Labor market policy evaluation with an agent-based model

Michael Neugart

Discussion Papers, Research Unit: Labor Market Policy and Employment from WZB Berlin Social Science Center

Abstract: I develop an agent-based computational economics (ACE) model with which I evaluate the aggregate impact of labor market policies. The findings are that governmentfinanced training measures increase the outflow rate from unemployment to employment. Although the overall effect is positive this effect is achieved by reducing the outflow rate for those who do not receive subsidies. Furthermore, the outflow rate would have been downward-biased had one supposed a matching function that is exogenous to policies.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/44007/1/525314229.pdf (application/pdf)

Related works:
Working Paper: Labor market policy evaluation with an agent-based model (2006)
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:zbw:wzblpe:spi2006113

Access Statistics for this paper

More papers in Discussion Papers, Research Unit: Labor Market Policy and Employment from WZB Berlin Social Science Center Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().