Do active labor market policies increase employment?
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The work Do active labor market policies increase employment? represents a distinct intellectual or artistic creation found in University of San Diego Libraries. This resource is a combination of several types including: Work, Language Material, Books.
The Resource
Do active labor market policies increase employment?
Resource Information
The work Do active labor market policies increase employment? represents a distinct intellectual or artistic creation found in University of San Diego Libraries. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- Do active labor market policies increase employment?
- Statement of responsibility
- Marcello Estevão
- Language
- eng
- Summary
- Annotation
- Cataloging source
- VT2
- Illustrations
- illustrations
- Index
- no index present
- LC call number
- HD5706
- LC item number
- .E884 2003 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- Series statement
- IMF Working Paper
- Series volume
- WP/03/234
- Summary expansion
- Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/resource/e8XFFKGQZ8g/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/resource/e8XFFKGQZ8g/">Do active labor market policies increase employment?</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>