DO ACTIVE LABOUR MARKET POLICIES INCREASE THE SUBJECTIVE WELL-BEING OF THE UNEMPLOYED? EVIDENCE FROM OECD COUNTRIES

• Authors: Sahnoun Marwa , Abdennadher Chokri
• Languages of publication: EN

Abstracts

EN

The employment policies, whether preventive or curative, arouse the interest of policy makers in the OECD countries. These policies are mainly concerned with the economy of labour market, but they are not detachable from the reference to the health economy in its social and psychological dimension. Using different estimates (OLS, FE, GMM system), we found evidence that Active Labour Market Policies (ALMPs) have the strongest impact on the subjective well-being of the unemployed. Examination of the different types of ALMP reveals heterogeneity; programs of incentive employment, start-up incentives and training have been most effective in improving the well-being of the unemployed compared to those of direct job creation and supported employment and rehabilitation. Then, we propose some policy recommendations by emphasizing the disposition of the subjective well-being approach in the design, implementation and evaluation of ALMPs.

Keywords

EN

ACTIVE LABOUR MARKET POLICIES; WELL-BEING; OECD

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2021
• Volume: 69
• Issue: 5
• Pages: 447 - 471

Contributors

author

Sahnoun Marwa

• University of Sfax, Faculty of Economics and Management, Unit of Research C.O.D.E.C.I, Airport Road Km 4, Sfax 3018, Tunisia

author

Abdennadher Chokri

Identifiers

DOI

https://doi.org/10.31577/ekoncas.2021.05.01