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Active labor market policy by a profit maximizing firm

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  • Gerards, R.

    (General Economics 0 (Onderwijs))

  • Muysken, J.

    (Macro, International & Labour Economics)

  • Welters, R.A.M.H.M.

    (Macro, International & Labour Economics)

Abstract

This article investigates the effectiveness of an employment programme exclusively run by a private sector firm in order to find out whether such a programme can be beneficial to both the participating individuals and the private firm. To answer these questions, we use a unique dataset on a private employment programme covering 23 years of operations and data on 1,000 participating unemployed individuals. Using conservative estimates, we show that a private employment programme is more effective in reintegrating the unemployed than public efforts, while providing tangible benefits to the firm.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Gerards, R. & Muysken, J. & Welters, R.A.M.H.M., 2010. "Active labor market policy by a profit maximizing firm," Research Memorandum 042, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    • Handle: RePEc:unm:umamet:2010042
    DOI: 10.26481/umamet.2010042
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