Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Business
Employment In Construction And Distribution Industries: The Impact Of The New Jobs Tax Credit, John H. Bishop
Employment In Construction And Distribution Industries: The Impact Of The New Jobs Tax Credit, John H. Bishop
John H Bishop
Excerpt] The New Jobs Tax Credit (NJTC) offers a tax credit of fifty percent of the first $4200 of wages per employee for increases in employment of more than two percent over the previous year. Economic theory predicts that such a tax credit should stimulate employment, decrease hours worked per week, and reduce product prices of the subsidized industries. A time series analysis of the construction, retailing, and wholesaling industries finds strong support for these hypotheses. Our results suggest that the NJTC was responsible for 150,000-670,000 of the more than 1-million increase in employment that occurred between mid-1977 and mid-1978 …
Capital Mobility And Job Loss: Corporate Restructuring, Production Shifts, And Outsourcing, Stephanie Luce, Kate Bronfenbrenner
Capital Mobility And Job Loss: Corporate Restructuring, Production Shifts, And Outsourcing, Stephanie Luce, Kate Bronfenbrenner
Kate Bronfenbrenner
[Excerpt] This chapter examines the impact of corporate restructuring and global outsourcing on employment in the Commonwealth and the shifts in production from workplaces in Massachusetts to other countries. In particular we focus on global outsourcing, the shifting of work from Massachusetts offshore to countries in Europe and Asia, and nearshore to Canada and countries in Latin America. Given the huge media attention that outsourcing and nearshoring have garnered, and the increasing trend they represent toward corporate restructuring and capital mobility with lasting repercussions for workers, families, unions, and communities in the Commonwealth, it is important to assess their relative …
Job Loss: Causes, Consequences, And Policy Responses, Kristin F. Butcher, Kevin F. Hallock
Job Loss: Causes, Consequences, And Policy Responses, Kristin F. Butcher, Kevin F. Hallock
Kevin F Hallock
From 2001 to 2003, 5.3 million workers were displaced. Beyond quantifying the numbers of jobs lost lie important questions about gains and losses from these changes and what policies may affect them. These questions will be addressed at an upcoming Chicago Fed conference.
Assessing The Impact Of Job Loss On Workers And Firms, Kristin F. Butcher, Kevin F. Hallock
Assessing The Impact Of Job Loss On Workers And Firms, Kristin F. Butcher, Kevin F. Hallock
Kevin F Hallock
Many economists agree that the United States’ openness to competition and technological change raises our living standards, but sometimes results in job losses. This article summarizes “Job Loss: Causes Consequences, and Policy Responses,” a conference which was cosponsored by the Federal Reserve Bank Chicago and the Joyce Foundation.