Arbeitspapier
How Effective Are Hiring Subsidies to Reduce Long-Term Unemployment among Prime-Aged Jobseekers? Evidence from Belgium
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a triple difference methodology the hiring subsidy is shown to increase the job finding rate by 13% without any evidence of spill-over effects. This effect is driven by a positive effect on individuals with at least a bachelor's degree. However, the hiring subsidy mainly created temporary short-lived employment: eligible jobseekers were not more likely to find employment that lasted at least twelve consecutive months than ineligible jobseekers.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 14767
- Klassifikation
-
Wirtschaft
Taxation and Subsidies: Incidence
Labor Economics Policies
Demographic Economics: Public Policy
Labor Demand
Wages, Compensation, and Labor Costs: Public Policy
Unemployment: Models, Duration, Incidence, and Job Search
Unemployment Insurance; Severance Pay; Plant Closings
Mobility, Unemployment, and Vacancies: Public Policy
- Thema
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hiring subsidies
long-term unemployment
prime-aged jobseekers
triple difference
temporary help agencies
- Ereignis
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Geistige Schöpfung
- (wer)
-
Desiere, Sam
Cockx, Bart
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
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Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Desiere, Sam
- Cockx, Bart
- Institute of Labor Economics (IZA)
Entstanden
- 2021