Macroeconomic Analysis and Empirical Evaluation of Active Labour Market Policies in Serbia

Zubović, Jovan and Domazet, Ivana and Malović, Marko and Ognjenović, Kosovka and Bradić-Martinović, Aleksandra and Beraha, Isidora and Stevanović, Slavica and Jelača, Ana and Stefanović, Saša and Pržulj, Živka and Đuričin, Sonja and Đuretanović, Milan (2012) Macroeconomic Analysis and Empirical Evaluation of Active Labour Market Policies in Serbia. [Study]

Study description

Governmental interventions against falling employment and rising unemployment rates, among others, include Active Labour Market Policies (ALMP). The evaluation of their economic impact is a widely discussed topic by academics for several decades. Modern improved databases and statistical software facilitate more precise analyses and evaluations of economic impact they create. According to theoretical concepts, it can be expected that active labour market policies can break down structural unemployment through the implementation of such public policies that are efficient in matching jobs, or by supporting the reintegration of unemployed and socially-excluded individuals from the labour market. In the context of the Serbian legal framework, active labour market policies were introduced via legislation in 2003. It became the base for the development of different kinds of active labour market measures and aided in planning the annual budgets for their implementation. Even if it became a sort of obligation of the National Employment Services’ (NES) activities, active labour market measures would be implemented on an ad-hoc basis. Most active labour market measures were introduced through international donor support for employment promotions. Unfortunately, the follow-up system for the monitoring and evaluation of active labour market measures was absent. The research community carried out several evaluations, but these evaluations were not focused on supporting the annual planning of expenditures for the implementation of active labour market policies. Main objectives were: - Macroeconomic evaluation of the effects of Active Labour Market Policies in Serbia, with focus on its effects on youth and women; - Estimation of the effects on unemployment from the matching process; - Value calculation of increased competitiveness created as a result of the increased value of human capital in the Labour Market. Active Labour Market Policies (especially in training programs) are expected to improve the skills of the participants, i.e., to make the participants more competitive; - Value estimation of increased productivity. Active Labour Market Policies programs that improve participant skills or serve as a substitute for work experience can be expected to improve or maintain participant productivity.

Keywords:	youth labour market, female labour market, active labor measure policy, matching model, evaluation
Depositing User:	Jelena Banovic
Date Deposited:	22 Oct 2019 12:39
Last Modified:	22 Oct 2019 12:39
URI:	http://dcs.ien.bg.ac.rs/id/eprint/45
Additional details Additional details Alternative title: Makroekonomska analiza i empirijska evaluacija aktivnih mera na tržištu zapošljavanja u Srbiji Creators: Creators Email Zubović, Jovan jovan.zubovic@ien.bg.ac.rs Domazet, Ivana UNSPECIFIED Malović, Marko UNSPECIFIED Ognjenović, Kosovka UNSPECIFIED Bradić-Martinović, Aleksandra UNSPECIFIED Beraha, Isidora UNSPECIFIED Stevanović, Slavica UNSPECIFIED Jelača, Ana UNSPECIFIED Stefanović, Saša UNSPECIFIED Pržulj, Živka UNSPECIFIED Đuričin, Sonja UNSPECIFIED Đuretanović, Milan UNSPECIFIED Type of data: secondary data Study period: From To 1 July 2010 30 June 2012 Temporal coverage: From To 2011 2012 Date: 18 August 2012 Geographic coverage: Serbia Study method: In the first project year, from the beginning of 2008 to 2009, the research team have analysed the effects of ALMP on the entire population of registered persons at NES (over 800,000) without using econometric models to prove causality of the effects. In order to make results more robust, researchers determined that it was necessary to enrich the methodology through the creation of a valid control group on which to perform matching tests in order to reveal the exact effects incurred through investments in ALMP in Serbia, that which was completed in the second year of project implementation. Moreover, the research tean aimed to implement in-depth research on the effectiveness of ALMP in Serbia on two of the largest vulnerable groups—females and youths. Research is based on the methodology introduced in the first year of the project and has been adjusted to the targeted sample groups. In addition, by the means of econometric tools we evaluated, we determined the different effects of targeted policies on women and youths as compared to the general Serbian labour market. Resource language: Serbian Metadata language: Serbian Publisher: UK Data Archive Copyright holders: RRPP Contact email address: jovan.zubovic@ien.bg.ac.rs Last Modified: 22 Oct 2019 12:39