| Tekijä: | Cockx, B. Linden, B. Van der Karaa, A. |
| Otsikko: | Active labour market policies and job tenure |
| Lehti: | Oxford Economic Papers
1998 : OCT, VOL. 50:4, p. 685-708 |
| Asiasana: | Labour markets Policy Training Work |
| Kieli: | eng |
| Tiivistelmä: | In the paper, the effect of subsidised on-the-job training, training for the unemployed and pure wage subsidies on job tenure are studied. Correcting for selection biases, it is found that each of the labour market policies increases the length of job tenure. Despite the sensitivity of the estimates to the parametric assumptions with respect to the unobservables, the effect of subsidised on-the-job training schemes is always found to be significantly positive. Training programs for the unemployed and pure wage subsidies always have a positive, but statistically non-significant effect. The results of the paper provide some support for human capital theories as opposed to matching theories. |
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