Labor market policy evaluation with ACE

被引:35
作者
Neugart, Michael [1 ]
机构
[1] Free Univ Bozen Bolzano, Sch Econ & Management, I-39100 Bolzano, Italy
关键词
labor market policy evaluation; agent-based computational model; endogenous matching function; job displacement;
D O I
10.1016/j.jebo.2006.12.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
I develop an agent-based computational economics (ACE) model with which I evaluate the aggregate impact of labor market policies. The findings are that govemment-financed training measures increase the outflow rate from unemployment to employment. Although the overall effect is positive, this effect is achieved by reducing the outflow rate for those who do not receive subsidies. Furthermore, the outflow rate would have been downward-biased had one supposed a matching function that is exogenous to policies. (c) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:418 / 430
页数:13
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