An Econometrical Study about fractional Response Variables with an Application to Swedish NEET and Municipal Labour Market Activities
Over the last ten years young people Not in Education, Employment or Training (NEET) in Sweden have increased from three to almost sixteen percent. During the same period, decentralization of active labour market programs from central to local governments have been implemented. Consequently, since 2005 Swedish municipalities have a statutory obligation to offer young people in NEET appropriate sup