29th Mar 2023 1pm
- 2:30pm
Campus
The Institute of Political Economy, Governance, Finance and Accountability invites you to its Research Seminar Series 2023. The third seminar will feature PEGFA experts Mary-Paz Arrieta Paredes and Robert Calvert Jump. Dr Arrieta Paredes will present "The sustainable financing of British SMEs after Brexit". Dr Calvert Jump will talk about joint work with Adam Scavette: "The Labor Market Effects of Place-Based Policies: Evidence from England’s Neighbourhood Renewal". Please find the abstract here: We look forward to seeing you there! Please find the entire programme for this year's Research Seminar Series here. From taster days to subject open evenings, find out more about what you'll study, where you'll study it and perhaps even meet who'll you'll be studying with. Whether you are a teacher or parent, we offer a range of events designed to assist you in helping others make life choices. Learn something new or join the discussion at one of our many public lectures, seminars and events, covering everything from education to foreign policy and current affairs.
Neighborhood renewal programs are a type of place-based policy that aim to revive underperforming localities. The literature on place-based policies has found mixed results regarding their effects on local labor market outcomes, but there are relatively few studies of policies that aim to improve local labor supply. In this paper we examine the labor market effects of the Neighbourhood Renewal Fund, which targeted 88 of the most deprived areas in England during the early 2000s as part of the Labour government's National Strategy for Neighbourhood Renewal. The fund disbursed almost £3 billion for spending on community safety, education, healthcare and worklessness, with supply-side interventions making up the bulk of the program's spending on worklessness. Using a difference-in-differences approach, we find statistically significant impacts on local employment. Our results suggest that policy interventions to improve local labor supply can be a successful strategy for neighborhood renewal.More Greenwich events
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