Hujer, Reinhard; Zeiss, Christopher - Institute for the Study of Labor (IZA) - 2003
This paper investigates the macroeconomic effects of job creation schemes and vocational training on the matching … from 1999 to 2003. The empirical model relies on a dynamic version of a matching function augmented by ALMP. In order to … obtain consistent estimates in the presence of a dynamic panel data model, a firstdifferences GMM estimator and a transformed …