NDLI: Selektivität und direkte Wirkungen von Vermittlungsgutscheinen: Empirische Befunde aus der Einführungsphase

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Selektivität und direkte Wirkungen von Vermittlungsgutscheinen: Empirische Befunde aus der Einführungsphase

Content Provider	Semantic Scholar
Author	Pfeiffer, Friedhelm Winterhager, Henrik
Copyright Year	2006
Abstract	Abstract In April 2002 German government introduced job placement vouchers as a new instrument of active labour market policy to foster the transition of unemployed to jobs. This paper investigates the demand, the treatment effect of the treated and the economic efficiency of job placement vouchers issued from May 2003 to June 2004. The analysis employs a large sample of unemployed individuals from administrative data collected by the German Federal Employment Agency. 20 percent of the West German and 37 percent of the East German unemployed demanded a voucher. According to the microeconometric results the treatment impact of the treated is positive. 5 out of 100 voucher recipients found a job as a result of the instrument. An additional analysis of the cost and returns of the voucher scheme reveals that the return remains positive if no more than 70 per cent of the direct effects are compensated by indirect (substitution) effects.
Starting Page	395
Ending Page	415
Page Count	21
File Format	PDF HTM / HTML
DOI	10.1111/j.1468-2516.2006.00219.x
Volume Number	7
Alternate Webpage(s)	https://kooperationen.zew.de/fileadmin/user_upload/Redaktion/DFGFLEX/paperpfeiffer5.pdf
Alternate Webpage(s)	https://www.econstor.eu/bitstream/10419/24209/1/dp06017.pdf
Alternate Webpage(s)	https://doi.org/10.1111/j.1468-2516.2006.00219.x
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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