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Full-Text Articles in Social and Behavioral Sciences
The Role Of Public Policy In Skills Development Of Black Workers In The 21st Century, Timothy J. Bartik, Kevin Hollenbeck
The Role Of Public Policy In Skills Development Of Black Workers In The 21st Century, Timothy J. Bartik, Kevin Hollenbeck
Timothy J. Bartik
This paper discusses the role of public policy in the skills development system of the U.S. It further examines the implications of that policy for the skill development and career progression of black workers. The paper describes the current "system" for skills development in the United States as a two- tiered system: The "first-chance" or conventional system allows individuals to proceed through an extensive public elementary, secondary, and postsecondary educational sector that is supplemented by private educational institutions and is followed by employer-provided job training and work experience. The "second-chance" system is designed for individuals who do not successfully traverse …
Including Jobs In Benefit-Cost Analysis, Timothy J. Bartik
Including Jobs In Benefit-Cost Analysis, Timothy J. Bartik
Timothy J. Bartik
Public policies may affect employment by directly creating jobs, facilitating job creation, or augmenting labor supply. In labor markets with high unemployment, such employment changes may have significant net efficiency benefits, which should be included in benefit-cost analyses.
The research literature offers diverse recommendations on measuring employment benefits. Many of the recommendations rely on arbitrary assumptions. The resulting employment benefit estimates vary widely.
This paper reviews this literature, and offers recommendations on how to better measure employment benefits using estimable parameters. Guidance is provided on measuring policy-induced labor demand, estimating the demand shock’s impact on labor market outcomes, and translating …