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Labor market policy evaluation with an agent-based model

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  • Neugart, Michael

Abstract

I develop an agent-based computational economics (ACE) model with which I evaluate the aggregate impact of labor market policies. The findings are that government-financed training measures increase the outflow rate from unemployment to employment. Although the overall effect is positive this effect is achieved by reducing the outflow rate for those who do not receive subsidies. Furthermore, the outflow rate would have been downward-biased had one supposed a matching function that is exogenous to policies.

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  • Neugart, Michael, 2006. "Labor market policy evaluation with an agent-based model," MPRA Paper 4726, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:4726
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    References listed on IDEAS

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    Cited by:

    1. Müller, Kai-Uwe, 2007. "Observed and unobserved determinants of unemployment insurance benefit sanctions in Germany: Evidence from matched individual and regional administrative data," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2007-107, WZB Berlin Social Science Center.
    2. Michael Neugart, 2009. "Pensions with early retirement and without commitment," Applied Economics Letters, Taylor & Francis Journals, vol. 16(3), pages 257-260.
    3. Schömann, Klaus & Siarov, Liuben & van den Heuvel, Nick, 2006. "Managing social risks through transitional labour markets," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2006-117, WZB Berlin Social Science Center.
    4. Wotschack, Philip & Hildebrandt, Eckart, 2007. "Long-term working-time accounts and life-course policies: Preliminary results of a representative company survey," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2007-109, WZB Berlin Social Science Center.
    5. Schulze Buschoff, Karin & Schmidt, Claudia, 2007. "Adapting labour law and social security to the needs of the new self-employed: Comparing European countries and initiatives at EU level," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2007-113, WZB Berlin Social Science Center.
    6. Lassen, Morten & Sørensen, John Houman & Lindkvist Jørgensen, Anja & Møberg, Rasmus Juul, 2006. "Skill needs and the institutional framework: Conditions for enterprise-sponsored CVT - The case of Denmark," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2006-121, WZB Berlin Social Science Center.
    7. Schulze Buschoff, Karin, 2007. "Self-employment and social risk management: Comparing Germany and the United Kingdom," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2007-103, WZB Berlin Social Science Center.
    8. Kemmerling, Achim, 2007. "The end of work or work without end? The role of voters' beliefs in shaping policies of early exit," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2007-108, WZB Berlin Social Science Center.
    9. Moreno Baruffini, 2013. "An agent-based simulation of the Swiss labour market : an alternative for the labour market policy evaluation," ERSA conference papers ersa13p216, European Regional Science Association.
    10. Schulze Buschoff, Karin & Schmidt, Claudia, 2006. "Own-account workers in Europe: Flexible, mobile, and often inadequately insured," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2006-122, WZB Berlin Social Science Center.
    11. Hartlapp, Miriam & Falkner, Gerda, 2008. "Problems of operationalization and data in EU compliance research," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2008-104, WZB Berlin Social Science Center.
    12. Leschke, Janine, 2007. "Gender differences in unemployment insurance coverage: A comparative analysis," Discussion Papers, Research Unit: Labor Market Policy and Employment SP I 2007-106, WZB Berlin Social Science Center.
    13. César Vladimir Martínez Arango & Coralia Azucena Quintero Rojas & Lari Arthur Viianto, 2015. "Discriminación de género en redes laborales," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 1-34, November.

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    More about this item

    Keywords

    Labor market policy evaluation; agent-based computational model; endogenous matching function; job displacement;
    All these keywords.

    JEL classification:

    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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