Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis
Due to the financial crisis and the increase in the unemployment rate, active labour market policy (ALMP) inevitably returned to the forefront with its “activation strategy”. The research challenge of the article is analysing the effectiveness of ALMP in the period 2007-2013. The methodology of the...
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| Format: | Article |
| Language: | English |
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University of Ljubljana Press (Založba Univerze v Ljubljani)
2018-05-01
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| Series: | Central European Public Administration Review |
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| Online Access: | https://journals.uni-lj.si/CEPAR/article/view/20490 |
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| _version_ | 1832591493410324480 |
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| author | Lucija Cerar Godec Jože Benčina |
| author_facet | Lucija Cerar Godec Jože Benčina |
| author_sort | Lucija Cerar Godec |
| collection | DOAJ |
| description |
Due to the financial crisis and the increase in the unemployment rate, active labour market policy (ALMP) inevitably returned to the forefront with its “activation strategy”. The research challenge of the article is analysing the effectiveness of ALMP in the period 2007-2013. The methodology of the work is panel regression with fixed effects estimation. The model estimates the effect of the two largest programs of the ALMP, Training and Employment Incentives, on Employment Rate, considering six additional control variables with potential effect on the labour market. The results demonstrate a positive impact of the Training program on the Employment Rate even in the time of crisis. In contrast, the Employment Incentives program had, along with Passive Labour Market Policy (PLMP), a somewhat negative impact on Employment Rate. The findings provide an insight into the nature of ALMP's implementation during the financial crisis. While the training programs keep their active nature, the employment incentives become reactive and to a certain degree act as a measure of PLMP.
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| format | Article |
| id | doaj-art-12e0266fa91d4471a062ee866d42abf7 |
| institution | Kabale University |
| issn | 2591-2240 2591-2259 |
| language | English |
| publishDate | 2018-05-01 |
| publisher | University of Ljubljana Press (Založba Univerze v Ljubljani) |
| record_format | Article |
| series | Central European Public Administration Review |
| spelling | doaj-art-12e0266fa91d4471a062ee866d42abf72025-01-22T10:51:46ZengUniversity of Ljubljana Press (Založba Univerze v Ljubljani)Central European Public Administration Review2591-22402591-22592018-05-0116110.17573/cepar.v16i1.356Impact of Active Labour Market Policy Programs on Employment in the EU During the CrisisLucija Cerar Godec0Jože Benčina1CenejeUniversity of Ljubljana, Faculty of Administration Due to the financial crisis and the increase in the unemployment rate, active labour market policy (ALMP) inevitably returned to the forefront with its “activation strategy”. The research challenge of the article is analysing the effectiveness of ALMP in the period 2007-2013. The methodology of the work is panel regression with fixed effects estimation. The model estimates the effect of the two largest programs of the ALMP, Training and Employment Incentives, on Employment Rate, considering six additional control variables with potential effect on the labour market. The results demonstrate a positive impact of the Training program on the Employment Rate even in the time of crisis. In contrast, the Employment Incentives program had, along with Passive Labour Market Policy (PLMP), a somewhat negative impact on Employment Rate. The findings provide an insight into the nature of ALMP's implementation during the financial crisis. While the training programs keep their active nature, the employment incentives become reactive and to a certain degree act as a measure of PLMP. https://journals.uni-lj.si/CEPAR/article/view/20490effectivenessEmployment Incentives programemployment ratefinancial crisisTraining programunemployment |
| spellingShingle | Lucija Cerar Godec Jože Benčina Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis Central European Public Administration Review effectiveness Employment Incentives program employment rate financial crisis Training program unemployment |
| title | Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis |
| title_full | Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis |
| title_fullStr | Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis |
| title_full_unstemmed | Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis |
| title_short | Impact of Active Labour Market Policy Programs on Employment in the EU During the Crisis |
| title_sort | impact of active labour market policy programs on employment in the eu during the crisis |
| topic | effectiveness Employment Incentives program employment rate financial crisis Training program unemployment |
| url | https://journals.uni-lj.si/CEPAR/article/view/20490 |
| work_keys_str_mv | AT lucijacerargodec impactofactivelabourmarketpolicyprogramsonemploymentintheeuduringthecrisis AT jozebencina impactofactivelabourmarketpolicyprogramsonemploymentintheeuduringthecrisis |