Labor market policy evaluation in equilibrium: Some lessons of the job search and matching model

Cahuc, Pierre; Barbanchon, Thomas Le

doi:10.1016/j.labeco.2009.08.012

Cited by 47 publications

(26 citation statements)

References 16 publications

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“…The results from the empirical evaluation in which outcomes of participants and nonparticipants are compared are then only relevant at the observed treatment intensity. Cahuc and Le Barbanchon (2010) show within a theoretical equilibrium search model that neglecting equilibrium effects can lead to wrong conclusions regarding the effectiveness of the program. Albrecht et al (2009), Blundell et al (2004) and Ferracci et al (2010) show empirically that spillover effects of various labor market policies can be quite sizable and Lise et al (2004) find that the conclusion from a cost-benefit evaluation is reversed when taking account of equilibrium effects.…”

Section: Introductionmentioning

confidence: 98%

Estimating Equilibrium Effects of Job Search Assistance

Gautier

Müller

Klaauw

et al. 2018

Journal of Labor Economics

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Section: Introductionmentioning

confidence: 98%

Estimating Equilibrium Effects of Job Search Assistance

Gautier

Müller

Klaauw

et al. 2018

Journal of Labor Economics

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“…One of the rare papers that have used search models to evaluate labor market policy in Europe is Cahuc and Le Barbanchon (2010). The authors calibrated the model to the French economy and examined the impact of counseling policies on the unemployment rate both in equilibrium and during the transitory period.…”

Section: Literature Reviewmentioning

confidence: 99%

Job Placement Agencies in an Artificial Labor Market

Woźniak

2016

Economics

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In this paper, an agent-based search and matching (ABSAM) model of a local labor market with heterogeneous agents and an on-the-job search is developed, i.e. job seekers who vary in unemployment duration, skills levels and preferences compete for vacancies which differ for skills demands and the sector of the economy. Job placement agencies help unemployed persons find appropriate job vacancies by improving their search effectiveness and by sharing job advertisements. These agents cooperate in an artificial labor market where the key economic conditions are imposed. The interactions between the participants are drawn directly from labor market search theory. The main research task was to measure the direct and indirect impacts of labor market policies on labor market outcomes. The global parameters of the ABSAM model were calibrated with the Latin hypercube sampling technique for one of the largest urban areas in Poland. To study the impact of parameters on model output, two global sensitivity analysis methods were used, i.e. Morris screening and Sobol indices. The results show that the job placement agencies' services, as well as minimum wage and unemployment benefits, considerably interact with and influence unemployment and longterm unemployment ratios, wage levels, duration of periods of unemployment, skills demand, and worker turnover. Moreover, strong indirect effects were detected, e.g. programs aimed at one group of job seekers affected other job seekers and the whole economy. This impacts are sometimes positive and sometimes negative. JEL C63 C69 J48 J63 J64

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“…As indicated by Zehner (2002), search frictions are no implausible assumption when regarding the market for coffee beans. In order to account for the fact that producers are heterogeneous in that they are either associated with an FT organisation or not, we use the extension of the basic search model introduced by Cahuc and LeBarbanchon (2008) with slight adaptations to the FT framework. 3 More precisely, we assume the following set-up.…”

Section: Introductionmentioning

confidence: 99%

“…3 In our framework, we replicate that FT labelled products sell at a higher price and producers' bargaining power is larger if associated with an FT organisation. In contrast, Cahuc and LeBarbanchon (2008), who observe a labour market equilibrium, account for a different job arrival rate for two separate groups of unemployed people, either benefiting or not from counselling services. charges generally driving the debate.…”

Section: Introductionmentioning

confidence: 99%

On the effects of fair trade on the welfare of the poor

Baumann

Oschinski

Stähler

2010

J of Intl Development

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Despite the rising importance of fair trade (FT), a relatively small amount of academic research has been done in this area so far. Advocates of FT claim that it will ultimately improve the living conditions of the poor. Opponents hold that it will worsen their situation. More often than not, public discussion is affected by dogmatic views, prejudices and emotional charges. This paper aims to contribute to an objective discussion of the topic. We present a matching model to analyse the welfare effects of FT in an agricultural market. Our results show that producers obtaining FT certification are better off. All others will lose if incentives for importers to enter the market decline.

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Labor market policy evaluation in equilibrium: Some lessons of the job search and matching model

Cited by 47 publications

References 16 publications

Estimating Equilibrium Effects of Job Search Assistance

Estimating Equilibrium Effects of Job Search Assistance

Job Placement Agencies in an Artificial Labor Market

On the effects of fair trade on the welfare of the poor

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