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...

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Bibliographic details
Main Author: Le Barbanchon, Thomas
Cahuc, Pierre
Format: Paper
Language: English
Place of publication: 01.09.2008
Related: Institute for the Study of Labor (IZA)
Data of publication: 2008/09
Series: IZA Discussion Papers
Online Access: available in Bonn?
Database: RePEc IDEAS
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