Showing 1 - 10 of 120
This review essay debates the policy issues raised by the book Retooling for Growth: Building a 21st Century Economy in America’s Older Industrial Areas, edited by Richard M. McGahey and Jennifer S. Vey (Brookings Institution Press, 2008). I argue that the main rationale for adopting policies...
Persistent link: https://www.econbiz.de/10008516727
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...
Persistent link: https://www.econbiz.de/10008478798
This chapter seeks to provide useful advice for local government policy towards economic development programs. The chapter: reviews the size and scope of local economic development programs in the United States; critically analyzes the various rationales offered for these programs; makes...
Persistent link: https://www.econbiz.de/10005101972
This paper examines the effects of expansions in higher educational institutions and the medical service industry on the economic development of a metropolitan area. This examination pulls together previous research and provides some new empirical evidence. We provide quantitative evidence of...
Persistent link: https://www.econbiz.de/10005102007
This paper simulates job and fiscal impacts of Michigan’s MEGA tax credit program for job creation. Under plausible assumptions about how such credits affect business location decisions, the net costs per job created of the MEGA program are simulated to be of modest size. The job creation...
Persistent link: https://www.econbiz.de/10010616769
This paper provides new information on what proportion of individuals spend their adult work lives in their childhood metropolitan area or state. I also examine how this proportion varies across different demographic groups, and with the size and growth rate of the metropolitan area. I find that...
Persistent link: https://www.econbiz.de/10005116751
have greater effects in reducing local unemployment rates if the local economy is initially depressed than if the local … economy is booming. Demand shocks have greater effects on local wage rates if the local unemployment rate is initially low …
Persistent link: https://www.econbiz.de/10010850019
This paper considers employment growth and unemployment from 1990-2010 in a cross-section of cities in light of … unemployment rates in 83 central cities in the United States. Change in educational attainment over time is suggestive of causing … higher job growth and lower unemployment. The implication is that initiatives to attract and retain college …
Persistent link: https://www.econbiz.de/10010670842
Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the … increase in the exhaustion rate, along with the parallel rise in long-term unemployment; examines the consequences; and reviews …
Persistent link: https://www.econbiz.de/10009358433
workers whose labor-market experiences are punctuated by spells of involuntary unemployment. They demonstrate that such …
Persistent link: https://www.econbiz.de/10008472730