Blundell, R.;
Costa-Dias, M.;
Meghir, C.;
Van Reenen, J.;
(2003)
Evaluating the employment effects of a mandatory job search program.
(Discussion Papers in Economics
03-05).
Department of Economics, University College London: 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 initial impact of the program significantly raised transitions to unsubsidized employment by about five percentage points. The impact is robust to a wide variety of non-experimental estimators. However we present some evidence that this effect may not be as large in the longer run.
| Type: | Working / discussion paper |
|---|---|
| Title: | Evaluating the employment effects of a mandatory job search program |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://www.ucl.ac.uk/silva/economics/research/pape... |
| Language: | English |
| Keywords: | JEL Classification: J18, J23, J38. Labor market program evaluation, job search, wage subsidy |
| URI: | https://discovery.ucl.ac.uk/id/eprint/2548 |
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