English, Article, Journal or magazine article edition: Labor Market Policy Evaluation in Equilibrium: Some Lessons of the Job Search and Matching Model Pierre Cahuc; Thomas Le Barbanchon

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Bookmark: http://trove.nla.gov.au/version/122773
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Labor Market Policy Evaluation in Equilibrium: Some Lessons of the Job Search and Matching Model
Author
  • Pierre Cahuc
  • Thomas Le Barbanchon
Physical Description
  • preprint
Notes
  • We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns out that neglecting equilibrium effects induced by counseling can lead to wrong conclusions. In particular, counseling can increase steady state unemployment although counseled job seekers exit unemployment at a higher rate than the noncounseled. Dynamic analysis shows that permanent and transitory policies can have effects of opposite sign on unemployment.
  • evaluation, equilibrium effect, labor market policy
  • RePEc:hal:wpaper:hal-00396295_v1
Language
  • English
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