Details

Autor(en) / Beteiligte

• Jaenichen, Ursula
• Stephan, Gesine

Titel

The effectiveness of targeted wage subsidies for hard-to-place workers

Ist Teil von

• Applied economics, 2011-04, Vol.43 (10), p.1209-1225

Ort / Verlag

London: Routledge

Erscheinungsjahr

2011

Link zum Volltext

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• Targeted wage subsidies paid to employers are an important element of active labour market policies in Germany. This article uses propensity score matching to investigate their effect on the employment and unemployment rates of subsidized hard-to-place workers. In a first scenario, we estimate the average treatment effect of a subsidy on previously unemployed individuals. A second scenario analyses the effects of a subsidy on employment probabilities conditional on taking-up employment. The third scenario investigates the additional effect of a subsidy on individuals, who have participated in a short-term training measure beforehand. Summing up and in line with the literature, the results show that subsidies have a favourable effect on the employment prospects of participants.