Blundell, R.;
Costa Dias, M.;
Meghir, C.;
Van Reenen, J.;
(2001)
Evaluating the employment impact of a mandatory job search assistance program.
(IFS Working Papers
W01/20).
Institute for Fiscal Studies: London, UK.
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Abstract
This paper exploits area based piloting and age-related eligibility rules to identify treatment effects of a labor market program – the New Deal for Young People in the UK. A central focus is on substitution/displacement effects and on equilibrium wage effects. The program includes extensive job assistance and wage subsidies to employers. We find that the program significantly raised transitions to employment by about five percentage points (about 20 percent over the pre-program base). The impact is robust to a wide variety of non-experimental estimators. However we present some evidence suggesting that this effect may not be as large in the longer run.
| Type: | Working / discussion paper |
|---|---|
| Title: | Evaluating the employment impact of a mandatory job search assistance program |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://dx.doi.org/10.1920/wp.ifs.2001.0120 |
| Language: | English |
| Keywords: | JEL classification: J18, J23, J38. Labor market program evaluation, job search, wage subsidy |
| UCL classification: | UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/3836 |
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