@TechReport{iza:izadps:dp8551,
            	author={Saint-Paul, Gilles},
            	title={Can Active Labor Market Policy Be Counter-Productive?},
            	year={2014},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={8551},
            	url={https://www.iza.org/publications/dp8551},
	abstract={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 As a result, the Hosios conditions are no longer valid.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.},
	keywords={active labor market policy;matching models},
            }