Active labour market policy by a profit-maximizing firm

Gerards, Ruud, Muysken, Joan, and Welters, Riccardo (2014) Active labour market policy by a profit-maximizing firm. British Journal of Industrial Relations, 52 (1). pp. 136-157.

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This article investigates the effectiveness of an employment programme exclusively run by a private sector firm in order to find out whether such a programme can be beneficial to both the participating individuals and the private firm. Toanswer these questions, we use a unique dataset on a private employment programme covering 23 years of operations and data on 1,000 participating unemployed individuals. Using conservative estimates, we show that a private employment programme is more effective in reintegrating the unemployed than public efforts, while providing tangible benefits to the firm.

Item ID: 25361
Item Type: Article (Research - C1)
ISSN: 1467-8543
Date Deposited: 11 Mar 2013 00:58
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140211 Labour Economics @ 100%
SEO Codes: 91 ECONOMIC FRAMEWORK > 9102 Microeconomics > 910208 Micro Labour Market Issues @ 50%
91 ECONOMIC FRAMEWORK > 9101 Macroeconomics > 910107 Macro Labour Market Issues @ 50%
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