Generating Jobs: How to Increase Demand for Less-skilled Workers - Hardcover

Freeman, Richard B.; Gottschalk, Peter T.

9780871543608: Generating Jobs: How to Increase Demand for Less-skilled Workers

Hardcover

ISBN 10: 0871543605 ISBN 13: 9780871543608

Publisher: Russell Sage Foundation, 1998

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Seven studies examine the effectiveness of micro demand- side economic policies that seek to either induce firms and government agencies to increase the employment of less skilled workers, or raise the pay and benefits of low-skill labor. The authors draw a number of conclusions including: wage subsidies to hire disadvantaged workers raise demand for low-skill labor; subsidies to locate business in impoverished areas are ineffective; public employment policies raise job rates, but not wages; mandated wages raise compensation with little cost in employment levels; and profit-sharing has little effect in increasing jobs. Annotation c. by Book News, Inc., Portland, Or.

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About the Author

RICHARD B. FREEMAN is Herbert Ascherman Professor of Economics at Harvard University. He is also director of labor studies at the National Bureau of Economic Research and director of the Program for Discontinuous Economics at the London School of Economics.

PETER GOTTSCHALK is professor of economics at Boston College and research affiliate at the Institute for Research on Poverty at the University of Wisconsin, Madison.

CONTRIBUTORS: Richard B. Freeman, Peter Gottschalk, Rebecca M. Blank, Edward M Gramlich, Colleen M. Heflin, Harry J. Holzer, Susan N. Houseman, Lawrence F. Katz, Douglas L. Kruse, and Stephen Nickell.