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Estimating Equilibrium Effects of Job Search Assistance.” Institute for the Study of Labor (IZA) Discussion Paper 6748

Title: Estimating Equilibrium Effects of Job Search Assistance.” Institute for the Study of Labor (IZA) Discussion Paper 6748
Authors: Pieter Gautier; Paul Muller; Bas Klaauw; Jel-code C
Contributors: The Pennsylvania State University CiteSeerX Archives
Source: http://www.oecd.org/els/emp/DanishExperiment.pdf.
Publication Year: 2012
Collection: CiteSeerX
Subject Terms: randomizedexperiment; policy-relevant treatmenteffects; jobsearch; externalities; indirect inference
Description: Randomized experiments provide policy relevant treatment effects if there are no spillovers between participants and nonparticipants. We show that this assumption is violated for a Danish activation program for unemployed workers. Using a difference-in-difference model we show that the nonparticipants in the experiment regions find jobs slower after the introduction of the activation program (relative to workers in other regions). We then estimate an equilibrium search model. This model shows that a large scale role out of the activation program decreases welfare, while a standard partial microeconometric cost-benefit analysis would conclude the opposite.
Document Type: text
File Description: application/pdf
Language: English
Relation: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.376.2692; http://www.oecd.org/els/emp/DanishExperiment.pdf
Availability: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.376.2692; http://www.oecd.org/els/emp/DanishExperiment.pdf
Rights: Metadata may be used without restrictions as long as the oai identifier remains attached to it.
Accession Number: edsbas.A37D5CCA
Database: BASE