Labor market policy evaluation with ACE

Abstract: I develop an agent-based computational economics (ACE) model with which I evaluate the aggregate impact of labor market policies. The findings are that government-financed training measures increase the outflow rate from unemployment to employment. Although the overall effect is positive, this effect is achieved by reducing the outflow rate for those who do not receive subsidies. Furthermore, the outflow rate would have been downward-biased had one supposed a matching function that is exogenous to policies

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch
Notes
Postprint
begutachtet (peer reviewed)
In: Journal of Economic Behavior & Organization ; 67 (2008) 2 ; 418-430

Classification
Wirtschaft

Event
Veröffentlichung
(where)
Mannheim
(when)
2008
Creator
Neugart, Michael

DOI
10.1016/j.jebo.2006.12.006
URN
urn:nbn:de:0168-ssoar-254602
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:55 PM CET

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Associated

  • Neugart, Michael

Time of origin

  • 2008

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