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Full-Text Articles in Social and Behavioral Sciences
The U.S. Economic Crisis And A Revised New Jobs Tax Credit, Timothy J. Bartik
The U.S. Economic Crisis And A Revised New Jobs Tax Credit, Timothy J. Bartik
Upjohn Institute Policy Papers
An efficacious economic stimulus to help the U.S. economy recover from its current recession is the revival of the New Jobs Tax Credit. Unlike the original credit utilized by the federal government in 1977– 1978, the new version should be a refundable credit but at a lower current dollar value. My 2001 book, Jobs for the Poor: Can Labor Demand Policies Help? proposed a permanent version f the New Jobs Tax Credit that would be automatically triggered when the unemployment rate is high. My estimates, updated to 2008, suggest that such a revised credit might increase aggregate U.S. employment by …
Part 1: The Regional Economy Downshifts, Regional Studies Institute, Old Dominion University
Part 1: The Regional Economy Downshifts, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
The spectacular first half of this decade is fading into the background as our regional economic growth rate has fallen back to the Commonwealth and national averages. Defense spending continues to rise in importance and now is responsible for more than 40 percent of our regional income generation.