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Economic Impact Of Western Michigan University Homer Stryker M.D. School Of Medicine, Jim Robey, Kathleen Bolter Mar 2021

Economic Impact Of Western Michigan University Homer Stryker M.D. School Of Medicine, Jim Robey, Kathleen Bolter

Reports

No abstract provided.


The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2020, Jim Robey, Kathleen Bolter, Natalie Patten, Edison Rolle Jan 2021

The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2020, Jim Robey, Kathleen Bolter, Natalie Patten, Edison Rolle

Reports

No abstract provided.


How Communities Can Connect Economic And Skills Development, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams Oct 2020

How Communities Can Connect Economic And Skills Development, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams

Presentations

No abstract provided.


Bringing Jobs To People: Improving Local Economic Development Policies, Timothy J. Bartik Aug 2020

Bringing Jobs To People: Improving Local Economic Development Policies, Timothy J. Bartik

Upjohn Institute Policy Papers

Many local labor markets in the United States suffer from low employment rates, but getting people to move out of these distressed areas is difficult. Moreover, moving people to job-rich regions does not help those left behind, as out-migration destroys jobs in distressed areas. A better way to help the residents of distressed areas is through local economic development policies that boost job growth and employment rates in a sustained fashion. Such policies can successfully encourage local business and job growth through business tax incentives, cash grants, or customized public services, such as advice to small businesses, job training, infrastructure …


Place-Based Policy: An Essay In Two Parts, Timothy J. Bartik May 2020

Place-Based Policy: An Essay In Two Parts, Timothy J. Bartik

Upjohn Institute Policy Papers

Place-based policies that increase jobs in local labor markets can have large benefits, but current policies need reforms. Local job growth can have large benefits by increasing local employment-to-population ratios (employment rates). These employment rate benefits are larger if jobs are created in local labor markets that are distressed, or if new jobs are matched to the local nonemployed. Current place-based policies are mostly business tax incentives, provided by state and local governments. These incentives are costly per job actually created by the incentive. More cost-effective job creation are public services to businesses, such as customized job training or business …


Coronavirus And The Economy: Repurposing Production, Helping The Needy, Saving Businesses, And Encouraging Job Preservation, Timothy J. Bartik, Brad J. Hershbein Apr 2020

Coronavirus And The Economy: Repurposing Production, Helping The Needy, Saving Businesses, And Encouraging Job Preservation, Timothy J. Bartik, Brad J. Hershbein

Employment Research Newsletter

No abstract provided.


Investing In Community: A Playbook For Connecting Economic And Skills Development, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Amy Meyers, Bridget F. Timmeney Mar 2020

Investing In Community: A Playbook For Connecting Economic And Skills Development, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Amy Meyers, Bridget F. Timmeney

Reports

No abstract provided.


Making Sense Of Incentives: Taming Business Incentives To Promote Prosperity, Timothy J. Bartik Oct 2019

Making Sense Of Incentives: Taming Business Incentives To Promote Prosperity, Timothy J. Bartik

Timothy J. Bartik

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, …


Making Sense Of Incentives: Taming Business Incentives To Promote Prosperity, Timothy J. Bartik Oct 2019

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, …


What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik May 2018

What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik May 2018

What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik

Upjohn Institute Technical Reports

No abstract provided.


Demonstration And Evaluation Of The Short-Time Compensation Program In Iowa And Oregon: Final Report, Susan Houseman, Christopher J. O'Leary, Katharine G. Abraham, Frank Bennici, Susan Labin, Richard Sigman Sep 2017

Demonstration And Evaluation Of The Short-Time Compensation Program In Iowa And Oregon: Final Report, Susan Houseman, Christopher J. O'Leary, Katharine G. Abraham, Frank Bennici, Susan Labin, Richard Sigman

Christopher J. O'Leary

Short-time compensation (STC) is an optional program within some state unemployment insurance (UI) systems that allows employers experiencing a temporary reduction in business to lower the average hours of employees in lieu of laying them off. Employer use of the STC option has been low in states with STC programs. We conducted demonstrations in Iowa and Oregon to evaluate the effectiveness of several interventions designed to increase employer awareness and use of STC, including disseminating information about STC to specific employers (members of the “treatment” group) over a 12-month period. The main findings support the hypothesis that lack of awareness …


