The macroeconomic impact of the New Deal for Young People
作者： Rebecca Riley , Garry Young
DOI:
关键词: New Deal 、 Economic gain 、 Government 、 Raising (linguistics) 、 Minimum wage 、 Active labour 、 Wage 、 Dependency (project management) 、 Labour economics 、 Economics
摘要: The New Deal for Young People (NDYP) is one of the main components UK government's Welfare-to-Work strategy aimed at raising employment and reducing benefit dependency. It combines elements an active labour market programme with a stricter regime. This paper evaluates its impact on wider economy, emphasising importance programme's effect wage pressure, which identified separately from National Minimum Wage introduced around same time. While NDYP economy appears modest it associated economic gain.
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