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Are Training Programs More Effective When Unemployment Is High?

Listed author(s):
  • Michael Lechner

    ()

  • Conny Wunsch

    ()

We estimate short, medium, and long-run individual labor market effects of training programs for unemployed by following program participation on a monthly basis over a tenyear 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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File URL: http://ux-tauri.unisg.ch/RePEc/usg/dp2006/DP23_Le.pdf
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Paper provided by Department of Economics, University of St. Gallen in its series University of St. Gallen Department of Economics working paper series 2006 with number 2006-23.

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Length: 47 pages
Date of creation: Oct 2006
Handle: RePEc:usg:dp2006:2006-23
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Phone: +41 71 224 23 25
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