Artikel

What effect do vocational training vouchers have on the unemployed?

The objective of providing vocational training for the unemployed is to increase their chances of re-employment and human capital accumulation. In comparison to mandatory course assignment by case workers, the awarding of vouchers increases recipients’ freedom to choose between different courses and makes non-redemption a possibility. In addition, vouchers may introduce market mechanisms between training providers. However, empirical evidence suggests that voucher allocation mechanisms prolong the unemployment duration of training participants. But, after an initial period of deterioration, better long-term employment opportunities are possible.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2016 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Wages, Compensation, and Labor Costs: Public Policy
Mobility, Unemployment, and Vacancies: Public Policy
Project Evaluation; Social Discount Rate
Thema
voucher
assignment mechanism
consumer sovereignty
vocational training
unemployment

Ereignis
Geistige Schöpfung
(wer)
Strittmatter, Anthony
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2016

DOI
doi:10.15185/izawol.316
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Strittmatter, Anthony
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2016

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