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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6532 |
DP6532 Preferred Risk Habitat of Individual Investors | |
Gur Huberman; Daniel Dorn | |
发表日期 | 2007-10-19 |
出版年 | 2007 |
语种 | 英语 |
摘要 | This paper extends the traditional focus of active labour market policy evaluation from a static comparison of participation in a programme versus nonparticipation (or participation in another programme) to the evaluation of the effects of programme sequences, i.e. multiple participation or timing of such programmes. We use a dynamic evaluation framework that explicitly allows for dynamic selection into different stages of such sequences based on past intermediate outcomes to analyze multiple programmes, the timing of programmes, and the order of programmes. The analysis is based on exceptionally comprehensive data on the Austrian labour force. Our findings suggest that (i) active job search programmes are more effective after a qualification programme compared to the reverse order, that (ii) multiple participations in qualification measures dominates single participation, and that (iii) the effectiveness of specific labour market programmes deteriorates the later they start during an unemployment spell. |
主题 | Labour Economics |
关键词 | Active labour market policy Matching estimation Panel data Programme evaluation |
URL | https://cepr.org/publications/dp6532 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535371 |
推荐引用方式 GB/T 7714 | Gur Huberman,Daniel Dorn. DP6532 Preferred Risk Habitat of Individual Investors. 2007. |
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