Active labour market policies (ALMPs) may play an important role in preventing an increase in long-term unemployment following the Great Recession. We consider this issue for Denmark, a country relying extensively on this instrument. We present evidence on the effectiveness of ALMPs as a way of...

"In a unique historical phenomenon of demographics , a large cohort of post-war Baby Boomers is retiring as a new cadre of younger workers, the twenty-somethings referred to as 'Gen Y' or Millennials, are being recruited to replace them. This workforce of the future comes with their own set of...

Will the current employment crisis produce lost generations with permanently lower labour market attachment? Taking an explicit cohort perspective and based on Danish data we do not find strong persistence in employment rates at the cohort level. Younger workers tend to be more exposed to...