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THE BASIC ANALYTICAL FRAMEWORK
THE NET EFFECT OF ACTIVE LABOUR MARKET PROGRAMMES
WHAT CAN WE EXPECT FROM ACTIVE LABOUR MARKET POLICY?
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active labour market active programmes aggregate analysis Beveridge curve Calmfors 1993a Calmfors and Nymoen compensation levels cross-country CRUCIAL DESIGN FEATURES curve in Diagram deadweight and substitution deadweight losses discussed in Section effects of active employers employment effects employment schedule equilibrium estimated expenditures on active force in programmes framework Grubb Heylen incentives increase regular employment job applicants job creation schemes job search assistance labour demand labour force labour market policy labour market programmes labour market training Layard long-term unemployed long-term unemployment matching process measures Nordic countries number of job number of programme OECD OECD COUNTRIES openly unemployed participants in programmes percentage points programme expenditures proportion re-employment probabilities real consumption wage real product wage real wage regular job returns to scale risk schedule in Diagram search effectiveness sector shift substitution effects Sweden Swedish tax wedge training programmes unemployment and programme unemployment benefits unemployment rate vacancies wage equation wage-setting schedule welfare losses work-test effect workers