Labor market policy evaluation in equilibrium: some lessons of the job search and matching model
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...
Barbanchon, Thomas Le
|Place of publication:||
Bonn Institute for the Study of Labor (IZA) 2008
|published in:||IZA discussion papers Vol. 3687|
|Data of publication:||2008|
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