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Direct and indirect effects of training vouchers for the unemployed

Huber, Martin ; Lechner, Michael ; Strittmatter, Anthony

(Working Papers SES ; 456)

This paper evaluates the effect of a voucher award system for assignment into vocational training on the employment outcomes of unemployed voucher recipients in Germany, along with the causal mechanisms through which it operates. It assesses the direct effect of voucher assignment net of actual redemption, which may be driven by preference shaping/learning about (possibilities of) human capital...