The existence of heterogeneous effects indicates that, while job counseling can help many participants to improve their long-term outcomes, it may cause others to adopt less effective job search strategies and experience negative outcomes. 5/5

These findings indicate that the impact of job counseling may extend beyond short-term effects on individual employment and may cause substantial long-term benefits for participants, their families, and the government. 4/5

3) There is evidence of substantial heterogeneity. About 60% of participants had positive long-term employment effects and became less likely to lose homeownership & enter disability insurance. Others had negative long-term effects, causing some to enter disability insurance. 3/5

Key findings: 1) Job counseling increased participant employment & earnings in the 8-year follow-up and reduced short-term UI receipt. 2) Participants became more likely to maintain their homeownership, file Federal tax returns, and pay higher taxes in the 8-year follow-up. 2/5

In our paper with Dayanand Manoli & Ankur Patel, we use administrative tax data & machine learning to present experimental evidence on the long-term & heterogeneous effects of the Nevada REA job-counseling program during the Great Recession. 1/5 https://t.co/PV64ifpcAp

These findings support the view that, regardless of prevailing economic conditions, requiring UI claimants to receive job counselling at the start of their UI spells constitutes an effective reemployment policy and a good use of government funds. 5/5

We find no evidence that the positive effects of counselling for participants are partly due to indirect negative effects for nonparticipants. This suggests that offering counselling to a subset of the UI population does not reduce the employment prospects of nonparticipants. 4/5

Effects are due to two mechanisms: (1) early participant exits to avoid counselling (moral hazard) and (2) counselling helped participants to find jobs (services effects). Moral hazard appears more important in a tight market and services are more valuable during a recession. 3/5

We find that job counselling reduced UI spells and substantially increased reemployment rates and earnings in both periods. The UI savings caused by the job counselling program exceeded the average cost of providing services. 2/5

Our new working paper (with Peter Mueser) compares the effects of mandatory job counselling for US unemployment insurance (UI) claimants in the Great Recession vs. a period with a strong labor market. Read here: https://t.co/MIyrUk41jv See below a summary of key findings. 1/5

Our goal is to leverage this experience to help policymakers, government agencies, and program administrators in Cyprus and the EU to achieve their policy objectives. For more:

I proudly announce the establishment of @EconometricaCY, the first research organisation in Cyprus specialising in program evaluation & policy analysis. The @EconometricaCY team brings decades of experience providing research & evaluation services to U.S. government agencies. 3/4

Despite many obstacles, @UCYOfficial remains relentless in its pursuit of academic excellence. As an alumni and former faculty, I am proud of its achievements and my modest contributions to its success. Although I regret leaving @UCYOfficial, I am excited about my next step. 2/4

In professional news, I have officially resigned from the faculty of @UCyEcon. I would like to publicly thank my colleagues at @UCyEcon & @UCY_FEM for our collaboration over the past 10 years. I look forward to continuing to work with them in the future. 1/4

Our new research unit #SInnoPSis at the University of Cyprus is looking for talented young researchers in the fields of microeconomics, behavioural science and meta-research. INOMICS JOB ANNOUNCEMENTS: https://t.co/FvRJElHsyM https://t.co/5YBwYfY1Rx

Are you interested in pursuing a Ph.D. in Economics? Then, apply for a PhD at @UCyEcon. Admissions are now open! Opportunities for 👉full funding👈available.‼️ For details, check here: https://t.co/EoC3EeRp2j… #EconTwitter #PhDEconomics #econotw #economics @UCY_FEM @UCYOfficial

Research positions in labor market policy and program evaluation @UCyEcon @UCYOfficial

Κενές θέσεις για ερευνητικό πρόγραμμα με θέμα την ανεργία. Παρακαλώ προωθήστε σε τυχόν ενδιαφερόμενους. http://t.co/eTm9LRZgIw

Headed to Boston to present a paper on reemployment services at the #SOLE2013 meetings. Interesting to see how bombings changed the city...

Cyprus should invest in worker training & job search services to reduce unemployment. Subsidized employment programs are a waste of money!