Dahlberg, Matz; Forslund, Anders - 1999 - This version: October, 1999
. From our GMM estimations, we find that (i) there are direct displacement effects from those ALMPs that generate subsidised … labour (in the order of approximately 65 percent), but there seems to be no (significant) displacement effects from training … seems to be sluggish. A consequence of (ii) is that the earlier studies have overstated the displacement effects (since they …