Microeconometric Evaluation of Labour Market Policies (Lecture Notes in Economics and Mathematical Systems, 568)

The evaluation of labour market and other public policies has become increasingly important in recent years. In an era of tight government budgets, a thorough analysis of these measures is imperative. This book provides a comprehensive overview and assessment of the most relevant microeconometric evaluation methods. It focuses on the popular propensity score matching method and gives extensive guidance for its implementation. In the second part of the book, this method is used to evaluate the employment effects of job creation schemes on the participating individuals in Germany. Based on a large administrative dataset of over 11,000 participants, the study allows to draw policy-relevant conclusions for the first time. Preliminaries......Page 2 Preface......Page 6 Contents......Page 7 1 Introduction in Programme Evaluation......Page 24 2 The Evaluation of Policy Interventions with Matching Estimators......Page 58 3 Some Practical Guidance for the Implementation of Propensity Score Matching Estimators......Page 86 4 The German Labour Market and Active Labour Market Policies - A Brief Overview......Page 114 5 Microeconometric Evaluation of Job Creation Schemes......Page 142 6 Microeconometric Evaluation of Job Creation Schemes......Page 176 7 Conclusions and Outlook......Page 198 A Additional Material to Chapter 4......Page 204 B Additional Material to Chapter 5......Page 208 C Additional Material to Chapter 6......Page 234 List of Tables......Page 254 List of Figures......Page 258 References......Page 260 Provides an overview of the microeconometric evaluation methods for evaluation of labour market and other public policies. This book focuses on the propensity score matching method and gives guidance for its implementation. It uses this method to evaluate the employment effects of job creation schemes on the participating individuals in Germany. Marco Caliendo. Thesis (ph.d.)--universität, Frankfurt, 2005. Includes Bibliographical References (p. [245]-258).