Estevão, Marcello M. - International Monetary Fund (IMF) - 2003
variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates …Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment … rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic …