Designing Inclusion
Tools to Raise Low-end Pay and Employment in Private Enterprise
1st Edition
Published on 20. December 2004
978-0-511-05474-7 (ISBN)
Description
An inclusion failure has become highly visible in the advanced economies of the West. Too many able-bodied people are subject to chronic joblessness and, when employed, cannot earn a living remotely like that in the mainstream of the population. One policy response has been to give such workers a range of goods and services without charge, another has been to single out some groups for tax credits tied to their earnings. However, many of the welfare programs actually weaken people's incentive to participate in the labour force and wage-income tax credits appear to have made hardly a dent in joblessness. This volume brings together leading economists to present four studies of methods to rebuild self-sufficiency and boosting employment: a graduated employment subsidy, a hiring subsidy and subsidies for training and education. It is of interest to anyone with a serious interest in the economics of subsidies to raise inclusion.
More details
Language
English
Place of publication
Cambridge
United Kingdom
Publishing group
Cambridge University Press
Target group
Professional and scholarly
Illustrations
Worked examples or Exercises; 24 Tables, unspecified; 24 Plates, unspecified
File size
1,03 MB
ISBN-13
978-0-511-05474-7 (9780511054747)
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Schweitzer Classification
Other editions
Additional editions
Book
03/2007
Cambridge University Press
€48.40
Shipment within 15-20 days
Book
11/2003
Cambridge University Press
€140.10
Shipment within 15-20 days
Person
Edmund S. Phelps is McVickar Professor of Political Economy and Director of the Center on Capitalism and Society at Columbia University.
Content
List of figures; List of tables; List of contributors; Introduction Edmund S. Phelps; 1. Low-wage employment subsidies in a labour-turnover model of the 'natural rate' Hian Teck Hoon and Edmund S. Phelps; 2. Taxes, subsidies and equilibrium labour market outcomes Dale Mortensen and Christopher Pissarides; 3. Learning-by-doing versus on-the-job training: using variation induced by the EITC to distinguish between models of skill formation James J. Heckman, Lance Lochner and Ricardo Cossa; 4. Unemployment vouchers versus low-wage subsidies J. Michael Orszag and Dennis J. Snower; Index.
