A Field Experiment on Labor Market Speeddates for Unemployed Workers
Bas van der Klaauw () and
Lennart Ziegler ()
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Bas van der Klaauw: Vrije Universiteit Amsterdam
Lennart Ziegler: University of Vienna
No 12140, IZA Discussion Papers from Institute of Labor Economics (IZA)
We conduct a field experiment to evaluate the effectiveness of labor market speeddates where unemployed workers meet temporary employment agencies. Our analysis shows that participation in such events increases immediate job finding by 6-7 percentage points. In the subsequent months, employment effects diminish again, suggesting that vacancies mediated through temporary employment agencies have no long-lasting effect on employment prospects. While the intervention is cost effective for the UI administration, higher labor earnings of treated job seekers do not fully compensate for the decline in benefit payments. Additional survey evidence shows that speeddate participation increases job search motivation and reduces reservation wages.
Keywords: matching events; active labor market policies; randomized experiment; temporary work; job search behavior (search for similar items in EconPapers)
JEL-codes: J64 J65 C21 C93 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-exp and nep-hrm
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