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KMID : 1124020170330040269
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Korean Social Security Studies
2017 Volume.33 No. 4 p.269 ~ p.293
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The Analysis on the effectiveness of Work-related Programs: Focusing on the Enhancement in Life Satisfaction among the Participants of Vocational training, Job Consulting, Job coordinating, and Business Incubating Programs
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Lee Seung-Ju
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Abstract
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So far most of the previous studies have been evaluating the effectiveness of work-related programs from the economic perspective, mainly focusing on whether a series of workfare programs might contribute to the improvement of income among the participants, or whether the beneficiaries could exit from poverty through the program participation. Only with this economic performance evaluation, however, is it almost impossible to accurately measure whether the ultimate objective of the workfare implementation is fulfilled. In this light, this study is to help understand the effectiveness of the work-related programs more comprehensively by adding the estimation of the changes in life satisfaction among the work-related program participants. The 8th(2012) and 11th(2015) waves of the Korea Welfare Panel Study data were used for the study. With these data, Propensity Score Matching(PSM) was used to create a sample of comparison units that is comparable to a sample of experiment units in terms of observed covariates. Then Difference-in-difference analysis(DID) was conducted to analyze the effectiveness of workfare programs through comparison of changes in life satisfaction between the participants and non-participants. According to the result, the net effect of the program participation, which is measured by the interaction effect of the year dummy and the program participation dummy, shows that the difference between the program participants and non-participants in changes of life satisfaction is not statistically significant.
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KEYWORD
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Effectiveness of Work-related program, Participating Effects of Vocational training, Job Consulting, Job coordinating, and Business Incubating Programs, Propensity Score Matching, Difference-in-diffe
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