Demonstration And Evaluation Of The Short-Time Compensation Program In Iowa And Oregon: Final Report, Susan Houseman, Christopher J. O'Leary, Katharine G. Abraham, Frank Bennici, Susan Labin, Richard Sigman Aug 2017

Demonstration And Evaluation Of The Short-Time Compensation Program In Iowa And Oregon: Final Report, Susan Houseman, Christopher J. O'Leary, Katharine G. Abraham, Frank Bennici, Susan Labin, Richard Sigman

All Star

Short-time compensation (STC) is an optional program within some state unemployment insurance (UI) systems that allows employers experiencing a temporary reduction in business to lower the average hours of employees in lieu of laying them off. Employer use of the STC option has been low in states with STC programs. We conducted demonstrations in Iowa and Oregon to evaluate the effectiveness of several interventions designed to increase employer awareness and use of STC, including disseminating information about STC to specific employers (members of the “treatment” group) over a 12-month period. The main findings support the hypothesis that lack of awareness …


New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik Jul 2017

New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik

Upjohn Institute Working Papers

When state and local governments engage in balanced budget changes in taxes and spending, what fiscal multiplier effects do such policies have on creating local jobs? Traditionally, the view has been that possible job-creation effects of such state and local “demand-side” policies are smaller, second-order effects. Such effects might be worthwhile to take into consideration when a state or local government balances its budget during a recession, but the effects were believed to be of modest magnitude, and not of major importance for more general state and local public policies. However, recent estimates of fiscal multiplier effects of state and …


Demonstration And Evaluation Of The Short-Time Compensation Program In Iowa And Oregon: Final Report, Susan N. Houseman, Christopher J. O'Leary, Katharine G. Abraham, Frank Bennici, Susan Labin, Richard Sigman Jun 2017

Demonstration And Evaluation Of The Short-Time Compensation Program In Iowa And Oregon: Final Report, Susan N. Houseman, Christopher J. O'Leary, Katharine G. Abraham, Frank Bennici, Susan Labin, Richard Sigman

External Papers and Reports

Short-time compensation (STC) is an optional program within some state unemployment insurance (UI) systems that allows employers experiencing a temporary reduction in business to lower the average hours of employees in lieu of laying them off. Employer use of the STC option has been low in states with STC programs. We conducted demonstrations in Iowa and Oregon to evaluate the effectiveness of several interventions designed to increase employer awareness and use of STC, including disseminating information about STC to specific employers (members of the “treatment” group) over a 12-month period. The main findings support the hypothesis that lack of awareness …


New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik Jun 2017

New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik

Timothy J. Bartik

When state and local governments engage in balanced budget changes in taxes and spending, what fiscal multiplier effects do such policies have on creating local jobs? Traditionally, the view has been that possible job-creation effects of such state and local “demand-side” policies are smaller, second-order effects. Such effects might be worthwhile to take into consideration when a state or local government balances its budget during a recession, but the effects were believed to be of modest magnitude, and not of major importance for more general state and local public policies. However, recent estimates of fiscal multiplier effects of state and …


Better Incentives Data Can Inform Both Research And Policy, Timothy J. Bartik May 2017

Better Incentives Data Can Inform Both Research And Policy, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


Better Incentives Data Can Inform Both Research And Policy, Timothy J. Bartik Apr 2017

Better Incentives Data Can Inform Both Research And Policy, Timothy J. Bartik

Employment Research Newsletter

No abstract provided.


Who Wins In An Energy Boom? Evidence From Wage Rates And Housing, Grant D. Jacobsen Nov 2016

Who Wins In An Energy Boom? Evidence From Wage Rates And Housing, Grant D. Jacobsen

Upjohn Institute Working Papers

This paper presents evidence on the distributional effects of energy extraction by examining the recent U.S. energy boom. The boom increased local wage rates in almost every major occupational category. The increase occurred regardless of whether the occupation experienced a corresponding change in employment, suggesting a more competitive labor market that benefited local workers. Local housing values and rental prices both increased, thereby benefiting landowners. For renters, the increase in prices was completely offset by a contemporaneous increase in income. The results indicate that bans on drilling have negative monetary consequences for a large share of local residents.


