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Are Training Programs More Effective When Unemployment Is High?

Listed author(s):
  • Lechner, Michael
  • Wunsch, Conny

We estimate short, medium, and long-run individual labour market effects of training programs for unemployed by following program participation on a monthly basis over a ten-year period. Since analyzing the effectiveness of training over such a long period is impossible with experimental data, we use an administrative database compiled for evaluating German training programs. Based on matching estimation adapted to the various issues that arise in this particular context, we find a clear positive relation between the effectiveness of the programs and the unemployment rate over time.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 5920.

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Date of creation: Nov 2006
Handle: RePEc:cpr:ceprdp:5920
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