Free DP Download 14 February 2019: A Field Experiment on Labor Market Speeddates for Unemployed Workers

Thursday, February 14, 2019

A Field Experiment on Labor Market Speeddates for Unemployed Workers
Bas van der Klaauw and Lennart Ziegler 
CEPR DP No. 13516 | 8 February 2019

‘Speed dates’, in which, unemployed workers meet temporary employment agencies, can have an immediate positive impact on their job finding, according to new CEPR research. But the results of the field experiment to evaluate the effectiveness of such labour market initiatives indicate that the employment effects of participation subsequently diminish. This suggests that vacancies mediated through temporary employment agencies have no long-lasting effect on employment prospects.

The study finds that while the intervention is cost-effective for the unemployment benefits administration, the higher labour earnings of jobseekers who go on speed dates do not fully compensate for the decline in benefit payments. Additional survey evidence shows that participation in speed dates increases job search motivation and reduces reservation wages.

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