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dc.contributor.authorForslund, Andersen_US
dc.contributor.authorFredriksson, Peteren_US
dc.contributor.authorVikström, Johanen_US
dc.description.abstractThis paper discusses the case for expanding active labor market policy in recession. We find that there is reasonable case for relying more heavily on certain kinds of programs. The argument is tied to the varying size of the lock-in effect in boom and recession. If programs with relatively large lock-in effects should ever be used, they should be used in a downturn. The reason is simply that the cost of forgoing search time is lower in recession. We also provide new evidence on the relative effectiveness of different kinds of programs over the business cycle. In particular we compare an on-the-job training scheme with (traditional) labor market training. We find that labor market training is relatively more effective in recession. This result is consistent with our priors since labor market training features relative large lock-in effects.en_US
dc.publisher|aInst. for Labour Market Policy Evaluation |cUppsalaen_US
dc.relation.ispartofseries|aWorking paper // IFAU - Institute for Labour Market Policy Evaluation |x2011:2en_US
dc.subject.keywordActive labor market policyen_US
dc.subject.keywordbusiness cycleen_US
dc.titleWhat active labor market policy works in a recession?en_US
dc.typeWorking Paperen_US

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