Deregulating Job Placement in Europe : A Microeconometric Evaluation of an Innovative Voucher Scheme in Germany


Winterhager, Henrik ; Heinze, Anja ; Spermann, Alexander


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URL: http://ub-madoc.bib.uni-mannheim.de/1226
URN: urn:nbn:de:bsz:180-madoc-12266
Document Type: Working paper
Year of publication: 2006
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: J 68 H 25 ,
Subject headings (SWD): Deutschland , Arbeitsmarkt , Arbeitsmarktpolitik
Abstract: Job placement vouchers can be regarded as a tool to spur competition between public and private job placement activities. The German government launched this instrument in order to end the public placement monopoly and to subsidize its private competitors. We exploit very rich administrative data provided for the first time by the Federal Employment Agency and apply propensity score matching as a method to solve the fundamental evaluation problem and to estimate the effect of the vouchers. We find positive treatment effects on the employment probability after one year of 6.5 percentage points in Western Germany and give a measure for deadweight loss.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Winterhager, Henrik ; Heinze, Anja ; Spermann, Alexander (2006) Deregulating Job Placement in Europe : A Microeconometric Evaluation of an Innovative Voucher Scheme in Germany. Open Access [Working paper]
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