ERIC Number: ED190723
Record Type: RIE
Publication Date: 1978-Oct
Reference Count: 0
Targeted Employment Subsidies: Issues of Structure and Design.
Bishop, John; Haveman, Robert
Effects of variations in the structure of targeted employment subsidy programs on the attainment of program objectives are explored in this paper. First, the objectives that underlie targeted subsidy programs are outlined in relation to individual program characteristics and the economics of such programs are discussed. Then the wide range of program options available is examined. Among the variations considered are number and characteristics of employees covered, types of employment subsidized, mode of subsidy payment, and levels of employment or employment changes on which the subsidy will be paid. Also considered is the question of whether there should be a cap on the amount of subsidy one firm can obtain. Finally, the recently legislated Targeted Jobs Credit (TJC) program is described and evaluated, and recommendations for the future evolution of this and the New Jobs Tax Credit (NJTC) program are offered. Following the paper is a critical commentary concerning labor market economics by Daniel S. Hamermesh. (Author/GC)
Publication Type: Opinion Papers; Speeches/Meeting Papers
Education Level: N/A
Sponsor: Rockefeller Foundation, New York, NY.; Employment and Training Administration (DOL), Washington, DC.; National Commission for Manpower Policy, Washington, DC.; Department of Health, Education, and Welfare, Washington, DC.
Authoring Institution: Wisconsin Univ., Madison. Inst. for Research on Poverty.
Note: Paper presented at the Conference on Creating Job Opportunities in the Private Sector (October 19-20, 1978).