Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …

, and unemployment arising from the decline of the tradable sector …

-skilled unemployment. Yet, empirical evidence on their effectiveness is scarce. In this paper, we use Belgian administrative data to … exact matching. Our findings indicate that such subsidies can be effective in reducing unemployment and inactivity, but only …

The German start-up subsidy (SUS) program for the unemployed has recently undergone a major make-over, altering its …-reform subsidy on individual employment prospects and labor market earnings up to 40 months after entering the program. Our results … suggest large and persistent long-term effects of the subsidy on employment probabilities and net earned income. These effects …

driven by negative effects on unemployment and retirement insurance coverage. Our heterogeneity analysis reveals substantial …

who started from non-unemployment and did not receive the subsidy. The data allows us to analyze their business … to compare participants of a German start-up subsidy program for unemployed individuals to a group of regular founders … dynamics. Considering these conflicting results for the assessment of the subsidy program from an ALMP and business perspective …

Turning unemployment into self-employment has become an increasingly important part of active labor market policies …

are limited and starting an own business is an opportunity to leave unemployment. However, the survival of firms in … well as a control group of unemployed who did not enter these programs. We add information on unemployment rates and GDP …