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A simultaneous-equation model of active labour market policies and change in unemployment rate: evidence from OECD countries
Policy Studies ( IF 2.2 ) Pub Date : 2020-04-21 , DOI: 10.1080/01442872.2020.1754384
Marwa Sahnoun 1 , Chokri Abdennadher 1
Affiliation  

ABSTRACT

The purpose of this article is to investigate the nexus between Active Labour Market Policies (ALMP) and change in unemployment rate. A dynamic simultaneous-equation panel data models have been applied to 16 OECD countries studied over the 2000–2015 period. Our results indicate that the ALMP expenditure leads to the reduction of the change in unemployment. The ALMPs appear to be efficient in reducing the unemployment rate in these countries. Besides, any increase of the change in unemployment rate leads to the decrease of the ALMP expenditure. This occurs in connection to the high costs of the active spending during periods of recession and to the pressure it makes to provide a continuous income to the unemployed through unemployment benefits.



中文翻译:

积极劳动力市场政策和失业率变化的同步方程模型:来自经合组织国家的证据

摘要

本文的目的是调查积极劳动力市场政策 (ALMP) 与失业率变化之间的关系。动态同步方程面板数据模型已应用于 2000-2015 年期间研究的 16 个经合组织国家。我们的结果表明,ALMP 支出导致失业率变化的减少。ALMP 在降低这些国家的失业率方面似乎是有效的。此外,失业率变化的任何增加都会导致ALMP支出减少。这与经济衰退期间积极支出的高成本以及通过失业救济为失业者提供持续收入所造成的压力有关。

更新日期:2020-04-21
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