Generating Jobs through State Employer Tax Credits: Is there a Better Way?
| dc.contributor.author | Thompson, Jeff | |
| dc.contributor.author | Garrett-Peltier, Heidi | |
| dc.contributor.department | University of Massachusetts Amherst | |
| dc.contributor.department | University of Massachusetts Amherst | |
| dc.date | 2023-09-22T21:06:28.000 | |
| dc.date.accessioned | 2024-04-26T19:59:42Z | |
| dc.date.available | 2024-04-26T19:59:42Z | |
| dc.date.issued | 2010 | |
| dc.description | Working Paper 219 | |
| dc.description.abstract | The Governors of Massachusetts, Connecticut, and several other states have recently proposed employer tax credits as measures to fight high unemployment in their states. Such policies are also being consid-ered at the federal level. The authors find that such policies, in fact, do little to increase aggregate de-mand, and instead only modestly reduce the after-tax cost of labor in an economy with high unemployment, falling wages, and weak demand They suggest a more effective approach to creating jobs in the states: increasing spending in labor-intensive sectors and programs that are matched by federal funds, such as Medicaid. These expenditures would be particularly effective if they were financed through temporary high-income tax increases. | |
| dc.identifier.doi | 10.7275/1285938 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14394/39985 | |
| dc.source.issue | 219 | |
| dc.source.status | published | |
| dc.subject | Economics | |
| dc.title | Generating Jobs through State Employer Tax Credits: Is there a Better Way? | |
| dc.type | Working Paper | |
| digcom.contributor.author | Thompson, Jeff | |
| digcom.contributor.author | Garrett-Peltier, Heidi | |
| digcom.identifier | peri_workingpapers/187 | |
| digcom.identifier.contextkey | 1285938 | |
| digcom.identifier.submissionpath | peri_workingpapers/187 | |
| dspace.entity.type | Publication |
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