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We evaluate a guaranteed job program in Austria in 2020–2024. Our evaluation
is based on three approaches, pairwise matched randomization, a pre-registered
synthetic control at the municipality level, and a comparison to individuals in control
municipalities. This allows us to estimate direct effects, anticipation effects,
and spillover effects. We find positive impacts on economic and non-economic wellbeing.
At the municipality level, we find a reduction of long-term unemployment
and no negative employment spillovers. There are positive anticipation effects on
well-being, status, and social inclusion. We estimate program costs of 237 Euro per
participant and month. Participant income increased by 102 Euro.
