Manpower Training Programs and Employment Stability
We evaluate Austrian labor market policy focusing on its possible effects upon recurrent unemployment. Without properly considering the selection processes for public training programs, perverse results emerge. Taking the participation decision into account in a bivariate probit setting, Austrian manpower training programs turn out to be a sort of 'catching up1 strategy: (i) disadvantaged and less motivated job-seekers are given priority in enrollment into training programs and (ii) participation in such courses improves employment stability significantly.
|Date of creation:||01 May 1992|
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- Haskel, Jonathan & Jackman, Richard, 1988. "Long-term Unemployment in Britain and the Effects of the Community Programme," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 50(4), pages 379-408, November.
- Ebmer, Rudolf, 1990. "Placement service and offer arrival rates," Economics Letters, Elsevier, vol. 34(3), pages 289-294, November. Full references (including those not matched with items on IDEAS)
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