The paper compares the relative effectiveness of job placement vouchers and the contracting out of placement services. The results of the microeconometric analysis based on administrativ data indicate that placement vouchers have been more effective (put back into employment) than the contracting out of placement services.

Keywords

Arbeitsvermittlung, aktive Arbeitsmarktpolitik, Beauftragungen Dritter, Vermittlungsgutscheine, mikroökonometrische Evaluation