The Effects of Expenditures for Labour Market Policy on Unemployment Rate

Abstract

Background: Labour market policy aims to fight against unemployment and to raise employment. With this study we attempt to contribute to the evidence of the effectiveness of active labour market policy.

Keywords

• labour market policies
• effectiveness
• microeconometric estimation
• macroeconometric estimation
• labour market
• unemployment rate
• european union
• c21
• j64
• j68