Evaluating the Employment Impact of a Mandatory Job Search Programme
Richard Blundell (),
Costas Meghir,
John van Reenen and
Monica Costa Dias
No 3786, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
This Paper exploits area-based piloting and age-related eligibility rules to identify treatment effects of a labour 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 programme includes extensive job assistance and wage subsidies to employers. We find that the programme significantly raised transitions to employment by about five percentage points (about 20% over the pre-program base). The impact is robust to a wide variety of non-experimental estimators. We present some evidence suggesting that this effect may not, however, be as large in the longer run.
Keywords: Labour market programme evalution; Job search; Wage subsidy (search for similar items in EconPapers)
JEL-codes: J18 J23 J38 (search for similar items in EconPapers)
Date: 2003-02
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Citations: View citations in EconPapers (14)
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