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Business cycles and the impact of labour market programmes

Link to article:

[PDF]

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 forskningsråd
Oppdragsgivers prosjektnr.:
Frisch prosjekt: 1203 - Sorting, exposed groups and labour market programmes

Contact:

oddbjorn.raaum@frisch.uio.no

Financing:

Research Council of Norway