 Do Financial Incentives for Training and Caseworker Meetings Enhance Re-employment?No 175, Working Papers from VATT Institute for Economic Research Abstract: In 2005, displaced workers in Finland with at least three years of work history were given the option to enroll in a Re-employment Program. Participants met with a caseworker at the beginning of their unemployment and drafted an employment plan. In return, they became eligible for higher benefits for four weeks, as well as for the duration of individually targeted training programs specified in their plan. The program aimed to provide early counseling, encourage participation in labor market training, and improve matches between training programs and job seekers. Using a difference-in-differences approach, we show that the program increased caseworker meetings and participation in training programs but had no effect on unemployment duration in the short run or employment in the longer run. The effect on training participation was particularly strong for men, older workers and low-skilled workers, yet unemployment and employment effects were equally disappointing across all subgroups. Keywords: Unemployment benefits; caseworkers; re-employment; active labor market policy; labor market training; Labour markets and education; C21; J64; J68; fi=Sosiaaliturva|sv=Social trygghet|en=Social security|; fi=Työmarkkinat|sv=Arbetsmarknad|en=Labour markets| (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:fer:wpaper:175 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Working Papers from VATT Institute for Economic Research Contact information at EDIRC. |
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