publication . Preprint . 2013

Estimating the Cost of Youth Disengagement in New Zealand

Gail Pacheco; Jessica Dye;
Open Access
  • Published: 01 May 2013
Abstract
Youth exclusion, disengagement, and overall underutilisation in the labour market has short term costs to the economy, as well as long term impacts on society. In this research we project the loss to productivity, measured in foregone wages, and the expected cost to public finances for NZ and Auckland youth aged 15-24 not in employment, education, or training (collectively known as NEET). We estimate the expected per capita cost of each NEET youth in NZ is approximately $26,847 over the next 1-3 years. The analogous cost for the Auckland cohort is found to be higher, due largely to higher foregone wages. Closer inspection reveals that Auckland NEET youth of Maor...
Subjects
free text keywords: NEET, youth disengagement, economic productivity, labour market, transition to work, jel:J64, jel:J24
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