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Articles 1 - 19 of 19
Full-Text Articles in Social and Behavioral Sciences
Discussant Comments On Hyman Et Al. Paper On California Competes Tax Credit (Cctc), Timothy J. Bartik
Discussant Comments On Hyman Et Al. Paper On California Competes Tax Credit (Cctc), Timothy J. Bartik
Presentations
No abstract provided.
Tax Credits For Child Care Increase Take-Up And May Help More Mothers Work, Gabrielle Pepin
Tax Credits For Child Care Increase Take-Up And May Help More Mothers Work, Gabrielle Pepin
Employment Research Newsletter
No abstract provided.
The Effects Of Child Care Subsidies On Paid Child Care Participation And Labor Market Outcomes: Evidence From The Child And Dependent Care Credit, Gabrielle Pepin
The Effects Of Child Care Subsidies On Paid Child Care Participation And Labor Market Outcomes: Evidence From The Child And Dependent Care Credit, Gabrielle Pepin
Upjohn Institute Working Papers
The Child and Dependent Care Credit (CDCC), a tax credit based on taxpayers’ income and child care expenses, reduces families’ child care costs. The nonrefundable federal CDCC is available to working families with children younger than 13 years old in all states, and nearly half of states supplement the federal credit with their own child care credits. The Economic Growth and Tax Relief Reconciliation Act expanded the federal CDCC in 2003, which led to differential increases in CDCC generosity across states and family sizes. I document CDCC eligibility and expenditures over time and across income and demographic groups. Using data …
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, …
Job Creation Tax Credits: Still Worth Consideration?, Robert S. Chirinko, Daniel J. Wilson
Job Creation Tax Credits: Still Worth Consideration?, Robert S. Chirinko, Daniel J. Wilson
Employment Research Newsletter
No abstract provided.
State Incentives For Innovation, Star Scientists, And Jobs: Evidence From Biotech, Enrico Moretti, Daniel J. Wilson
State Incentives For Innovation, Star Scientists, And Jobs: Evidence From Biotech, Enrico Moretti, Daniel J. Wilson
Upjohn Institute Working Papers
We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech employers by a state raises the number of star biotech scientists in that state by about 15 percent over a three-year period. A 10 percent decline in the user cost of capital induced by an increase in R&D tax incentives raises the number of stars by 22 percent. Most of the gains are due to the relocation of star scientists to adopting states, with limited …
An Analysis Of The Employment Effects Of The Washington High Technology Business And Occupation (B&O) Tax Credit: Technical Report, Timothy J. Bartik, Kevin M. Hollenbeck
An Analysis Of The Employment Effects Of The Washington High Technology Business And Occupation (B&O) Tax Credit: Technical Report, Timothy J. Bartik, Kevin M. Hollenbeck
Upjohn Institute Working Papers
This paper estimates the effects of an R&D tax credit in the state of Washington on job creation. The research uses micro-data on the job creation and tax credits received by individual firms in the state of Washington from 2004 to 2009. We correct for the endogeneity of R&D tax credits received by individual firms by using instrumental variables based in part on national industry factor shares for R&D. We estimate that this tax credit created jobs, but at a high cost. The cost per job-year created is estimated to be between $40,000 and $50,000. The credit was so high …
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
Upjohn Institute Working Papers
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 …
Health Insurance Tax Credits And Health Insurance Coverage Of Low-Earning Single Mothers, Merve Cebi, Stephen A. Woodbury
Health Insurance Tax Credits And Health Insurance Coverage Of Low-Earning Single Mothers, Merve Cebi, Stephen A. Woodbury
Upjohn Institute Working Papers
No abstract provided.
A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik
A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik
Employment Research Newsletter
No abstract provided.
What Are Jobs Worth?, Joseph Persky, Daniel Felsenstein, Virginia Carlson
What Are Jobs Worth?, Joseph Persky, Daniel Felsenstein, Virginia Carlson
Employment Research Newsletter
No abstract provided.
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.
The Effectiveness Of State Enterprise Zones, Alan H. Peters, Peter S. Fisher
The Effectiveness Of State Enterprise Zones, Alan H. Peters, Peter S. Fisher
Employment Research Newsletter
No abstract provided.
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 …
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
Employment Research Newsletter
No abstract provided.
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.
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.
Issues Related To Tax Exemptions For Commerce And Industry, Wayne R. Wendling
Issues Related To Tax Exemptions For Commerce And Industry, Wayne R. Wendling
Upjohn Press
Looks at the effectiveness of tax exemptions in attracting industry.