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@book{ Jaenichen2007,
 title = {The effectiveness of targeted wage subsidies for hard-to-place workers},
 author = {Jaenichen, Ursula and Stephan, Gesine},
 year = {2007},
 series = {IAB Discussion Paper: Beiträge zum wissenschaftlichen Dialog aus dem Institut für Arbeitsmarkt- und Berufsforschung},
 pages = {37},
 volume = {16/2007},
 address = {Nürnberg},
 publisher = {Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB)},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-325968},
 abstract = {"Targeted wage subsidies paid to employers are an important element of active labour market policies in Germany. This paper uses propensity score matching to investigate their effect on subsidised hard-to-place workers. In a first scenario, we estimate the average treatment effect of a subsidy on previously unemployed individuals. A second scenario analyses the effects of a subsidy on employment probabilities conditional on takingup employment. The third scenario investigates the additional effect of a subsidy on individuals, who have participated in a short-term training measure beforehand. Summing up and in line with the literature, the results show that subsidies have a favourable effect on the employment prospects of participants." (author's abstract)},
 keywords = {Bundesrepublik Deutschland; Subvention; subsidy; Beschäftigungspolitik; Hartz-Reform; Arbeitslosigkeit; results measurement; measure; Arbeitsmarktpolitik; Hartz-Reform; Federal Republic of Germany; Maßnahme; Erfolgskontrolle; employment policy; berufliche Integration; occupational integration; labor market policy; unemployment}}