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The effectiveness of the restart programme and enterprise allowance scheme

Lehmann, H. (1993) The effectiveness of the restart programme and enterprise allowance scheme. CEP discussion paper, 139. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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Identification Number: 139

Abstract

The Restart programme and the Enterprise Allowance Scheme were introduced in the eighties to combat the high levels and the persistence of unemployment. This paper uses aggregate time series to investigate whether these measures have been important determinants of the overall and duration-specific outflow rates from unemployment. Careful exploration of the data precedes model specification and selection to ensure that the regression results mirror a stable economic relationship other over the sample period. These results show, besides a minor role for the Enterprise Allowance Scheme, that the introduction of the Restart programme has contributed greatly to the cure of partial hysteresis in Britain.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk
Additional Information: © 1993 H. Lehmann
Subjects: H Social Sciences > HD Industries. Land use. Labor
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Series: Working Papers > CEP Discussion Papers
Date Deposited: 19 Aug 2008 15:20
Last Modified: 03 Mar 2013 10:33
URI: http://eprints.lse.ac.uk/id/eprint/20974

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