Rosholm, Michael; Svarer, Michael - In: Scandinavian Journal of Economics 110 (2008) 2, pp. 385-401
In this paper, we estimate the threat effect of active labour market programmes (ALMPs) for a sample of unemployed men in Denmark. Threat effects of such programmes capture the impacts of a system of ALMPs prior to actual participation. Rational economic agents make search decisions based on the...