Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20151
Authors: 
Hujer, Reinhard
Zeiss, Christopher
Year of Publication: 
2003
Series/Report no.: 
IZA Discussion paper series 915
Abstract: 
This paper investigates the macroeconomic effects of job creation schemes and vocational training on the matching processes in West Germany. The empirical analysis is based on regional data for local employment office districts for the period from 1999 to 2003. The empirical model relies on a dynamic version of a matching function augmented by ALMP. In order to obtain consistent estimates in the presence of a dynamic panel data model, a firstdifferences GMM estimator and a transformed maximum likelihood estimator are applied. Furthermore the paper considers the endogeneity problem of the policy measures. The results obtained from our estimates indicate that vocational training does not significantly affect the matching process and that job creation schemes have a negative effect.
Subjects: 
Active Labour Market Policy
dynamic panel data model
matching function
search models
JEL: 
C23
J68
J64
H43
E24
Document Type: 
Working Paper

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