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The New Deal for Young People five years on

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Author Info
Giacomo de Georgi
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.

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Publisher Info
Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.

Volume (Year): 26 (2005)
Issue (Month): 3 (September)
Pages: 371-383
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Handle: RePEc:ifs:fistud:v:26:y:2005:i:3:p:371-383

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Find related papers by JEL classification:
J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy

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This page was last updated on 2009-10-26.


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