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%T The effectiveness of targeted wage subsidies for hard-to-place workers %A Jaenichen, Ursula %A Stephan, Gesine %P 37 %V 16/2007 %D 2007 %= 2012-05-29T12:52:00Z %~ USB Köln %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-325968 %U http://doku.iab.de/discussionpapers/2007/dp1607.pdf %X "Targeted wage subsidies paid to employers are an important element of active labour market policies in Germany. This paper uses propensity score matching to investigate their effect on subsidised hard-to-place workers. In a first scenario, we estimate the average treatment effect of a subsidy on previously unemployed individuals. A second scenario analyses the effects of a subsidy on employment probabilities conditional on takingup employment. The third scenario investigates the additional effect of a subsidy on individuals, who have participated in a short-term training measure beforehand. Summing up and in line with the literature, the results show that subsidies have a favourable effect on the employment prospects of participants." (author's abstract) %C DEU %C Nürnberg %G en %9 Arbeitspapier %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info