This paper extends the traditional focus of active labor market policy evaluation from a static comparison of participation in a program versus nonparticipation (or participation in another program) to the evaluation of the effects of program sequences, i.e. multiple participation or timing of...

In the early 1970s, E.F. Schumacher criticised western industrial countries in the face of emerging globalisation by using a term generated by Leopold Kohr: "Small is beautiful." Seen against the progressing enlargement of the EU we need to ask whether and to what extent small is still...

This chapter studies the microeconometric treatment-effect and structural approaches to dynamic policy evaluation. First, we discuss a reduced-form approach based on a sequential randomization or dynamic matching assumption that is popular in biostatistics. We then discuss two complementary...