Active Labor Market Policies in Europe - Kluve, Jochen;Card, David;Fertig, Michael
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Measures of Active Labor Market Policy - such as training, wage subsidies, public employment measures, and job search assistance - are widely used in European countries to combat unemployment. Little, however, is known about what each country can learn from experiences in other countries. This study provides novel insight on this important policy issue by discussing the role of the European Commission's Employment Strategy, reviewing the experiences made in European states, and giving the first ever quantitative assessment of the existing cross-country evidence, answering the question "what…mehr

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Produktbeschreibung
Measures of Active Labor Market Policy - such as training, wage subsidies, public employment measures, and job search assistance - are widely used in European countries to combat unemployment. Little, however, is known about what each country can learn from experiences in other countries. This study provides novel insight on this important policy issue by discussing the role of the European Commission's Employment Strategy, reviewing the experiences made in European states, and giving the first ever quantitative assessment of the existing cross-country evidence, answering the question "what labor market program works for what target group under what (economic and institutional) circumstances?". Using an innovative meta-analytical approach, the authors find that rather than contextual factors such as labor market institutions or the business cycle, it is almost exclusively the program type that matters for program effectiveness: While direct employment programs in the public sector appear detrimental, wage subsidies and "Services and Sanctions" can be effective in increasing participants' employment probability.
Autorenporträt
Measures of Active Labor Market Policy--such as training, wage subsidies, public employment measures, and job search assistance--are widely used in European countries to combat unemployment. Little, however, is known about what each country can learn from experiences in other countries. This study provides novel insight on this important policy issue by discussing the role of the European Commission's Employment Strategy. It reviews the experiences made in European states and gives a quantitative assessment of the existing cross-country evidence.
Using an innovative meta-analytical approach, the authors find that rather than contextual factors such as labor market institutions or the business cycle, it is almost exclusively the program type that matters for program effectiveness. While direct employment programs in the public sector appear detrimental, wage subsidies and Services and Sanctions can be effective in increasing participants' employment probability.
Rezensionen
From the reviews: "The book presents the results of a cross-country study on the effectiveness of active labour market policies. ... A main function of the book is certainly to provide condensed information on the design of active labour market policies in a number of countries a well as information about their estimated effectiveness. ... used as a quick reference when searching information in this field ... . Summing up, the book covers lots of interesting material." (Gesine Stephan, Papers in Regional Science, Vol. 87 (3), August, 2008)