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‘Beautiful Serbia’ - objective and subjective outcomes of active labour market policy in a transition economy

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  • Holger Bonin
  • Ulf Rinne

Abstract

The paper studies the causal impact of participation in an active labor market program – the ‘Beautiful Serbia’ program providing training and temporary work in the construction sector in Serbia and Montenegro – on measures of subjective well-being approximating individual welfare. According to our estimates, the positive impact of this particular program appears much stronger judged by subjective well-being than judged by the immediate labor market effect.
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  • Holger Bonin & Ulf Rinne, 2014. "‘Beautiful Serbia’ - objective and subjective outcomes of active labour market policy in a transition economy," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 22(1), pages 43-67, January.
  • Handle: RePEc:bla:etrans:v:22:y:2014:i:1:p:43-67
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    Cited by:

    1. Jovan, Zubovic & Jonel, Subic, 2011. "Reviewing development of active labour market policies and the evaluation techniques," MPRA Paper 35282, University Library of Munich, Germany, revised 17 Oct 2011.
    2. Wolf, Tobias & Hetschko, Clemens & Schöb, Ronnie, 2016. "Income Support, (Un-)Employment and Well-Being," Annual Conference 2016 (Augsburg): Demographic Change 145860, Verein für Socialpolitik / German Economic Association.
    3. Daniel Sage, 2015. "Do Active Labour Market Policies Promote the Well-Being, Health and Social Capital of the Unemployed? Evidence from the UK," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 124(2), pages 319-337, November.
    4. Zubović, Jovan & Simeunović, Ivana, 2012. "On the New Methodology of Cost‐Benefit Analysis of ALMP – The Case of Serbia," MPRA Paper 42532, University Library of Munich, Germany.
    5. Zubović, Jovan & Domazet, Ivana, 2012. "Effectiveness of government interventions at labour markets: the case of women and youth in Serbia," MPRA Paper 44347, University Library of Munich, Germany.
    6. Anna McCord, 2008. "Recognising Heterogeneity: A Proposed Typology for Public Works Programmes," SALDRU Working Papers 26, Southern Africa Labour and Development Research Unit, University of Cape Town.
    7. World Bank, 2016. "Women's Access to Economic Opportunities in Serbia," World Bank Other Operational Studies 25183, The World Bank.

    More about this item

    JEL classification:

    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects

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