Are Training Programs More Effective When Unemployment Is High?

Michael Lechner and Conny Wunsch

University of St. Gallen Department of Economics working paper series 2006 from Department of Economics, University of St. Gallen

Abstract: 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.

Keywords: Active labor market policy; long-run effects; matching estimation; causal effects; program evaluation; panel data (search for similar items in EconPapers)
JEL-codes: J68 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2006-10
New Economics Papers: this item is included in nep-bec and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Related works:
Journal Article: Are Training Programs More Effective When Unemployment Is High? (2009)
Working Paper: Are training programs more effective when unemployment is high? (2007)
Working Paper: Are Training Programs More Effective When Unemployment Is High? (2006)
Working Paper: Are Training Programs More Effective When Unemployment Is High? (2006)
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