Template-type: ReDif-Paper 1.0
Author-Name: Gerards Ruud 
Author-Name: Muysken Joan 
Author-Name: Welters Ricardo 
Author-workplace-name: METEOR
Title: Active labor market policy by a profit maximizing firm
Abstract: This paper investigates the effectiveness of an employment program exclusively run by and in a private sector firm, in order to find out whether a private program without cream-skimming can be beneficial to (a) the individual private firm and (b) society at large by outperforming public employment programs. To answer these questions, we use a unique dataset on a private employment program covering 27 years of operations and a thousand participating unemployed. Using conservative estimates, we show that a private employment program is more effective at re-integrating the unemployed than public efforts, whilst providing tangible benefits to the involved firm.
Keywords: labour economics ; 
Series: Research Memoranda
Creation-Date: 2010
Number: 041
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:296edca5-8c05-4065-8aaa-9f02ca981f98/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 637701
Handle: RePEc:unm:umamet:2010041