Macroeconomic impacts of ALMP on the matching process in West Germany
- This paper investigates the macroeconomic effects of job creation schemes and vocational training on the matching processes in West Germany. The empirical analysis is based on regional data for local employment office districts for the period from 1999 to 2003. The empirical model relies on a dynamic version of a matching function augmented by ALMP. In order to obtain consistent estimates in the presence of a dynamic panel data model, a first-differences GMM estimator and a transformed maximum likelihood estimator are applied. Furthermore the paper considers the endogeneity problem of the policy measures. The results obtained from our estimates indicate that vocational training does not significantly affect the matching process and that job creation schemes have a negative effect. JEL Classification: C23, E24, H43, J64, J68
| Author: | Reinhard HujerGND, Christopher Zeiss |
|---|---|
| URN: | urn:nbn:de:hebis:30-22330 |
| Parent Title (German): | IZA Discussion Paper ; 915 |
| Document Type: | Working Paper |
| Language: | English |
| Date of Publication (online): | 2005/11/23 |
| Year of first Publication: | 2003 |
| Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
| Release Date: | 2005/11/23 |
| Tag: | active labour market policy; dynamic panel data model; matching function; search models |
| Source: | IZA - Discussion Paper No. 915, http://much-magic.wiwi.uni-frankfurt.de/Professoren/hujer/research.htm |
| HeBIS-PPN: | 205405622 |
| Institutes: | Wirtschaftswissenschaften / Wirtschaftswissenschaften |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Licence (German): |  Deutsches Urheberrecht |
