Humlum, Anders; Munch, Jakob Roland; Rasmussen, Mette - 2023
This paper examines if active labor market programs help unemployed job seekers find jobs using a novel random … employment rates by 25% two years after initial job loss. This finding contrasts with the conclusion reached by ordinary least … squares (OLS), which suffers from a negative bias due to selection on unobservables. The employment effects are driven by job …