The Threat Effect of Active Labour Market Programmes*
研究了丹麦失业男性在参与积极劳动力市场项目前，因预期未来可能被强制参与而产生的威胁效应，发现该效应使平均失业时长缩短约两周半。
Abstract In this paper, we estimate the threat effect of active labour market programmes (ALMPs) for a sample of unemployed men in Denmark. Threat effects of such programmes capture the impacts of a system of ALMPs prior to actual participation. Rational economic agents make search decisions based on the expected discounted value of unemployment, and the perceived risk of future participation in programmes may affect job‐search behaviour early in the unemployment spell. We find a strong and significant threat effect, which is shown to reduce average unemployment duration by two and a half weeks.