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Social and Behavioral Sciences Commons

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Economics

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Upjohn Institute Working Papers

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2008

ECONOMIC DEVELOPMENT

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

The Revitalization Of Older Industrial Cities: A Review Essay Of Retooling For Growth, Timothy J. Bartik Nov 2008

The Revitalization Of Older Industrial Cities: A Review Essay Of Retooling For Growth, Timothy J. Bartik

Upjohn Institute Working Papers

This review essay debates the policy issues raised by the book Retooling for Growth: Building a 21st Century Economy in America's Older Industrial Areas, edited by Richard M. McGahey and Jennifer S. Vey (Brookings Institution Press, 2008). I argue that the main rationale for adopting policies to revitalize older industrial cities is to improve the per capita earnings of urban residents. Therefore, urban economic development policy should be seen as urban labor market policy. Increasing city residents' earnings requires progress on two fronts: increasing metropolitan labor demand; increasing the quantity and quality of the effective labor supply of city residents …


Is There A Role For Public Support Of Incumbent Worker On-The-Job Training?, Kevin M. Hollenbeck Jan 2008

Is There A Role For Public Support Of Incumbent Worker On-The-Job Training?, Kevin M. Hollenbeck

Upjohn Institute Working Papers

States have begun to use training subsidies as a policy tool for employment retention and business competitiveness. This paper summarizes a survey of states concerning their investments in incumbent worker training. Altogether, states are investing about $550 to $800 million, which is perhaps one percent or less of total private sector training costs. The paper further discusses a study conducted for one state in which we found significant fiscal returns implying that underinvestment of public funds for incumbent worker training may be occurring. In this state, primary sector jobs were created or retained at a public cost of less than …