Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24203
Authors: 
Winterhager, Henrik
Heinze, Anja
Spermann, Alexander
Year of Publication: 
2006
Series/Report no.: 
ZEW Discussion Papers 06-11
Abstract: 
Job placement vouchers can be regarded as a tool to spur competition between public and private job placement activities. The German government launched this instrument in order to end the public placement monopoly and to subsidize its private competitors. We exploit very rich administrative data provided for the first time by the Federal Employment Agency and apply propensity score matching as a method to solve the fundamental evaluation problem and to estimate the effect of the vouchers. We find positive treatment effects on the employment probability after one year of 6.5 percentage points in Western Germany and give a measure for deadweight loss.
Subjects: 
Job Placement
Active Labor Market Policy
Matching
JEL: 
H25
J68
Document Type: 
Working Paper

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