Deregulating Job Placement in Europe: A Microeconometric Evaluation of an Innovative Voucher Scheme in Germany

Henrik Winterhager, Anja Heinze and Alexander Spermann ()

No 06-11, ZEW Discussion Papers from ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research

Abstract: Job placement vouchers can be regarded as a tool to spur competition between public and private job placement activities. The German government launched this instrument in order to end the public placement monopoly and to subsidize its private competitors. We exploit very rich administrative data provided for the first time by the Federal Employment Agency and apply propensity score matching as a method to solve the fundamental evaluation problem and to estimate the effect of the vouchers. We find positive treatment effects on the employment probability after one year of 6.5 percentage points in Western Germany and give a measure for deadweight loss.

Keywords: Job Placement; Active Labor Market Policy; Matching (search for similar items in EconPapers)
JEL-codes: H25 J68 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pbe and nep-reg
Date: Written
View list of references View citations in EconPapers

Downloads: (external link)
http://hdl.handle.net/10419/24203 (application/pdf)

Related works:
Working Paper: Deregulating Job Placement in Europe: A Microeconometric Evaluation of an Innovative Voucher Scheme in Germany (2006)
Journal Article: Deregulating job placement in Europe: A microeconometric evaluation of an innovative voucher scheme in Germany (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:zbw:zewdip:4590

Access Statistics for this paper

More papers in ZEW Discussion Papers from ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research
Contact information at EDIRC.
Series data maintained by ZBW - German National Library for Economics ().