Macroeconometric Evaluation of Active Labour Market Policies in Austria

Dauth, Wolfgang; Hujer, Reinhard; Wolf, Katja

doi:10.2139/ssrn.1686528

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Macroeconometric Evaluation of Active Labour Market Policies in Austria

IZA Discussion Paper No. 5217

42 Pages Posted: 4 Oct 2010

See all articles by Wolfgang Dauth

Reinhard Hujer

University of Frankfurt; IZA Institute of Labor Economics

Katja Wolf

Government of the Federal Republic of Germany - Institute for Employment Research (IAB)

Abstract

This paper contributes to the literature on macroeconometric evaluation of active labour market policies (ALMP) by considering the regional effects on both the matching process and the job-seeker rate. We use an unique new data set on all Austrian job-seekers between 2001 to 2007 and apply GMM and Quasi-ML estimators to take into account both the simultaneity of ALMP and spatial interrelations between employment office districts. The results indicate that job schemes in the non-profit sector, wage subsidies, and apprenticeships cause particularly favourable effects on the regional matching function and the job-seeker rate.

Keywords: evaluation, active labour market policy, dynamic panel data model, spatial econometrics

JEL Classification: C33, H43, J64

Suggested Citation: Suggested Citation

Dauth, Wolfgang and Hujer, Reinhard and Wolf, Katja, Macroeconometric Evaluation of Active Labour Market Policies in Austria. IZA Discussion Paper No. 5217, Available at SSRN: https://ssrn.com/abstract=1686528 or http://dx.doi.org/10.2139/ssrn.1686528