The paper studies the causal impact of participation in an active labor market program – the ‘Beautiful Serbia’ program providing training and temporary work in the construction sector in Serbia and Montenegro – on measures of subjective well-being approximating individual welfare. According to our estimates, the positive impact of this particular program appears much stronger judged by subjective well-being than judged by the immediate labor market effect.

Bonin, Holger und U. Rinne (2006), Beautiful Serbia, IZA Discussion Paper No. 2533. Download

Autoren

Bonin, Holger
Rinne, U.

Schlagworte

subjective well-being, program evaluation, Serbia and Montenegro