Addressing long-term unemployment in the aftermath of the fantastic Recession
Lawrence Katz, Kory Kroft, Fabian Lange, Matthew Notowidigdo 03 December 2014
In the aftermath of the fantastic Recession, there remains numerous long-term unemployed across countries. This column argues that policies targeting the long-term unemployed, if effective, may have substantial benefits for the aggregate labour markets. However, proof the potency of active labour market policies varies across policies and populations. It really is, therefore, imperative to add an evaluative element of new and existing labour market policies.