Effective Active Labour Market Policies

Jan C. van Ours and Jan Boone

No 4707, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: We present a theoretical and empirical analysis of different types of active labour market policies (ALMP). In our empirical analysis we use data on 20 OECD countries covering the time period 1985-99. We find that labour market training is the most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are not effective at all. Our theory considers ALMP in the context of a search-matching model.

Keywords: Unemployment; Active labour market programmes; Training; Subsidized jobs; Public employment services (search for similar items in EconPapers)
JEL-codes: H55 J65 J68 (search for similar items in EconPapers)
Date: 2004-10
New Economics Papers: this item is included in nep-lab and nep-pbe
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Citations: View citations in EconPapers (23)

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