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dc.contributor.authorBartik, Timothy J.en
dc.date.accessioned2012-01-18-
dc.date.accessioned2012-09-26T12:55:12Z-
dc.date.available2012-09-26T12:55:12Z-
dc.date.issued2011-
dc.identifier.pidoi:10.17848/wp11-178en
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
dc.language.isoengen
dc.publisher|aW.E. Upjohn Institute for Employment Research |cKalamazoo, MIen
dc.relation.ispartofseries|aUpjohn Institute Working Paper |x11-178en
dc.subject.jelH43en
dc.subject.jelJ68en
dc.subject.jelQ28en
dc.subject.ddc330en
dc.subject.keywordreservation wagesen
dc.subject.keywordunemploymenten
dc.subject.keywordoccupational upgradingen
dc.titleIncluding jobs in benefit-cost analysis-
dc.typeWorking Paperen
dc.identifier.ppn68333512Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:upj:weupjo:11-178en

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