[Journal:] IZA Journal of Labor Economics [ISSN:] 2193-8997 [Volume:] 4 [Year:] 2015 [Pages:] 1-36
This paper provides a new perspective by classifying active labor market programs (ALMPs) depending on their objectives, relevance and cost-effectiveness during normal times, a crisis and recovery. We distinguish ALMPs providing incentives for retaining employment, incentives for creating employment, incentives for seeking and keeping a job, incentives for human capital enhancement and improved labor market matching. Reviewing evidence from the literature, we discuss especially indirect effects of various interventions and their cost-effectiveness. The paper concludes by providing a systematic overview of how, why, when and to what extent specific ALMPs are effective.
Active labor market programs Short work Subsidies Training Workfare Activation Sanctions Job search assistance Intermediation Counseling Cost- effectiveness