The employment effect of reforming a public employment agency
The employment effect of reforming a public employment agency
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DOI:
10.1016/j.euroecorev.2015.08.008
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发表时间:
2016-05-01
影响因子:
2.8
通讯作者:
Waelde, Klaus
中科院分区:
文献类型:
--
作者:
Launov, Andrey;Waelde, Klaus
By how much does an increase in operating effectiveness of a public employment agency (PEA) and a reduction of unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit reduction explains just about 5% of the observed decline. Due to disincentive effects resulting from the reform, the reform of the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long-term unemployed workers. (C) 2015 Elsevier B.V. All rights reserved.