Compulsory Job Search. Compulsory Job Search 'Evaluating the Employment Impact of a Mandatory Job Search Assistance Program' estimates the impact of the British labour market program the New Deal for the Young Unemployed. The New Deal provides extensive job search assistance followed by other measures such as training and wage subsidies. By exploiting the fact that the New Deal was introduced at different times in different parts of the country, the researchers are able to isolate the impact of the program from other factors. They find that unemployed men are now 20% more likely to find a job than prior to the New Deal. By Richard Blundell, Monica Costa Dias, Costas Meghir and John Van Reenen.
By Institute for Fiscal Studies, UK.
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Automatic Uprating of the Minimum Wage. Without uprating the minimum wage loses its value as a floor on wages. However, automatic uprating has been resisted, partly on the grounds that it will be inflationary. Sanjiv Sachdev argues for an automatic uprating mechanism - stating it will be better at maintaining standards of living for the low paid and that it will be easier for businesses to prepare for small regular increases. He points to the experience of the US where the level of the minimum wage is the subject of intense political bargaining. In contrast France's salarie minimum interprofessionnel de croissance has been very effective in maintaining the value of the minimum wage in relation to average earnings.
By Catalyst, UK.
Children and Social Exclusion .This paper assesses whether it is possible to discuss social exclusion as it relates to children in the US. John Micklewright discusses various features of US society and institutions including the measurement of poverty, analysis of children?s living standards, state versus federal responsibilities, welfare reform and the emphasis on ?personal responsibility?. "Social Exclusion and Children: A European view for a US debate" is published by the UK-based Centre for the Analysis of Social Exclusion.
Social Security Reform .In this study, Karl Borden and Charles Rounds offer a proposal for the regulatory and administrative structure of individual accounts. The core of their proposal is the private retirement account (PRA). "A Proposed Legal, Regulatory, and Operational Structure for an Investment-Based Social Security System", by Karl J. Borden and Charles F. Rounds Jr, is published by the Cato Institute.
By Cato Institute ,UK .