Bringing unemployed back to work: Effective labor market policies

J. Boone, J.C. van Ours

Research output: Contribution to journalArticleScientificpeer-review

19 Citations (Scopus)

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
JournalEconomist-Netherlands
Volume157
Issue number3
Publication statusPublished - 2009

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