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infeasible or yield unstable estimates. To identify parameters that could be used in such cases, a cointegrating panel approach … calibration or Bayesian estimation, because the functional forms imposed in the panel are consistent with those used in the macro …
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Most evaluation studies of active labour market policies (ALMP) focus on the microeconometric evaluation approach using individual data. However, as the microeconometric approach usually ignores impacts on the non-participants, it should be seen as a first step to a complete evaluation which has...
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