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Bringing Unemployed Back to Work: Effective Active Labor Market Policies |
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| Authors: | Jan Boone Jan C. van Ours |
| Affiliation: | 1.Department of Economics, CentER, TILEC,Tilburg University,Tilburg,The Netherlands;2.CEPR,London,UK;3.Department of Economics, CentER,Tilburg University,Tilburg,The Netherlands;4.Department of Economics,University of Melbourne,Parkville,Australia |
| 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. |
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