Labor Market Policy Evaluation in Equilibrium: Some Lessons of the Job Search and Matching Model

Pierre Cahuc and Thomas Le Barbanchon

Working Papers from HAL

Abstract: We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns out that neglecting equilibrium effects induced by counseling can lead to wrong conclusions. In particular, counseling can increase steady state unemployment although counseled job seekers exit unemployment at a higher rate than the noncounseled. Dynamic analysis shows that permanent and transitory policies can have effects of opposite sign on unemployment.

Keywords: evaluation; equilibrium effect; labor market policy (search for similar items in EconPapers)
Date: 2009-06-17
Note: View the original document on HAL open archive server: https://hal.science/hal-00396295v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://hal.science/hal-00396295v1/document (application/pdf)

Related works:
Journal Article: Labor market policy evaluation in equilibrium: Some lessons of the job search and matching model (2010)
Working Paper: Labor Market Policy Evaluation in Equilibrium: Some Lessons of the Job Search and Matching Model (2008)
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: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00396295

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().