Active Labor Market Policies in Europe: Performance and Perspectives Contributor(s): Kluve, Jochen (Author), Card, David (Author), Fertig, Michael (Author) |
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ISBN: 3642080162 ISBN-13: 9783642080166 Publisher: Springer OUR PRICE: $132.99 Product Type: Paperback - Other Formats Published: October 2010 |
Additional Information |
BISAC Categories: - Business & Economics | Labor - Business & Economics | Economics - General - Political Science | Public Policy - Economic Policy |
Dewey: 331.12 |
Physical Information: 0.49" H x 6.14" W x 9.21" (0.73 lbs) 222 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |