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Articles 1 - 30 of 40
Full-Text Articles in Economics
Making Sense Of Incentives: Taming Business Incentives To Promote Prosperity, Timothy J. Bartik
Making Sense Of Incentives: Taming Business Incentives To Promote Prosperity, Timothy J. Bartik
Upjohn Press
In evaluating incentives, everything depends on the details: how much in incentives it takes to truly cause a firm to locate or expand, the multiplier effects, the effects of jobs on employment rates, how jobs affect tax revenue versus public spending needs. Do benefits of incentives exceed costs? This depends on the details. This book is about those details. What magnitudes of incentive effects are plausible? How do benefits and costs vary with incentive designs? What advice can be given to evaluators? What is an ideal incentive policy? Answering these questions about incentives depends on a model of incentive effects, …
Confronting Policy Challenges Of The Great Recession: Lessons For Macroeconomic Policy, Eskander Alvi Editor
Confronting Policy Challenges Of The Great Recession: Lessons For Macroeconomic Policy, Eskander Alvi Editor
Upjohn Press
This book presents several notable economists who describe the perils the economy faced during the Great Recession and the policies—some successful, others not so much—that were implemented and why. By now, economists have had nearly a decade to examine the causes and consequences of the damage wrought by the Great Recession, and to assess the ensuing efforts to right the economy. The unprecedented losses, which spread across the global economy, posed extraordinary challenges for central bankers and policymakers alike, who were forced to throw out the playbook and create new, untested means for restoring growth.
Disasters In The United States : Frequency, Costs, And Compensation, Vera Brusentsev, Wayne Vroman
Disasters In The United States : Frequency, Costs, And Compensation, Vera Brusentsev, Wayne Vroman
Upjohn Press
Disasters are increasing in both frequency and financial costs. Analysis presented here deals with what we know about disasters in the United States including their increasing frequency of occurrence and associated financial costs, compensation available to survivors, where particular types of disasters are most likely to occur, and how disasters can be mitigated.
Promise Nation: Transforming Communities Through Place-Based Scholarships, Michelle Miller-Adams
Promise Nation: Transforming Communities Through Place-Based Scholarships, Michelle Miller-Adams
Upjohn Press
Miller-Adams describes how the various "Promise-type" place-based scholarship programs impact college access, financial aid, and community transformation.
The Road Through The Rust Belt: From Preeminence To Decline To Prosperity, William M. Bowen, Editor
The Road Through The Rust Belt: From Preeminence To Decline To Prosperity, William M. Bowen, Editor
Upjohn Press
The chapters in this book explore reasons for the decline of "Rust Belt" cities and the often innovative responses of local leaders and entrepreneurs that are helping to revive these areas.
Employment Growth From Public Support Of Innovation In Small Firms, Albert N. Link, John T. Scott
Employment Growth From Public Support Of Innovation In Small Firms, Albert N. Link, John T. Scott
Upjohn Press
Link and Scott provide a statistical assessment of the employment growth associated with public support of R&D in small, entrepreneurial firms through the Small Business Innovation Research (SBIR) program.
Advances In Economic Forecasting, Matthew L. Higgins Editor
Advances In Economic Forecasting, Matthew L. Higgins Editor
Upjohn Press
This book's contributors assess the performance of economic forecasting methods, argue that data can be better exploited through model and forecast combination, and advocate for models that are adaptive and perform well in the presence of nonlinearity and structural change. The contributors are: Michael D. Bradley, Dean Croshure, Dennis W. Jansen, Kajal Lahiri, Tae-Hwy Lee, David E. Rapach, and H.O. Stekler.
Sustainable Prosperity In The New Economy?: Business Organization And High-Tech Employment In The United States, William Lazonick
Sustainable Prosperity In The New Economy?: Business Organization And High-Tech Employment In The United States, William Lazonick
Upjohn Press
Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth.
The Power Of A Promise: Education And Economic Renewal In Kalamazoo, Michelle Miller-Adams
The Power Of A Promise: Education And Economic Renewal In Kalamazoo, Michelle Miller-Adams
Upjohn Press
In the first comprehensive account of the Kalamazoo Promise, Michelle Miller-Adams addresses both the potential and challenges inherent in place-based universal scholarship programs and explains why this unprecedented experiment in education-based economic renewal is being emulated by scores of cities and towns around the nation.
Who Really Made Your Car?: Restructuring And Geographic Change In The Auto Industry, Thomas H. Klier, James M. Rubenstein
Who Really Made Your Car?: Restructuring And Geographic Change In The Auto Industry, Thomas H. Klier, James M. Rubenstein
Upjohn Press
The authors present the key characteristics of the vast network of auto parts suppliers and describe the changing geography of U.S. motor vehicle production at the local, regional, national, and international levels.
Do Community Colleges Respond To Local Needs?: Evidence From California, Duane E. Leigh, Andrew M. Gill
Do Community Colleges Respond To Local Needs?: Evidence From California, Duane E. Leigh, Andrew M. Gill
Upjohn Press
Leigh and Gill focus on two major, policy relevant sources of change at the local level. First, on the supply side, they examine how responsive community colleges’ are at meeting the needs of the growing immigrant population for education and training. Then, on the demand side, they look into whether the need of local employers for skilled workers is being met, an issue impacted by dynamic technological change and increased global competition.
Reining In The Competition For Capital, Ann R. Markusen Editor
Reining In The Competition For Capital, Ann R. Markusen Editor
Upjohn Press
This book explores the causes, character, and potential remedies for the growing spatial competition for capital. Its diverse group of contributors present a broad set of workable reforms including: regulation of site consultants; mandated transparency in negotiations, bids, and deals; better structured deals; performance requirements and clawbacks for subsidized firms; and adoption of united economic development budgets.
The Geography Of American Poverty: Is There A Need For Place-Based Policies?, Mark D. Partridge, Dan S. Rickman
The Geography Of American Poverty: Is There A Need For Place-Based Policies?, Mark D. Partridge, Dan S. Rickman
Upjohn Press
Partridge and Rickman explore the wide geographic disparities in poverty across the United States. Their focus on the spatial dimensions of U.S. poverty reveals distinct differences across states, metropolitan areas, and counties and leads them to consider why antipoverty policies have succeeded in some places and failed in others.
The Economics Of Sustainable Development, Sisay Asefa Editor
The Economics Of Sustainable Development, Sisay Asefa Editor
Upjohn Press
This title provides an economic perspective on critical issues that characterize the topic of sustainable development. In each case, the authors give hope that the challenges facing societies can be surmounted and millions can be lifted out of poverty by adopting policies that encourage the investment in human capital, democratic institutions, and improved market performance.
Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson
Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson
Upjohn Press
Persky, Felsenstein, and Carlson explore a new framework for evaluating state and local economic development efforts. They propose a method, referred to as the “job-chains approach,” that they say clarifies the potential justifications for economic development subsidies as well as the limitations surrounding these efforts. This innovative approach addresses not only the number of job vacancies created as a result of a subsidized business investment or expansion, but also the extent to which gains are achieved by the unemployed and the underemployed, whether skilled or unskilled.
Communities And Workforce Development, Edwin MeléNdez Editor
Communities And Workforce Development, Edwin MeléNdez Editor
Upjohn Press
The studies presented here constitute a significant step towards a comprehensive assessment of the role that community organizations played in revamping the employment services industry. Most importantly, they show how a new style of labor market intermediary has evolved from focusing almost exclusively on the provision of employment services to job seekers to simultaneously addressing the needs of both job seekers and employers.
State Enterprise Zone Programs: Have They Worked?, Alan H. Peters, Peter S. Fisher
State Enterprise Zone Programs: Have They Worked?, Alan H. Peters, Peter S. Fisher
Upjohn Press
Peters and Fisher evaluate 75 EZs located in 13 states to gain an understanding of the overall effectiveness of state enterprise zones. Faced with a paucity of data on EZs that could be used in standard economic analysis, the authors employ a hypothetical firm model in which they apply various EZ and non-EZ incentives to financial statements created for a set of "typical" firms. Observing the impacts of both types of incentives on firms' financial statements allow Peters and Fisher to predict the firms' resulting behavior. Between these findings and the data accumulated from actual EZs, they are able to …
Rising Wage Inequality: The 1980s Experience In Urban Labor Markets, Thomas Hyclak
Rising Wage Inequality: The 1980s Experience In Urban Labor Markets, Thomas Hyclak
Upjohn Press
Hyclak analyzes information not utilized in previous studies of wage inequality. Whereas researchers previously relied on data derived from the national labor market, Hyclak draws on data from the Area Wage Surveys (AWS), which allows him to focus on changes in the wage structure in a sample of 20 local labor markets for the period of 1974 to 1991. This source also allows him to examine changes in the structure of wages paid for some 40 different jobs found in four different occupational groups. In addition, Hyclak is able to concentrate on jobs and the skills required as the primary …
Changes In Income Inequality Within U.S. Metropolitan Areas, Janice Fanning Madden
Changes In Income Inequality Within U.S. Metropolitan Areas, Janice Fanning Madden
Upjohn Press
In studying MSA data that link the characteristics of metropolitan economies to significant changes in income inequality, Madden is able to study changes in poverty rates, household income inequality, and wage inequality within 182 of the largest MSAs and to identify what she says are the three factors most likely to influence changes in income inequality in metropolitan areas.
Bidding For Business: The Efficacy Of Local Economic Development Incentives In A Metropolitan Area, John E. Anderson, Robert W. Wassmer
Bidding For Business: The Efficacy Of Local Economic Development Incentives In A Metropolitan Area, John E. Anderson, Robert W. Wassmer
Upjohn Press
Anderson and Wassmer examine the use and effectiveness of local economic development incentives within a specific region, the Detroit metropolitan area. The Detroit area serves as a good example, they say, because of the area's 20-plus year track record of its communities offering the gamut of economic incentives aimed at redirecting economic activity and jobs. The evidence they uncover reveals factors that drive cities not just in this Southeast Michigan area, but nationwide to offer particular types of incentives that are more or less generous than those offered by their neighbors.
Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters
Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters
Upjohn Press
This book is the first significant attempt to quantify the development efforts made by state and local governments. The authors' extensive research focuses on tax and incentive policies across the 24 most industrialized states in the United States and a sample of 112 cities from within those states.
Foreign Direct Investment In The United States: Issues, Magnitudes, And Location Choice Of New Manufacturing Plants, Jan Ondrich, Michael J. Wasylenko
Foreign Direct Investment In The United States: Issues, Magnitudes, And Location Choice Of New Manufacturing Plants, Jan Ondrich, Michael J. Wasylenko
Upjohn Press
What effect does foreign direct investment (FDI) have on job creation, wages, and productivity in the U.S.? How does FDI impact the budget deficit? How do changes in states' fiscal policy affect plant location choices? Ondrych and Wasylenko address these and other politically-charged questions concerning FDI. Provided is empirical evidence drawn from a pooled cross-section and time-series data set that identifies the criteria foreigners use to make location decisions. The authors also develop a model, against which they compare their findings, and review policy options available at the state and federal levels. Information provided will help states shape, focus, and …
Wage And Employment Adjustment In Local Labor Markets, Randall W. Eberts, Joe Allan Stone
Wage And Employment Adjustment In Local Labor Markets, Randall W. Eberts, Joe Allan Stone
Upjohn Press
Eberts and Stone have created dynamic models of labor supply and demand behavior for metropolitan labor markets. They use these models to simulate wage, employment, and personal income responses to local economic change, including changes brought about by governmental policy.
Wage Flexibility And Unemployment Dynamics In Regional Labor Markets, Thomas Hyclak, Geraint Johnes
Wage Flexibility And Unemployment Dynamics In Regional Labor Markets, Thomas Hyclak, Geraint Johnes
Upjohn Press
Hyclak and Johnes explore the extent to which wage rigidity differs across regional labor markets in the U.S. and how it affects the unemployment response to shifts in regional aggregate demand. They also look at the determinants of differences in wage rigidity across regional labor markets.
Excellence At Work: Policy Option Papers For The National Governors' Association, Evelyn Ganzglass, Editor
Excellence At Work: Policy Option Papers For The National Governors' Association, Evelyn Ganzglass, Editor
Upjohn Press
State-level initiatives are proposed that address key issues affecting the competitiveness of the U.S. economy.
Job Accessibility And The Employment And School Enrollment Of Teenagers, Keith R. Ihlanfeldt
Job Accessibility And The Employment And School Enrollment Of Teenagers, Keith R. Ihlanfeldt
Upjohn Press
Ihlanfeldt presents data that strongly support the "spatial mismatch hypothesis" for the high unemployment rate of disadvantaged teens. This theory, which the author thoroughly outlines in this work, asserts that the suburbanization of low-skill jobs and continued housing market segregation have reduced the job opportunities of inner-city dwelling minorities. This book extends Ihlanfeldt's earlier work on spatial mismatch by incorporating school enrollment decisions and other urban factors into his analysis. Thus, he also demonstrates empirically that job access is related to the high school dropout problem and concludes that poor access to jobs is useful in explaining the relatively low …
Banking The Furnace: Restructuring Of The Steel Industry In Eight Countries, Trevor Bain
Banking The Furnace: Restructuring Of The Steel Industry In Eight Countries, Trevor Bain
Upjohn Press
Trevor Bain explores the industry restructurings that occurred in eight major steel-producing countries, including the U.S., Germany and Japan. He begins by categorizing each country as having either an adversarial or a cooperative industrial relations system, and then analyzes the differences in implementation strategies. He also determines who - employers, employees, or government - bore the cost of these adjustments and which industrial relations systems were more efficient in restructuring.
Who Benefits From State And Local Economic Development Policies?, Timothy J. Bartik
Who Benefits From State And Local Economic Development Policies?, Timothy J. Bartik
Upjohn Press
Bartik reviews evidence on whether state and local policies affect job growth. He then presents empirical data supporting the intentions of such programs, showing that job growth may lead to a number of positive long-term effects including: lower unemployment, higher labor force participation, higher real estate values, and better occupational opportunities. He also shows that the earnings gains to disadvantaged groups outweigh the resulting increased real estate values for property owners, and concludes by saying that regional competition for jobs may actually be a benefit for the nation as a whole.
Evaluating Social Programs At The State And Local Level: The Jtpa Evaluation Design Project, Ann B. Blalock Editor
Evaluating Social Programs At The State And Local Level: The Jtpa Evaluation Design Project, Ann B. Blalock Editor
Upjohn Press
This book draws upon the JTPA Evaluation Design Project initiated, developed and directed by the Washington State Employment Security Department. The five essays offer practical, instructive guidance about planning and executing program evaluations.
Unemployment, Vacancies And Local Labor Markets, Harry J. Holzer
Unemployment, Vacancies And Local Labor Markets, Harry J. Holzer
Upjohn Press
Unemployment rates in the U.S. vary considerably over time and across local areas. Economists have long been concerned with explaining these variations and have attempted to distinguish various components of unemployment to explain these variations in rates. Holzer uses firm-level data on job vacancies, sales growth, and wages within and across a group of 28 local labor markets to examine these issues.