Journal of Economic Theory and Econometrics: Journal of the Korean Econometric Society
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Journal of Economic Theory and Econometrics
JETEM/계량경제학보/計量經濟學報/JKES
Journal of the Korean Econometric Society

Heterogeneous Effects of Korea's National Employment Support Program

Vol.37, No.3, September , 43–71



  •   (Korea University of Technology and Education)

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Abstract  

This paper investigates the heterogeneous treatment effects of employment services in Korea, the National Employment Support Program. The empirical analysis reveals substantial heterogeneity in program effects. In particular, positive employment effects are salient among younger individuals, women, and those with relatively limited work experience. Furthermore, the analysis of optimal treatment assignment demonstrates that selectively targeting individuals yields efficiency gains relative to uniform service provision. Overall, the findings highlight the limitations of a one-size-fits-all approach to employment services and provide empirical support for data-driven targeting based on heterogeneous treatment effects.


Keywords
   Treatment effect heterogeneity, individualized treatment rule.

JEL classification codes
   C21, C45, J68, J64.
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