, 2011. "Job Matching on non-separated Occupational Labour Markets," Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 49161, Verein für Socialpolitik / German Economic Association.
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