Macroeconometric Evaluation of Active Labour Market Policies in Austria
Reinhard Hujer () and
Katja Wolf ()
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Reinhard Hujer: Goethe University Frankfurt
Katja Wolf: Institute for Employment Research (IAB), Nuremberg
No 5217, IZA Discussion Papers from Institute of Labor Economics (IZA)
This paper contributes to the literature on macroeconometric evaluation of active labour market policies (ALMP) by considering the regional effects on both the matching process and the job-seeker rate. We use an unique new data set on all Austrian job-seekers between 2001 to 2007 and apply GMM and Quasi-ML estimators to take into account both the simultaneity of ALMP and spatial interrelations between employment office districts. The results indicate that job schemes in the non-profit sector, wage subsidies, and apprenticeships cause particularly favourable effects on the regional matching function and the job-seeker rate.
Keywords: evaluation; active labour market policy; dynamic panel data model; spatial econometrics (search for similar items in EconPapers)
JEL-codes: C33 H43 J64 (search for similar items in EconPapers)
Pages: 42 pages
New Economics Papers: this item is included in nep-eur and nep-lab
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Working Paper: Macroeconometric evaluation of active labour market policies in Austria (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp5217
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