Fukushima, Yoshihiko - Nationalekonomiska institutionen, Stockholms Universitet - 1998
unskilled labour and transfer them from a high-unemployment to a low-unemployment sector. Programmes have a direct labour …-transfer effect which tends to reduce total unemployment. They also have effects on wages via expectations. The later effects were to … general, the net effect on unemployment is ambiguous. The model explains the conditions under which active labour market …