Title: Job Search Institutions and Job Match Quality
Abstract: We examine empirically the impacts of time-limited unemployment insurance (UI) and active labor market programs (ALMP) on the duration and outcome of job search. We find that time invested in job search normally pays off in the form of higher earnings once a job match is formed. But jobs accepted close to UI exhaustion are of significantly lower quality than jobs accepted earlier in the search process. Participation in ALMP raises the probability of eventually finding a job as well as the level of expected earnings, but at the cost of lengthening job search. The programs are cost-effective under realistic assumptions regarding the value of within-program production.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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Cited By Count: 2
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