In recent years, microeconometrics experienced the "credibility revolution", culminating in the 2021 Nobel prices for David Card, Josh Angrist, and Guido Imbens. This "revolution" in how to do empirical work led to more reliable empirical knowledge of the causal effects of certain public...

Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers older than 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on...