The New Deal for Young People five years on
Giacomo Georgi
Fiscal Studies, 2005, vol. 26, issue 3, 371-383
Abstract:
The New Deal for Young People is the major welfare-to-work pro-gramme in the UK. It is a mandatory multistage policy targeted at 18- to 24-year-old unemployed people. This paper investigates the long-term effectiveness of the programme in terms of enhancing the (re-)employment probability of participating men. It exploits the eligibility rule to identify a suitable counterfactual relying upon a simple regression discontinuity design. The combination of job-search assistance, training, wage subsidies and job experience enhances employability by about 4.6 per cent and this effect lasts over different cohorts.
JEL-codes: J18 J23 J68 (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ifs:fistud:v:26:y:2005:i:3:p:371-383
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