Active Labor Market Policies

Bruno Crépon () and Gerard van den Berg
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Bruno Crépon: Center for Research in Economics and Statistics (CREST), 92245 Malakoff, France

Annual Review of Economics, 2016, vol. 8, issue 1, 521-546

Abstract: Active labor market policies are massively used with the objective being to improve labor market outcomes of individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy effectiveness. We emphasize insights from recent randomized controlled trials. In addition, we examine policy effects that have not been the primary object of most of the past evaluations, such as anticipatory effects of advance knowledge of future treatments and equilibrium effects, and we discuss the actual implementation of policies. We discuss the importance of heterogeneity of programs and effects and examine the extent to which potential participants are interested in enrollment. We also discuss the assessment of costs and benefits of programs.

Keywords: active labor market program; evaluation; job search assistance; matching; subsidized jobs training; unemployment; wages (search for similar items in EconPapers)
JEL-codes: J08 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (89)

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Working Paper: Active labor market policies (2016)
Working Paper: Active Labor Market Policies (2016)
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