INNOVATION POLICY AND INNOVATION MANAGEMENT
Evaluation of formal education active labor market policy programs in slovenia with propensity score matching
In this paper, we evaluate the formal education active labor market policy programs in Slovenia during the great recession. The quasi-experimental method of propensity score matching is applied. Performance of active labor market policy programs is typically measured with the average treatment effect on the treated. In the short term, the programs do not reduce unemployment and are characterized by a high dropout rate or a high percentage of unsuccessful completions due to some problematic target groups.