Better together: Active and passive labor market policies in developed and developing economies

We investigate the macroeconomic impact of public expenditure in active labor market policies (ALMPs) and passive labor market policies (PLMPs) on main employment indicators (i.e., unemployment, employment, and labor force participation) for a large and novel panel database of 121 countries (36 deve...

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Main Authors:	Pignatti Clemente, Van Belle Eva
Format:	article
Language:	EN
Published:	Sciendo 2021
Subjects:	developing countries evaluation labor economics public policy welfare state j08 labor economics policies e24 employment unemployment wages intergenerational income distribution aggregate human capital aggregate labor productivity o1 economic development Colonies and colonization. Emigration and immigration. International migration JV1-9480 City population. Including children in cities, immigration HT201-221
Online Access:	https://doaj.org/article/9965242a5fda4c6b81a03fb0f0432902
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spelling	oai:doaj.org-article:9965242a5fda4c6b81a03fb0f04329022021-12-05T14:11:08ZBetter together: Active and passive labor market policies in developed and developing economies2520-178610.2478/izajodm-2021-0009https://doaj.org/article/9965242a5fda4c6b81a03fb0f04329022021-07-01T00:00:00Zhttps://doi.org/10.2478/izajodm-2021-0009https://doaj.org/toc/2520-1786We investigate the macroeconomic impact of public expenditure in active labor market policies (ALMPs) and passive labor market policies (PLMPs) on main employment indicators (i.e., unemployment, employment, and labor force participation) for a large and novel panel database of 121 countries (36 developed, 64 emerging and 21 developing economies). Compared to previous studies, we include for the first time evidence from developing and emerging economies and explicitly examine the possible presence of complementarities between active and passive policies. We find that the interaction between interventions is crucial, as the effect of spending in either of the two policies is more favorable the more is spent on the other. Even the detrimental labor market effects of passive policies disappear on the condition that sufficient amounts are spent on active interventions. This complementarity seems even more important for emerging and developing economies.Pignatti ClementeVan Belle EvaSciendoarticledeveloping countriesevaluationlabor economicspublic policywelfare statej08 labor economics policiese24 employmentunemploymentwagesintergenerational income distributionaggregate human capitalaggregate labor productivityo1 economic developmentColonies and colonization. Emigration and immigration. International migrationJV1-9480City population. Including children in cities, immigrationHT201-221ENIZA Journal of Development and Migration, Vol 12, Iss 1, Pp 742-755 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	developing countries evaluation labor economics public policy welfare state j08 labor economics policies e24 employment unemployment wages intergenerational income distribution aggregate human capital aggregate labor productivity o1 economic development Colonies and colonization. Emigration and immigration. International migration JV1-9480 City population. Including children in cities, immigration HT201-221
spellingShingle	developing countries evaluation labor economics public policy welfare state j08 labor economics policies e24 employment unemployment wages intergenerational income distribution aggregate human capital aggregate labor productivity o1 economic development Colonies and colonization. Emigration and immigration. International migration JV1-9480 City population. Including children in cities, immigration HT201-221 Pignatti Clemente Van Belle Eva Better together: Active and passive labor market policies in developed and developing economies
description	We investigate the macroeconomic impact of public expenditure in active labor market policies (ALMPs) and passive labor market policies (PLMPs) on main employment indicators (i.e., unemployment, employment, and labor force participation) for a large and novel panel database of 121 countries (36 developed, 64 emerging and 21 developing economies). Compared to previous studies, we include for the first time evidence from developing and emerging economies and explicitly examine the possible presence of complementarities between active and passive policies. We find that the interaction between interventions is crucial, as the effect of spending in either of the two policies is more favorable the more is spent on the other. Even the detrimental labor market effects of passive policies disappear on the condition that sufficient amounts are spent on active interventions. This complementarity seems even more important for emerging and developing economies.
format	article
author	Pignatti Clemente Van Belle Eva
author_facet	Pignatti Clemente Van Belle Eva
author_sort	Pignatti Clemente
title	Better together: Active and passive labor market policies in developed and developing economies
title_short	Better together: Active and passive labor market policies in developed and developing economies
title_full	Better together: Active and passive labor market policies in developed and developing economies
title_fullStr	Better together: Active and passive labor market policies in developed and developing economies
title_full_unstemmed	Better together: Active and passive labor market policies in developed and developing economies
title_sort	better together: active and passive labor market policies in developed and developing economies
publisher	Sciendo
publishDate	2021
url	https://doaj.org/article/9965242a5fda4c6b81a03fb0f0432902
work_keys_str_mv	AT pignatticlemente bettertogetheractiveandpassivelabormarketpoliciesindevelopedanddevelopingeconomies AT vanbelleeva bettertogetheractiveandpassivelabormarketpoliciesindevelopedanddevelopingeconomies
_version_	1718371374767013888

Better together: Active and passive labor market policies in developed and developing economies

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