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Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Memorandum No. 2008,22
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
We examine empirically the impacts of labor market policies - in terms of unemployment insurance (UI) and active labor market programs (ALMP) - on the duration and outcome of job search and on the quality of a subsequent job. We find that time invested in job search tends to pay off in the form of higher earnings once a job match is formed. More generous UI raises expected unemployment duration, while improving the quality of the resultant job. Participation in ALMP raises the probability of finding a job and the level of expected earnings, but at the cost of lengthening job search.
Schlagwörter: 
Multivariate hazards
job search
job quality
timing-of-events
NPMLE
MMPH
JEL: 
C14
C15
C41
J64
J65
J68
Dokumentart: 
Working Paper

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