The Quality Of Jobs Created By Entrepreneurs, Adam Seth Litwin, Philip Phan Jan 2016

The Quality Of Jobs Created By Entrepreneurs, Adam Seth Litwin, Philip Phan

Adam Seth Litwin

Few dare to challenge the conventional wisdom that small business is the engine of job creation. Indeed, in the United States, the image of the small business owner left largely unfettered to create novel products and services sits on the same cultural plane as baseball and apple pie, and one would be hard-pressed to find a policymaker who would openly question the wisdom that most new jobs arise either directly or indirectly from these small businesses. This near religious belief in the small business owner as job creator yields a steady stream of policies offering tax relief to small businesses, …


Jobless Capital? The Role Of Capital Subsidies, Carlianne E. Patrick Oct 2015

Jobless Capital? The Role Of Capital Subsidies, Carlianne E. Patrick

Upjohn Institute Working Papers

Using tax abatements, financial incentives, and public investments to attract (or retain) firms is the primary economic development tool for many local governments. Often local job creation policies focus on increasing capital through grants, low-interest financing, and other economic development incentives. Theory predicts that capital subsidies induce firm behaviors that limit their job creation effects. This paper employs the Incentives Environment Index, constructed from state constitutional provisions that limit and structure the ability of state and local governmental entities to aid private enterprises, and five-year county panels to test theoretical predictions on county capital expenditure and input mixes as well …


The 1993 Economic Impact Of The Upjohn Company On Kalamazoo County, George A. Erickcek, Christine R. Fahndrich Feb 2015

The 1993 Economic Impact Of The Upjohn Company On Kalamazoo County, George A. Erickcek, Christine R. Fahndrich

George A. Erickcek

No abstract provided.


Southcentral Michigan Five-Year Comprehensive Economic Development Strategy: Final Report, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney Feb 2015

Southcentral Michigan Five-Year Comprehensive Economic Development Strategy: Final Report, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney

George A. Erickcek

No abstract provided.


Kalamazoo County: Looking To Our Past For The Future, George A. Erickcek Feb 2015

Kalamazoo County: Looking To Our Past For The Future, George A. Erickcek

George A. Erickcek

No abstract provided.


How Can A Community Respond To The Economic Downturn?, George A. Erickcek, Brad R. Watts Feb 2015

How Can A Community Respond To The Economic Downturn?, George A. Erickcek, Brad R. Watts

George A. Erickcek

No abstract provided.


The 1990 Economic Impact Of The Upjohn Company On Kalamazoo County, George A. Erickcek Feb 2015

The 1990 Economic Impact Of The Upjohn Company On Kalamazoo County, George A. Erickcek

George A. Erickcek

No abstract provided.


Talent 2025: Assessment Of The West Michigan Talent Development System, George Erickcek, Brian Pittelko, Bridget Timmeney, Brad Watts Feb 2015

Talent 2025: Assessment Of The West Michigan Talent Development System, George Erickcek, Brian Pittelko, Bridget Timmeney, Brad Watts

George A. Erickcek

No abstract provided.


The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek Feb 2015

The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek

George A. Erickcek

This paper estimates that Michigan's MEGA tax credit program to attract and retain businesses has large employment and fiscal benefits. MEGA provides discretionary tax credits to businesses, with the tax credit tied to the personal income taxes paid by employees on the new or retained jobs. We estimate the economic effects of MEGA using the Upjohn Institute's REMI model, and the research literature on how business location decisions respond to taxes. We estimate the fiscal effects of MEGA based on the research literature on how government spending and revenue respond to state personal income and population. The estimates suggest a …


The Economic Impact Of Cornerstone Alliance On Berrien County, George A. Erickcek Feb 2015

The Economic Impact Of Cornerstone Alliance On Berrien County, George A. Erickcek

George A. Erickcek

No abstract provided.


Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Jim Robey Feb 2015

Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Jim Robey

George A. Erickcek

No abstract provided.