Bringing unemployed back to work

Effective labor market policies

J. Boone, J.C. van Ours

Research output: Contribution to journalArticleScientificpeer-review

Abstract

We present a theoretical analysis of different types of active labor market policies in the context of a search-matching model. We find that labor market training is effective in bringing down unemployment while public employment services and subsidized jobs are not effective at all. This theoretical finding is confirmed in an explorative empirical analysis using data from 20 OECD countries.
Original languageEnglish
Pages (from-to)293-313
JournalDe Economist
Volume157
Issue number3
Publication statusPublished - 2009

Fingerprint

Matching model
Unemployment
Active labour market policy
Theoretical analysis
Labour market policy
OECD countries
Empirical analysis
Public employment services
Labour market

Cite this

Boone, J. ; van Ours, J.C. / Bringing unemployed back to work : Effective labor market policies. In: De Economist. 2009 ; Vol. 157, No. 3. pp. 293-313.
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Boone, J & van Ours, JC 2009, 'Bringing unemployed back to work: Effective labor market policies', De Economist, vol. 157, no. 3, pp. 293-313.

Bringing unemployed back to work : Effective labor market policies. / Boone, J.; van Ours, J.C.

In: De Economist, Vol. 157, No. 3, 2009, p. 293-313.

Research output: Contribution to journalArticleScientificpeer-review

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AB - We present a theoretical analysis of different types of active labor market policies in the context of a search-matching model. We find that labor market training is effective in bringing down unemployment while public employment services and subsidized jobs are not effective at all. This theoretical finding is confirmed in an explorative empirical analysis using data from 20 OECD countries.

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JF - De Economist: Tijdschrift voor alle standen, tot bevordering van volkswelvaart, door verspreiding van eenvoudige beginselen van staatshuishoudkunde

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