The paper investigates exit probabilities of registered unemployed to active labour market programmes using administrative records from the unemployment register of the Hungarian National Labour Centre. We estimate parametric duration models that summarise variation in exit probabilities with...

The starting point of this paper is a widely shared fundamental preference according to which Hungary should follow a fast, sustainable development path and catch up with the developed world in the foreseeable future. Questions raised in this paper are related to the instrumental preferences....

The paper presents a detailed description of the ISMIK model which was developed as a part of "Priority project TÁMOP - 2.3.2-09/1 Establishing labour market forecasts and foreseeing structural changes". The ISMIK model is a dynamic microsimulation model to project individuals' educational...