Active labor market policies , training vouchers , treatment effects evaluation , administrative data
Abstract:
In 2003, Germany moved from a system in which participants in training
programs for the unemployed are assigned by caseworkers to an allocation
system using vouchers. Based on the rich administrative data for all
vouchers and on actual program participation, we provide inverse probability
weighting and ordinary least squares estimates of the employment and
earnings effects of a voucher award. Our results imply that after the award,
voucher recipients experience long periods of lower labor market success.
On average, there are only small positive employment effects and no gains
in earnings even four years after the voucher award. However, we do find
significantly positive effects both for low-skilled individuals and for degree
courses. The strong positive selection effects implied by our estimates are
consistent with sizeable cream-skimming effects.
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.
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