Business cycles and the impact of labour market programmes
Link to article:
Authors:
Raaum, Oddbjørn, Hege Torp and Tao Zhang
Year:
2002
Reference:
Memorandum
Number in series: 14
Summary
By comparing mean outcomes for a large number of matched samples of participants and nonparticipants we estimate individual earnings effect of the Norwegian labour market training programme (LMT) targeted at unemployed adults in the years 1991-1996. The average training effect on the trained is positive, even after three years. The training effect is positively correlated with post-training job opportunities in the (local) labour market, when job opportunities are measured by time-varying human capital adjusted national and regionspecific exit rates from unemployment.
JEL:
C14, J64, J68
Keywords:
Causal effects, matching estimators, training unemployed, impact on annual earnings
Project:
Oppdragsgiver: Norges forskningsrådOppdragsgivers prosjektnr.:
Frisch prosjekt: 1203 - Sorting, exposed groups and labour market programmes
Contact:
oddbjorn.raaum@frisch.uio.no
Financing:
Research Council of Norway