Costs and benefits of Danish active labour market programmes
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Costs and benefits of Danish active labour market programmes. / Jespersen, Svend; Munch, Jakob Roland; Skipper, Lars.
In: Labour Economics, Vol. 15, No. 5, 2008, p. 859-884.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Costs and benefits of Danish active labour market programmes
AU - Jespersen, Svend
AU - Munch, Jakob Roland
AU - Skipper, Lars
N1 - JEL classification: H00, J68
PY - 2008
Y1 - 2008
N2 - Since 1994, unemployed workers in the Danish labour market have participated in active labour market programmes on a large scale. This paper contributes with an assessment of costs and benefits of these programmes. Long-term treatment effects are estimated on a very detailed administrative dataset by propensity score matching. For the years 1995 - 2005 it is found that private job training programmes have substantial positive employment and earnings effects, but also public job training ends up with positive earnings effects. Classroom training does not significantly improve employment or earnings prospects in the long run. When the cost side is taken into account, private and public job training still come out with surplusses, while classroom training leads to a deficit.
AB - Since 1994, unemployed workers in the Danish labour market have participated in active labour market programmes on a large scale. This paper contributes with an assessment of costs and benefits of these programmes. Long-term treatment effects are estimated on a very detailed administrative dataset by propensity score matching. For the years 1995 - 2005 it is found that private job training programmes have substantial positive employment and earnings effects, but also public job training ends up with positive earnings effects. Classroom training does not significantly improve employment or earnings prospects in the long run. When the cost side is taken into account, private and public job training still come out with surplusses, while classroom training leads to a deficit.
KW - Faculty of Social Sciences
KW - cost-benefit analysis
KW - propensity score matching
U2 - 10.1016/j.labeco.2007.07.005
DO - 10.1016/j.labeco.2007.07.005
M3 - Journal article
VL - 15
SP - 859
EP - 884
JO - Labour Economics
JF - Labour Economics
SN - 0927-5371
IS - 5
ER -
ID: 6016111