Understanding what works for active labour market policies

From VOX post by Eduardo Levy Yeyati, Martín Montané, and Luca Sartorio:

“Governments around the world spend a large portion of their budgets on active labour market policies aimed at improving access to new jobs and higher wages. This column presents the first systematic review of 102 experimental interventions comprising a total of 652 estimated impacts. It finds that programmes are more likely to yield positive results when GDP growth is higher and unemployment lower, and that programmes aimed at building human capital show significant positive impact.”

Continue reading here.

Posted by at 2:19 PM

Labels: Inclusive Growth

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