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

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Metadaten
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:Universit├Ątsbibliothek 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):License LogoDeutsches Urheberrecht