Designing Inclusion: Tools to Raise Low-end Pay and Employment in Private Enterprise
An inclusion failure has become highly visible in the advanced economies of the West. Too many able-bodied people are subject to chronic joblessness and, when employed, cannot earn a living remotely like that in the mainstream of the population. One policy response has been to give such workers a range of goods and services without charge, another has been to single out some groups for tax credits tied to their earnings. However, many of the welfare programs actually weaken people's incentive to participate in the labour force and wage-income tax credits appear to have made hardly a dent in joblessness. This volume brings together leading economists to present four studies of methods to rebuild self-sufficiency and boosting employment: a graduated employment subsidy, a hiring subsidy and subsidies for training and education. It is of interest to anyone with a serious interest in the economics of subsidies to raise inclusion.
Co říkají ostatní - Napsat recenzi
Na obvyklých místech jsme nenalezli žádné recenze.
1 Lowwage employment subsidies in a laborturnover model of the natural rate
2 Taxes subsidies and equilibrium labor market outcomes
using variation induced by the EITC to distinguish between models of skill
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Designing Inclusion: Tools to Raise Low-end Pay and Employment in Private ...
Edmund S. Phelps
Náhled není k dispozici. - 2007
analysis assume assumption average benefit changes chapter compensation condition consider constant cost curve depends distribution duration earnings economy educated effects EITC EITC schedule employed employer employment subsidy entry equal equation equilibrium estimates expected experience females Figure firms function future given graduates growth higher hiring hiring subsidy human capital impacts inclusion income increase individuals initial interest investment job creation labor supply LBD model learning leisure less low-wage subsidy lower marginal match ment Note obtain OJT model optimal parameters percent period person phase-in Phelps plateau positive potential predicted present problem productivity proportional raise receive reduce region relative result returns rise shift simulations skill formation skill levels specification substitution Table unemployed unemployment rate unemployment voucher wage rates wage subsidies wage tax wealth whereas women workers