Designing Inclusion: Tools to Raise Low-end Pay and Employment in Private Enterprise

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ISBN: 9780521036030 | 0521036038
Cover: Paperback
Copyright: 3/26/2007

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Economists may suppose that low-wage work can result in correspondingly low productivity. The best solution to high unemployment and turnover and low productivity is to pay users of low-wage labor a subsidy for each unit of labor they use. Top economists examine the best ways to address the problem of low wages and employment in the low-skilled labor pool.

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List of figures
List of tables
List of contributors
Introduction
Low-wage employment subsidies in a labour-turnover model of the 'natural rate'
Taxes, subsidies and equilibrium labour market outcomes
Learning-by-doing versus on-the-job training: using variation induced by the EITC to distinguish between models of skill formation
Unemployment vouchers versus low-wage subsidies
Index
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Designing Inclusion: Tools to Raise Low-end Pay and Employment in Private Enterprise

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