NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment

Bruno Crépon, Esther Duflo, Marc Gurgand, Roland Rathelot, Philippe Zamora

NBER Working Paper No. 18597
Issued in December 2012

---- Acknowledgements -----

During the time this study was conducted, Zamora and Rathelot were working at the DARES, the research unit of the employment ministry, which funded this study. At the time of submission, they were employed by CREST, an autonomous public research agency since January 2011. We would like to Joshua Angrist, Amy Finkelstein, Larry Katz, Emmanuel Saez, as well as four anonymous referees and many seminar participants for very useful comments. We thank Ben Feigenberg and Vestal McIntyre for carefully reading and editing the paper. The DARES (French Ministry of Labor) provided access to data and financial support for this study. Any opinions expressed here are those of the authors and not of any institution or government entity. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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