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) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in …. There should be a greater emphasis on holding down long-term unemployment in general and a smaller emphasis on youth …
Persistent link: https://www.econbiz.de/10005651865
This paper discusses the case for expanding active labor market policy in recession. We find that there is reasonable case for relying more heavily on certain kinds of programs. The argument is tied to the varying size of the lock-in effect in boom and recession. If programs with relatively...
Persistent link: https://www.econbiz.de/10008838419