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| Author: | Rosholm, M. Svarer, M. |
| Title: | The threat effect of active labour market programmes |
| Journal: | Scandinavian Journal of Economics
2008 : VOL. 110:2, p. 385-401 |
| Index terms: | employment policy job search labour markets Denmark |
| Freeterms: | threat effect |
| Language: | eng |
| Abstract: | Here, the threat effect of active labour market programmes (ALMPs) is estimated for a sample of unemployed men in Denmark. Threat effects of such programmes capture the impacts of a system of ALMPs prior to actual participation. Rational economic agents make search decisions based on the expected discounted value of unemployment, and the perceived risk of future participation in programmes may affect job-search behaviour early in the unemployment spell. |
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