TY  - RPRT
        AU  - Saint-Paul, Gilles
        TI  - Can Active Labor Market Policy Be Counter-Productive?
        PY  - 2014/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8551
        UR  - https://www.iza.org/index.php/publications/dp8551
        AB  - We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search. Workers differ in their productivity, and search takes place along an extensive margin. An additional job seeker affects the quality of unemployed workers. As a result, the Hosios conditions are no longer valid. To replicate the optimum the worker share in bargaining must exceed the Hosios level, and one must impose a tax on job search activity. The coalition in favor of ALMP is also studied.
        KW  - active labor market policy
KW  - matching models
        ER  -