Effective Active Labour Market Policies
We present a theoretical and empirical analysis of different types of active labour market policies (ALMP). In our empirical analysis we use data on 20 OECD countries covering the time period 1985-99. We find that labour market training is the most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are not effective at all. Our theory considers ALMP in the context of a search-matching model.
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|Date of creation:||Oct 2004|
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700, Stockholm University, Institute for International Economic Studies.
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"Do active labor market policies help unemployed workers to find and keep regular jobs?,"
Other publications TiSEM
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- Boone, Jan & Bovenberg, A Lans, 2001.
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3002, C.E.P.R. Discussion Papers.
- Mortensen, Dale T & Pissarides, Christopher, 1999.
"New Developments in Models of Search in the Labour Market,"
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2053, C.E.P.R. Discussion Papers.
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- Martin, John P. & Grubb, David, 2001. "What works and for whom: a review of OECD countries' experiences with active labour market policies," Working Paper Series 2001:14, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Stephen Nickell, 1997. "Unemployment and Labor Market Rigidities: Europe versus North America," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 55-74, Summer.
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