@TechReport{iza:izadps:dp2121,
            	author={Fitzenberger, Bernd and Osikominu, Aderonke and Völter, Robert},
            	title={Get Training or Wait? Long-Run Employment Effects of Training Programs for the Unemployed in West Germany},
            	year={2006},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2121},
            	url={https://www.iza.org/publications/dp2121},
	abstract={Long-term public sector sponsored training programs often show little or negative short-run employment effects and often it is not possible to assess whether positive long-run effects exist. Based on unique administrative data, this paper estimates the long-run differential employment effects of three different types of training programs in West Germany. We use inflows into unemployment for the years 1986/87 and 1993/94 and apply local linear matching based on the estimated propensity score to estimate the effects of training programs starting during 1 to 2, 3 to 4, and 5 to 8 quarters of unemployment. The results show a negative lock-in effect for the period right after the beginning of the program and significantly positive treatment effects on employment rates in the medium- and long-run. The differential effects of the three programs compared to one another are mainly driven by differences in the length of the lock-in periods.},
	keywords={administrative data;local linear matching;employment effects;training programs;multiple treatments;active labor market programs},
            }