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Labor market policy evaluation with ACE
[Zeitschriftenartikel]
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 effec... mehr
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.... weniger
Klassifikation
Arbeitsmarktforschung
Arbeitsmarktpolitik
Freie Schlagwörter
Labor market policy evaluation; Agent-based computational model; Endogenous matching function; Job displacement; C63; J61; J68
Sprache Dokument
Englisch
Publikationsjahr
2008
Seitenangabe
S. 418-430
Zeitschriftentitel
Journal of Economic Behavior & Organization, 67 (2008) 2
DOI
https://doi.org/10.1016/j.jebo.2006.12.006
Status
Postprint; begutachtet (peer reviewed)
Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)