Does comprehensive education work for the long-term unemployed?

Stenberg, Anders; Westerlund, Olle

doi:10.1016/j.labeco.2006.11.005

Cited by 51 publications

(43 citation statements)

References 12 publications

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“…• First, intensive (re)training programs designed for laid-off workers have positive effects not only their subsequent wages (see, for instance, Jacobson et al, 2005, andStenberg andWesterlund, 2008), but also on their employment rates, and especially on their employment rate in regular jobs (with long-term labour contracts); • Second, these programs, like some other active labour market programs (see, for instance, Lechner, 2004, Jespersen et al, 2008, and Fitzenberger et al, 2009 other examples), have medium-and long-run effects on the employment rate of trainees.…”

Section: Discussionmentioning

confidence: 99%

“…For instance, in a recent study, Stenberg and Westerlund (2008) have evaluated the effects of comprehensive adult education on wage earnings of Swedish long-term unemployed. Their estimates, obtained with propensity score matching techniques, suggest that more than one semester of study results in substantial increases in post program annual earnings for both males and females.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Like in previous studies using matching techniques for the evaluation of ALMPs (see, for instance, Lechner et al, 2005, Sianesi, 2008, Stenberg and Westerlund, 2008 11 Unfortunately, we have no information on the market value of the firm (like its profit or its market share). However, to control for the remaining differences in terms of unemployment rate and of labour demand across these eight labour markets, we take into account the value of the unemployment/vacancy ratio U/V defined as the number of unemployed persons divided by the number of vacant jobs in the local labour market where the individual lives.…”

Section: Validity Of the Matching Proceduresmentioning

confidence: 99%

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Estimating the effect of a retraining program on the re-employment rate of displaced workers

2010

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. www.econstor.eu The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. Terms of use: Documents in D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. ABSTRACT Estimating the Effect of a Retraining Program on the Re-Employment Rate of Displaced WorkersIn this paper we estimate by matching techniques the effects of a French retraining program on the reemployment rate of displaced workers. This program, called "Conventions de conversion", was intended to improve reemployment prospects of displaced workers by proposing them retraining and job seeking assistance for a period of six months beginning just after the dismissal. Our empirical analysis is based upon non-experimental data collected by the French Ministry of Labour. Matching estimates show that this program succeeded in increasing the employment rate of trainees by approximately 6 points of percentage in the medium-term, namely in the second and third years after the date of entry into the program. This improvement is essentially due to an increase of their reemployment rate in regular jobs, namely jobs under long-term labour contracts.JEL Classification: C41, J24, J64, J68

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Section: Discussionmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Validity Of the Matching Proceduresmentioning

confidence: 99%

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Estimating the effect of a retraining program on the re-employment rate of displaced workers

2010

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“…5 Employment effects may reveal themselves earlier than wage effects if the wage setting institutions do not allow for swift wage adjustments. 6 In a more recent study, Stenberg and Westerlund (2006) use data for the period 1993 through 2003 and find that the annual earnings effects for participants is significantly positive if the length of stay in KL exceeds one semester.…”

Section: Simulation Of Klmentioning

confidence: 99%

The aggregate labor market effects of the Swedish Knowledge Lift program

Albrecht

Berg

Vroman

2009

Review of Economic Dynamics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in The Aggregate Labor Market Effects of the Swedish Knowledge Lift ProgramJames Albrecht Gerard J. van den Berg Susan Vroman The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit company supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. [1997][1998][1999][2000][2001][2002] was unprecedented in its size and scope, aiming to raise the skill level of large numbers of lowskill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done by calibrating an equilibrium search model with heterogeneous worker skills using pre-program data and then forecasting the program impacts. We compare the forecasts to observed aggregate labor market outcomes after termination of the program.JEL Classification: J21, J64, J31, J24, I21, C31

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“…In addition, extending the earlier versions of the human capital model to include factors like changes in information, relative wages, preferences, health and/or borrowing constraints (Altonji, 1993, Iwahashi, 2004, Killingsworth, 1982, Monks, 1998, Sjögren and Sällström, 2004, Wallace and Ihnen, 1975, Weiss, 1971, it is possible that the returns to education do not fall monotonically with age and that the optimal timing of substantial investments in education will occur at a fairly late stage in the life cycle. Several empirical studies have found that the earnings returns of education among individuals above age 40 are comparable to those of younger age groups (Jacobson et al, 2005a, 2005b, Stenberg and Westerlund, 2008). 2 However, increased earnings have theoretically ambiguous implications for the timing of retirement.…”

Section: Introductionmentioning

confidence: 99%