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dc.contributor.authorBartik, Timothy J.en_US
dc.date.accessioned2012-01-18en_US
dc.date.accessioned2012-09-26T12:55:12Z-
dc.date.available2012-09-26T12:55:12Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/64345-
dc.description.abstractPublic policies may affect employment by directly creating jobs, facilitating job creation, or augmenting labor supply. In labor markets with high unemployment, such employment changes may have significant net efficiency benefits, which should be included in benefit-cost analyses. The research literature offers diverse recommendations on measuring employment benefits. Many of the recommendations rely on arbitrary assumptions. The resulting employment benefit estimates vary widely. This paper reviews this literature, and offers recommendations on how to better measure employment benefits using estimable parameters. Guidance is provided on measuring policyinduced labor demand, estimating the demand shock's impact on labor market outcomes, and translating labor market impacts into efficiency benefits. Two measures are proposed for efficiency benefits, one relying on adjusted reservation wage gains, the other on adjusted earnings gains.en_US
dc.language.isoengen_US
dc.publisherW.E. Upjohn Inst. for Employment Research Kalamazoo, Mich.en_US
dc.relation.ispartofseriesUpjohn Institute Working Paper 11-178en_US
dc.subject.jelH43en_US
dc.subject.jelJ68en_US
dc.subject.jelQ28en_US
dc.subject.ddc330en_US
dc.subject.keywordreservation wagesen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordoccupational upgradingen_US
dc.titleIncluding jobs in benefit-cost analysisen_US
dc.typeWorking Paperen_US
dc.identifier.ppn68333512Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Upjohn Institute Working Papers, W. E. Upjohn Institute for Employment Research

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