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Employability programs and labour market performance
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DOI：10.1016/j.heliyon.2026.e45129.png)
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Abstract
En 中文
• Increased participation in employability programs improves labour market performance. • Higher replacement rate in unemployment rises the productivity and wages of workers who have participated in employability programs. • Employability program relies on a delicate balance between generous transfers and investment in training. • The most flexible markets record the highest productivity gains at the cost of increased polarization. • Policies that are excessively generous in terms of replacement rate or excessively competitive accentuate structural imbalances between labour market segments.
Keywords:
Employability
Matching
Productivity
Unemployment benefits
J64
J65
J68
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