It takes the average reader and 31 minutes to read Do Active Labor Market Policies Increase Employment? by Mr.Marcello M. Estevão
Assuming a reading speed of 250 words per minute. Learn more
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
Do Active Labor Market Policies Increase Employment? by Mr.Marcello M. Estevão is 31 pages long, and a total of 7,781 words.
This makes it 10% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Do Active Labor Market Policies Increase Employment? aloud.
Do Active Labor Market Policies Increase Employment? is suitable for students ages 8 and up.
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