Calmfors, Lars; Forslund, Anders; Hemström, Maria - 2002
) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in … participation; (iii) subsidised employment seems to cause displacement of regular employment, whereas this appears not to be the …
