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The structural parameters matched the reduced-form empirical moments (treatment exit rate, control exit rate, regional comparison exit rate, and vacancy response curves), validating structural policy simulation counterfactuals.
While a naive microeconometric evaluation calculates a false positive net return of 4,094 DKK (~550 EUR) per participant, structural simulation proves social welfare is maximized at only 20% treatment intensity and drops by 0.13% under full (100%) rollout, while government UI program expenditures are minimized at 30% intensity.